Primary colours RGB RGB 40 116 50 118 134 120 RGB 017 140 207 Highlight colours Close Brothers 000 159 Asset Management 223

120 103 CLOSE SOCIALLY RESPONSIBLE 190 030 INVESTMENT SERVICE 032 117

255 206 For financial intermediaries only 130 015 000 105

187 120 166 157 000 074

255 218 205 041 000 028

000 148 119 183 139 187 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Important information and risks RGB 017 140 207 This presentation is intended to be delivered to a limited information, future events or otherwise. The information Without limiting any of the foregoing, in no event shall audience, being FCA authorised intermediaries only, given in this presentation is in summary form and does MSCI, any of its affiliates or any third party involved in Highlight colours and may not be reproduced or redistributed in any not purport to be complete. or related to compiling, computing or creating the data format, in whole or in part, without the express written have any liability for any direct, indirect, special, Although the information herein has been obtained from 000 approval of Close Asset Management Limited. punitive, consequential or any other damages (including sources believed to be reliable and accurate, neither 159 lost profits) even if notified of the possibility of such Past performance cannot be relied upon as a guide Close Asset Management Limited nor any of its 223 damages. No further distribution or dissemination of the to future performance and is not a reliable indicator employees or directors guarantee its accuracy, MSCI data is permitted without MSCI’s express written of future returns. No investment, or investment completeness or fairness. Other than where liability 120 103 consent. strategy is without risks. The value of investments cannot be lawfully excluded, Close Asset Management 190 030 will go down as well as up and clients may get back Limited its parent or subsidiary undertakings and their Issued and approved by Close Asset Management 032 117 less than invested. respective directors and employees do not accept any Limited (Company No.1644127) which is registered in responsibility or liability (whether arising in contract, tort England and Wales, is authorised and regulated by the 255 206 This presentation is provided by Close Asset or negligence) for any error or omission in this Financial Conduct Authority and is a subsidiary of Close 130 015 Management Limited for information purposes only, document or for any reliance placed on this Brothers Group plc. Close Asset Management Limited 000 105 does not constitute financial advice and should not be presentation. For the avoidance of doubt, Close Asset uses the trading name Close Brothers Asset relied upon for the purposes of any investment Management Limited accepts no liability for any Management. Registered office at 10 Crown Place, 187 120 decisions. In particular, this presentation does not statement or information contained within this London EC2A 4FT. 166 157 constitute an investment recommendation or advice presentation where such statement or information has 000 074 regarding the shares or other securities of any issuer. been provided by, or is attributed to, a third party. Certain statements included or incorporated by 255 218 All images and logos incorporated within this reference within this presentation may constitute 205 041 presentation are for illustrative purposes only and do “forward-looking statements”. By their nature, forward- 000 028 not represent any endorsement of, or partnership with, looking statements involve a number of risks, Close Asset Management Limited or its products and uncertainties and assumptions and actual results or 000 148 services. 119 183 events may differ materially from those expressed or 139 187 implied by those statements. Accordingly, no assurance MSCI: Neither MSCI nor any other party involved in or can be given that any particular expectation will be met related to compiling, computing or creating the MSCI and reliance should not be placed on any forward- data makes any express or implied warranties or looking statement. representations with respect to such data (or the results to be obtained by the use thereof), and all such parties Statements in this presentation reflect the knowledge hereby expressly disclaim all warranties of originality, and information available at the time of its preparation. accuracy, completeness, merchantability or fitness for a No responsibility or obligation is accepted to update or particular purpose with respect to any of such data. revise any statement resulting from any new

2 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 One investment engine RGB 017 140 207 Highlight colours One investment engine, multiple solutions 000 159 223

120 103 UNITISED FUNDS SEGREGATED PORTFOLIOS 190 030 032 117

255 206 130 015 000 105 Close Close 187 120 Close Socially 166 157 Managed Tactical Discretionary Managed Close Portfolio Responsible 000 074 Funds Select Management Portfolio Inheritance Funds Investment 255 218 (multi- Passive Service Service Tax Service (direct)* Service 205 041 manager) Funds 000 028

000 148 119 183 139 187

Multi-asset portfolios: shares, bonds and diversifiers

*Close Bond Income Portfolio Fund and Close Select Fixed Income Fund are single-asset class.

