Prospective investors should read the Key Information Document and Prospectus prior to
investing.
FUND OBJECTIVE
The Sub-Fund’s investment objective is to achieve capital growth over the long-term from a
portfolio consisting primarily of listed gold and precious metals equities.
PERFORMANCE
BAKERSTEEL Precious Metals Fund fell -6.0% during the month, compared with the EMIX Global
Mining Gold Index which fell -7.3% (in Euro terms).