The Doric Asia Pacific Small Cap Fund

The investment objective of the Fund is to achieve a risk-adjusted medium- to long-term capital appreciation primarily through investing in equities traded on stock markets in the Asian region but may include convertible bonds, preference shares and fixed income securities issued by listed Asian corporations. The Fund adopts a focused, fundamental and bottom-up research approach for security selection and valuation complemented with risk management disciplines. The Fund uses hedging, long-short strategies, and other risk management disciplines to achieve a targeted return of 18% or more in the medium- to long-term with two-thirds of the market volatility.