First World Equity Feeder Fund

This is a rand-denominated portfolio offering access to the Marriott First World Equity Fund without requiring the Investor to obtain permission from the South African Reserve Bank or the South African Revenue Service to transfer the funds offshore. The Investor will invest and disinvest Rands as opposed to foreign currency.

The Marriott First World Equity Feeder Fund invests exclusively in the Marriott First World Equity Fund. The fund is a class of shares in an open-ended investment company listed on the Irish Stock Exchange and is regulated by the Irish Financial Services Regulatory Authority.