*Mondrian Investment Partners Limited (the “Advisor”) has contractually agreed to waive fees and reimburse expenses to the extent necessary to keep Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses and non-routine expenses) from exceeding 0.95% of the Fund’s average daily net assets until February 28, 2021.
The Fund’s universe is considered to be securities of companies that:
(a) Derive the majority of their revenues from infrastructure activities
(b) Have sufficient liquidity
(c) Provide adequate investor protection and good repatriation procedures
Detailed screening of this universe is used to concentrate our research efforts on the most promising potential investments.