3 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Close Socially Responsible Investment service RGB 017 140 207 ● Actively managed Highlight colours GROWTH ● Multi-asset 000 159 223 BALANCED ● Risk graded

120 103 INCOME PLUS / 190 030 ● Global CONSERVATIVE 032 117

255 206 ● Predominantly directly invested 130 015 000 105

Potentialreturns Shares ● Positive and negative screening 187 120 Bonds 166 157 Diversifiers 000 074 ● Impact measurement Cash 255 218 205 041 ● CGT management and in-specie transfers 000 028 Risk 000 148 119 183 139 187 STRATEGIC ASSET INCOME PLUS / CONSERVATIVE BALANCED GROWTH ALLOCATION

Shares 43% 65% 80% Bonds 46% 24% 9% Diversifiers 8% 8% 8% Cash 3% 3% 3%

As at January 2020.

4 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 United Nations’ Sustainable Development Goals RGB 017 140 207 Our SRI portfolios mirror the United Nations’ commitment to the promotion of prosperity and sustainability Highlight colours We look to invest in companies that are moving the world forward in a positive way through the United Nations’ Sustainable Development Goals (UN SDGs). 000 159 223

120 103 190 030 032 117

255 206 130 015 000 105

187 120 166 157 000 074

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000 148 119 183 139 187

SOURCE: www.un.org 5 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Three essential criteria RGB 017 140 207 Highlight colours

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120 103 190 030 ETHICAL ESG IMPACT 032 117 “Sustainability” “Safety” “Growth” 255 206 130 015 000 105 What we Do not invest in certain Positively screen for Seek investments that 187 120 sectors such as tobacco, companies which proactively advance and 166 157 do 000 074 armaments, gambling, incorporate the UN SDGs benefit the UN SDGs alcohol, etc. in their corporate culture 255 218 205 041 000 028 Why we These companies do not High scoring ESG Exciting, high growth and 000 148 advance the UN SDGs and companies are safer innovative businesses 119 183 do it 139 187 may be less sustainable investments over the long run

Negative screening Positive screening

SOURCE: Close Brothers Asset Management 6 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Investment process RGB 017 140 207 The long-term asset allocation framework has been created in conjunction with Moody’s Analytics, a leading provider of financial intelligence and analytical tools and is directly aligned with your agreed risk profile. Shorter-term asset allocation moves reflect our views on the current Highlight colours market landscape and provide the opportunity for active management to deliver added value.

000 159 223 ETHICAL ISS ETHIX ESG SCORE IMPACT SRI SCORE SCREEN 120 103 SCORE 190 030 032 117 We apply an ethical We use ISS Ethix We look to identify Companies are Meticulous company 255 206 screen using MSCI reports which use companies scored selection is based 130 015 on a combination of 000 105 Business Controversy with the best based on the Involvement analysis to identify Environmental, percentage of ESG and impact 187 120 Screening data, severe human rights Social and revenue aligned scores, in 166 157 removing companies and environmental Governance with our impact conjunction with 000 074 that do not align with protection risks. This scores using ESG themes: rigorous 255 218 the UN’s review is more data from MSCI. • Social fundamental and 205 041 Sustainable subjective when Each company Empowerment valuation analysis. 000 028 Development Goals compared to a receives an ESG • Environmental from our investable traditional, score from AAA to Protection 000 148 119 183 universe. Such revenue-based CCC (best to worst) • Health 139 187 companies include ‘negative screen’. relative to their • Economic (but are not limited Companies flagged global sector peers. Advancement to) tobacco, through ISS Ethix armaments and require additional alcohol. research.

