Barings Eastern Europe Fund

For sub-funds or schemes authorised by the Central Bank of Ireland and not authorised by the UK's Financial Conduct Authority, UK investors should note that the sub-fund is not covered by the UK Financial Ombudsman or the UK Financial Services Compensation scheme. UK Retail investors in the sub-fund have a right to access the alternative dispute resolution scheme in Ireland if they feel their complaint has not been dealt with to their satisfaction. However, UK investors will not have a right to access a compensation scheme in Ireland if either the Sub-Fund’s management company or the depositary should become unable to meet its liabilities to investors. Investors should consider obtaining financial advice and review the Prospectus and Supplement before investing.

Notification of Fund Suspension
The calculation of Net Asset Value and dealings in the Barings Eastern Europe Fund are currently suspended.

As of 1 March 2022, Baring International Fund Managers (Ireland) Limited made the decision to temporarily suspend the calculation of the Net Asset Value and dealings in the Barings Eastern Europe Fund “the Fund” until further notice. This decision has been made with the agreement of the Fund’s Depositary, to protect the interest of Unitholders.

For further information, please refer to the documents below:

• Investor Letter
• Frequently Asked Questions

In light of the exceptional and adverse market conditions relating to the current situation in Russia and Ukraine, we are seeking a side pocket solution to segregate illiquid assets, in line with the Central Bank of Ireland’s guidelines (which is also subject to relevant regulatory approval and investor vote). Based on this approach, the remaining liquid assets, will be transferred from the suspended fund to a new fund whilst the original fund will continue to hold illiquid assets. Our intention is to liquidate the original fund and distribute proceeds upon the re-establishment of a market mechanism. The new fund will be actively managed and priced daily.

We believe the above arrangements are in the best interests of all unitholders, giving unitholders access to the liquid assets which are currently suspended from trading.

Please click here for further information on the side pocket arrangement

Objective

The investment objective of the Fund is to achieve long-term capital appreciation through investment in a diversified portfolio of securities of issuers located in or with a significant exposure to the emerging markets of Europe.

Strategy

The Fund will seek to achieve its investment objective by identifying investment opportunities through a differentiated and innovative investment process using fundamental, bottom-up analysis.

Who Should Invest

The Fund is designed for investors seeking a strategy that targets long-term capital growth by investing primarily in emerging European equities.

Risks

The value of investments can fall as well as rise and investors may not get back the amount originally invested. Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries. Changes in exchange rates between the currency of the Fund and the currencies in which the assets of the Fund are valued may also affect the value of the Fund. The Fund may also use derivatives for investment purposes. These are complex instruments that carry the risk of causing increased volatility in the value of the Fund.