We are pleased to count you as a unitholder in the AMUNDI INDEX EQUITY GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP.

Size: px
Start display at page:

Download "We are pleased to count you as a unitholder in the AMUNDI INDEX EQUITY GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP."

Transcription

1 LETTER TO UNITHOLDERS GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA Nature of the operation Merger Date of the operation 8 December 2016 We draw your attention to the fact that should you wish to participate in the merger described below, with effect from 8 December 2016 any questions or disputes relating to your rights and obligations as holder in the AMUNDI INDEX SOLUTIONS SICAV will be subject to the rules and jurisdiction of the Luxembourg courts. Dear Sir/Madam, We are pleased to count you as a unitholder in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP. Name of the FCP GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (I - EUR) GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (I2 - EUR) GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (I2 - GBP) GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (P - EUR) GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (R - EUR) ISIN code FR FR FR FR FR Description of the operation Your management company, Amundi Asset Management, and the board of directors of the Luxembourg SICAV, AMUNDI INDEX SOLUTIONS, have decided that your fund,

2 GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA will be absorbed on 8 December 2016 by the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV. Your GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV have a similar management objective, investment strategy and risk/return profile. The MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund currently exists as a shell and after activation following absorption of the AMUNDI INDEX EQUITY GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP will be managed on the same basis as the latter. Amundi Asset Management and the board of directors of the AMUNDI INDEX SOLUTIONS SICAV believe that it is in the interests of the unitholders and shareholders of the two UCITS to merge these two entities in a single legal structure, in order to simplify the range of UCITS with a similar management style, enhance transparency in the product range and improve efficiency and economies of scale for the benefit of investors. In order to facilitate this merger, unit subscriptions and redemptions in the absorbed fund, GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP, will be suspended from 1 December 2016 at 12:26 pm. This operation has been approved by the Autorité des Marchés Financiers (AMF) as at 27 September Without any further action required on your part, following this operation, you will receive shares in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV (the absorbing fund) in return for your units in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP (the absorbed fund), based on the technical terms of the merger stipulated in the appendix. If, however, you do not accept the terms and conditions of this operation, you may sell your current units or the shares received in exchange at any time and free of charge. Such a redemption would only be subject to the ordinary rules of taxation applicable to capital gains on the sale of transferable securities. Your usual point of contact will be available to explore the solution that would be most adapted to your investor profile. 2. Implications of the operation The main changes to your investment are described below and in the appendix. Change to risk/return profile: Risk/return profile increase: Fee increase: NO NO YES 2

3 Changes to the fee structure The following changes to the fee structure of your fund will take effect on 8 December 2016: - currently the maximum management fees for your FCP are: o 0.25% for I-EUR units; o 0.15% for I2-EUR units; o 0.15% for I2-GBP units; o 0.50% for P-EUR units; o 0.30% for R-EUR units. The GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund has base share classes, with attached sub-classes. The Base Share Class Designations section of the AMUNDI INDEX SOLUTIONS SICAV prospectus only describes the maximum management fees for the base share classes, applicable to all of the SICAV s sub-funds, namely: o 1.40% for I shares; o 1.20% for X shares; o 2.50% for A shares; o 1.50% for R shares; For details of the maximum management fees applicable to the AE, IE, XE, XG and RE share sub-classes in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund absorbing your units, please refer directly to the characteristics of these shares listed on your FCP s webpage: - the maximum subscription fee will be amended from: o 10% currently for I-EUR units to maximum 2.5% for IE (C) shares; o 10% currently for I2-EUR units to maximum 5.0% for XE (C) shares; o 10% currently for I2-GBP units to maximum 5.0% for XG (C) shares; o 10% currently for P-EUR units to maximum 4.5% for AE (C) shares; o 10% currently for R-EUR units to maximum 4.5% for RE (C) shares. - if you request conversion of your shares into a different share category (which is not currently possible in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP), a maximum conversion fee of 1% shall apply; - ongoing charges will be amended from: o 0.32% for I-EUR units to an estimated 0.25% after the merger with the IE (C) share class; o 0.22% for I2-EUR units to an estimated 0.15% after the merger with the XE (C) share class; o 0.36% for R-EUR units to an estimated 0.30% after the merger with the RE (C) share class; The ongoing charges for the P-EUR and the I2-GBP units shall remain unchanged. For the French fund, administration fees are included in ongoing charges. For the Luxembourg sub-fund, they are also included in ongoing charges and detailed separately in the prospectus of the Luxembourg sub-fund. Change in management strategy: Both your GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the GLOBAL MULTI SMART ALLOCATION 3

4 SCIENTIFIC BETA sub-fund aim to replicate the performance of the strategy index, the Scientific Beta Developed Multi-Beta Multi-Strategy ERC (the Strategy Index ). Your GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP has a maximum target tracking error for the change in the net asset value of the fund versus that of the Strategy Index of 2% annualised, whereas this is 1% annualised for the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA subfund. Otherwise, the investment strategies and assets used and described in the prospectuses of the two UCITS are similar. Other changes The minimum initial subscription for P-EUR and R-EUR units in GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA shall be lowered from one unit to a an AE (C) and RE (C) share in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund. The name of the benchmark index, the Scientific Beta Developed Multi-Beta Multi-Strategy ERC, will change and the direct link will no longer appear in the legal documentation of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP. Hence, access to the webpage of the benchmark index, will be removed. The major characteristics of your GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV are detailed in the table in the appendix. As your fund is being absorbed by a SICAV, as of 8 December 2016 you will become a shareholder in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV and will therefore be able to participate and vote in general meetings, with each share having the right to one vote. Please refer to the Key Investor Information Document (KIID) of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP on the webpage: You can directly access the legal documents the Key Investor Information Document (KIID) and the prospectus together with additional information on the characteristics of the shares in the sub-fund of the absorbing SICAV, AMUNDI INDEX SOLUTIONS, via the webpage of your FCP The prospectuses of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the AMUNDI INDEX SOLUTIONS SICAV can be obtained by written request to the appropriate address listed below: Amundi Asset Management Client Services 90, boulevard Pasteur Paris France Amundi Index Solutions c/o Amundi Luxembourg S.A. 5, allée Scheffer L-2520 Luxembourg Grand Duchy of Luxembourg 4

5 However, please remember that if you do not accept the terms and conditions of this operation, you may sell your current units or the shares received in exchange at any time and free of charge. Such a redemption would only be subject to the ordinary rules of taxation applicable to capital gains on the sale of transferable securities. Your usual point of contact will be available to explore the solution that would be most adapted to your investor profile. Thank you for your attention in this matter. Yours faithfully, 5

6 APPENDIX 1) 8 December 2016: Merger by absorption of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP by the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV The following changes will occur as a result of this operation: GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (absorbed) GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA (absorbing) I-EUR unit FR IE (C) share LU I2-EUR unit FR XE(C) share LU ISIN code I2-GBP unit FR XG (C) share LU P-EUR unit FR AE (C) share LU R-EUR unit FR RE (C) share LU Legal form FCP SICAV UCITS with sub-funds No Yes Classification International equities N/A Sub-fund affected by the operation Supervisory authority N/A Autorité des Marchés Financiers (AMF), France I-EUR unit GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA Commission de Surveillance du Secteur Financier (CSSF), Luxembourg 26/02/2015 IE (C) share 08/12/2016 Inception date I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit 26/02/2015 XE(C) share 08/12/ /02/2015 XG (C) share 08/12/ /02/2015 AE (C) share 08/12/ /02/2015 RE (C) share 08/12/2016 Management company Amundi Asset Management Amundi Luxembourg S.A Auditor PWC SELLAM Ernst & Young 6

7 Custodian Valuation agent/ administrator Euroclear admission Business day CACEIS BANK France S.A CACEIS Fund Administration S.A I-EUR unit I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit Admitted Admitted Admitted Admitted Admitted Any full business day when banks are open in France and/or the US CACEIS BANK Luxembourg S.A. (also the registrar, transfer and paying agent) CACEIS BANK Luxembourg S.A. Will be admitted IE (C) share on the day of the merger Will be admitted XE(C) share on the day of the merger Will be admitted XG (C) share on the day of the merger Will be admitted AE (C) share on the day of the merger Will be admitted RE (C) share on the day of the merger Any full business day when banks are open in Luxembourg and/or the US Typical investor profile I-EUR unit I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit All types of investors, particularly legal entities All types of investors, particularly large institutional investors All types of investors, particularly natural persons All subscribers, in particular distribution platform clients located in the UK and the Netherlands The fund is particularly appropriate for investors seeking: long-term capital gains within a diversified portfolio with Smart Beta exposure to equities in developed countries, to replicate the performance of the benchmark index Tracking error 2% annualised 1% annualised Webpage of the index supplier Centralisation deadline Beta-Developed-MBMS-ERC-Index- EUR-NR pm 2.00 pm 7

8 Financial year-end March September I-EUR unit EUR 10,000 IE (C) share Continuous NAV I2-EUR unit EUR 50,000 XE(C) share Continuous NAV Opening NAV I2-GBP unit GBP 40,000 XG (C) share Continuous NAV P-EUR unit EUR 10,000 AE (C) share Continuous NAV Minimum initial subscription Minimum subsequent subscription Maximum subscription fee R-EUR unit I-EUR unit I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit I-EUR unit I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit I-EUR unit I2-EUR unit I2-GBP unit EUR 10,000 RE (C) share 1 unit IE (C) share 1 unit XE(C) share 1 unit XG (C) share 1 unit AE (C) share 1 unit RE (C) share a unit a unit a unit a unit a unit IE (C) share XE(C) share XG (C) share AE (C) share RE (C) share Continuous NAV EUR equivalent of USD 500,000 EUR equivalent of USD 50,000,000 GBP equivalent of USD 50,000,000 10% IE (C) share 2.5% 10% XE(C) share 5% 10% XG (C) share 5% 8

9 P-EUR unit R-EUR unit 10% AE (C) share 4.5% 10% RE (C) share 4.5% Maximum conversion fee Ongoing charges None 1% I-EUR unit 0.32% IE (C) share I2-EUR unit 0.22% XE(C) share I2-GBP unit 0.15% (estimated) XG (C) share P-EUR unit 0.50% (estimated) AE (C) share 0.25% (estimated) 0.15% (estimated) 0.15% (estimated) 0.50% (estimated) R-EUR unit 0.36% RE (C) share 0.30% (estimated) Anti-dilution mechanism Swing pricing* No Yes *A scheme aimed at reducing the impact on the net asset value (NAV) of costs related to substantial changes in portfolios, in particular, as the result of a high number of share subscription or redemption requests. Additional information on this mechanism is available in the section How We Calculate NAV, Swing pricing in the AMUNDI INDEX SOLUTIONS SICAV prospectus. 2) Technical terms of the merger and an example of the exchange ratio We hereby inform you that your management company, Amundi Asset Management, will transfer the assets of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP into the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV, created for this purpose. This operation will be carried out on the basis of the NAV of 7 December The exchange ratio for the merger shall be 1 for 1: in exchange for your units in the AMUNDI INDEX EQUITY GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP you will receive the same number in thousandths of corresponding shares in the AMUNDI INDEX EQUITY GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund. By way of illustration, the exchange ratio of 1 for 1 shall apply as follows: the exchange of one I-EUR unit (FR ) for one IE (C) share (LU ); the exchange of one I2-EUR unit (FR ) for one XE (C) share (LU ); the exchange of one I2-GBP unit (FR ) for one XG (C) share (LU ); 9

