PRODUCT HIGHLIGHTS SHEET 1 Further Information Refer to Para 4 on page 29-93 of the Prospectus for further information on suitability. product Refer to the “Important Information” section and Para 1, 2.2 and 4 on page 7, 20-21 and 29-93 of the Prospectus for further information on of the product. features Prepared on: 17 April 2013 April 17 on: Prepared USD (base currency) Class A Acc: 18/04/2012 #Class A Dis: 18/04/2012 SGD Hedged #Class A Dis: 28/02/2013 AUD Hedged @Class A Dis: Not incepted yet J.P. Morgan Bank Luxembourg J.P. S.A. Every Dealing Day Not available as the Fund has not been incepted as at 31 December 2011 Inception Date Custodian Dealing Frequency Expense Ratio for the year ended 31 December 2011 PRODUCT SUITABILITY KEY PRODUCT FEATURES Collective Investment Scheme Collective Investment Schroder Investment Management Schroder (Luxembourg) S.A. Schroder Investment Management Schroder Limited Investment Management Schroder Ltd (Singapore) No Not Applicable International Fund Selection Schroder (the “Fund’’) Income Global Multi-Asset

to ask for one. please contact us not have a copy, If you do “Prospectus”)¹. seek capital growth and income; and seek capital growth and bonds of companies worldwide, bonds and understand the risks of investing in shares funds and of governments through and governmentcurrencies agencies worldwide or indirectly derivatives.

Product Type Product Management Company Investment Adviser Investment Manager Capital Guaranteed Name of Guarantor during usual office hours. ¹ The Prospectus is available for collection from Schroder Investment Management (Singapore) Ltd or any of its approved distributors Ltd or any of its approved Management (Singapore) Investment Schroder is available for collection from ¹ The Prospectus • set out in the Prospectus. an application in the manner will need to make you the product, If you wish to purchase • risks. the accompanying comfortable with not are understand it or if you do not product not invest in the should You • units in the product. to purchase whether deciding before the Prospectus It is important to read • (the Prospectus the Singapore complements and product investment of this and risks terms the key It highlights This Product Highlights Sheet is an important document. an important Sheet is Highlights Product This currency and the Fund’s base currency. and the Fund’s currency Fund’s base currency by reducing the effects of Fund’s exchange rate fluctuations between therelevant Class Hedged Classes aim to provide you with the performance returns of the Fund’s investments in the in the Fund and its value is reflected in the price of the Shares in the Classes. in the price of the Shares in the Fund and its value is reflected Accumulation Shares accumulate investments, net meaning income it received from the is Fund’s kept offshore-funds/schroder-isf/literature. please refer to the dividend calendar which can be obtained from http://www.schroders.com/singapore/ from obtained can be which calendar dividend to the refer please from time to time by the board of directors of the Company. For any updates to the distribution frequency, frequency, distribution the to updates any For Company. the of directors of board the by time to time from declared as monthly dividends. Dividends may be paid more or less frequently as deemed appropriate as deemed appropriate or less frequently as monthly dividends. Dividends may be paid more declared Class currency. As at the date of registration of the Prospectus, dividends for Distribution Classes will be will Classes Distribution for dividends Prospectus, the of registration of date the at As currency. Class If you are a holder of Distribution Shares, you may receive dividends in the form of cash in the relevant credit default swaps). credit Investment Funds or financial derivative instruments (including, but not limited to, futures, options and primarily in global equities and global fixed income securities directly or indirectly through the use of The Fund aims to provide income and capital growth over the medium to longer term by investing income and capital growth The Fund aims to provide Part I of the law on undertakings for collective investment dated 17 December 2010. Part I of the law on undertakings for collective investment dated 17 December 2010. as a “société anonyme” and qualifies as a Société d’Investissement àVariable Capital under (“SICAV”) is an umbrella structured open-ended investment company with limited liability in Luxembourg, organised Luxembourg, in liability limited with company investment open-ended structured umbrella an is You are investing in a sub-fund of Schroder International Selection Fund (the “Company”). The Company investing in a sub-fund of Schroder are You IN? ARE YOU INVESTING WHAT • • The Fund is only suitable for investors who: FOR? WHO IS THE PRODUCT SUITABLE PRODUCT HIGHLIGHTS SHEET 2 Refer to Para 1 and 3 on Refer to Para 1 and the page 7 and 22-28 of for further Prospectus information on the role of and responsibilities these entities. Refer to Para 4 on page to Para 4 Refer Prospectus 29-93 of the information on for further strategy the investment of the Fund. Refer to Para 7 on page 102-104 of the for further Prospectus information on risks of the product. Refer to Para 7.1 on page 102 of the for further Prospectus information. Refer to the “Important Information” section and Para 7.1 and 10.1 on page 102 and 110 of the for further Prospectus information. Refer to Para 7.1 on page 102 of the for further Prospectus information. may factors risk These fall. or rise may KEY RISKS Liquidity Risks Parties Involved Strategy Investment any) Risks Product-Specific Risks Market and Credit (if distributions its and Fund the of value

