JOHCM Emerging Mkts Discovery Instl JOMMX

The fund invests at least 80% of its net assets in equity securities issued by companies located in emerging markets, including frontier markets. The adviser may achieve its equity exposure either directly or indirectly, such as through depositary receipts, exchange-traded funds (“ETFs”) and participatory notes. The adviser will hold securities of 70 to 120 companies. The adviser expects to invest a portion of its assets in securities of developed markets companies that derive, or are expected to derive, a significant portion of their revenues from their operations in emerging or frontier markets.