10 the exchange of one P-EUR unit (FR ) for one AE (C) share (LU ); the exchange of one R-EUR unit (FR ) for one RE (C) share (LU ). Calculations will be made for your full holding of units in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP. You will be sent a report detailing the number of shares and thousandths of shares you will hold in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV following the merger, to replace your units in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP. 3) Taxation The stated tax regime is that in force on the date of this letter. Retail clients Securities held in an ordinary securities account. This operation is eligible for deferred taxation (Article B of the General Tax Code CGI), if the cash amount received is less than 10% of the exchange value of the securities received. This operation is not therefore immediately subject to taxation. Any realised gain shall not be taxable until the disposal of the shares in AMUNDI INDEX SOLUTIONS received in exchange, and shall correspond to the difference between the transfer price for the units in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the acquisition value of shares in AMUNDI INDEX SOLUTIONS as reduced by any cash amount received. Where it is not possible to take advantage of this tax deferral, any capital gains realised as a result of these exchanges shall be immediately taxable in accordance with the progressive scale of income tax and shall be subject to social contributions of 15.5%. Companies (corporation tax, taxation on industrial, commercial and agricultural profits): This operation is eligible for deferred taxation (Article 38-5a of the General tax Code - CGI) until the subsequent disposal of the securities received in exchange and recorded in assets. However, a distinction must be made between the following cases: the cash amount received is less than 10% of the total and less than the gain realised on exchange: - the realised gain is taxable up to the amount of the cash received; - above this amount, taxation of the gain is deferred; - in the event of fractions, the realised gain on any fraction is taxable. Deferral is obligatory. The securities received shall be recorded in the balance sheet at their actual value, requiring a correction outside of the accounts to avoid taxation of the gain realised upon exchange and included in accounting income. the cash amount received is greater than 10% of the total or the realised gain on exchange: the capital gain is taxable immediately. 4) Operational terms of the AMUNDI INDEX SOLUTIONS SICAV Shares Following the merger described above, you will receive shares in the AMUNDI INDEX SOLUTIONS SICAV in exchange for your units in the GLOBAL 10

11 MULTI SMART ALLOCATION SCIENTIFIC BETA FCP. Shares in the AMUNDI INDEX SOLUTIONS SICAV are only issued in registered form and are recorded in the Shareholder Register without issuance of certificate (uncertificated shares). 1 Conversion of shares As holder in the AMUNDI INDEX SOLUTIONS SICAV, you may request the conversion of your shares into different share classes in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund or in a different sub-fund of the SICAV. The conversion of shares from one class in a sub-fund into s of a different class in the same sub-fund or in a different sub-fund is only authorised if the investor satisfies all the entry conditions stipulated for the share class into which conversion will be made. Transaction deadlines Orders for the purchase, conversion and redemption of shares can be placed with the AMUNDI INDEX SOLUTIONS SICAV or with a distributor. Subscription, redemption and conversion orders must be received before 2.00 pm (Luxembourg time) on a business day when banks are open in Luxembourg and the US. See Transaction deadlines in the Planning your investment section of the fact sheet for the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund in the AMUNDI INDEX SOLUTIONS SICAV prospectus. Orders received in accordance with the terms described above shall be executed on the following business day, as described in the AMUNDI INDEX SOLUTIONS prospectus, based on the net asset value of the business day following the business day on which the order was received and calculated on D+2. Asset valuation rules The valuation rules for the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA fund and the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV are detailed in paragraph VII Asset valuation and accounting rules of your FCP s prospectus and in the section Calculation of the net asset value in the AMUNDI INDEX SOLUTIONS SICAV prospectus, respectively. Investor protection in the event of an error in the net asset value (NAV) calculation French law provides for no specific measures in the event of an error in the NAV calculation. In contrast, Luxembourg law has formal rules for the protection of investors in the event of NAV calculation errors and non-compliance with the investment rules applicable to undertakings for collective investment. 2 These rules can be obtained from the management company of the AMUNDI INDEX SOLUTIONS SICAV. 5) Various The merger report prepared by the auditors of your FCP and the statements relating to the merger issued by the custodians of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP and the AMUNDI INDEX SOLUTIONS SICAV are available from the registered office of the management company of your FCP, Amundi Asset Management. 1 (i) Uncertificated shares Proof of ownership of uncertificated shares depends solely upon an entry in the Shareholder Register. However, a personal account number will be allocated to holders of uncertificated shares. We recommend that investors hold uncertificated shares, for which conversion and redemption instructions can be made by fax or any other electronic means that the SICAV s board of directors may define as required. Additionally, if these instructions are received before 2.00 pm Luxembourg time on a business day (see Transaction deadlines below), these instructions will be executed on the same business day. 2 CSSF Circular 02/77 relating to the protection of investors in the event of NAV calculation errors and correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment. 11

12 As the portfolios of your FCP and the absorbing sub-fund are similar, the merger by absorption of your GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP by the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV will be made via the transfer of your FCP s securities to the portfolio of the absorbing SICAV, without any prior rebalancing of the absorbed fund s portfolio. Any new fees and/or revenue of the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP received or receivable after pm (French time) on 1 December 2016 will be charged/credited to the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA sub-fund of the AMUNDI INDEX SOLUTIONS SICAV. Unitholders in the GLOBAL MULTI SMART ALLOCATION SCIENTIFIC BETA FCP can exercise their rights as shareholders in the absorbing sub-fund from 8 December

13 LETTER TO UNITHOLDERS EUROPE LOW CARBON Nature of the operation Merger Date of the operation 8 December 2016 We draw your attention to the fact that should you wish to participate in the merger described below, with effect from 8 December 2016 any questions or disputes relating to your rights and obligations as holder in the AMUNDI INDEX SOLUTIONS SICAV will be subject to the rules and jurisdiction of the Luxembourg courts. Dear Sir/Madam, We are pleased to count you as a unitholder in the EUROPE LOW CARBON FCP. Name of the FCP EUROPE LOW CARBON EUROPE LOW CARBON (I-EUR) EUROPE LOW CARBON (I2-EUR) EUROPE LOW CARBON (I2-GBP) EUROPE LOW CARBON (P-EUR) EUROPE LOW CARBON (R-EUR) EUROPE LOW CARBON (O-EUR) EUROPE LOW CARBON (I-USD) ISIN code FR FR FR FR FR FR FR Description of the operation Your management company, Amundi Asset Management, and the board of directors of the Luxembourg SICAV, AMUNDI INDEX SOLUTIONS, have decided that your fund,

14 the EUROPE LOW CARBON FCP, will be absorbed on 8 December 2016 by the GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV. Your EUROPE LOW CARBON FCP and the AMUNDI INDEX EQUITY EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV have a similar management objective, investment strategy and risk/return profile. The absorbing sub-fund, EUROPE LOW CARBON, which is currently active, is managed according to the same process as the absorbed fund, the EUROPE LOW CARBON FCP. Amundi Asset Management and the board of directors of the AMUNDI INDEX SOLUTIONS SICAV have decided to merge these two entities into a single legal structure in order to respond to a request made by certain clients and enhance transparency in the product range. In order to facilitate this merger, unit subscriptions and redemptions in the absorbed fund, the EUROPE LOW CARBON FCP, will be suspended from 2 December 2016 at pm. This operation was approved by the Autorité des Marchés Financiers (AMF) as at 21 October Without any further action required on your part, following this operation you will receive shares in the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV (the absorbing fund) in return for your units in the AMUNDI INDEX EQUITY EUROPE LOW CARBON FCP (the absorbed fund), based on the technical terms of the merger stipulated in the appendix. If, however, you do not accept the terms and conditions of this operation, you may sell your current units or the shares received in exchange at any time and free of charge. Such a redemption would only be subject to the ordinary rules of taxation applicable to capital gains on the sale of transferable securities. Your usual point of contact will be available to explore the solution that would be most adapted to your investor profile. 2. Implications of the operation The main changes to your investment are described below and in the appendix. Change to risk/return profile: Risk/return profile increase: Fee increase: NO NO YES Changes to the fee structure The following changes to the fee structure of your fund will take effect on 8 December 2016: - currently the maximum management fees for your FCP are: o 0.18% for I-EUR units; o 0.18% for I-USD units; o 0.15% for I2-GBP units; o 0.15% for I2-EUR units; 2

15 o 0.08% for O-EUR units; o 0.60% for P-EUR units; o 0.23% for R-EUR units. The EUROPE LOW CARBON sub-fund has base share classes, with attached share sub-classes. The Base Share Class Designations section of the AMUNDI INDEX SOLUTIONS SICAV prospectus only describes the maximum management fees for the base share classes, applicable to all of the SICAV s sub-funds, namely: o 1.40% for I shares; o 1.20% for X shares; o 2.50% for A shares; o 0.50% for O shares: o 1.50% for R shares; For details of the maximum management fees applicable to the AE, IE, IU, XG, XE, OE and RE share sub-classes in the EUROPE LOW CARBON sub-fund absorbing your units, please refer directly to the characteristics of these shares listed on your FCP s webpage: - the maximum subscription fee will be amended from: o 10% currently for I-EUR units to maximum 2.5% for IE (C) shares; o 10% currently for I2-EUR units to maximum 5% for XE (C) shares; o 10% currently for I2-GBP units to maximum 5% for XG (C) shares; o 0% currently for P-EUR units to maximum 4.5% for AE (C) shares; o 10% currently for R-EUR units to maximum 4.5% for RE (C) shares; o 10% currently for O-EUR units to maximum 5% for OE (C) shares; o 10% currently for I-USD units to maximum 2.5% for IU (C) shares. - if you request conversion of your shares into a different share category (which is not currently possible in the EUROPE LOW CARBON FCP), a maximum conversion fee of 1% shall apply; - ongoing charges will be amended from: o 0.25% for I-EUR units to an estimated 0.18% after the merger with the IE (C) share class; o 0.19% for I2-EUR units to an estimated 0.15% after the merger with the XE (C) share class; o 0.18% for I2-GBP units to an estimated 0.15% after the merger with the XG (C) share class; o 0.28% for P-EUR units to an estimated 0.60% after the merger with the AE (C) share class; o 0.29% for R-EUR units to an estimated 0.23% after the merger with the RE (C) share class; o 0.20% for O-EUR units to an estimated 0.08% after the merger with the OE (C) share class; o 0.28% for I-USD units to an estimated 0.18% after the merger with the IU (C) share class. For the French fund, administration fees are included in ongoing charges. For the Luxembourg sub-fund, they are also included in ongoing charges and detailed separately in the prospectus of the Luxembourg sub-fund. Change in management strategy: Both your EUROPE LOW CARBON FCP and the AMUNDI INDEX EQUITY EUROPE LOW CARBON sub-fund aim to replicate the performance of the strategy index, the MSCI Europe Low Carbon Leaders (the Strategy Index ). 3

