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Source: Citywire UK, announced in April 2023. Best Portfolio Manager Awards go to the individual portfolio manager generating the highest risk-adjusted returns in a particular sector over the past three years to 31 January 2023 in the United Kingdom. These are based on the individual track records for all funds they have run in the sector over this period. For details, please visit https://citywire.com/wealth-manager/news/citywire-uk-awards-2023-the-portfolio-manager-winners-revealed/a2414822. Last accessed 30 April 2023

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Investment involves risks. Past performance is not indicative of future performance. Investors should refer to the offering documents for details, including risk factors. This material is issued by PineBridge Investments Asia Limited, a company incorporated in Bermuda with limited liability, and has not been reviewed by the Securities and Futures Commission in Hong Kong.

This marketing document relates to PineBridge Global Funds (the “Fund”) and its Sub-Fund PineBridge Global Focus Equity Fund (the “Sub-Fund”). The Fund is an open-ended umbrella unit trust with segregated liability between sub-funds established and authorised in Ireland as an undertaking for collective investment in transferable securities (UCITS) pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011) as amended and authorised by the Central Bank of Ireland.

Material change to the Sub-Fund: From inception, the benchmark of the Sub-Fund was the MSCI All Country World Daily Total Return Net Index. On 1 March 2011, the benchmark of the Sub-Fund was changed to MSCI World Index Daily Total Return Net Index. Such change was made because such benchmark was considered more reflective of the Sub-Fund`s investment strategy and it had become the industry standard for the relevant exposure. From 10 February 2014 to 26 October 2016, the benchmark of the Sub-Fund was changed to the MSCI All Country World Index (ACWI) as it was more reflective of the Sub-Fund''s investment strategy and country allocation and in particular, it includes exposure to emerging markets. With effect from 27 October 2016, the benchmark of the Sub-Fund was changed to MSCI All Country World Index (ACWI) Daily Total Return Net because the Investment Managers of the Sub-Fund reasonably consider that such benchmark is more reflective of the Sub-Fund’s investment strategy than the previous benchmark. On 19 February 2013, PineBridge Investments Europe Limited was appointed as co-investment manager to manage the Sub-Fund in tandem with the existing investment manager, PineBridge Investments LLC.

The PineBridge Global Focus Equity Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland. The inception date of the Fund is 7 January 1999, with the current portfolio manager commencing on 1 January 2016. The benchmark for the Fund is the MSCI All Country World Index (ACWI). Diversification does not ensure against loss in any market. Benchmarks are used for illustrative purposes only, and any such references should not be understood to mean there would necessarily be a correlation between investment returns of any investment and any benchmark. Turnover is calculated as lesser of purchases or sales divided by average AUM. Information shown reflects a partial time period which identifies the tenure of the current investment management team on the portfolio.

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Important Benchmark Information

The Sub-Fund is actively managed, seeking to deliver excess returns over the Sub-Fund’s benchmark. The holdings may or may not be components of the benchmark and the Investment Manager has broad discretion to deviate from the benchmark securities, weightings and risk characteristics. The degree to which the Sub-Fund resembles the composition and risk characteristics of the benchmark is not a specifically targeted outcome and could vary over time, and the Sub-Fund’s performance may be meaningfully different from the Sub-Fund’s benchmark.

Key Risks

Potential Investors should consider the following key risks before investing in the Sub-Fund:

Equity Risk: The value of shares and securities related to shares may fall due to issuer related issues, financial market dynamics and world events including economic and political changes.

Market Volatility Risk: All types of investments and all markets are subject to market volatility based on prevailing economic conditions. Price trends are determined mainly by financial market trends and by the economic development of the issuers, who are themselves affected by the overall situation of the global economy and by the economic and political conditions prevailing in each country. As securities may fluctuate in price, the value of your investment may go up and down.

Investment Loss Risk: Investments may decline in value and investors should be prepared to sustain a total loss of their investment.

FDI Risk: The prices of FDI can be highly volatile. In addition, the use of FDI also involves certain special risks depending on the type of FDI, including but not limited to correlation risk, counterparty credit risk, legal risk, settlement risk, margin risk, as well as other possible risks that may arise.

Country Selection Risk: A portfolio’s performance is often derived from its allocations to certain countries. These allocations may present greater opportunities and potential for capital appreciation, but may subject the fund to higher risks of loss.

Emerging Market Risk: Emerging markets are typically smaller, less transparent and subject to evolving, less stable political and regulatory regimes.

The risk factors described above should not be considered an exhaustive list of risks, which potential investors should consider before investing in the Sub-Fund. For more details on the fund’s potential risks please read the Prospectus and Key Investor Information Document at pinebridge.com/funds

The PineBridge Global Focus Equity Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland. The inception date of the Fund is 7 January 1999, with the current portfolio manager commencing on 1 January 2016. The benchmark for the Fund is the MSCI All Country World Index (ACWI). Diversification does not ensure against loss in any market. Benchmarks are used for illustrative purposes only, and any such references should not be understood to mean there would necessarily be a correlation between investment returns of any investment and any benchmark. Turnover is calculated as lesser of purchases or sales divided by average AUM. Information shown reflects a partial time period which identifies the tenure of the current investment management team on the portfolio.