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All investments risk the loss of capital. The value of investments may go down as well as up and, for products designed to return income, the distributions can also go down or up and you may not receive back the full value of your initial investment. Past performance is not a reliable indicator of future results, and no representation or guarantee is made that the fund will achieve its investment objectives.

This website and its contents are intended for informational purposes only and do not constitute investment advice, a recommendation, or an offer to buy or sell the fund. The information does not take into account your individual circumstances or objectives. You should seek independent financial advice before making any investment decision.

This website is intended exclusively for individuals residing in the specified jurisdiction who meet the criteria for Professional Investors.

A professional investor includes someone with the experience and expertise to make informed investment decisions. This includes:

Per se professional clients (regulated firms, large companies, pension funds, public authorities) Elective professional clients: individuals or firms that opt‑in and meet both knowledge/experience and financial criteria.

The content is not intended for access or use by any person or entity in a country or jurisdiction where such access or use would be unlawful, or where it would impose a legal obligation on the Firm to undertake any filing, registration, or reporting.

This website is intended exclusively for individuals residing in the specified jurisdiction who meet the criteria for Institutional Investors.

An Institutional Investor is a large, sophisticated organisation that invests capital on its own behalf or on behalf of clients or members. These entities typically include pension funds, insurance companies, investment firms, banks, endowments, and collective investment schemes. Under UK MiFID rules, institutional investors are recognised for their scale, expertise, and ability to manage complex investment strategies. As such, they are considered capable of operating with limited regulatory protections.
The content is not intended for access or use by any person or entity in a country or jurisdiction where such access or use would be unlawful, or where it would impose a legal obligation on the Firm to undertake any filing, registration, or reporting.

All investments risk the loss of capital. The value of investments may go down as well as up and, for products designed to return income, the distributions can also go down or up and you may not receive back the full value of your initial investment. No guarantee or representation is made that the funds will achieve their investment objective. The material on this site does not constitute legal, tax, or advice on investments. If you are unsure about whether a fund meets your requirements, then you should seek professional financial advice before investing. This information is not directed at any US person or any person in the US and the information does not constitute an offer or solicitation to buy or sell shares or units in any Stonehage Fleming fund to any US person or to any person in the US.

The following pages contain information on collective investment schemes (both local and foreign) that have been approved by the Financial Sector Conduct Authority (FSCA) for distribution in South Africa, in accordance with the Collective Investment Schemes Control Act, No 45 of 2002 (“CISCA”). The information and materials have been prepared for information purposes only and do not constitute a personal recommendation or advice or a solicitation to buy any product or service. They do not take into account the financial circumstances, needs or objectives of the recipient. In addition to the information provided, you may wish to consult an independent professional adviser.

This Website may include links or references to external websites. Stonehage Fleming has not reviewed these external sites and accepts no responsibility for their content. Such links, including those to the Firm’s own materials, are provided solely for your convenience and informational purposes. Accessing any external site is at your own risk. Stonehage Fleming does not endorse, sponsor, or affiliate with any third-party websites, their owners, or providers, and makes no representations regarding the accuracy, suitability, or reliability of any information, software, or products found there.

Prandhana Naidu

Director

Senior Equity Research Analyst

Pran is a Senior Equity Research Analyst within the Equity Management team, specialising in in-depth, bottom up company research. She covers multiple companies across all sectors under the single global quality equity mandate.

She joined the group in 2024, from Melville Douglas Investment Management, where she was a Senior Global Equity Analyst and Co-Fund Manager of their global equity fund. Pran has demonstrated throughout her career her ability to add value through high-quality company and industry research.

She holds a Bachelor of Business Science (Hons) in Finance from the University of Cape Town and is a Chartered Financial Analyst (CFA) charterholder.

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