Global Fund Prospectus - Jupiter Asset Management

THE JUPITER GLOBAL FUNDInformation Sheet■■The Jupiter Global Fund – Jupiter Global FinancialsInvestment ObjectiveTo achieve long term capital growth principally through investment inequities of financial sector companies on an international basis.Investment PolicyThe Fund will invest primarily in an international portfolio of financialservices companies worldwide. The Fund will also invest, to a lesserextent, in property related companies. The companies in which the Fundinvests are considered by the Investment Manager to be undervaluedand exhibit favourable growth prospects arising from characteristicssuch as proven management or strong products or services.Subject to the limits set out in the Investment Restrictions, the Fund willhave the ability: to hedge against directional risk using index futuresand/or cash; to hold bonds and warrants on transferable securities; touse options and futures for hedging purposes and for efficient portfoliomanagement; to enter into portfolio swaps; to use forward currencycontracts; and to hold liquid assets on an ancillary basis.The Fund may enter into portfolio swaps relating to indices, sectors,baskets or individual securities for both investment purposes and forhedging or efficient portfolio management. To the extent that portfolioswaps are used for investment purposes, the Fund’s gross exposureto the market shall not exceed 150% of its net assets at any time. TheFund’s maximum long exposure to the market shall be 130% of its netassets and its maximum short exposure shall not exceed 20% of itsnet assets.Subject to the limits set out in the Investment Restrictions, the Fundmay invest in fixed interest securities, equities and equity relatedsecurities (including participation notes) issued by governments orcompanies which have their registered office in emerging marketeconomies or exercise the predominant part of their economicactivities in emerging market economies.Base CurrencyEuro.Launch Date1 November 2006.Currency of SubscriptionShares of each Class may be purchased in any freely convertiblecurrency at such conversion rates as may be determined by theCustodian and at the exchange rate risk of the investor, as more fullydescribed in the section headed ‘How to Subscribe’ in this Prospectus.Valuation DayEvery Business Day in Luxembourg.Dealing Deadline1.00pm (Luxembourg time) on every Valuation Day.Price Informationwww.jupiteronline.com and at the registered office of the Companyon every Valuation Day. Price information is also available on requestfrom the Distributors and from the Administrator in Luxembourg.ListingThere is currently no intention to list any Class of Shares on theLuxembourg Stock Exchange.Global ExposureThe global exposure of the Fund is calculated using the Relative VaRApproach. The expected maximum level of leverage for the Fund,calculated in accordance with CSSF Circular 11/512, is 200%.Profile of the typical InvestorThis Fund may be suitable for investors with a broad attitude to risklooking for a long term investment opportunity in line with its InvestmentObjective and Policy. An investment in the Fund will not be suitablefor investors seeking solely an index linked return on their investment.Investment in the Fund should be regarded as long term in nature andmay not be suitable as a short term investment. Typical investors inthe Fund are expected to be asset and wealth managers regulated orauthorised by the relevant local regulator, retail private clients who willinvest through suitably authorised intermediaries and private individualswho are experienced in making equity investments and who have theresources to withstand the risks associated with them.48