PERSONAL PORTFOLIO ADVENTUROUS FUND

Higher Risk – Share Class 3 Accumulation

as at 31 October 2024

Investment Objective
The Fund aims to provide an increase in capital value over the long term (5 years or more). The Fund will invest, directly and
indirectly, at least 90% in higher risk assets, such as UK and overseas shares and no more than 10% in lower risk assets such as UK and
overseas bonds. The Fund will do this by investing indirectly via regulated collective investment schemes or exchange-traded
products including investment trusts and exchange-traded funds, and directly in bonds and shares with allocations determined by
the Investment Manager. The Investment Manager will invest at least 50% of the Fund’s portfolio in investments in companies that
are credibly committed to achieving net zero greenhouse gas emissions by 2050 (a “Net Zero Trajectory”). More information about
what the Investment Manager considers to be a credible commitment to a Net Zero Trajectory can be found in the Environmental,
Social and Governance (ESG) Policy on the website (www.coutts.com/wealth-management/specialist-planning-services
/responsible-investing/disclosure-and-policies.html).

Fund Facts Asset Breakdown

Investment Manager Coutts & Co. International Equities 94.2%
UK Equities 2.8%
Fund Launch 07/09/2022 Cash & Equivalents 1.9%
International Bonds 0.2%
Benchmark Refer to footnote 2
Other 0.8%
Base Currency GBP

Fund Size £1018.00m

Minimum Initial Investment £50 Geography

Minimum Investment Horizon 5 years North America 60.0%
Developed Europe - 23.4%
Ongoing Charges Figure 0.40% p.a (capped at 0.40% Excl UK
p.a)1 Japan 5.3%
UK 4.8%
Trade Frequency Daily Emerging Asia 2.4%
Developed Asia 1.3%
Settlement 3 business days
Australia & New 1.1%
Fund Domicile United Kingdom Zealand
Middle East & Africa 0.4%
Investment Structure UK UCITS South & Central 0.3%
America
ISIN GB00BQ5HYW78 Emerging Europe 0.1%
Other 1.0%
1 The ongoing charges figure (OCF) is the cost incurred in running the

fund shown as a percentage of the value of the assets of the fund. It The fund is actively managed, which means the Investment Manager
includes the investment manager fee in addition to the depositary, makes the decisions about how to invest the Fund’s money, therefore the
custodian, administration, legal and audit fees and the cost of investing in above data is expected to change over time.
external funds. It does not include the platform fees, fund transaction Please note that the breakdown shown is for illustrative purposes only
costs or any potential one-off charges (e.g. advice fees or dilution levy). and is accurate as at the date of publication. As such, the percentage
2 Benchmark: 2% SONIA (Sterling Overnight Index Average), 98% MSCI
invested in the different asset classes at other dates may differ
considerably from those detailed in this factsheet.
All Countries World Index ESG Screened Select Index (GBP)*. *A custom
As a result of rounding, the figures may not add up to 100%.
index calculated by MSCI based on screening criteria provided by the
Note the fund may use futures contracts (whose value is linked to price
Investment Manager. We made changes to the comparative indices used in
movements of the underlying assets) as an efficient and cost effective way
our benchmarks on 2nd July 2024. From then onwards, relative
of gaining market exposure. The cash required to meet the payment
performance has been determined by reference to the indices set out
obligations of the futures contracts may be used to invest in other highly
above (which have not been applied retrospectively). The Fund’s level of
liquid assets which are typically lower risk but have a return greater than
exposure to different asset classes will typically be in line with the cash, such as short dated bond assets. These assets are excluded from the
benchmark weightings. The Benchmark has been created by the
above table. The data can be made available upon request.
Investment Manager to constrain the level of risk of the Fund. The
Investment Manager chooses the assets held by the Fund considering the
Benchmark weights and indices and manage the Fund within a tracking
error of 2%. Tracking error measures the extent to which the Fund’s
performance differs from the Benchmark.
PERSONAL PORTFOLIO ADVENTUROUS FUND
as at 31 October 2024

Fund Performance Since Launch 12 Month Performance to the End of Previous

30% Quarter
30 Sep 19 30 Sep 20 30 Sep 21
30 Sep 22 to 30 Sep 23 to
to 30 Sep to 30 Sep to 30 Sep
30 Sep 23 30 Sep 24
20% 20 21 22
Class 3
12.5% 15.7%
accumulating GBP3

