Orbis House,
25 Front Street,
Hamilton HM 11,
Bermuda

Tel: 441 296 3000
Fax: 441 296 3001
Email: clientservice@orbis.com
BSX Ticker: ORBOPTU.BH
BSX Currency: USD
ISIN: BMG6768M1038
SEDOL: B0707D4
FIGI: BBG000QS4763
CFI code: CIOIXX

Website: www.orbis.com

The Fund seeks capital appreciation on a low risk global portfolio and is offered in a choice of U.S. dollars or euro.  The Fund invests principally in a focused portfolio of selected global equities believed to offer superior relative value and employs stockmarket hedging to reduce risk of loss.

The Fund offers US$ Standard Class shares and US$ Fixed Fee Class shares in U.S. dollars and Euro Standard Class shares and Euro Fixed Fee Class shares in euro.

The Fund is designed for investors seeking capital appreciation on a low risk global investment portfolio.  The Fund's returns are intended to be largely independent of the returns of major asset classes such as cash, equities and bonds.

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