Mortgage or asset-backed securities may not receive in full the amounts owed to them by underlying by them to owed amounts the full in receive not may securities asset-backed or Mortgage borrowers. Non-investment grade securities will generally pay higher yields than more highly rated securities but securities rated highly more than yields higher pay generally will securities grade Non-investment and default risk. market credit will be subject to greater The Fund may use financial derivative instruments of as part futures, of the investment options, process. warrants, The use forwards, Fund’s ability to swaps use such instruments or successfully depends swap on the Investment options to Manager’s accurately ability predict movements involves in stock prices, interest increased rates, currency exchange rates risk. or other The economic factors and the availability of liquid markets. If the predictions Investment are Manager’s wrong, or if the financial derivative instruments donot work as anticipated, the Fund losses than if the Fund had not used such instruments. greater could suffer A security issuer may not be able to meet its obligations to make timely payments of interest and rating of those securities. the credit principal. This will affect There is no secondary market for the Fund. All redemption requests should be made to the distributor the to made be should requests redemption All Fund. the for market secondary no is There The liquidity of the Fund may be Shares. the whom you originally purchased of the Fund through on requests redemption meet to sold be to is Fund the of assets the of portion significant a if limited a short time frame. During this period, the portfolio allocation may be modified to prioritise liquidity. The value of investments by the Fund may go up or down due to changing economic, political individual situation. or market conditions, or due to an issuer’s The Fund is a sub-fund of Schroder International Selection Fund. of Schroder The Fund is a sub-fund S.A.. Investment Management (Luxembourg) is Schroder The Management Company Investment Management Limited. is Schroder The Investment Manager Ltd. Investment Management (Singapore) is Schroder The Investment Adviser Morgan Bank Luxembourg S.A.. The Custodian is J.P. Ltd. Investment Management (Singapore) is Schroder Representative The Singapore

• risk exposed to asset-backed/mortgage-backed securities are You • • exposed to non-investment grade risk. are You exposed to derivatives risk. are You • exposed to debt securities risk. are You • exposed to liquidity risk. are You • exposed to market risk. are You

The ARE THE KEY RISKS OF THIS INVESTMENT? WHAT

to achieve the investment objective, to reduce risk or manage the Fund more efficiently. efficiently. Fund more risk or manage the objective, to reduce to achieve the investment Financial derivative instruments and cash may be used instruments and cash may be used cash on deposit. Financial derivative The Fund may also hold WITH? WHO ARE YOU INVESTING • • • • • •

allocation and allocation to asset classes may vary over time. classes may vary and allocation to asset allocation around the world, and seeks to identify attractive sources of income whilst diversifying risk. The regional regional The risk. diversifying whilst income of sources attractive identify to seeks and world, the around The Fund aims to provide a sustainable level of income. It invests in a broad range of assets from of assets from range It invests in a broad level of income. sustainable a to provide aims The Fund

