charities We build long-term relationships with charities, established on a foundation of exemplary personal service and professional expertise.

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1 For charities

2 When clients appoint us as their investment manager they expect us to take care of their wealth. For each client this means something different. Our task is first to understand each individual client s financial aspirations and then to strive to meet these in the most suitable manner. This level of individual attention and interaction is increasingly rare, but defines the standard of personal service we aspire to provide to every one of our clients. Quilter Cheviot is an investment management firm created by the 2013 merger of Quilter and Cheviot Asset Management. The merger brings together Quilter s prestigious heritage, which can be traced to 1771, with the dynamic new offering of Cheviot. We are one of the largest independently owned discretionary investment firms in the UK and Jersey, focusing primarily on structuring and managing bespoke portfolios for charities, trusts, pension funds, private clients and intermediaries. We build long-term relationships with charities, established on a foundation of exemplary personal service and professional expertise. Chris Meares Non-Executive Chairman 02 03

3 Working with your charity We provide investment services to a growing number of charities and manage in excess of 1bn*, making us one of the leading charity managers in the UK and Jersey. Our flexible approach allows us to offer bespoke solutions to help a diverse range of great causes. Our investment managers are experts in the charities sector and can advise you on the most appropriate structure for your portfolio. This will help you fulfil your objectives on a consistent basis. As a client, you will have a dedicated charity investment manager with the knowledge and experience to look after your portfolio and you will have direct access to them as well as their team. We recognise that your charity may have to adhere to specific ethical constraints and we can incorporate them into the investment management process. Once the parameters have been agreed we can assist trustees to document them formally in their investment policy statement. In addition, many of our charity investment managers are charitable trustees in their own right - including of our own The Quilter Cheviot Foundation - and therefore we understand the challenges and dilemmas that come with this responsibility. Bespoke Approach A bespoke style is an increasingly rare commodity today. Being independently owned we can take an unbiased approach, enabling us to build portfolios tailored to the specific needs of your organisation. We choose from among the best and most suitable investments to meet your objectives, whether the priority is growth, income or capital preservation. We recognise that you may have relationships with accountants, lawyers and financial advisers. We are used to working with professional intermediaries to help you achieve your objectives and have strong relationships with many of the UK and Jersey s leading firms. 04 *As at 31 March

4 Personal Service Our ethos is centred on personal service. This is demonstrated by the long-standing relationships we have developed with our clients and mirrored by the length of service our investment managers have given to the sector. Your charity investment manager at Quilter Cheviot is supported by a highly skilled and experienced team to provide consistency and assurance for the implementation of your investment policy. Most importantly, we understand you will want to build a relationship with the charity investment manager and the team responsible for looking after your portfolio. As a client, you can expect to speak to and meet them on a regular basis. Meanwhile, our regional office network enables you to communicate with your investment manager at a local level. Investment Philosophy & Process Our aim is to help you fulfil your objectives over the long term and our investment process is central to achieving this goal. By combining the in-depth analysis of our dedicated research teams and the talents of our experienced charity investment managers, we have a truly unique resource at your service. It allows us to generate an investment process that is sufficiently agile to keep ahead of today s constantly changing markets, and flexible enough to incorporate all your investment requirements. Successful investment requires a constantly evolving process to match the dynamic world in which we live. Too often, rigid investment models are applied over and above a client s interests. Therefore, rather than restrict ourselves to any specific approach such as value or growth, we employ a range of styles to adapt to the market cycle; our objective is to identify future trends and formulate an appropriate investment strategy for your portfolio. All key Quilter Cheviot investment committees are chaired by and include amongst their membership individuals with client facing investment management experience. These committees provide guidance that investment managers can utilise to implement investment strategies suitable for the needs of your charity. This gives us the freedom to act in each organisation s best interest rather than being tied into a model. Success comes from investing in good quality assets at the right price. 06 ALAN McINTOSH Chief Investment Strategist DUNCAN GWYTHER Chief Investment Officer 07

5 Financial Security We are regulated by the Financial Conduct Authority (FCA), the Jersey Financial Services Commission, Guernsey Financial Services Commission and the Central Bank of Ireland. The regulatory rules strictly govern the way we hold clients money and investments and the segregation of all client assets from those of the firm. We hold all charity cash in pooled designated accounts with leading clearing banks*, conforming to FCA rules and standard practice among leading investment houses. This means your charity s assets remain the property of the charity. Any securities held in your portfolio are registered in a designated nominee company and overseas assets are held by global custodians. Reporting We provide accurate and clear reporting for your charity on a regular and timely basis. As a client you can elect to receive an investment rationale for each transaction. Investment reports normally comprise a portfolio valuation, performance report, transaction schedule, capital and income statements and commentary on market conditions. In addition we provide a financial year end pack. Our secure internet facility allows you to monitor your investments online whenever you wish. Why Quilter Cheviot? Our aim is to provide you with a truly bespoke solution within a competitive cost structure. Quilter Cheviot has the best online client information systems I have ever seen and the directors and staff have all provided excellent advice and service. Peter Anwyl Executive Director International Students House * Banks are selected based on their investment grade rating as defined by Moody s and S&P 08 09

6 Contact Us Quilter Cheviot St Helen s 1 Undershaft London EC3A 8BB or 90 Long Acre London WC2E 9RA Contact Marketing and Business Development Executives Charities Nadine Dixon e: nadine.dixon@quiltercheviot.com t: +44 (0) Other Quilter Cheviot Offices: Belfast t: +44 (0) Birmingham t: +44 (0) Bristol t: +44 (0) Dublin t: Edinburgh t: +44 (0) Glasgow t: +44 (0) Jersey t: +44 (0) Leicester t: +44 (0) Liverpool t: +44 (0) Manchester t: +44 (0) North Wales t: +44 (0) Salisbury t: +44 (0) quiltercheviot.com Nicola Tuthill e: nicola.tuthill@quiltercheviot.com t: +44 (0) AWARDS 2013 WINNER DISCRETIONARY PORTFOLIO MANAGEMENT Investors should remember that the value of investments, and the income from them, can go down as well as up and that past performance is no guarantee of future returns. You may not recover what you invest. This document is not intended to constitute financial advice; if you are in any doubt as to its contents you should seek independent financial advice. Quilter Cheviot Limited is registered in England with number , registered office at St Helen s, 1 Undershaft, London EC3A 8BB. Quilter Cheviot Limited is a member of the London Stock Exchange, authorised and regulated by the UK Financial Conduct Authority and regulated under the Financial Services (Jersey) Law 1998 by the Jersey Financial Services Commission for the conduct of investment business in Jersey and by the Guernsey Financial Services Commission under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 to carry on investment business in the Bailiwick of Guernsey. Accordingly, in some respects the regulatory system that applies will be different from that of the United Kingdom

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