Aoris International Fund Active ETF (Class D) (Hedged) is an actively managed exchange traded fund focused on global equities. Its primary objective is to deliver annualised returns that surpass its designated benchmark after accounting for all management and performance fees, measured over a market cycle of approximately seven years. The fund employs a currency hedging strategy, aiming to minimise the impact of foreign exchange fluctuations on investor returns. Key features include a management fee of 1.15% per annum, coupled with a performance fee of 15% on outperformance relative to its benchmark, after other fees and expenses are deducted and any past underperformance is recovered. The portfolio is diversified across major global markets and sectors, with an emphasis on high-conviction equity investments. As an active ETF, it provides transparent pricing, liquidity, and the convenience of on-market execution during trading hours. Aoris International Fund Active ETF (Class D) (Hedged) plays a notable role in providing Australian investors with regulated access to international equities, while its hedged structure is designed to reduce volatility linked to currency movements. It distributes realised income rather than dividends, reflecting its structure as a managed fund investing primarily outside Australia.