How to invest

At present, there are only minimum investments in relation to the USD Institutional and GBP Institutional share classes.

No, for regulatory reasons, we can’t offer advice; we can only provide factual information.

As part of its legal obligations, the Fund must undertake certain checks to verify your identity before it can accept investment. These checks are undertaken on the Fund’s behalf by Apex Fund Services (Ireland) Limited (“Apex”).   The Fund’s Application Form may ask that proof(s) of your identification (such as your passport) and proof(s) of your residence (such as a utility bill dated within the last three months).   This requires photocopies being taken of the original document (eg original passport, original utility bill) and then a certifier (please see below for list of suitable certifiers) compares the copies to the original and writes on the copies When someone is certifying a copy of a proof of your residential address: I certify that this is a copy of the original document – as seen by me Name Date Position Contact number and email When they are certifying a copy of your passport or other proof of ID: I certify that this a copy of the original document – as seen by me – and is a true likeness of the individual Name Date Position Contact number and email

Apex will issue you with a six-digit account number. This number, preceded by the letters ‘RG’ will be your password to open any statements or contract notes sent to you by Apex.

Apex can review your completed Application Form and verification of identity documents on the basis of pdf being sent to apexta@apexgroup.com Apex can confirm that your account is open on the successful review. However, it is Apex’s policy to require investors to subsequently post the original (“wet ink”) Application Form and, in the case of investors from high risk jurisdictions such as South Africa, the original/wet ink versions of their certified verification documents. In the future, should you wish to withdraw money from the Fund, Apex will not pay out such redemption monies until it is first in receipt of the wet ink Application Form.

The Fund currently accepts investments in three currency classes: USD, GBP, EUR The bank account details are on page 3 of the Application Form. The Fund’s bank accounts are maintained in Paris by the French bank, Société Générale. Therefore, if you are making payment from an account outside of France, you will need to select on your banking app/online banking that you are making an international payment. It will then allow you to enter the relevant IBAN as detailed on page 3 of the Application Form. If your bank asks for the country of destination, it is France and the beneficiary is Ranmore Global Equity Fund plc. Please specify the correct currency in which you wish to make payment (eg, if you are subscribing to a GBP share class, please select GBP), otherwise your bank may see that you are making a payment to France and convert your payment into EUR.

Apex is the Fund’s Administrator. It has two roles: ·       To calculate the value of the Fund each day ·       To manage investor account openings and subsequent subscriptions and redemptions

Platforms offer another method to invest in the Fund. For some investors, they offer some advantages versus investing directly: ·       Administrative – when you invest directly, you are required to complete an Application Form and to provide certain documents which verify your identity. When they invest via a platform, it is the platform or the platform’s distribution partner which opens an account with the Fund. ·       Tax – for some investors, particularly in the UK, through platforms they can invest via tax-efficient wrappers such as ISAs or SIPPs, which are not available when investing directly. ·       Simplicity – some investors wish to invest across a range of funds and/or shares. Platforms can offer access to these, which can then be viewed in one account. Platforms typically charge a fee for custody of your assets.

The Fund is an Irish company. Non-Irish investors in the Fund are not subject to Irish tax on their investment.

No. All the Fund’s share classes are accumulation share classes. This means any dividend income the Fund receives will be not paid out to investors, but will be rolled-up into the value of their investments. However, UK resident investors may need to account to HMRC for the deemed income they receive. Please refer to the Reported Income statements on the website for further information.

For those who invest directly, they will receive a monthly statement which shows the value of their investment as at the most recent month-end. They will also be given a login to the Apex Connect portal to enable 24/7 access to their holdings and previous deals. For those who invest via platforms, the value of your investment will typically be updated daily. The prices of the Fund’s share classes are published daily on www.morningstar.co.uk