Zurich Managed AP - The Financial Express

1 We've written this fund factsheet assuming you have some experience of investing. This means that althoughwe have tried to write as much as possible in plain language, we may have used certain words or phrases thatmight not be familiar to you, particularly if you are new to investing. Its purpose is to help you understandhow the fund is invested and performing. You should not use it on its own for making investment is not an offer to buy or sell any investments or shares. If there's something you don't understand, pleasecontact your adviser. If you don't have an adviser, please call us, we can help you find one near Managed APOctober 2018 Zurich fund information(as at 30/09/2018)Launch date01/05/1971 Buy price / sell / size ( m) (as at 28/09/2018)ABI SectorMixed Investment 40-85% SharesFund Charges* codes London Stock Exchange, reproduced under licenseMex IDADPMAISIN codeGB0004061817 Crown ratingTop holdings(as at 28/09/2018)**ROYAL DUTCH SHELL PLC B SHSCOMMON STOCK INVEST US EQUITY TREASURY BILL GBP BILLS 10 PLC COMMONSTOCK PLC COMMON AMERICAN TOBACCO PLCCOMMON STOCK PLC COMMON PLC COMMON PLC COMMON PLC COMMON * This figure includes the charges and expensesthat are deducted from the fund and arereflected in the unit price.

2 Other charges whichreduce the number of units you hold may further information please refer to yourproduct Terms and Conditions.** Zurich sources its funds data from Financial Express . The date shown reflects thelast available regional, sector and asset breakdown data provided by the fund'sadministrator to Financial Express . The timeliness of this data is affected by the speedand regularity of their publication by the fund objectiveTo achieve medium to long term capital growth by investing in a spread of investments bothby asset type and by economy (primarily the UK but also globally). The equity and propertyelements of the fund are invested via Zurich Assurance Ltd Pension funds with the balanceinvested in gilts, deposits, money market instruments and other fixed interest investments toprovide liquidity, security and featuresThis fund invests in assets which have the potential to produce above average longer termreturns. Over some periods of time there can be sharp falls, as well as rises, in the value ofyour fund is Managed by Threadneedle Asset Management Limited.

3 Other fund managersmanage components of the fund, the most significant being BlackRock with typically 15 to20 percent of the fund's assets held in their passive Managed unit split 1 (as at 28/09/2018)**UK American Pacific Fixed Fixed International Managed APOctober 2018 Things you need to knowWe've based this information on our currentunderstanding of law and practice. We make everyeffort to ensure that this information is helpful,accurate and correct but it may change or may notapply to your personal circumstances. Beforetaking any action you should always check with anappropriate adviser, as we cannot acceptresponsibility for any action taken on the basis ofthis information funds carry some risk and you should considerthese risks before making an investment value of investments and any income fromthem can fall as well as rise and will be reduced inreal terms by the effects of inflation.

4 The mainfactors which may increase the risk of this fundinclude:- the amount held in overseas assets,- any concentration in specific areas or sectors,- the amount invested in property or propertyshares,- the use of derivatives and other instruments withthe aim of generating charges which reduce the number of unitsyou hold may apply. For further information pleaserefer to your product Terms and a more detailed explanation and other usefulinformation about investments, please refer to ourguide -"Making investments clearer - a guide foryou", which can be found at 241 fund performance (as at 30/09/2018)6 mths1 year3 years5 years10 years% fund performance (as at 30/09/2018)30/09/2013 -30/09/201430/09/2014 -30/09/201530/09/2015 -30/09/201630/09/2016 -30/09/201730/09/2017 -30/09/2018% fund performance(as at 30/09/2018)3 year statistical fund data(as at 30/09/2018)Monthly 3 month 3 month performance of ABI primary fund* (as at 30/09/2018)30/09/2013 -30/09/201430/09/2014 -30/09/201530/09/2015 -30/09/201630/09/2016 -30/09/201730/09/2017 -30/09/2018% *This data shows the performance of the primary unit series for the primary unit series is the series of the fund that applies to most of ABI primary fund (over 5 years to 30/09/2018)

5 -5 0 5 10 15 20 25 30 35 40 45 50 55 60 Oct 13 Apr 14 OctApr 15 OctApr 16 OctApr 17 OctApr 1830/09/2013 - 28/09/2018 Powered by data from FEPrimary fund for Zurich ManagedMixed Investment 40-85% SharesSource: Financial Express as at 30/09/2018. You shouldn't use past performance as a suggestionof future performance. It shouldn't be the main or sole reason for making an investmentdecision. The value of investments and any income from them can fall as well as rise and willbe reduced in real terms by the effects of inflation. You may not get back the amount youinvested. HM Revenue and Customs (HMRC) practice and law are complex. Tax concessionsare not guaranteed, their value will depend on individual circumstances and may change inthe performance data is based on a selling price basis and doesn't take into account fees andexpenses which are specific to individual plans. Details are available on Assurance Ltd.

6 Registered in England and Wales under company number 02456671. Registered office: The Grange,Bishops Cleeve, Cheltenham, GL52 may record or monitor calls to improve our service.