TRG Emerging & Frontier Equities Fund

The TRG Emerging & Frontier Equities Fund (“TRG EFEF”) seeks to achieve superior absolute USD returns over a market cycle by investing in 25-35 high-conviction, publicly traded equities in beyond BRIC emerging and frontier markets.1

1 Investment objectives allow TRG to differentiate amongst investments with varying risk and return characteristics, and as such, represent an integral part of TRG’s investment philosophy and process. No assurances can be made that investment objectives will be achieved.