A major reason that Newton is able to deliver strong performance is that we have successfully combined a bottom-up stock selection process within a clear global thematic framework. Themes are Newton's interpretation of the major forces of global change, which results in a flexible approach to identifying areas likely to yield the best performing securities.

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We have a great performance story to tell U.S. institutional investors, we have hired a very high caliber professional to build our relationships and we intend to provide a genuine alternative to those seeking a different, yet highly effective, investment style.

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