The Fund aims to provide a return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests globally at least 80% of its total assets in the equity securities (i.e. shares) of companies globally that benefit from, or contribute to, the advancement of the “Circular Economy”. The Circular Economy concept aims to minimise waste by considering the full life-cycle of materials, and redesigning products and operations to encourage greater re-use and recycling. The Fund will aim to invest in line with the principles of the Circular Economy as determined by the Investment Adviser (IA) (having regard to specialist third party information sources as appropriate), except that the Fund will not invest in companies that are classified in the following sectors (as defined by Global Industry Classification Standard): coal and consumables; oil and gas exploration and production; and integrated oil and gas.