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 VAT no.: FR 51384940342 Registered office: 22 rue Vernier 75017 PARIS
KEY INVESTOR INFORMATION This document provides key investor information about this fund. It is not marketing material. The information it contains is provided to you under a statutory obligation, to help you understand what an investment in this fund means and what risks are associated with that investment. You are advised to read it so you can make your investment decision in full knowledge of the facts. Objectives and investment policy R UNITS - FR0010058164 This UCITS is managed by OFI ASSET MANAGEMENT. AMF classification: Diversified Management objective: The management objective of the Fund is to achieve performance above or equal to the EONIA over the recommended investment term, through implementation of a decorrelated strategy of the main asset classes, with volatility in the region of 5%. The AMF would like to remind potential subscribers that the performance and volatility objective, shown in the Management Objective section, is based on the occurrence of market scenarios established by the management company, and does not in any event constitute a guarantee of return or performance or volatility of the mutual investment fund. Benchmark: The management objective concerns the achievement of an absolute performance, reached through the use of alternative investment strategies described below. The performance of this fund is not therefore assessed according to changes in a benchmark. However, over a minimum investment horizon of 3 years, the performance of the Fund may be compared, after the event, to the Capitalised EONIA. The EONIA is the benchmark of the money market of the eurozone. Management strategy: The Management Company seeks to achieve the management objective by implementing alternative management strategies. Allocation of the portfolio between the different strategies and choice of instruments in order to implement those strategies, are carried out by the Management Company, based on expectations and quantitative and qualitative analyses of the relative prices of these instruments. This will depend on market conditions, and on prospects, as the management company assesses these at its discretion, within the framework of the processes described below. The strategies are implemented in developed countries, as defined by the MSCI Developed Market Index. On a secondary basis, exposure to other geographic zones is authorised on the fund. The list of the countries making up the index is dynamic - a breakdown of countries is given in the prospectus. Investments concern all sectors and all types of capitalisation of these markets. The different strategies are grouped into 5 sub-categories: - Strategies of arbitrage on mergers and acquisitions - Strategies of arbitrage on conglomerate discounts - Strategies of arbitrage between different unit categories - Market Neutral strategies - Treasury and Foreign Exchange The sensitivity of bond instruments, which may be used in the context of the strategies listed above, may be between 0 and 10. However, the residual sensitivity of the Fund to this type of instrument shall be between 0 and 1, taking account of the sensitivity of the instruments used by the arbitrage strategies and of the sensitivity of the instruments used in the context of cash. For the strategy as a whole, the specific instruments used are: - Convertible bonds: Arbitrage - Warrants: Arbitrage - Contingent value rights, subscription warrants: Arbitrage - OTC stock options: Arbitrage - CFD (Contract for Difference): Arbitrage - CDS: Arbitrage, hedging against credit risk Redemption conditions: The frequency of calculation of the net asset value is daily; the NAV is calculated every trading day in Paris, with the exception of statutory public holidays in France. The investor has the option of subscribing to or obtaining redemption of his units on request, from the Depositary, each valuation day up to 12:00 pm for execution on the net asset value calculated the same day, at an unknown price. Dividends are capitalised. Recommendation: The recommended investment term is 3 years. This product is aimed at investors who have enough experience to be able to evaluate the merits and risks, and who do not require immediate liquidity of their investment. It may not suit investors who intend recovering their money within 3 years. Risk and reward profile This synthetic indicator has been calculated based on the estimate of historic volatility of weekly performances of the unit over a 5-year period. The UCITS risk is currently level 4 of the synthetic indicator. This intermediate risk level can be explained by the nature of the strategies implemented, these being less volatile than the share markets. Significant risk for the UCITS not taken into account in the indicator Furthermore, since the fund can be invested in bonds, debt securities and money market instruments, it is exposed to the credit risk in the event of downgrading of the credit quality or in the absence of issuers of stocks held in the portfolio. And lastly, the sub-fund is exposed to the risk associated with the use of derivative products, in particular on account of: - the option for the fund of being exposed to the markets through contracts for differences, acquisition transactions or temporary share assignment transactions. - the hedging against interest rate and foreign exchange risks realised through currency futures and currency or interest rate swaps. Historic data, such as those used to calculate the summary indicator, might not constitute a faithful indication of the future risk profile of your UCITS. It is not certain that the risk and reward category posted will remain unchanged, the classification of your UCITS then being likely to change over time. The lowest category is not synonymous with risk-free investment. You can get more detailed information about the risk and reward profile in the full prospectus available from the Management Company OFI ASSET MANAGEMENT. OFI ASSET MANAGEMENT Page 1 of 2