through funds and derivatives. The Fund will not invest more than 10% into funds. than 10% into funds. will not invest more derivatives. The Fund funds and through worldwide, worldwide, bonds and currencies of governments and government agencies worldwide or indirectly At least two-thirds of the Fund (excluding cash) will be invested directly in shares and bonds of companies companies bonds of and in shares directly will be invested cash) (excluding of the Fund two-thirds At least investment. cause you to lose some or all of your PRODUCT HIGHLIGHTS SHEET 3 Refer to Para 10, 12 and 13 on page 110-112 of for further the Prospectus information on valuation the and exiting from product. Refer to Para 6 on page Refer to Para 6 on page 94-101 of the Prospectus on for further information the fees and charges. AND RISKS THE ARE WHAT AND FEES AND CHARGES INVESTMENT transaction US$20,000 Class A • 1.25% per annum • Not Applicable and US$150 per • Up to a maximum of 0.5% per annum Class A • Up to 5% • Up to 1% • None • Up to 0.4% per annum minimum fee of • 0.02% per annum subject to an annual Class A • None THIS

FROM AND EXITING FROM THIS INVESTMENT VALUATIONS EXIT YOU

CAN

If you submit the Redemption Request by 5 pm Singapore time on a Singapore Business Day and agent by such Redemption Request is accepted by the Management Company or its administrative 1 pm you Luxembourg will time be of paid the a Dealing relevant price Day, based on the net asset on that Dealing Day. value per Share The Fund’s operations depend on third parties and it may suffer disruption or loss in the event of their their of event the in loss or disruption suffer may it and parties third on depend operations Fund’s The failure. In respect of a Distribution Class with fixed dividends, fixed dividendsmay be paid out of capitalif amount. fixed dividend than the is less income investment of paid a out Distribution of Class capital with rather variable dividends, the In dividends respect are than out of and investment will in income. be periods Capital capital reduced of growth low growth, may occur. erosion of value asset net the reduce will this Class, Distribution a of capital of out paid are dividends Where Class. the Distribution

Performance Fee Custody Fee Annual Management Fee Initial Charge Switching Charge Redemption Charge Administration Fee Accounting and valuation fee Distribution Charge COSTS IN DOING SO? • Your exit price is determined as follows: Your to such period, not exceeding 30 Business Days. directors of the Company reserve the right to extend the period of payment of the redemption proceeds proceeds the right to extend the period of payment of the redemption of the Company reserve directors Redemption Request by the Management Company or its administrative agent provided that the that provided agent administrative its or Company Management the by Request Redemption The redemption proceeds are usually paid to you within 6 Business Days following the receipt of the Days following the receipt usually paid to you within 6 Business are proceeds The redemption the redemption of part or all Shares in excess of 10% will be deferred until the next Dealing Day. the next Dealing Day. until in excess of 10% will be deferred of part or all Shares the redemption than 10% of the total value of the Shares in issue of the Fund on a Dealing Day. In these circumstances, circumstances, these In Day. Dealing a on Fund the of issue in Shares the of value total the of 10% than The directors of the Company reserve the right not to accept instructions to redeem (or switch) of more (or switch) of more the right not to accept instructions to redeem of the Company reserve The directors

it to the relevant distributor through whom you originally purchased the Shares. whom you originally purchased distributor through it to the relevant You may redeem Shares by completing a share redemption form (“Redemption Request”) and submitting form (“Redemption Request”) redemption by completing a share Shares may redeem You HOW also available directly from the Singapore Representative. the Singapore from also available directly http://www.schroders.com.sg normally within 2 Singapore Business Days after each Dealing Day and is normally within 2 Singapore http://www.schroders.com.sg The net asset value of the Shares of the Fund is published at the Singapore Representative’s website at website Representative’s Singapore the at published is Fund the of Shares the of value asset net The AVAILABLE? HOW OFTEN ARE VALUATIONS

