Past performance is not a guide to future performance and may not be repeated.
The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall.
Emerging markets generally carry greater political, legal, counterparty and operational risk.
1Source: IMF as at end December 17. 2 Source: Factset, MSCI as at end of December 2017. 3Source: Bank of America Merrill Lynch Global Research, December 2016 4 MSCI AC World. Source Factset, MSCI as at end December 2017 5Bloomberg Barclays Global Aggregate. Source: FIA as at end December 2017
*Source: Schroders as at 30 September 2019
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