1The performance shown for the fund is simulated past performance derived from the historic NAV performance of the respective fund’s B USD (which already reflects the actual performance fee that applied to that share class historically), up until 12 February 2026. The returns have been adjusted to reflect the different annual management charge of 0.55% for the I share class. For the avoidance of doubt, the performance fee has not been recalculated on the simulated I-class NAV path, and outcomes may have differed if the I share class had existed historically.
2The estimated performance has been calculated based on the performance of the respective A GBP share class, up until 5th September 2023. As from 18th January 2024, the estimated performance is again based on the performance of the respective A GBP share class. Additionally, the fund started receiving live prices from 29th February onwards.
3The estimated performance has been calculated based on the performance of the respective A share class, up until 12th November 2024 (adjusted to approximate the effect of fee differentials).
4The estimated performance has been calculated based on the performance of the respective B share class up until 21st October 2020 (adjusted to approximate the effect of fee differentials).
5Performance prior to 12th February 2026 reflects the historical performance of the B share class, which is used as a representative share class, as they have the same annual management charge (1.75%). The Z share class is subject to a contingent deferred sales charge (CDSC) payable on redemption: 5% within 1 year of subscription, 4% after 1 year but within 2 years, 3% after 2 years but within 3 years, 2% after 3 years but within 4 years, 1% after 4 years but within 5 years, and 0% thereafter. This charge is not reflected in the performance figures shown. Investors should read the Prospectus and Key Information Document before making an investment decision.
6The estimated performance has been calculated based on the performance of the respective B share class up until 13th November 2020 (adjusted to approximate the effect of fee differentials).
7The estimated performance has been calculated based on the performance of the respective A share class, up until 16th October 2025 (adjusted to approximate the effect of fee differentials).
8Performance prior to 15th February 2023 reflects the historical performance of the B share class, which is used as a representative share class, as they have the same annual management charge (1.75%). The Z share class is subject to a contingent deferred sales charge (CDSC) payable on redemption: 5% within 1 year of subscription, 4% after 1 year but within 2 years, 3% after 2 years but within 3 years, 2% after 3 years but within 4 years, 1% after 4 years but within 5 years, and 0% thereafter. This charge is not reflected in the performance figures shown. Investors should read the Prospectus and Key Information Document before making an investment decision.
9The performance shown for VAM US Small Cap Growth Fund A GBP is simulated past performance derived from the historic NAV performance of VAM US Small Cap Growth Fund A USD, converted into GBP, up until 20th March 2026 (the launch date of the A GBP share class).
10The performance shown for the VAM US Micro Cap Growth Fund, VAM US Small Cap Growth Fund and Alquity WCM World Growth Fund (I GBP) is simulated past performance derived from the historic NAV performance of their respective I USD share class, converted into GBP, up until 13th April 2026 (the launch date of the I GBP share class).
Note: I USD performance prior to its launch (12 February 2026) is simulated based on the historic NAV of the B USD share class (including applicable performance fees), adjusted for the I share class fee structure.
As from 1st March 2023, atomos took over the management of the VAM Cautious, Balanced and Growth Funds. atomos is the trading name of Atomos Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Atomos Investments Limited is registered in England and Wales, No: 2041819. Registered office: 2nd Floor, 5 Hatfields (alto), London SE1 9PG.
Previously, the Fund was managed by Close Brothers Asset Management from 22nd July 2015. On 23rd April 2019, management was transferred to Sanlam Private Wealth, which was rebranded as atomos on 21st September 2022.
As from 12th February 2026, Oberweis Asset Management, Inc. took over the management of the VAM US Micro and Small Cap Growth Funds which were previously managed by Driehaus Capital Management LLC.
As from 12th February 2026, WCM Investment Management, LLC took over the management of the Alquity WCM World Growth Fund which was previously managed by Driehaus Capital Management LLC.
Hypothetical performance is not necessarily indicative of future performance. The simulated performance does not represent the actual past performance of an investable share class and is provided for illustrative purposes only. Past investment performance is not an indicator of future returns and independent analysis must be conducted before investing.
This is not an offer to purchase shares, which may only be bought under the terms of the prospectus. The value of shares may go down as well as up. Changes in the rate of currency exchange may cause the value of the investment to go down or up. Past performance does not predict future returns.