16 Your EUROPE LOW CARBON FCP has a maximum target tracking error for the change in the net asset value of the fund versus that of the Strategy Index of 2% annualised, whereas this is 1% annualised for the EUROPE LOW CARBON sub-fund. Otherwise, the investment strategies and assets used and described in the prospectuses of the two UCITS are similar. Other changes The minimum initial subscription for P-EUR and R-EUR units in the EUROPE LOW CARBON FCP will be lowered from one unit to a an AE (C) and RE (C) share in the EUROPE LOW CARBON sub-fund. As of the date of this letter, the information in the Key Investor Information Document (KIID) of the EUROPE LOW CARBON FCP no longer specifies how securities are filtered based on their carbon intensity and associated fossil fuel reserves. You will continue to find this definition in the prospectus of the absorbing fund on the page for the EUROPE LOW CARBON sub-fund. In addition, the table comparing the weighting of the most polluting sectors in the MSCI Europe Low Carbon Leaders benchmark and its parent index, the MSCI Europe, included in the prospectus of the EUROPE LOW CARBON FCP has been replaced by a written explanation in the EUROPE LOW CARBON sub-fund prospectus. The aim of this new format remains to highlight the strong correlation between the MSCI Europe Low Carbon Leaders and its parent index. The major characteristics of your EUROPE LOW CARBON FCP and the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV are detailed in the table in the appendix. As your fund is being absorbed by a SICAV, as of 8 December 2016 you will become a shareholder in the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV and will therefore be able to participate and vote in general meetings, with each share having one voting right. Please refer to the Key Investor Information Document (KIID) of the EUROPE LOW CARBON FCP on the webpage: You can directly access the legal documents the Key Investor Information Document (KIID) and the prospectus together with additional information on the characteristics of the shares in the sub-fund of the absorbing SICAV, AMUNDI INDEX SOLUTIONS, via the webpage of your FCP: The prospectuses of the EUROPE LOW CARBON FCP and the AMUNDI INDEX SOLUTIONS SICAV can be obtained by written request to the relevant address listed below: Amundi Asset Management Amundi Index Solutions Client Services c/o Amundi Luxembourg S.A. 90, boulevard Pasteur 5, allée Scheffer Paris L-2520 Luxembourg France Grand Duchy of Luxembourg 4

17 Please remember that if you object to the terms and conditions of this operation, you may sell your current units or the shares received in exchange at any time and free of charge. Such a redemption would only be subject to the ordinary rules of taxation applicable to capital gains on the sale of transferable securities. Your usual point of contact will be available to explore the solution that would be most adapted to your investor profile. Thank you for your attention in this matter. Yours faithfully, 5

18 APPENDIX 1) 8 December 2016: Merger by absorption of the EUROPE LOW CARBON FCP by the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV The following changes will occur as a result of this operation: EUROPE LOW CARBON (absorbed) EUROPE LOW CARBON (absorbing) I-EUR unit FR IE (C) share LU I2-EUR unit FR XE(C) share LU I2-GBP unit FR XG (C) share LU ISIN code P-EUR unit FR AE (C) share LU R-EUR unit FR RE (C) share LU O-EUR unit FR OE(C) share LU I-USD unit FR IU(C) share LU Legal form FCP SICAV UCITS with subfunds No Yes Classification International equities N/A Sub-fund affected by the operation N/A Supervisory authority Autorité des Marchés Financiers (AMF), France EUROPE LOW CARBON Commission de Surveillance du Secteur Financier (CSSF), Luxembourg I-EUR unit 05/03/2015 IE (C) share 30/08/2016 I2-EUR unit 05/03/2015 XE(C) share 30/08/2016 I2-GBP unit 05/03/2015 XG (C) share 30/08/2016 Inception date P-EUR unit 05/03/2015 AE (C) share 30/08/2016 R-EUR unit 05/03/2015 RE (C) share 30/08/2016 O-EUR unit 31/08/2015 OE(C) share 30/08/2016 I-USD unit 31/08/2015 IU(C) share 30/08/2016 Management company Amundi Asset Management 6 Amundi Luxembourg S.A

19 Auditor PWC SELLAM Ernst & Young Custodian Valuation agent/ administrator CACEIS BANK France S.A CACEIS Fund Administration S.A CACEIS BANK Luxembourg S.A. (also the registrar, transfer and paying agent) CACEIS BANK Luxembourg S.A. I-EUR unit Admitted IE (C) share 30/08/2016 I2-EUR unit Admitted XE(C) share 30/08/2016 I2-GBP unit Admitted XG (C) share 30/08/2016 Euroclear admission P-EUR unit Admitted AE (C) share 30/08/2016 R-EUR unit Admitted RE (C) share 30/08/2016 O-EUR unit Admitted OE(C) share 30/08/2016 I-USD unit Admitted IU(C) share 30/08/2016 Business day Any full business day when banks are open in France and/or the United Kingdom and/or Germany Any full business day when banks are open in Luxembourg and/or France and/or the United Kingdom and/or Germany I-EUR unit All types of investors, particularly legal entities I2-EUR unit All types of investors, particularly large institutional investors Typical investor profile I2-GBP unit P-EUR unit All types of investors, particularly large institutional investors All types of investors, particularly natural persons The fund is particularly appropriate for investors seeking: long-term capital gains to replicate the performance of the benchmark index R-EUR unit All subscribers, in particular distribution platform clients located in the UK and the Netherlands 7

20 O-EUR unit Reserved for UCIs managed by Amundi s management companies I-USD unit All types of investors, particularly legal entities Tracking error 2% annualised 1% annualised Centralisation deadline pm 2.00 pm Financial yearend March September Opening NAV Minimum initial subscription I-EUR unit EUR 10,000 IE (C) share I2-EUR unit EUR 50,000 XE(C) share I2-GBP unit GBP 40,000 XG (C) share P-EUR unit EUR 100 AE (C) share R-EUR unit EUR 10,000 RE (C) share O-EUR unit EUR 50,000 OE(C) share I-USD unit USD 10,000 IU(C) share I-EUR unit 1 unit IE (C) share I2-EUR unit 1 unit XE(C) share I2-GBP unit 1 unit XG (C) share Continuous NAV Continuous NAV Continuous NAV Continuous NAV Continuous NAV Continuous NAV Continuous NAV EUR equivalent of USD 500,000 EUR equivalent of USD 50,000,000 GBP equivalent of USD 50,000,000 8

21 P-EUR unit 1 unit AE (C) share R-EUR unit 1 unit RE (C) share O-EUR unit 1 unit OE(C) share EUR equivalent of USD 500,000 I-USD unit 1 unit IU(C) share USD 500,000 Minimum subsequent subscription I-EUR unit I2-EUR unit I2-GBP unit P-EUR unit R-EUR unit O-EUR unit I-USD unit a unit a unit a unit a unit a unit thousandth of a unit thousandth of a unit IE (C) share XE(C) share XG (C) share AE (C) share RE (C) share OE(C) share IU(C) share thousandth of thousandth of I-EUR unit 10% IE (C) share 2.5% I2-EUR unit 10% XE(C) share 5% I2-GBP unit 10% XG (C) share 5% Maximum subscription fee P-EUR unit 0% AE (C) share 4.5% R-EUR unit 10% RE (C) share 4.5% O-EUR unit 10% OE(C) share 5% I-USD unit 10% IU(C) share 2.5% Maximum conversion fee Ongoing charges None 1% I-EUR unit 0.25% IE (C) share 0.18% (estimated) 9

22 Anti-dilution mechanism Swing pricing* I2-EUR unit 0.19% XE(C) share I2-GBP unit 0.18% XG (C) share P-EUR unit 0.28% AE (C) share R-EUR unit 0.29% RE (C) share O-EUR unit 0.20% OE(C) share I-USD unit 0.28% IU(C) share No 0.15% (estimated) 0.15% (estimated) 0.60% (estimated) 0.23% (estimated) 0.08% (estimated) 0.18% (estimated) *A scheme aimed at reducing the impact on the net asset value (NAV) of costs related to substantial changes in portfolios, in particular, as the result of a high number of share subscription or redemption requests. Additional information on this mechanism is available in the section How We Calculate NAV, Swing pricing in the AMUNDI INDEX SOLUTIONS SICAV prospectus. 2) Technical terms of the merger and an example of the exchange ratio We hereby inform you that your management company, Amundi Asset Management, will transfer the assets of the EUROPE LOW CARBON FCP into the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV, which was created for this purpose. This operation will be carried out on the basis of the NAV of 7 December Yes The exchange ratio for the merger shall be 1 for 1: in exchange for your units in the AMUNDI INDEX EQUITY EUROPE LOW CARBON FCP, you will receive the same number in thousandths of corresponding shares in the EUROPE LOW CARBON sub-fund. By way of illustration, the exchange ratio of 1 for 1 shall apply as follows: the exchange of one I-EUR unit (FR ) for one IE (C) share (LU ); the exchange of one I2-EUR unit (FR ) for one XE (C) share (LU ); the exchange of one I2-GBP unit (FR ) for one XG (C) share (LU ); the exchange of one P-EUR unit (FR ) for one AE (C) share (LU ); the exchange of one R-EUR unit (FR ) for one RE (C) share (LU ); the exchange of one O-EUR unit (FR ) for one OE (C) share (LU ); the exchange of one I-USD unit (FR ) for one IU (C) share (LU ). 10

