Global Equity Fund

The Fund aims to achieve long-term capital growth by investing primarily in equity securities of large cap
global companies located throughout the world.

The Fund’s Sub-Investment Manager, WCM Investment Management, is an independent asset
management firm based in Laguna Beach, California. The firm was founded in 1976 and has USD 77
billion of assets under management.

The Sub-Investment Manager uses a bottom-up approach that seeks to identify companies with attractive
attributes, such as long-term historical growth in revenue and earnings, and/or a potential for superior
future growth. The Sub-Investment Manager’s investment process seeks companies that are industry
leaders who are viewed as innovators in their field with business strategies aimed at building on
opportunities that have sustainable competitive advantages leading to the outperformance of
competitors; corporate cultures emphasizing strong, quality and experienced management, with cultures
that help to foster these attributes at management level; low or no debt; and attractive relative
valuations.