ASK EMERGING OPPORTUNITIES PORTFOLIO

ASK Emerging Opportunities Portfolio focuses on spotting tomorrow�s leaders by investing in mid sized high growth businesses that are fundamentally strong and poised to become future leaders. The strategy emphasizes companies with robust fundamentals including solid balance sheet, sustainable earnings, strong business quality and unmatched moats supported by technology, brand or network advantage. The investment thesis targets emerging leaders in their growth phase with scalable and sustainable business models, niche sector positioning and proven ability to navigate business cycles and recover from downturns. Stock selection follows a disciplined framework evaluating fundamentals, governance, industry structure, growth prospects, profitability and valuation with a margin of safety. The portfolio is constructed through a combination of top down and bottom up research to identify potential outperformers and long term wealth creators. Portfolio concentration is maintained with up to about 30 stocks and single stock exposure capped near 10 percent while sector exposure is generally limited to around 25 percent or index weight. Sector agnostic. Market cap mid cap focused with approximately 80 percent to 100 percent allocation to mid cap companies and cash up to 20 percent within a diversified portfolio designed to capture high growth mid sized businesses.