23 Calculations will be made for your full holding of units in the EUROPE LOW CARBON FCP. You will be sent a report detailing the number of shares and thousandths of shares you will hold in the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV following the merger, to replace your EUROPE LOW CARBON FCP units. 3) Taxation The stated tax regime is that in force on the date of this letter. Retail clients Securities held in an ordinary securities account. This operation is eligible for deferred taxation (Article B of the General Tax Code CGI), if the cash amount received is less than 10% of the exchange value of the securities received. This operation is not therefore immediately subject to taxation. The realised gain will not be taxable until the disposal of the shares in AMUNDI INDEX SOLUTIONS received in exchange, and shall correspond to the difference between the transfer price of the units in the EUROPE LOW CARBON FCP and the acquisition value of shares in AMUNDI INDEX SOLUTIONS as reduced by any cash amount received. Where it is not possible to take advantage of this tax deferral, any capital gains realised as a result of these exchanges shall be immediately taxable in accordance with the progressive scale of income tax and shall be subject to social contributions of 15.5%. Companies (corporation tax, taxation on industrial, commercial and agricultural profits): This operation is eligible for deferred taxation (Article 38-5a of the General tax Code - CGI) until the subsequent disposal of the securities received in exchange and recorded in assets. However, a distinction must be made between the following cases: the cash amount received is less than 10% of the total and less than the gain realised on exchange: - the realised gain is taxable up to the amount of the cash amount received; - above this amount, taxation of the gain is deferred; - in the event of fractions, the realised gain on any fractions is taxable. Deferral is obligatory. The securities received shall be recorded in the balance sheet at their actual value, requiring a correction outside of the accounts to avoid taxation of the gain realised upon exchange and included in accounting income. the cash amount received is greater than 10% of the total or the realised gain on exchange: the capital gain is taxable immediately. 4) Operational terms of the AMUNDI INDEX SOLUTIONS SICAV Shares Following the merger described above, you will receive shares in the AMUNDI INDEX SOLUTIONS SICAV in exchange for your units in the EUROPE LOW CARBON FCP. Shares in the AMUNDI INDEX SOLUTIONS SICAV are only issued in registered form and are recorded in the Shareholder Register without issuance of certificate (uncertificated shares). 1 1 Uncertificated shares Proof of ownership of uncertificated shares depends solely upon an entry in the Shareholder Register. However, a personal account number will be allocated to holders of uncertificated shares. We recommend that investors hold uncertificated shares, for which conversion and redemption instructions can be made by fax or any other electronic means that the SICAV s board of 11

24 Conversion of shares As holder in the AMUNDI INDEX SOLUTIONS SICAV, you may request the conversion of your shares into a different share class in the EUROPE LOW CARBON sub-fund or in a different sub-fund of the SICAV. The conversion of shares from one class in a sub-fund into s of a different class in the same sub-fund or in a different sub-fund is only authorised if the investor satisfies all the entry conditions stipulated for the share class into which conversion will be made. Transaction deadlines Orders for the purchase, conversion and redemption of shares can be placed with the AMUNDI INDEX SOLUTIONS SICAV or with a distributor. Subscription, redemption and conversion orders must be received before 2.00 pm (Luxembourg time) on a business day when banks are open in Luxembourg and/or France and/or the United Kingdom and/or Germany. See Transaction deadlines in the Planning your investment section of the fact sheet for the EUROPE LOW CARBON sub-fund in the AMUNDI INDEX SOLUTIONS SICAV prospectus. Orders received in accordance with the terms described above shall be executed on the following business day, as described in the AMUNDI INDEX SOLUTIONS prospectus, based on the net asset value of the business day following the business day on which the order was received and calculated on D+1. Asset valuation rules The valuation rules for the EUROPE LOW CARBON FCP and the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV are detailed in paragraph VII Asset valuation and accounting rules of your FCP prospectus and in the section Calculation of the net asset value in the AMUNDI INDEX SOLUTIONS SICAV prospectus, respectively. Investor protection in the event of an error in the net asset value (NAV) calculation French law provides for no specific measures in the event of an error in the NAV calculation. In contrast, Luxembourg law has formal rules for the protection of investors in the event of NAV calculation errors and non-compliance with the investment rules applicable to undertakings for collective investment. 2 These rules can be obtained from the management company of the AMUNDI INDEX SOLUTIONS SICAV. 5) Various The merger report prepared by the auditors of your FCP and the statements relating to the merger issued by the custodians of the EUROPE LOW CARBON FCP and the AMUNDI INDEX SOLUTIONS SICAV are available from the registered office of the management company of your FCP, Amundi Asset Management. As the portfolios of your FCP and the absorbing sub-fund are similar, the merger by absorption of your EUROPE LOW CARBON FCP by the AMUNDI INDEX EQUITY EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV will be made via the transfer of your FCP s securities to the portfolio of the absorbing SICAV, without any prior rebalancing of the absorbed fund s portfolio. Any new fees and/or revenue of the EUROPE LOW CARBON FCP received or receivable after pm (French time) on 2 December 2016 will be charged/credited to the EUROPE LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV. directors may define as required. Additionally, if these instructions are received before 2.00 pm Luxembourg time on a business day (see Transaction deadlines below), these instructions will be executed on the same business day. 2 CSSF Circular 02/77 relating to the protection of investors in the event of NAV calculation errors and correction of the consequences resulting from non-compliance with the investment rules applicable to undertakings for collective investment. 12

25 Unitholders in the EUROPE LOW CARBON FCP can exercise their rights as shareholders in the absorbing sub-fund from 8 December

26 LETTER TO UNITHOLDERS GLOBAL LOW CARBON Nature of the operation Merger Date of the operation 8 December 2016 We draw your attention to the fact that should you wish to participate in the merger described below, with effect from 8 December 2016 any questions or disputes relating to your rights and obligations as holder in the AMUNDI INDEX SOLUTIONS SICAV will be subject to the rules and jurisdiction of the Luxembourg courts. Dear Sir/Madam, We are pleased to count you as a unitholder in the GLOBAL LOW CARBON FCP. Name of the FCP GLOBAL LOW CARBON GLOBAL LOW CARBON (I - EUR) GLOBAL LOW CARBON (I2 - EUR) GLOBAL LOW CARBON (I - GBP) GLOBAL LOW CARBON (P - EUR) GLOBAL LOW CARBON (R - EUR) GLOBAL LOW CARBON (O - EUR) GLOBAL LOW CARBON (I - USD) ISIN code FR FR FR FR FR FR FR Description of the operation Your management company, Amundi Asset Management, and the board of directors of the Luxembourg SICAV, AMUNDI INDEX SOLUTIONS, have decided that your fund,

27 the GLOBAL LOW CARBON FCP, will be absorbed on 8 December 2016 by the GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV. Your GLOBAL LOW CARBON FCP and the AMUNDI INDEX EQUITY GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV have a similar management objective, investment strategy and risk/return profile. The GLOBAL LOW CARBON sub-fund currently exists as a shell and after activation following absorption of the GLOBAL LOW CARBON FCP, it will be managed on the same basis as the latter. Amundi Asset Management and the board of directors of the AMUNDI INDEX SOLUTIONS SICAV believe that it is in the interests of the unitholders and shareholders of the two UCITS to merge these two entities in a single legal structure, in order to simplify the range of UCITS with a similar management style, enhance transparency in the product range and improve efficiency and economies of scale for the benefit of investors. In order to facilitate this merger, unit subscriptions and redemptions in the absorbed fund, the GLOBAL LOW CARBON FCP, will be suspended from 1 December 2016 at pm. This operation has been approved by the Autorité des Marchés Financiers (AMF) as at 27 September Without any further action required on your part, following this operation you will receive shares in the GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV (the absorbing fund) in return for your units in the AMUNDI INDEX EQUITY GLOBAL LOW CARBON FCP (the absorbed fund), based on the technical terms of the merger stipulated in the appendix. If, however, you do not accept the terms and conditions of this operation, you may sell your current units or the shares received in exchange at any time and free of charge. Such a redemption would only be subject to the ordinary rules of taxation applicable to capital gains on the sale of transferable securities. Your usual point of contact will be available to explore the solution that would be most adapted to your investor profile. 2. Implications of the operation The main changes to your investment are described below and in the appendix. Change to risk/return profile: Risk/return profile increase: Fee increase: NO NO YES Changes to the fee structure The following changes to the fee structure of your fund will take effect on 8 December 2016: - currently the maximum management fees for your FCP are: o 0.23% for I-EUR units; o 0.23% for I-USD units; 2

28 o 0.23% for I-GBP units; o 0.15% for I2-EUR units; o 0.13% for O-EUR units; o 0.60% for P-EUR units; o 0.28% for R-EUR units. The GLOBAL LOW CARBON sub-fund has base share classes, with attached share sub-classes. The Base Share Class Designations section of the AMUNDI INDEX SOLUTIONS SICAV prospectus only describes the maximum management fees for the base share classes, applicable to all of the SICAV s sub-funds, namely: o 1.40% for I shares; o 1.20% for X shares; o 2.50% for A shares; o 0.5% for O shares; o 1.50% for R shares; For details of the maximum management fees applicable to the AE, IE, IU, IG, XE, OE and RE share sub-classes in the GLOBAL LOW CARBON sub-fund absorbing your units, please refer directly to the characteristics of these shares listed on your FCP s webpage: - the maximum subscription fee will be amended from: o 10% currently for I-EUR units to maximum 2.5% for IE (C) shares; o 10% currently for I2-EUR units to maximum 5.0% for XE (C) shares; o 10% currently for I-GBP units to maximum 2.5% for IG (C) shares; o 0% currently for P-EUR units to maximum 4.5% for AE (C) shares; o 10% currently for R-EUR units to maximum 4.5% for RE (C) shares; o 10% currently for O-EUR units to maximum 5.0% for OE (C) shares; o 10% currently for I-USD units to maximum 2.5% for IU (C) shares; - if you request conversion of your shares into a different share category (which is not currently possible in the GLOBAL LOW CARBON FCP), a maximum conversion fee of 1% shall apply; - ongoing charges will be amended from: o 0.27% for I-EUR units to an estimated 0.23% after the merger with the IE (C) share class; o 0.21% for I2-EUR units to an estimated 0.15% after the merger with the XE (C) share class; o 0.20% for I-GBP units to an estimated 0.23% after the merger with the IG (C) share class; o 0.26% for P-EUR units to an estimated 0.60% after the merger with the AE (C) share class; o 0.30% for R-EUR units to an estimated 0.28% after the merger with the RE (C) share class; o 0.20% for O-EUR units to an estimated 0.13% after the merger with the OE (C) share class; o 0.25% for I-USD units to an estimated 0.18% after the merger with the IU (C) share class. For the French fund, administration fees are included in ongoing charges. For the Luxembourg sub-fund, they are also included in ongoing charges and detailed separately in the prospectus of the Luxembourg sub-fund. 3

29 Change in management strategy: Both your GLOBAL LOW CARBON FCP and the AMUNDI INDEX EQUITY GLOBAL LOW CARBON sub-fund aim to replicate the performance of the strategy index, the MSCI World Low Carbon Leaders (the Strategy Index ). Your GLOBAL LOW CARBON FCP has a maximum target tracking error for the change in the net asset value of the fund versus that of the Strategy Index of 2% annualised, whereas this is 1% annualised for the GLOBAL LOW CARBON sub-fund. Otherwise, the investment strategies and assets used and described in the prospectuses of the two UCITS are similar. Other changes The minimum initial subscription for P-EUR and R-EUR units in the GLOBAL LOW CARBON FCP will be lowered from one unit to a an AE (C) and RE (C) share in the GLOBAL LOW CARBON sub-fund. As of the date of this letter, the information in the Key Investor Information Document (KIID) of the GLOBAL LOW CARBON FCP no longer specifies how securities are filtered based on their carbon intensity and associated fossil fuel reserves. You will continue to find this definition in the prospectus of the absorbing fund on the page for the GLOBAL LOW CARBON sub-fund. In addition, the table comparing the weighting of the most polluting sectors in the MSCI World Low Carbon Leaders benchmark and its parent index, the MSCI World, included in the prospectus of the GLOBAL LOW CARBON FCP has been replaced by a written explanation in the GLOBAL LOW CARBON sub-fund prospectus. The aim of this new format remains to highlight the strong correlation between the MSCI World Low Carbon Leaders and its parent index. The major characteristics of your GLOBAL LOW CARBON FCP and the GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV are detailed in the table in the appendix. As your fund is being absorbed by a SICAV, as of 8 December 2016 you will become a shareholder in the GLOBAL LOW CARBON sub-fund of the AMUNDI INDEX SOLUTIONS SICAV and will therefore be able to participate and vote in general meetings, with each share having one voting right. Please refer to the Key Investor Information Document (KIID) of the GLOBAL LOW CARBON FCP on the webpage: You can directly access the legal documents the Key Investor Information Document (KIID) and the prospectus together with additional information on the characteristics of the shares in the sub-fund of the absorbing SICAV, AMUNDI INDEX SOLUTIONS, via the webpage of your FCP: The prospectuses of the GLOBAL LOW CARBON FCP and the AMUNDI INDEX SOLUTIONS SICAV can be obtained by written request to the relevant address listed below: 4