REGULAR REVIEWS TO MONITOR SRI CREDENTIALS

7 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Illustrative tactical asset allocation RGB 017 140 US EQUITIES ORPEA 207 UK shares 19.3% UK EQUITIES 3I GROUP ACCENTURE NESTLE Highlight colours US shares 21.1% ASTRAZENECA ALPHABET KERING GCP ASSET BACKED INCOME APPLE BONDS European shares 12.5% 000 Shares HALMA PLC BLACKROCK LIONTRUST SUSTAINABLE 159 (62.8%) SDCL ENERGY EFFICIENCY CHECK POINT SOFTWARE 223 Japanese shares 1.4% LYXOR UK GILTS PRUDENTIAL MASTERCARD ROYAL LONDON ETHICAL BOND 120 103 Asian & EM shares 7.4% UNILEVER VISA ISHARES INDEX-LINKED GILTS 190 030 XYLEM 032 117 LONDON STOCK EXCHANGE ASI ETHICAL CORP BOND Global shares 1.1% SMITH (DS) ECOLAB J HENDERSON STRAT BOND 255 206 MONDI BECTON DICKINSON Bonds Sterling bonds 21.8% 130 015 ALTERNATIVES 000 105 CRODA INTERNATIONAL ADOBE 3I INFRASTRUCTURE Diversifiers 12.4% DECHRA PHARMA NVIDIA 120 BBGI 187 BIFFA BRISTOL-MYERS 166 157 BLUEFIELD SOLAR INCOME Cash 074 3.0% KERRY GROUP MICROSOFT 000 FORESIGHT SOLAR HELIOS TOWERS CISCO SYSTEMS GCP INFRASTRUCTURE 255 218 Legend BERKELEY GROUP 205 041 EUROPEAN EQUITIES GREENCOAT UK WIND 000 028 KINGSPAN GROUP Shares Bonds ATOS INPP INFRASTRUCTURE JAPANESE EQUITIES 000 148 DEUTSCHE BOERSE RENEWABLES INFRASTRUCTURE UBS MSCI JAPAN SOCIALLY RESP 119 183 Diversifiers Cash NOVARTIS HICL INFRASTRUCTURE 139 187 ASIA & EM EQUITIES ROCHE HOLDINGS ISHARES S&P GLOBAL WATER 50 IMPAX ASIAN ENVIRONMENTAL. UMICORE M&G GLOBAL INFRASTRUCTURE POLAR EM STARS BEFESA CASH SCHRODER ASIAN TR SIEMENS HEALTHINEERS VONOVIA SOURCE: GLOBAL EQUITIES TOMRA SYSTEMS Close Brothers Asset Management as at 30/06/2020. NINETY ONE GLOBAL ENV For illustrative purposes only, subject to change. Close ORSTED SRI Balanced portfolio was used for this example.

8 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Performance RGB 017 140 SRI Income Plus IA Mixed Investment 20-60 Shares 207 SRI Conservative IA Mixed Investment 40-85 Shares SRI Balanced IA Flexible Investment Highlight colours SRI Growth DISCRETE PERFORMANCE 2019 2018 2017 40% Close SRI Income Plus 13.99% -3.79% - 000 159 30% IA 20-60% Shares 11.84% -5.10% - 223 Close SRI Conservative 15.61% -3.76% 10.22% 120 103 20% 190 030 IA 20-60% Shares 11.84% -5.10% 7.16% 032 117 Close SRI Balanced 17.87% -3.79% 12.10% 255 206 10% 130 015 IA 40-85% Shares 15.78% -6.11% 9.98% 000 105 0% Close SRI Growth 20.75% -3.86% - 187 120 166 157 IA Flexible Investment 15.66% -6.72% - 000 074 -10% 2017 2018 2019 2020 255 218 205 041 000 028 CUMULATIVE PERFORMANCE 3 M 6 M YTD 1 Y R 3 Y R

000 148 Close SRI Income Plus 2.03% 3.34% 0.88% 3.61% 12.04% 119 183 IA 20-60% Shares 3.14% 0.80% -2.44% -0.07% 5.10% 139 187 Close SRI Conservative 1.68% 3.72% 1.18% 4.56% 13.75% IA 20-60% Shares 3.14% 0.80% -2.44% -0.07% 5.10% Close SRI Balanced 3.52% 8.21% 4.98% 9.38% 20.72% IA 40-85% Shares 4.02% 3.00% -2.08% 1.12% 9.01% Close SRI Growth 4.23% 9.20% 4.78% 10.40% 25.21% IA Flexible Investment 4.79% 3.92% -1.42% 2.07% 8.98%

SOURCE: CBAM & FE Analytics as at 31/08/2020. Past performance is not a reliable indicator of future results. Line graph – data since inception of ‘SRI Growth’ (30/04/2017). Performance figures are net of fees. 9 Primary colours CLOSE BROTHERS ASSET MANAGEMENT RGB RGB 40 116 50 118 134 120 Additional information RGB 017 140 207 Availability Fees Support Highlight colours ● GIA ● AMF – 1.00% + VAT ● Business Development Director 000 159 ● ISA ● Investment Specialist team 223

120 103 ● SIPP ● IFA support team 190 030 032 117 ● Offshore bond

255 206 130 015 000 105

187 120 Resources 166 157 000 074 • Brochure 255 218 205 041 • Asset allocation documents 000 028 • Monthly newsletter 000 148 119 183 • Proposal documents 139 187 • Quarterly valuation packs • Annual tax packs • Online portal

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