GLOBAL BOND INDEX FUND - CHF HEDGED ACC

The fund seeks to provide returns consistent with the performance of the Barclays Capital Global Aggregate Float Adjusted Bond Index (the “Index”) by primarily investing in other funds of the Company (the “Underlying Funds”). It will primarily invest directly in the underlying bonds which the various Underlying Funds hold although the Fund will retain the ability to invest up to 10% of its net assets in collective investment schemes.