VT TYNDALL GLOBAL SELECT B

The investment objective of the Sub-Fund is to achieve long-term capital growth, which should be seen as five years plus, through both capital appreciation and income generation. In seeking to achieve the Sub-Fund's objective, the portfolio will consist predominantly (75% or greater) of listed companies in high income economies (as defined by the World Bank from time to time). The investments will be ordinary shares and other transferable securities including, but not limited to, preference shares and debt securities convertible into ordinary stocks and shares.