LETTER TO UNITHOLDERS OF THE AMUNDI ETF MSCI BRAZIL UCITS ETF FCP

LETTER TO UNITHOLDERS OF THE AMUNDI ETF MSCI BRAZIL UCITS ETF FCP LETTER TO UNITHOLDERS OF THE AMUNDI ETF MSCI BRAZIL UCITS ETF FCP Paris, 26 October 2016 Dear Sir/Madam, We are pleased to count you as a unitholder in the AMUNDI ETF MSCI BRAZIL UCITS ETF FCP (FR0010821793).

More information

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI EMU (DR) UCITS ETF

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI EMU (DR) UCITS ETF Paris, the 29 th of September 2017, INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI EMU (DR) UCITS ETF Lyxor MSCI EMU (DR) UCITS ETF ISIN code D-EUR FR0007085501 D-USD FR0012413276 D-GBP FR0012413284 D-CHF

More information

INFORMATION FOR SHAREHOLDERS OF THE LYXOR FTSE USA MINIMUM VARIANCE fund. MULTI UNITS FRANCE Lyxor FTSE USA Minimum Variance

INFORMATION FOR SHAREHOLDERS OF THE LYXOR FTSE USA MINIMUM VARIANCE fund. MULTI UNITS FRANCE Lyxor FTSE USA Minimum Variance Paris, 2 October 2017 INFORMATION FOR SHAREHOLDERS OF THE LYXOR FTSE USA MINIMUM VARIANCE fund MULTI UNITS FRANCE Lyxor FTSE USA Minimum Variance ISIN code C-USD FR0012726560 After the merger, the shareholders

More information

INFORMATION FOR UNIT-HOLDERS OF THE FCP FUND LYXOR MSCI EMU SMALL CAP UCITS ETF

INFORMATION FOR UNIT-HOLDERS OF THE FCP FUND LYXOR MSCI EMU SMALL CAP UCITS ETF Paris, 28 July 2017 INFORMATION FOR UNIT-HOLDERS OF THE FCP FUND LYXOR MSCI EMU SMALL CAP UCITS ETF LYXOR MSCI EMU SMALL CAP UCITS ETF ISIN code FR0010168773 When this merger is completed, the unit-holders

More information

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI AC Asia Pacific Ex Japan UCITS ETF FUND

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI AC Asia Pacific Ex Japan UCITS ETF FUND Paris, 15 January 2019 INFORMATION FOR UNIT-HOLDERS OF THE Lyxor MSCI AC Asia Pacific Ex Japan UCITS ETF FUND ISIN Code Lyxor MSCI AC Asia Pacific Ex Japan UCITS ETF Acc FR0010312124 Lyxor MSCI AC Asia

More information

Paris, October 16, 2018 INFORMATION FOR UNITHOLDERS OF THE LYXOR PRIVEX UCITS ETF MUTUAL FUND (FONDS COMMON DE PLACEMENT, HEREINAFTER THE FCP )

Paris, October 16, 2018 INFORMATION FOR UNITHOLDERS OF THE LYXOR PRIVEX UCITS ETF MUTUAL FUND (FONDS COMMON DE PLACEMENT, HEREINAFTER THE FCP ) Paris, October 16, 2018 INFORMATION FOR UNITHOLDERS OF THE LYXOR PRIVEX UCITS ETF MUTUAL FUND (FONDS COMMON DE PLACEMENT, HEREINAFTER THE FCP ) ISIN Code LYXOR PRIVEX UCITS ETF Dist FR0010407197 Upon completion

More information

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor Stoxx Europe 600 Oil & Gas UCITS ETF FUND

INFORMATION FOR UNIT-HOLDERS OF THE Lyxor Stoxx Europe 600 Oil & Gas UCITS ETF FUND Paris, 11 December, 2018 INFORMATION FOR UNIT-HOLDERS OF THE Lyxor Stoxx Europe 600 Oil & Gas UCITS ETF FUND ISIN Code Lyxor Stoxx Europe 600 Oil & Gas UCITS ETF Acc FR0010344960 Upon completion of the

More information

INFORMATION FOR SHAREHOLDERS OF THE LYXOR IBOXX $ LIQUID EMERGING MARKETS SOVEREIGNS UCITS ETF SUB-FUND

INFORMATION FOR SHAREHOLDERS OF THE LYXOR IBOXX $ LIQUID EMERGING MARKETS SOVEREIGNS UCITS ETF SUB-FUND Paris, september 18, 2018 INFORMATION FOR SHAREHOLDERS OF THE LYXOR IBOXX $ LIQUID EMERGING MARKETS SOVEREIGNS UCITS ETF SUB-FUND Multi Units France - LYXOR IBOXX $ LIQUID EMERGING MARKETS SOVEREIGNS UCITS

More information

INFORMATION FOR SHAREHOLDERS of the Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF sub-fund

INFORMATION FOR SHAREHOLDERS of the Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF sub-fund Paris, 5 February 2019 INFORMATION FOR SHAREHOLDERS of the Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF sub-fund MULTI UNITS FRANCE Lyxor MSCI Select OECD Emerging Markets GDP UCITS ETF ISIN Code

More information

For the attention of unitholders resident in the United Kingdom of the French mutual fund "BNP PARIBAS EASY LOW CARBON 100 EUROPE UCITS ETF"

For the attention of unitholders resident in the United Kingdom of the French mutual fund BNP PARIBAS EASY LOW CARBON 100 EUROPE UCITS ETF Paris, 25 April 2017 For the attention of unitholders resident in the United Kingdom of the French mutual fund "BNP PARIBAS EASY LOW CARBON 100 EUROPE UCITS ETF" Dear Sir/Madam, We would like to thank

More information

INFORMATION FOR SHAREHOLDERS OF THE LYXOR EURO STOXX Banks (DR) UCITS ETF SUB-FUND

INFORMATION FOR SHAREHOLDERS OF THE LYXOR EURO STOXX Banks (DR) UCITS ETF SUB-FUND Paris, October 2, 2018 INFORMATION FOR SHAREHOLDERS OF THE LYXOR EURO STOXX Banks (DR) UCITS ETF SUB-FUND MULTI UNITS FRANCE LYXOR EURO STOXX Banks (DR) UCITS ETF ISIN Code Acc FR0011645647 Upon completion

More information

Dear sir or madam. 3. Effects of the Merger on the unitholders/shareholders of the Absorbed FCP and Absorbing Sub-fund

Dear sir or madam. 3. Effects of the Merger on the unitholders/shareholders of the Absorbed FCP and Absorbing Sub-fund CANDRIAM FRANCE Simplified joint-stock company Acting on behalf of the Fonds Commun de Placement (FCP) Candriam Equities F Europe Conviction* 40, rue Washington 75008 PARIS Dear sir or madam We thank you

More information

DELTA LLOYD L Société d'investissement à Capital Variable 9, bd du Prince Henri L-1724 Luxembourg

DELTA LLOYD L Société d'investissement à Capital Variable 9, bd du Prince Henri L-1724 Luxembourg COMMON PROJECT FOR MERGER Whereas DELTA LLOYD L (the "SICAV ) is a société anonyme incorporated and existing under the laws of the Grand Duchy of Luxembourg in the form of an investment company with variable

More information

EDMOND DE ROTHSCHILD SYNERGY EUROPE (EdR SYNERGY EUROPE)

EDMOND DE ROTHSCHILD SYNERGY EUROPE (EdR SYNERGY EUROPE) KEY INVESTOR INFORMATION This document provides you with key investor information about this UCITS. It is not marketing material. The information is required by law to help you understand the nature and

More information

REYL (Lux) GLOBAL FUNDS Luxembourg SICAV with multiple sub-funds

REYL (Lux) GLOBAL FUNDS Luxembourg SICAV with multiple sub-funds S I M P L I F I E D P R O S P E C T U S JUNE 2010 Subscriptions may only be carried out on the basis of this simplified prospectus or the full prospectus, dated February 2010. This prospectus must be distributed

More information

INFORMATION FOR SHAREHOLDERS OF THE SICAV. SSgA Technology Index Equity Fund

INFORMATION FOR SHAREHOLDERS OF THE SICAV. SSgA Technology Index Equity Fund INFORMATION FOR SHAREHOLDERS OF THE SICAV «SSgA Technology Index Equity Fund» ISIN Code P USD Share class: FR0000018624 ISIN Code I USD Share class: FR0010588137 ISIN Code I EUR Share class: FR0011129592

More information

INFORMATION FOR SHAREHOLDERS OF THE SICAV

INFORMATION FOR SHAREHOLDERS OF THE SICAV INFORMATION FOR SHAREHOLDERS OF THE SICAV «SSgA Europe Index Real Estate Fund» ISIN Code P Share class: FR0010585372 ISIN Code I Share class: FR0010596700 ISIN Code B Share class: FR0011342542 Should the

More information

NOTICE TO THE SHAREHOLDERS OF THE SUB FUND EUROPEAN VALUE (THE MERGING SUB FUND ) AND OF THE SUB FUND INTERNATIONAL VALUE (THE RECEIVING SUB FUND )

NOTICE TO THE SHAREHOLDERS OF THE SUB FUND EUROPEAN VALUE (THE MERGING SUB FUND ) AND OF THE SUB FUND INTERNATIONAL VALUE (THE RECEIVING SUB FUND ) NOTICE TO THE SHAREHOLDERS OF THE SUB FUND EUROPEAN VALUE (THE MERGING SUB FUND ) AND OF THE SUB FUND INTERNATIONAL VALUE (THE RECEIVING SUB FUND ) Luxembourg, 28 April 2017 Dear Shareholders, We hereby

More information

The terms in this letter that begin with uppercase letters are defined in the prospectus.

