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Africa Sustainability Active Fund
 (launch 2010)

The objective of the Africa Sustainability Active Fund is to provide long-term investors with active equity exposure to African companies within a responsible investment framework. The investment universe consists of listed companies that derive greater than 50% of their revenues, operating cash flows, net asset value, proven reserves, production volumes or indicative net present value from African countries excluding South Africa. The universe includes companies listed on non-African exchanges.