Company and Regulatory details

Franklin Templeton Investment Trust Management Limited acts as the Alternative Investment Funds Manager (the “AIFM”) for Martin Currie Global Portfolio Trust PLC and Martin Currie Investment Management Limited, a wholly owned subsidiary of Martin Currie Limited, acts as the portfolio manager. Both companies are authorised and regulated in the United Kingdom by the Financial Conduct Authority:

• Franklin Templeton Investment Trust Management Limited – FCA No. 613473
• Martin Currie Investment Management Limited – FCA No. 119289

Martin Currie Investment Management Ltd is also registered as an Investment Adviser with the Securities and Exchange Commission (SEC) in the United States of America.

If you would like further information on the Financial Conduct Authority (FCA), our regulator, you can access their website.

If you would like further information on the Securities Exchange Commission (SEC) you can access their website.

Residence

This website is intended for the information of residents in countries in which Martin Currie group services and products may be sold unless otherwise stated. The information contained within this website does not constitute an offer of or an invitation to apply for securities:

• In any jurisdiction where such offer or invitation is unlawful or
• In which the person making such offer is not qualified to do so or
• To whom it is unlawful to make such offer or solicitation.

The information has been issued and approved by Martin Currie Investment Management Limited and/or Martin Currie Fund Management Limited (collectively 'Martin Currie'). It does not in any way constitute investment, tax, legal or other advice. If you are in any doubt about any of the information on this website, please consult your financial or other professional adviser.

The information contained in this site has been compiled with considerable care to ensure its accuracy at the date of publication. But no representation or warranty, express or implied, is made to its accuracy or completeness. Any research or analysis contained in this website has been procured by Martin Currie for its own use. It is provided to you only incidentally, and any opinions expressed are subject to change without notice.

Anti-money laundering

Martin Currie must adhere to anti-money laundering legislation. This requires us to carry out identity verification checks. If we cannot adequately verify your and/ or your client's identification in accordance with the relevant legislation, we reserve the right to refuse the investment. If the funds are invested prior to the identity checks being carried out, we will not release the proceeds until we receive adequate verification of your and/or your client's identity.

Listed below are some of the services/products provided by Martin Currie. It is your responsibility to find out about, and observe, all applicable laws and regulations of any relevant jurisdiction in connection with any of the below products. If you or your client plans to buy shares, you must find out about the legal requirements/restrictions of doing so, and any applicable exchange control regulations and taxes in the respective countries of your or your client's citizenship, residence or domicile. You must also satisfy yourself as to their suitability having regard to your or your clients' financial circumstances. None of the products are offered for sale in any country in which such an offer is not permitted under that country's applicable law.

Franklin Templeton Funds

Franklin Templeton Funds (formerly Legg Mason Funds ICVC) is a company incorporated as an Investment Company with Variable Capital (ICVC) and is authorised by the Financial Conduct Authority under reference number 184169. Franklin Templeton Fund Management Limited is the Authorised Corporate Director (ACD) of Franklin Templeton Funds and Martin Currie Investment Management Limited is the appointed investment manager for the following sub-funds of Franklin Templeton Funds:

• FTF Martin Currie Asia Unconstrained Fund
• FTF Martin Currie Emerging Markets Fund
• FTF Martin Currie European Unconstrained Fund
• FTF Martin Currie Global Unconstrained Fund
• FTF Martin Currie Japan Equity Fund
• FTF Martin Currie US Unconstrained Fund
• FTF Martin Currie UK Equity Income Fund
• FTF Martin Currie UK Managers Focus Fund
• FTF Martin Currie UK Mid Cap Fund
• FTF Martin Currie UK Opportunities Fund
• FTF Martin Currie UK Rising Dividends Fund
• FTF Martin Currie UK Smaller Companies Fund
• Franklin UK Equity Income Fund

Further information on Franklin Templeton Funds and its sub-funds can be found on the Franklin Templeton website.

Franklin Templeton Global Funds plc

Franklin Templeton Global Funds plc (FTGF) (formerly known as Legg Mason Global Funds plc) is an umbrella fund with segregated liability between sub-funds registered in Ireland. It also qualifies as a UCITS (Undertakings for Collective Investment in Transferable Securities) fund in the European Union. Martin Currie Investment Management Limited is either the appointed investment manager or sub-investment manager for the following sub-funds of Franklin Templeton Global Funds

• FTGF Martin Currie Asia Pacific ex Japan Real Income Fund
• FTGF Martin Currie European Unconstrained Fund
• FTGF Martin Currie Global Emerging Markets Fund
• FTGF Martin Currie Global Long-Term Unconstrained Fund
• FTGF Martin Currie Improving Society Fund

Communications

Our communications with you, whether by telephone or otherwise, may be recorded for your protection and for our regulatory compliance.

Risk factors

Risk warnings
Investors should also be aware of the following risk factors which may be applicable to an investment in a Martin Currie strategy or product:

Past performance
Past performance is not a guide to future returns. It is strongly recommended that you seek independent advice before entering into any financial transaction.

Market movements
Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested.

Foreign markets risk
Investing in foreign markets introduces a risk where adverse movements in currency exchange rates could result in a decrease in the value of your investment.

Emerging markets risk
Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries. Accordingly, investment in emerging markets is generally characterised by higher levels of risk than investment in fully developed markets.

Limited number of investments
This strategy may hold a limited number of investments. If one of these investments falls in value this can have a greater impact on the portfolio’s value than if it held a larger number of investments.

Investment type
Smaller companies may be riskier and their shares may be less liquid than larger companies, meaning that their share price may be more volatile.

Use of derivatives
The strategy may invest in derivatives (LEPWs (Low Exercise Price Warrants), Index futures and FX forwards) to obtain, increase or reduce exposure to underlying assets. The use of derivatives may restrict potential gains and may result in greater fluctuations of returns for the portfolio. Certain types of derivatives may become difficult to purchase or sell in such market conditions.

Investment trusts
As shares in investment trusts are traded on a stock market, the share price will fluctuate in accordance with supply and demand and may not reflect the value of the underlying net asset value of the shares.

Depending on market conditions and market sentiment, the spread between purchase and sale price can be wide. As with all stock exchange investments the value of investment trust share purchases will immediately fall by the difference between the buying and selling prices, the bid-offer spread. The value of investments and the income from them may go down as well as up and is not guaranteed.

Investment trusts may borrow money in order to make further investments. This is known as 'gearing' and can enhance shareholder returns in rising markets but, conversely, can reduce them in falling markets.

The majority of charges will be deducted from the capital of the company. This will constrain capital growth of the company in order to maintain the income streams.

Further risk warnings relating to the Franklin Templeton umbrella funds are set out in the prospectuses of Franklin Templeton Funds ICVC and Franklin Templeton Global Funds plc, which can be found on the Franklin Templeton website.