The terms in this letter that begin with uppercase letters are defined in the prospectus. The terms in this letter that begin with uppercase letters are defined in the prospectus. Paris, 04 May, 2016 Purpose: Liquidation of Lyxor UCITS ETF MSCI MEXICO, a sub-fund of the MULTI UNITS FRANCE SICAV

More information

LYXOR CHINA ENTERPRISE (HSCEI) UCITS ETF (STOCK CODE: P58) LYXOR MSCI AC ASIA-PACIFIC EX JAPAN UCITS ETF (STOCK CODE: P60) (the ETFs )

LYXOR CHINA ENTERPRISE (HSCEI) UCITS ETF (STOCK CODE: P58) LYXOR MSCI AC ASIA-PACIFIC EX JAPAN UCITS ETF (STOCK CODE: P60) (the ETFs ) Singapore, 14 January 2019 IMPORTANT ANNOUNCEMENT LYXOR CHINA ENTERPRISE (HSCEI) UCITS ETF (STOCK CODE: P58) LYXOR MSCI AC ASIA-PACIFIC EX JAPAN UCITS ETF (STOCK CODE: P60) (the ETFs ) Merger of the Lyxor

More information

The protection expertise

The protection expertise Milan, November 2017 The protection expertise Isabelle de Malherbe Head of Product Specialists Structured Solutions This material is solely for the attention of «professional» investors (see more details

More information

NOTICE TO THE SHAREHOLDERS OF VAM FUNDS (LUX) ACCESSIBLE CLEAN ENERGY FUND

NOTICE TO THE SHAREHOLDERS OF VAM FUNDS (LUX) ACCESSIBLE CLEAN ENERGY FUND VAM Funds (Lux) Société d'investissement à capital variable organisée sous la forme d'une société anonyme Registered office: 26 Avenue de la Liberté, L-1930 Luxembourg Grand Duchy of Luxembourg R.C.S.

More information

Notice to Unitholders of:

Notice to Unitholders of: of:» Pioneer Funds Italian Equity () Contents 01 Key Facts of the Merger 3 02 Merger Process 5 03 Impact of the Merger 5 04 Trading Timeline for Merging Unit Classes 6 05 Timeline Summary 7 06 What do

More information

Notice to Unitholders of: Pioneer S.F. (15 January 2018)

Notice to Unitholders of: Pioneer S.F. (15 January 2018) Notice to Unitholders of: Pioneer S.F. (15 January 2018) Contents 01 Fund Name Change 3 02 Class Name Change 4 03 Liquidations 4 04 Sub-Fund Mergers 5 2 Dear Unitholder, Following the merger of Pioneer

More information

ERRATUM LETTER TO UNITHOLDERS OF THE MUTUAL FUND AMUNDI ETF NASDAQ-100 EUR HEDGED DAILY UCITS ETF. Paris, 16 August Dear Sir or Madam,

ERRATUM LETTER TO UNITHOLDERS OF THE MUTUAL FUND AMUNDI ETF NASDAQ-100 EUR HEDGED DAILY UCITS ETF. Paris, 16 August Dear Sir or Madam, ERRATUM LETTER TO UNITHOLDERS OF THE MUTUAL FUND AMUNDI ETF NASDAQ-100 EUR HEDGED DAILY UCITS ETF Paris, 16 August 2016 Dear Sir or Madam, In your capacity as a unit holder of the mutual fund AMUNDI ETF

More information

AMUNDI FUNDS Société d investissement à Capital variable Registered office: 5 Allée Scheffer, L-2520 Luxembourg R.C.S. Luxembourg B 68.

AMUNDI FUNDS Société d investissement à Capital variable Registered office: 5 Allée Scheffer, L-2520 Luxembourg R.C.S. Luxembourg B 68. Société d investissement à Capital variable Registered office: 5 Allée Scheffer, L-2520 Luxembourg R.C.S. Luxembourg B 68.806 Luxembourg, 17 March 2017 Dear shareholders, Within the framework of the rationalisation

More information

RE: Modification of Sub-fund No. 31 of the MULTI UNITS FRANCE SICAV fund (the Fund ), indicated below:

RE: Modification of Sub-fund No. 31 of the MULTI UNITS FRANCE SICAV fund (the Fund ), indicated below: Paris, La Défense, 18 may 2017 RE: Modification of Sub-fund No. 31 of the MULTI UNITS FRANCE SICAV fund (the Fund ), indicated below: SUB-FUND NAME LYXOR EURO STOXX BANKS UCITS ETF ISIN CODE C-EUR share

More information

Notice to Unitholders of: Pioneer Funds. (15 January 2018)

Notice to Unitholders of: Pioneer Funds. (15 January 2018) Notice to Unitholders of: Pioneer Funds (15 January 2018) Contents 01 Fund Name Change 3 02 Class Name Change 4 03 Sub-Fund Name Changes 4 04 Investment Policy Changes 5 05 Liquidations 6 06 Performance

More information

AMUNDI MONEY MARKET FUND -

AMUNDI MONEY MARKET FUND - AMUNDI MONEY MARKET FUND - SHORT TERM (USD) Simplified Prospectus April 2011 This simplified prospectus contains information about AMUNDI Money Market Fund- Short Term (USD), a sub-fund (the Sub-Fund )

More information

SEB Asset Management S.A. Société anonyme. Notice to unitholders of SEB Fund 1 SEB Europe Fund

SEB Asset Management S.A. Société anonyme. Notice to unitholders of SEB Fund 1 SEB Europe Fund SEB Asset Management S.A. Société anonyme Registered office: 4, rue Peternelchen L - 2370 Howald (the Management Company ) R.C.S. Luxembourg B 28.468 Notice to unitholders of SEB Fund 1 SEB Europe Fund

More information

(each a Company and together the Companies )

(each a Company and together the Companies ) DB Platinum Société d'investissement à capital variable Registered Office: 11-13, boulevard de la Foire, L-1528 Luxembourg R.C.S. Luxembourg: B-104.413 Deutsche Invest I Société d investissement à capital

More information

PARVEST. An open-ended investment company Incorporated under Luxembourg Law. Prospectus D E C E M B E R 2012

PARVEST. An open-ended investment company Incorporated under Luxembourg Law. Prospectus D E C E M B E R 2012 PARVEST An open-ended investment company Incorporated under Luxembourg Law Prospectus D E C E M B E R 2012 PARVEST - Prospectus - Book I - Version of DECEMBER 2012 1 / 186 PARVEST Luxembourg SICAV - UCITS

More information

UBS ETF MSCI EMU hedged to GBP UCITS ETF, and UBS ETF MSCI EMU UCITS ETF

UBS ETF MSCI EMU hedged to GBP UCITS ETF, and UBS ETF MSCI EMU UCITS ETF THIS INFORMATION IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE. Luxembourg, 26 June 2017 UBS ETF société anonyme and société d investissement à capital

More information

FCP METROPOLE SELECTION PROSPECTUS FEBRUARY 2015

FCP METROPOLE SELECTION PROSPECTUS FEBRUARY 2015 FCP METROPOLE SELECTION PROSPECTUS FEBRUARY 2015 I GENERAL CHARACTERISTICS ISIN code Name Legal form Member state in which incorporated Date of creation and expected duration Summary of the investment

More information

Equity USA Value Merging sub-fund Merger effective as of 15 September 2017 (OTD)

Equity USA Value Merging sub-fund Merger effective as of 15 September 2017 (OTD) Luxembourg, 7 August 2017 Dear Shareholders, Notice to shareholders We hereby inform you that the Board of Directors of (the Company) decided to merge, on the basis of Article 32 of the Company s Articles

More information

CAAM Funds India. SIMPLIFIED PROSPECTUS - September 2009

CAAM Funds India. SIMPLIFIED PROSPECTUS - September 2009 CAAM Funds India SIMPLIFIED PROSPECTUS September 2009 This simplified prospectus contains information about CAAM Funds India, a subfund (the SubFund ) of CAAM Funds (the Fund ), an umbrella fund currently

More information

For professional investors - OCTOBER 2012 MAKING THINGS SIMPLER FOR OUR CLIENTS

For professional investors - OCTOBER 2012 MAKING THINGS SIMPLER FOR OUR CLIENTS For professional investors - OCTOBER 2012 MAKING THINGS SIMPLER FOR OUR CLIENTS 2 - LUXEMBOURG FUND OFFER - October 2012 MAKING THINGS SIMPLER AND IMPROVING OUR SERVICES In an ever-changing, increasingly

More information

UCITS GOVERNED BY EUROPEAN DIRECTIVE 2009/65/EC VARENNE GLOBAL. FCP (French Open-ended Mutual Investment Fund) KIID, Prospectus and Management Rules

UCITS GOVERNED BY EUROPEAN DIRECTIVE 2009/65/EC VARENNE GLOBAL. FCP (French Open-ended Mutual Investment Fund) KIID, Prospectus and Management Rules UCITS GOVERNED BY EUROPEAN DIRECTIVE 2009/65/EC VARENNE GLOBAL FCP (French Open-ended Mutual Investment Fund) KIID, Prospectus and Management Rules 1 Key Investor Information This document provides you

More information

(together the Funds ) IMPORTANT NOTICE TO THE SHAREHOLDERS OF

(together the Funds ) IMPORTANT NOTICE TO THE SHAREHOLDERS OF Investment Company with Variable Capital Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg R.C.S. Luxembourg B-119.899 (the Merging Fund ) Concept Fund Solutions plc A company incorporated

More information

NN (L) PATRIMONIAL Société d Investissement à Capital Variable. Grand Duchy of Luxembourg R.C.S. Luxembourg - B 24.

NN (L) PATRIMONIAL Société d Investissement à Capital Variable. Grand Duchy of Luxembourg R.C.S. Luxembourg - B 24. WINNING FUNDS Société d investissement à capital variable R.C.S. Luxembourg B 78.249 NN (L) PATRIMONIAL Société d Investissement à Capital Variable R.C.S. Luxembourg - B 24.401 (Collectively referred as

More information

NN (L) Société d Investissement à Capital Variable 3, rue Jean Piret L-2350 Luxembourg Grand Duchy of Luxembourg R.C.S. Luxembourg - B 44.

