Important Information

US Large Cap Alpha

Investment Objective
Schroders' US Large Cap Alpha strategy aims to outperform the S&P 500 Index over a full market cycle (typically 3 – 5 years).

Key Features
Concentrated portfolio of highest conviction ideas Bottom-up stock selection the primary source of added value Focus on companies with improving cash flow (which is being returned, or expected to be returned to shareholders) and rising return on capital Rigorous risk management

Investment Options
Separate Accounts* and institutional-type vehicles*

*	These strategies are subject to the ability to meet investment minimums. Some strategies may be offered only in offshore, private placement and/or discretionary accounts.

	Investment Risks: All investments involve risks including the risk of possible loss of principal. The market value of the portfolio may decline as a result of a number of factors, including adverse economic and market conditions, prospects of stocks in the portfolio, changing interest rates, and real or perceived adverse competitive industry conditions.

Schroder Investment Management North America Inc. ("SIMNA, Inc.") is an investment advisor registered with the U.S. SEC. It provides asset management products and services to clients in the U.S. and Canada including Schroder Capital Funds (Delaware), Schroder Series Trust and Schroder Global Series Trust, investment companies registered with the SEC (the "Schroder Funds"). Shares of the Schroder Funds are distributed by Schroder Fund Advisors Inc., a member of the FINRA. SIMNA, Inc. and Schroder Fund Advisors Inc. are indirect, wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange. Schroder Investment Management Ltd. is the UK based investment subsidiary of Schroders plc.