VISA 2016/102903-7089-0-PC L'apposition du visa ne peut en aucun cas servir d'argument de publicité Luxembourg, le 2016-04-11 Commission de Surveillance du Secteur Financier
Contents 4 Definitions 7 Interpretation Rules 12 Management and Administration 13 Prospectus 15 1. Principal Features 15 1.1. Structure...15 1.2. Sub-Funds and Share Classes...15 2. Investment Objective of the Sub-Funds 18 2.1. Pooling and Co Management...18 3. Investment Policy and Restrictions - Risk Factors - Risk Management 19 4. Derivative instruments 25 5. Efficient portfolio management techniques 27 6. Management of collateral for OTC financial derivative transactions and efficient portfolio management techniques 28 7. Risk Factors 31 7.1. Market risk...31 7.2. Emerging and Frontier Markets Risk...31 7.3. Interest rate risk...32 7.4. Defaulted Debt Securities risk...32 7.5. Credit risk...32 7.6. Foreign exchange risk...32 7.7. Counterparty risk...32 7.8. Sovereign Risk...33 7.9. Liquidity risk...33 7.10. Volatility...33 7.11. Investing in Equity Securities...34 7.12. Risk relating to investing in certain geographical area or with particular style or theme...34 7.13. Operational risks...34 7.14. Risks associated with investment in Rule 144A Securities...34 7.15. Force majeure risk...34 7.16. Risk relating to active management...34 7.17. Securities lending and repurchase transactions...34 7.18. Financial derivative instruments...35 7.19. Risks Relating to Investments on other UCI...36 7.20. Risks Relating to Investments in CoCos...37 7.21. Risks Relating to investing in China A-shares...37 7.22. Risks in relation to index tracking and anticipated Tracking Error...40 7.23. Index Disruption Risk...41 8. Risk Management 41 9. Management Company 42 10. Investment Manager, Sub-Investment Managers and Sub-Investment Advisors 43 10.1. The Investment Managers...43
10.2. The Sub-Investment Managers...44 10.3. The Sub-Investment Advisors...44 11. Custodian and Principal Paying Agent 45 12. Central Administration 45 13. Domiciliary Agent 46 14. Registrar Agent 46 15. Distribution of the Shares 46 16. The Shares 46 17. Issue and Sale of Shares 47 17.1. Continuous Offering...47 17.2. Fight against the Money Laundering...48 18. Redemption of Shares 48 19. Conversion of Shares 50 20. Restrictions on Subscription and Conversion of Shares of certain Sub-Funds 50 21. Prevention of market timing and late trading practices 50 21.1. Market Timing...50 21.2. Late Trading...51 22. Determination of the Net Asset Value 51 23. Temporary Suspension of the Calculation 53 24. Distribution Policy 53 25. Charges and Expenses 54 25.1. Charges and Expenses payable by the Fund...54 25.2. Other Information relating to Fees...55 25.3. Fees and Expenses Payable by Investors...55 26. Taxation 56 26.1. The Fund...56 26.2. The Shareholders...56 26.3. Savings Directive...57 26.4. FATCA Foreign Account Tax Compliance Act...58 26.5. China...59 27. General Information and Documents for Inspection 61 27.1. Meetings of, and Reports to Shareholders...61 27.2. Information notices...62 27.3. Conflict of interest...62 27.4. Exercise of voting rights...63 27.5. Documents and other information Available...63 27.6. Data Protection and telephone recording...63 28. Dissolution and Liquidation of the Fund 64 29. Termination of Sub-Funds 64 30. Merger of the Fund and of Sub-Funds 65 30.1. Mergers of the Fund decided by the Board of Directors...65 30.2. Mergers of Sub-Fund decided by the Board of Directors...65 Appendices to the Prospectus 67 Aktiv Förmögenhetsförvaltning...68 Eastern Europe...71 Emerging and Frontier Markets...74
Emerging Markets Debt Hard Currency...78 Euro High Yield Bond...81 Europa (SEK)...85 Europe...88 Europe Absolute...91 Europe Long-Short Dynamic...95 Europe Long-Short Dynamic Plus...100 Germany...104 Global Emerging Markets Leaders...107 Global High Dividend...110 Global Inflation Linked Bond...114 Global Inflation Linked Bond Short Duration...117 Nordic Corporate Bond...120 Sverige...123 Sverige Europa...126 Sverige Fokus...129 Sverige Kort Ränta...132 Sverige Ränta...135 Sverige Real Ränta...138 US High Yield Bond...141 Global Index...144 SRI Global...147 Sverige Beta...150
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