NN (L) Société d Investissement à Capital Variable 3, rue Jean Piret L-2350 Luxembourg Grand Duchy of Luxembourg R.C.S. Luxembourg - B 44. NN (L) Société d Investissement à Capital Variable 3, rue Jean Piret L-2350 Luxembourg Grand Duchy of Luxembourg R.C.S. Luxembourg - B 44.873 (the Company ) Notice to the Shareholders The board of directors

More information

PARVEST GLOBAL EQUITIES A sub-fund of Parvest, a Société d Investissement à Capital Variable (investment company with variable capital)

PARVEST GLOBAL EQUITIES A sub-fund of Parvest, a Société d Investissement à Capital Variable (investment company with variable capital) PARVEST GLOBAL EQUITIES A sub-fund of Parvest, a Société d Investissement à Capital Variable (investment company with variable capital) Simplified Prospectus May 2009 This simplified prospectus contains

More information

PARVEST EQUITY GLOBAL BRANDS

PARVEST EQUITY GLOBAL BRANDS A sub-fund of PARVEST, a Société d Investissement à Capital Variable (Investment Company with Variable Capital) Simplified prospectus September 2010 This simplified prospectus contains only general information

More information

Notice to shareholders

Notice to shareholders We hereby inform you that the Board of Directors of (the Company) has decided to merge the sub fund, Equity USA Value (the Merging Sub-fund) into the sub fund, Equity USA Value DEFI (the Receiving Sub-fund),

More information

ABN AMRO MULTI- MANAGER FUNDS - FUND OF MANDATES ASIA-PACIFIC EQUITIES

ABN AMRO MULTI- MANAGER FUNDS - FUND OF MANDATES ASIA-PACIFIC EQUITIES ABN AMRO MULTI- MANAGER FUNDS - FUND OF MANDATES ASIA-PACIFIC EQUITIES Sub-fund of ABN AMRO Multi-Manager Funds, an Undertaking for Collective Investment in Transferable Securities under Luxembourg law

More information

Notice to shareholders of the sub-fund: Man Umbrella SICAV Man Convertibles Far East. (the Merging Sub-Fund )

Notice to shareholders of the sub-fund: Man Umbrella SICAV Man Convertibles Far East. (the Merging Sub-Fund ) This document is important and requires your immediate attention. If you are in doubt as to the action you should take you should seek advice from your stockbroker, bank manager, legal adviser, accountant

More information

NOTICE TO SHAREHOLDERS OF. NORDEA 1 African Equity Fund AND. NORDEA 1 Emerging Markets Focus Equity Fund

NOTICE TO SHAREHOLDERS OF. NORDEA 1 African Equity Fund AND. NORDEA 1 Emerging Markets Focus Equity Fund NOTICE TO SHAREHOLDERS OF NORDEA 1 African Equity Fund AND NORDEA 1 Emerging Markets Focus Equity Fund It is brought to the attention of the shareholders of Nordea 1 African Equity Fund and Nordea 1 Emerging

More information

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS governed by the amended European Directive 2009/65/EC

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS governed by the amended European Directive 2009/65/EC UCITS governed by the amended European Directive 2009/65/EC PROSPECTUS The shares or units of the fund mentioned herein ("the Fund") have not been registered under the US Securities Act of 1933 and may

More information

Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Growth

Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Growth Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Growth Dear Shareholders, With this letter we want to inform you that as you will become shareholder in the

More information

MARGIN OF SAFETY FUND

MARGIN OF SAFETY FUND Société d'investissement à Capital Variable R.C.S. B 88649 Audited annual report as at 31/12/13 Database Publishing System: CO-Reporter by CO-Link, Belgium. Table of Contents Page Management and Administration

More information

OFI RISK ARB ABSOLU FULL PROSPECTUS (updated 03/10/2017)

OFI RISK ARB ABSOLU FULL PROSPECTUS (updated 03/10/2017) FULL PROSPECTUS (updated 03/10/2017) Limited Liability Company with an Executive Board with capital of EUR 42,000,000 Paris Trade & Companies Register B 384 940 342 - Principal Activity Code 6630 Z Intra-Community

More information

CARMIGNAC PROFIL REACTIF 100 French UCITS Under European Directive 2009/65/EC

CARMIGNAC PROFIL REACTIF 100 French UCITS Under European Directive 2009/65/EC CARMIGNAC PROFIL REACTIF 100 French UCITS Under European Directive 2009/65/EC PROSPECTUS February 2017 1 I. GENERAL CHARACTERISTICS 1. Structure of the UCITS French Mutual Fund (FCP) 2. Name CARMIGNAC

More information

PROSPECTUS FOR THE EXANE LONG/SHORT EQUITY FUND (Fonds Commun de Placement FCP)

PROSPECTUS FOR THE EXANE LONG/SHORT EQUITY FUND (Fonds Commun de Placement FCP) PROSPECTUS FOR THE EXANE LONG/SHORT EQUITY FUND (Fonds Commun de Placement FCP) INVESTMENT FUND CONFORMING TO EUROPEAN STANDARDS FORM OF THE FUND NAME Exane Long Short Equity Fund LEGAL FORM I - GENERAL

More information

Allianz Global Investors Europe GmbH

Allianz Global Investors Europe GmbH Allianz Inflationsschutz Merger into Allianz Global Investors Fund Dear Unitholders, You are holding units in the Allianz Inflationsschutz fund in your securities account. The Management Company,, has

More information

PROSPECTUS PARVEST NOVEMBER 2017

PROSPECTUS PARVEST NOVEMBER 2017 PROSPECTUS PARVEST NOVEMBER 2017 INFO FLASH #273 - FOR PROFESSIONAL INVESTORS The final draft of next Parvest Prospectus (the Prospectus ) is in the process of being approved by Luxembourg authorities

More information

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE Dear Shareholder: Notice to the shareholders of Multi-Manager World Equity Fund Luxembourg,

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared on: 12/08/13 This Product Highlights Sheet is an important document. It highlights the key terms and risks of the Dynamic Diversified Portfolio (the "Portfolio"), a portfolio of AllianceBernstein

More information

AMUNDI ETF MSCI INDIA UCITS ETF

AMUNDI ETF MSCI INDIA UCITS ETF AMUNDI ETF MSCI INDIA UCITS ETF Semi-Annual report June 2016 AMUNDI S ASSET MANAGEMENT UCITS Fund manager : AMUNDI ASSET MANAGEMENT Delegated fund accountant : CACEIS FUND ADMINISTRATION FRANCE Custodian

More information

Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Income

Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Income Cover letter to the shareholders of the UCITS Robeco All Strategies Funds Robeco Multi Asset Income Dear Shareholders, With this letter we want to inform you that as you will become shareholder in the

More information

An Equity Market Neutral Fund. [Data updated on December 29, 2017]

An Equity Market Neutral Fund. [Data updated on December 29, 2017] SEVEN An Equity Market Neutral Fund [Data updated on December 29, 2017] Genesis of the launch of the Seven Fortress 7 8 2011 2012 2016 Launch of the Seven European Equity Fund A promise of flexibility

More information

Seven European Equity Fund

Seven European Equity Fund Value Momentum Growth A highly effective approach that complements traditional equity strategies [Updated on 29 September 2017] Momentum investing, or Newton's law applied to finance... external forces

More information

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS governed by European Directive 2009/65/EC

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS governed by European Directive 2009/65/EC UCITS governed by European Directive 2009/65/EC PROSPECTUS The shares or units of the fund mentioned herein ("the Fund") have not been registered under the US Securities Act of 1933 and may not be offered

More information

ARTICLES OF ASSOCIATION METROPOLE FUNDS

ARTICLES OF ASSOCIATION METROPOLE FUNDS A French Société d Investissement à Capital Variable (variable capital investment company) Incorporated as a société anonyme (limited company) Registered office: 9, rue des Filles Saint Thomas, 75002 Paris

More information

SEB Investment Management AB SE Stockholm Sweden Registration number (the "Management Company") NOTICE TO THE UNITHOLDERS OF

SEB Investment Management AB SE Stockholm Sweden Registration number (the Management Company) NOTICE TO THE UNITHOLDERS OF SEB Investment Management AB SE-106 40 Stockholm Sweden Registration number - 556197-3719 (the "Management Company") NOTICE TO THE UNITHOLDERS OF SEB Fund 1 - SEB Ethical Europe Fund Merger Unitholders

More information

ABN AMRO FUNDS - CLEAN TECH FUND

ABN AMRO FUNDS - CLEAN TECH FUND ABN AMRO FUNDS - CLEAN TECH FUND Sub-fund of ABN AMRO Funds, an Undertaking for Collective Investment in Transferable Securities under Luxemburg Law Simplified Prospectus October 2007 English Seeking long

More information

UCITS governed by European Directive 2009/65/EC. METROPOLE FUNDS PROSPECTUS 30 April 2018

UCITS governed by European Directive 2009/65/EC. METROPOLE FUNDS PROSPECTUS 30 April 2018 UCITS governed by European Directive 2009/65/EC METROPOLE FUNDS PROSPECTUS 30 April 2018 1 I. GENERAL CHARACTERISTICS NAME: METROPOLE Funds LEGAL FORM AND MEMBER STATE IN WHICH THE FUND WAS CREATED: SICAV

More information

Pictet Prospectus

Pictet Prospectus www.pictetfunds.hk Pictet Prospectus May 2011 PICTET Société d Investissement à Capital Variable (Open-ended Investment Company) 15, avenue J.F. Kennedy L-1855 Luxembourg R.C.S. Luxembourg B 38 034 This

More information

AMUNDI ETF LEVERAGED MSCI USA DAILY UCITS ETF

AMUNDI ETF LEVERAGED MSCI USA DAILY UCITS ETF AMUNDI ETF LEVERAGED MSCI USA Semi-Annual report December 2015 AMUNDI S ASSET MANAGEMENT UCITS Fund manager : AMUNDI ASSET MANAGEMENT Delegated fund accountant : CACEIS FUND ADMINISTRATION FRANCE Custodian

More information

COMMON TERMS OF MERGER

COMMON TERMS OF MERGER COMMON TERMS OF MERGER Between DELTA LLOYD L (the "Merging SICAV ) is a société anonyme incorporated and existing under the laws of the Grand Duchy of Luxembourg in the form of an investment company with

More information

AMUNDI ETF NASDAQ-100 UCITS ETF

AMUNDI ETF NASDAQ-100 UCITS ETF AMUNDI ETF NASDAQ-100 UCITS ETF Semi-Annual report December 2015 AMUNDI S ASSET MANAGEMENT UCITS Fund manager : AMUNDI ASSET MANAGEMENT Delegated fund accountant : CACEIS FUND ADMINISTRATION FRANCE Custodian

More information

Copies of these documents may be supplied to all current and future investors at any time free of charge. Man Umbrella SICAV Man AHL Trend

Copies of these documents may be supplied to all current and future investors at any time free of charge. Man Umbrella SICAV Man AHL Trend Man Umbrella SICAV - Man AHL Trend - Simplified Prospectus February 2010 This Simplified Prospectus contains selected key information relating to Man Umbrella SICAV (the Fund ) and its subfund Man AHL

More information

Responses to investor questions on the mergers by absorption of Lyxor CAC 40 Daily (2x) Leveraged UCITS ETF

Responses to investor questions on the mergers by absorption of Lyxor CAC 40 Daily (2x) Leveraged UCITS ETF Responses to investor questions on the mergers by absorption of Lyxor CAC 40 Daily (2x) Leveraged UCITS ETF Table of contents Key information on the merger 3 Lyxor CAC 40 Daily (2x) Leveraged UCITS ETF

More information

UBS (Lux) Equity SICAV Small Caps Europe

UBS (Lux) Equity SICAV Small Caps Europe Investment company under Luxembourg law ( Société d Investissement à Capital Variable ) Established in accordance with Part I of the Law of 17 December 2010 on undertakings for collective investment, as

