June 26, 2020

Barings Coronavirus Statement

Barings has taken proactive steps around COVID-19 to address the potential impacts on our people, clients, communities and everyone we come in contact with, directly or through our premises.

Having performed stress-testing on our systems and processes, Barings is operating a remote and flexible working model across the U.S, Europe, Asia and Australia, while maintaining service and responsiveness to partners and clients. Barings’ Cyber Security policies are applied consistently when working remotely or in the office.

Our Crisis Management Team and Return to the Office Task Force consisting of the Executive Leadership Team and other leaders across Barings ensures that we anticipate and prepare for all scenarios, including a seamless return to our offices. We continue to evaluate the situation based on World Health Organization (WHO), Centers for Disease Control (CDC) and local government updates and will take further measures as warranted.

We have been in continuous communication with our employees and have been maintaining client communications throughout this period as we continue to monitor the situation closely. Barings has pledged relief benefitting 34 organizations across 21 communities focused on essential needs and healthcare and patient support. Protecting our employees and supporting the communities in which we live and work is our top priority.

Important Information

The document is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This document is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy, and must not be construed as a projection or prediction.

In making an investment decision, prospective investors must rely on their own examination of the merits and risks involved and before making any investment decision, it is recommended that prospective investors seek independent investment, legal, tax, accounting or other professional advice as appropriate.

Unless otherwise mentioned, the views contained in this document are those of Barings. These views are made in good faith in relation to the facts known at the time of preparation and are subject to change without notice. Individual portfolio management teams may hold different views than the views expressed herein and may make different investment decisions for different clients. Parts of this document may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this document is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the information.

This document is issued in Australia by Barings Australia Pty Ltd.