10% Benchmark2 11.9% 16.3%

Cumulative Performance
0%
1 year 3 years 5 year 10 year Year to date
Class 3 accumulating GBP3 21.2% 12.2%

Benchmark2 22.1% 13.2%

-10%
31 Oct 23 31 Oct 24
Source: Coutts/Refinitiv Eikon
Higher Risk – Share Class 3
Accumulation
Benchmark Past Performance should not be taken as a guide to future
performance. For more information please visit
coutts.com/personal-portfolio-funds.html

We p u b l i s h a n i n d i c a t i v e N AV ( a n e s t i m a t e o f t h e v a l u e o f
the fund’s a s s e t s ) o n t h e l a s t w o r k i n g d a y o f e a c h y e a r d u e
to this being a half day on the London Stock Exchange.

3Performance figures are derived from the Fund net asset values (NAV)
and are quoted net of all fees paid from within the fund.

Important Information
The value of investments and any income from them, can go down as well as up, and you may not recover the amount of your original investment.
There is no guarantee that the investment objective will be achieved. Where an investment involves exposure to a foreign currency, changes in rates of
exchange may cause the value of the investment, and the income from it, to go up or down. In the case of some investments, they may be illiquid and
there may be no recognised market for them and it may therefore be difficult for you to deal in them or obtain reliable information about their value or
the extent of the risks to which they are exposed. Investments in emerging markets are subject to certain special risks, which include, for example, a
certain degree of political instability, relatively unpredictable financial market trends and economic growth patterns, a financial market that is still in the
development stage and a weak economy.
 Top 10 Holdings Fund Manager Comments
BlackRock (Dublin) Coutts US ESG Insights
1 18.28% • This is a multi asset fund, with an active asset allocation
Equity Class C
implemented via passive funds and UK gilts (no alternative
iShares iShares IV plc MSCI USA ESG Enhanced assets or themes).
2 18.17% • The Fund’s level of exposure to different asset classes will
UCITS ETF USD (Dist)
typically be in line with the benchmark. The Fund will be
BlackRock (Dublin) Coutts North America ESG managed relative to, and therefore be constrained by the
3 17.84%
Insights Equity Class C Benchmark.
• The Investment Manager will manage the risk profile of the
AMUNDI S&P 500 Climate Net Zero Ambition Fund via divergence from the Benchmark within a Tracking
4 11.01%
USD Error of 2%.
BlackRock (Dublin) Coutts Europe ex-UK ESG “BLOOMBERG®” and the Bloomberg indices listed herein (the “Indices”)
5 10.96%
Insights Equity Class C Distributing GBP are service marks of Bloomberg Finance L.P. and its affiliates, including
Bloomberg Index Services Limited (“BISL”), the administrator of the
iShares iShares IV plc MSCI EM ESG Enhanced Indices (collectively, “Bloomberg”) and have been licensed for use for
6 6.05%
UCITS ETF USD (Dist) certain purposes by the distributor hereof (the “Licensee”). Bloomberg is
not affiliated with Licensee, and Bloomberg does not approve, endorse,
RBS Collective Investment Funds Amundi MSCI review, or recommend the financial products named herein (the
7 5.29%
Japan ESG ETF “Products”). Bloomberg does not guarantee the timeliness, accuracy, or
completeness of any data or information relating to the Products.
BlackRock (Dublin) Coutts Emerging Markets
8 4.26%
ESG Insights Equity Class C Source MSCI. MSCI makes no express or implied warranties or
representations and shall have no liability whatsoever with respect to any
BlackRock (Dublin) Coutts UK ESG Insights MSCI data contained herein. The MSCI data may not be further
9 2.94%
Equity Class C redistributed. This report is not approved, endorsed reviewed or
produced by MSCI. None of the MSCI data is intended to constitute
Amundi ETF Amundi S&P 500 II UCITS ETF investment advice or a recommendation to make (or refrain from
10 1.99%
GBP Hedged Dist making) any kind of investment decision and may not be relied on as
such.
TOTAL 96.79%

The Fund is actively managed and will mainly be invested in collective

investment schemes that are index tracking rather than actively managed.