PGIM Quant Solutions Global Equity Opportunities Fund

The investment objective of the Fund is to provide long term capital appreciation. The Fund seeks to achieve its objective through investments in equity and equity related securities of companies located throughout the world (which are primarily listed or traded on Recognised Markets). The Fund will invest primarily in developed markets and emerging markets across the market capitalization spectrum and will seek to be well diversified, without particular focus on any one industrial sector or geographical location. The term “emerging markets” means countries that are represented in the MSCI Emerging Markets Index and such other countries with similar characteristics as may be determined by the Sub- Investment Manager from time to time. The strategy seeks to achieve its objective by targeting countries, industries, and individual securities as set out below. As such, the strategy utilizes both country and industry analysis and security-specific insights to inform stock selection.