The Discovery Global Real Estate Securities Feeder Fund offers a unique combination of yield and growth to deliver risk-adjusted returns; a critical component of any balanced portfolio. The Discovery Global Real Estate Securities Feeder Fund aims to achieve long-term growth. This fund will consist solely of participatory interests in the Global Real Estate Securities Fund a sub-fund of the Investec Global Strategy Fund. The underlying portfolio will invest primarily in a diversified portfolio comprising securities of real estate and real estaterelated issuers. The fund aims to achieve its investment objective by investing directly in equities, other transferable securities (e.g. close-ended Real Estate Investment Trusts) and fixed income securities (cash, cash equivalents and debt).The fund however can also invest in financial instruments and other collective investment schemes. In a changing economic environment or changing market conditions, the investment manager may vary the ratio of securities, to maximise capital growth and investment potential.