Royal London Gmap Dynamic Equity Fund

The Fund's investment objective is to achieve capital growth over the medium term, which should be considered as a period of 3-5 years, by predominantly (ie at least 80%) investing in UK and overseas shares through investment in Collective Investment Schemes (CIS). The Fund forms part of the Royal London Global Multi-Asset Portfolio (GMAP) range. Each Fund in the range is assigned a level of potential risk and return relative to the other funds in the range. Within this range, this Fund aims to achieve a high level of risk and return. The Fund is actively managed, meaning that the manager will use their expertise to select investments to meet the objective. The Fund's custom composite benchmark is considered an appropriate benchmark for performance comparison purposes. Management of the Fund is not restricted by the use of the composite as a comparator benchmark.