More information

AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée 2-4, rue Eugène Ruppert L-2453 Luxembourg R.C.S. Luxembourg B

AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée 2-4, rue Eugène Ruppert L-2453 Luxembourg R.C.S. Luxembourg B AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée 2-4, rue Eugène Ruppert L-2453 Luxembourg R.C.S. Luxembourg B 34 405 Acting in its own name but on behalf of AB FCP I Fonds Commun

More information

NOTICE TO THE SHAREHOLDERS OF CS INVESTMENT FUNDS 2 CREDIT SUISSE (LUX) GLOBAL PRESTIGE EQUITY FUND

NOTICE TO THE SHAREHOLDERS OF CS INVESTMENT FUNDS 2 CREDIT SUISSE (LUX) GLOBAL PRESTIGE EQUITY FUND NOTICE TO THE SHAREHOLDERS OF CS INVESTMENT FUNDS 2 CREDIT SUISSE (LUX) GLOBAL PRESTIGE EQUITY FUND The Board of Directors of CS Investment Funds 2 (the "Company" or in short "CSIF2") hereby informs the

More information

CARMIGNAC EURO-PATRIMOINE

CARMIGNAC EURO-PATRIMOINE FCP in compliance with European standards Coordinated French mutual fund (FCP) Prospectus June 2013 Free translation 1 1. GENERAL CHARACTERISTICS Structure of the Fund French Mutual Fund (FCP) Name Legal

More information

Application Form. Subscription in EUR Direct via TARGET II Swift Code: BSUILULL

Application Form. Subscription in EUR Direct via TARGET II Swift Code: BSUILULL Application Form This form is for the exclusive use of investors (the Investor ) subscribing to Amundi Money Market Fund which has appointed AMUNDI Luxembourg as Management Company and CACEIS Bank Luxembourg

More information

Responses to investor questions on the mergers by absorption of Lyxor FTSE USA Minimum Variance UCITS ETF.

Responses to investor questions on the mergers by absorption of Lyxor FTSE USA Minimum Variance UCITS ETF. October 2017 Responses to investor questions on the mergers by absorption of Lyxor FTSE USA Minimum Variance UCITS ETF. Table of contents Key information on the merger 3 Lyxor FTSE USA Minimum Variance

More information

PROSPECTUS GENERAL CHARACTERISTICS. UCITS in compliance with European standards

PROSPECTUS GENERAL CHARACTERISTICS. UCITS in compliance with European standards UCITS in compliance with European standards PROSPECTUS The shares or units of the fund mentioned herein ("the Fund") have not been registered under the US Securities Act of 1933 and may not be offered

More information

HSBC AMANAH FUNDS HSBC AMANAH FUNDS. HSBC Amanah Global Equity. HSBC Amanah Global Equity. Simplified Prospectus December 2010 June 2011

HSBC AMANAH FUNDS HSBC AMANAH FUNDS. HSBC Amanah Global Equity. HSBC Amanah Global Equity. Simplified Prospectus December 2010 June 2011 Simplified Prospectus December 2010 June 2011 HSBC AMANAH FUNDS HSBC AMANAH FUNDS HSBC Amanah Global Equity HSBC Amanah Global Equity VISA 2011/75445-2740-9-PS L'apposition du visa ne peut en aucun cas

More information

HSBC GLOBAL INVESTMENT FUNDS European Equity High Dividend

HSBC GLOBAL INVESTMENT FUNDS European Equity High Dividend JUNE 2008 HSBC GLOBAL INVESTMENT FUNDS European Equity High Dividend Simplified Prospectus GEDI:813241v7 European Equity High Dividend Important information What does the Sub-Fund invest in? This simplified

More information

CARMIGNAC COURT TERME. PROSPECTUS June 2016 (Swiss Edition) French UCITS Under European Directive 2009/65/EC. Free translation

CARMIGNAC COURT TERME. PROSPECTUS June 2016 (Swiss Edition) French UCITS Under European Directive 2009/65/EC. Free translation CARMIGNAC COURT TERME French UCITS Under European Directive 2009/65/EC PROSPECTUS June 2016 (Swiss Edition) 1 I. GENERAL CHARACTERISTICS 1. Structure of the UCITS French Mutual Fund (FCP) 2. Name CARMIGNAC

More information

NOTICE TO SHAREHOLDERS OF. Nordea 1 Brazilian Equity Fund AND. Nordea 1 Latin American Equity Fund

NOTICE TO SHAREHOLDERS OF. Nordea 1 Brazilian Equity Fund AND. Nordea 1 Latin American Equity Fund NOTICE TO SHAREHOLDERS OF Nordea 1 Brazilian Equity Fund AND Fund It is brought to the attention of the shareholders of Nordea 1 Brazilian Equity Fund and Fund that the board of directors of (the Board

More information

SF (LUX) SICAV 1. Simplified Prospectus of the Subfund SF (LUX) SICAV 1 BMI Protected Global Growth Fund (USD) November 2009

SF (LUX) SICAV 1. Simplified Prospectus of the Subfund SF (LUX) SICAV 1 BMI Protected Global Growth Fund (USD) November 2009 Investment Company with Variable Capital Registered under Part I of the Luxembourg law of December 20, 2002 Simplified Prospectus of the Subfund SF (LUX) SICAV 1 BMI Protected Global Growth Fund (USD)

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared on: 14/06/2018 This Product Highlights Sheet is an important document. It highlights the key terms and risks of the Dynamic Diversified Portfolio (the "Portfolio"), a portfolio of AB 1 (the "Fund"),

More information

Are your bonds really green?

Are your bonds really green? Are your bonds really green? How the Solactive index chooses high quality green bonds This document is for the exclusive use of investors acting on their own account and categorised either as eligible

More information

FINALTIS EFFICIENT BETA EURO

FINALTIS EFFICIENT BETA EURO FINALTIS EFFICIENT BETA EURO SemiAnnual Report at 30 June 2016 Legal form: Manager: Fonds Communs de Placement (FCP or French law Mutual Fund) FINALTIS 63 Avenue Champs Elysées 75008 Paris Custodian: Statutory

More information

ABN AMRO FUNDS - EUROPE EQUITY GROWTH FUND

ABN AMRO FUNDS - EUROPE EQUITY GROWTH FUND ABN AMRO FUNDS - EUROPE EQUITY GROWTH FUND Sub-fund of ABN AMRO Funds, an Undertaking for Collective Investment in Transferable Securities under Luxemburg Law Simplified Prospectus October 2007 English

More information

DORVAL GLOBAL CONVICTIONS

DORVAL GLOBAL CONVICTIONS DORVAL GLOBAL CONVICTIONS PROSPECTUS UCITS governed by European Directive 2009/65/EC Page 1 DORVAL GLOBAL CONVICTIONS I. GENERAL CHARACTERISTICS Legal form Name: or the Fund Legal form: Dorval Global Convictions,

More information

HSBC International Select Fund MultiAlpha Europe Equity

HSBC International Select Fund MultiAlpha Europe Equity Simplified Prospectus SEPTEMBER 2011 HSBC International Select Fund MultiAlpha Europe Equity VISA 2011/80054-3213-9-PS L'apposition du visa ne peut en aucun cas servir d'argument de publicité Luxembourg,

More information

Anaxis Bond Opportunity US 2017

Anaxis Bond Opportunity US 2017 French FCP (mutual fund) Approval date: 23 November 2012 Publication date: 2nd February 2015 UCITS subject to European Directive 2009/65/EC Contents Section I: Prospectus Part A - General features Part

More information

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS in compliance with Directive 2009/65/CE

PROSPECTUS 1 GENERAL CHARACTERISTICS. UCITS in compliance with Directive 2009/65/CE UCITS in compliance with Directive 2009/65/CE PROSPECTUS The shares or units of the fund mentioned herein ("the Fund") have not been registered under the US Securities Act of 1933 and may not be offered

More information

FLORNOY VALEURS FAMILIALES Share -R- (ISIN: FR )

FLORNOY VALEURS FAMILIALES Share -R- (ISIN: FR ) FLORNOY VALEURS FAMILIALES Share -R- (ISIN: FR0011208297) Management Company: Flornoy & Associés Gestion Key investor information document This document provides you with key investor information about

More information

Notice to the shareholders

Notice to the shareholders Notice to the shareholders PARVEST SICAV under Luxembourg law UCITS class Registered Office: 10, Rue Edward Steichen, L-2540 Luxembourg Luxembourg Trade and Companies Register No. B 33.363 MERGERS NOTICE

More information

The Luxembourg 1988 Law on UCITS (Undertaking for Collective Investment in Transferable Securities) Part I

The Luxembourg 1988 Law on UCITS (Undertaking for Collective Investment in Transferable Securities) Part I The Luxembourg 1988 Law on UCITS (Undertaking for Collective Investment in Transferable Securities) Part I I. Introduction Agenda II. III. IV. Investment objectives Investors Strategies V. Launch process

More information

Prospectus 31 May 2018

Prospectus 31 May 2018 Amundi Funds II VISA 2018/112664-2211-0-PC L'apposition du visa ne peut en aucun cas servir d'argument de publicité Luxembourg, le 2018-06-01 Commission de Surveillance du Secteur Financier Prospectus

More information

EDMOND DE ROTHSCHILD INDIA (EdR India)

EDMOND DE ROTHSCHILD INDIA (EdR India) KEY INVESTOR INFORMATION This document provides you with key investor information about this UCITS. It is not marketing material. The information is required by law to help you understand the nature and

More information

ECHIQUIER FUND. Echiquier Agressor Fund. Echiquier Agenor Mid Cap Europe. Echiquier Arty Fund. Echiquier Global Leaders

ECHIQUIER FUND. Echiquier Agressor Fund. Echiquier Agenor Mid Cap Europe. Echiquier Arty Fund. Echiquier Global Leaders Société d'investissement à Capital Variable R.C.S. Luxembourg N B 180 751 (Unaudited) Semi-Annual Report as at June 30, 2016 Echiquier Agressor Fund Echiquier Agenor Mid Cap Europe Echiquier Arty Fund

More information

PROSPECTUS OCTOBER UBAM CONVERTIBLES Open-ended Mutual Investment Fund France Société d'investissement à Capital Variable France

PROSPECTUS OCTOBER UBAM CONVERTIBLES Open-ended Mutual Investment Fund France Société d'investissement à Capital Variable France PROSPECTUS OCTOBER 2014 UBAM CONVERTIBLES Open-ended Mutual Investment Fund France Société d'investissement à Capital Variable France 1 Subscriptions are only valid if they are based on the current prospectus,

More information

ASHMORE SICAV ( The Fund )

ASHMORE SICAV ( The Fund ) ASHMORE SICAV ( The Fund ) SIMPLIFIED PROSPECTUS dated November 2009 A SICAV established under the laws of Luxembourg on 19 December 2002 for an unlimited period of time This simplified prospectus contains

More information