ITEM 7: TYPES OF CLIENTS
Comgest US is primarily responsible for developing relationships with institutional clients and
investors for CAMIL’s advisory services. CAMIL provides investment management services to a
selection of UCITS equity funds, which include global and regional strategies covering Asia, Asia
Pacific excluding Japan, Emerging Markets, Emerging Markets ex China, Global, Global ex U.S.,
Pan-Europe, China, India, Japan and the United States of America. In addition, CAMIL also provides
certain of the above strategies to clients via U.S. private funds, U.S. collective investment trusts
and separately managed accounts.
The minimum amounts required for investment in the UCITS V funds are typically $750,000 for
entry into an institutional class, $50 for entry into a standard class and $10 for share classes where
no fee is stated in the prospectus but for which an investor fee agreement must be entered into. The
Offering Document includes other institutional classes with a higher minimum amount required for
investment. The directors of the fund may from time to time exercise their discretion, as permissible
under the prospectus of the relevant fund in order to waive the minimum initial investment
amounts and minimum holding amounts, if any, for subscribing to or remaining in a fund.
The minimum amounts required for investment in the US private funds and collective investment
trusts are typically $1,000,000 for entry into an institutional share class. For classes where no fee
is stated in the Offering Document, the minimum amount required for investment together with the
investment management fee is agreed between the investor and CAMIL. The manager of the US
private fund or the trustee of the collective investment trust may from time to time exercise their
discretion, as permissible under the Offering Document of the relevant fund in order to waive the
minimum initial investment amounts for subscribing to a fund.
The minimum annual fee required by CAMIL for a separately managed account is generally
$350,000 per annum to $1,000,000 per annum depending on the strategy. CAMIL may elect to
accept smaller accounts at its sole discretion.