You will need to pay the following fees and charges as a percentage of your gross investment sum: investment of your gross following fees and charges as a percentage will need to pay the You OF THIS INVESTMENT? ARE THE FEES AND CHARGES WHAT by you Payable directly • • • risk. exposed to operational are You • Classes) Distribution to applicable risk (only policy to distribution exposed are You The Fund will pay the following fees and charges to the Management Company and other parties: The Fund will pay the following fees and invested proceeds Payable by the Fund from PRODUCT HIGHLIGHTS SHEET 4 S$11,000.00 (Redemption Proceeds) = . Investment Management Schroder Ltd (Singapore) #46-00, OCBC Centre 65 Chulia Street 049513 Singapore 6534 4288 Tel: www.schroders.com.sg Website: Representative The Singapore INFORMATION CONTACT S$11.00 TERMS OF APPENDIX: GLOSSARY

(Net Asset Value per Share) (Net Asset Value x 1000 Units

If you submit the Redemption Request after 5 pm Singapore time on a Singapore Business Day and Day Business Singapore a on time Singapore pm 5 after Request Redemption the submit you If by agent administrative or its Company Management by the is accepted Request Redemption such 1 pm Luxembourg time of the next relevant you Dealing will Day, be paid a price based on the net Dealing Day. on the next relevant per Share asset value

(Number of Shares) the Fund. No cancellation period is available, and you cannot cancel your subscription for of Shares any Class of redeemed. An example is as follows: An example redeemed. • Shares by the number of exit price multiplied will be the you will receive that proceeds The redemption For enquries, please contact For enquries, please

Distributor US? HOW CAN YOU CONTACT on which commercial banks in Singapore are open for normal banking business. open for normal banking are banks in Singapore on which commercial Singapore Business Day: means a day (other than a Saturday or a Sunday or a gazetted public holiday) Business Day: means a day (other than a Saturday Singapore Shares: shares in the Fund. in the shares Shares: such Luxembourg Prospectus) attached to the Prospectus. such Luxembourg Prospectus) Luxembourg Prospectus: the Luxembourg Prospectus of the Company (together with any addendum to the Luxembourg Prospectus Luxembourg Prospectus: Distribution Shares: Shares which distribute their income. Shares Distribution Shares: request and is also available on the internet site www.schroders.lu. request markets. A list of non-Dealing Days for the Fund is available from the Singapore Representative on Representative the Singapore markets. A list of non-Dealing Days for the Fund is available from which invest a substantial amount of their portfolio on these closed stock exchanges and/or regulated stock exchanges and/or regulated these closed on their portfolio amount of substantial invest a which settlement, and may elect to treat such closures as non-Dealing Days for sub-funds of the Company into account whether relevant local stock exchanges and/or regulated markets are open for trading and markets are local stock exchanges and/or regulated into account whether relevant calculation of the net asset value per Share of the Fund. The Management Company may also take also may Company Management The Fund. the of Share per value asset net the of calculation Prospectus, Prospectus, a Dealing Day is a Business Day which does not fall within a period of suspension of Dealing Day: unless otherwise provided in the Fund’s details in Appendix III of the Luxembourg Class: a class of Shares with a specific fee structure. Class: a class of Shares Christmas Eve, Christmas Day and the day following Christmas Day Prospectus, Prospectus, a Business Day is a week day other than Good Day, New Easter Friday, Year’s Monday, Business Day: unless otherwise provided in the Fund’s details in Appendix III of the Luxembourg price of the Shares. Accumulation Shares: Shares which accumulate their net income so that the income is included in the which accumulate their net Shares Accumulation Shares: @ denotes a Distribution Class with variable dividends. @ denotes a Distribution Class with variable

# denotes a Distribution Class with fixed dividends. # denotes a Distribution Class with fixed