Fees Fees and commissions paid serve to cover the operating costs of the UCITS, including the costs of marketing and distribution of the units; these fees reduce the potential growth of investments. One-off fees collected before or after your investment Entry fees 3% maximum Exit fees 1% maximum The entry and exit fees mentioned are given as maximums. In some cases, the investor may pay less; his adviser or his distributor can provide him with the actual total of entry or exit fees. Entry fees are collected before your capital is invested and before the income from your investment is distributed to you. Fees taken from the fund over a year Running costs 1 1.20% Fees taken from the fund in certain circumstances Outperformance fee 20% incl. tax of performance above the capitalised EONIA +2% (1) Running costs: This figure is based on the costs of the previous financial year, ended in December 2016. This percentage can vary from year to year. The costs relating to the outperformance commission during the financial year ended in December 2016 total 0.01%. Running costs do not include: outperformance commission and brokerage fees except in the case of entry and/or exit fees paid by the UCITS when it buys or sells units in another collective investment scheme. For more information about fees, please refer to page 10 of the prospectus for this UCITS, available at www.ofi-am.fr Past performance Benchmark: Not applicable Any entry fees collected are not taken into account in the calculation of performance. Running costs and outperformance commission are taken into account in the calculation of performance. This UCITS was created on 12/03/2004. Currency used for calculations: EUR Significant changes in the last 10 years: 1. 09/08/2010: UCITS revision: new management objective and benchmark: to achieve a performance above or equal to the EONIA - Reduction of maximum management fees to 1.35% - Modification of variables fees, changing to 20% incl. tax of performance above the capitalised EONIA +2%, new recommended investment term: 3 years - Shift to ABSOLUTE VAR probability method Warning: past performance is no guarantee of future performance. Practical information Name of depositary: SOCIETE GENERALE PARIS Additional information (unit value, full prospectus, annual reports) is available free of charge: on simple written request to the Management Company OFI ASSET MANAGEMENT, a management company registered by the Commission des opérations de bourse [Financial Services Authority] on 15/07/1992 under no. GP 92-12, sent to: OFI ASSET MANAGEMENT - 22 rue Vernier - 75017 PARIS the following e-mail address: contact@ofi-am.fr. You can also contact our Sales Department on +33 (0)1 40 68 17 10. This information is available in the following languages: French The tax arrangement for income and capital gains from the UCITS depends on the specific situation of the investor and on his country of residence for tax purposes. We recommend that you ask your usual tax adviser for information about this. The liability of the Management Company OFI ASSET MANAGEMENT can only be invoked on the basis of statements contained in this document which are misleading, inaccurate or inconsistent with the corresponding parts of the UCITS prospectus. Other information about the Management Company and its UCITS is available at the following address: www.ofi-am.fr. In order to allow unit-holders who so wish to respond to specific needs and, for example, to comply with the regulations applicable to them, the management company will, within a reasonable timeframe, send any unit-holder requesting it, the necessary information, in compliance with the rules of good conduct provided for by the regulations. This UCITS is registered in France and regulated by the Autorité des Marchés Financiers. OFI ASSET MANAGEMENT is registered in France and regulated by the Autorité des Marchés Financiers. The key investor information provided here is accurate as at: 03/10/2017. OFI ASSET MANAGEMENT Page 2 of 2
KEY INVESTOR INFORMATION This document provides key investor information about this fund. It is not marketing material. The information it contains is provided to you under a statutory obligation, to help you understand what an investment in this fund means and what risks are associated with that investment. You are advised to read it so you can make your investment decision in full knowledge of the facts. I UNITS - FR0011025188 This UCITS is managed by OFI ASSET MANAGEMENT Objectives and investment policy AMF classification: Diversified Management objective: The management objective of the Fund is to achieve performance above or equal to the EONIA over the recommended investment term, through implementation of a decorrelated strategy of the main asset classes, with volatility in the region of 5%. The AMF would like to remind potential subscribers that the performance and volatility objective, shown in the Management Objective section, is based on the occurrence of market scenarios established by the management company and does not in any event constitute a guarantee of return or performance or volatility of the mutual investment fund. Benchmark: The management objective concerns the achievement of an absolute performance, reached through the use of alternative investment strategies described below. The performance of this fund is not therefore assessed according to changes in a benchmark. However, over a minimum investment horizon of 3 years, the performance of the Fund may be compared, after the event, to the Capitalised EONIA. The EONIA is the benchmark of the money market of the eurozone. Management strategy: The Management Company seeks to achieve the management objective by implementing alternative management strategies. Allocation of the portfolio between the different strategies and choice of instruments in order to implement those strategies, are carried out by the Management Company, based on expectations and quantitative and qualitative analyses of the relative prices of these instruments. This will depend on market conditions, and on prospects, as the management company assesses these at its discretion, within the framework of the processes described below. The strategies are implemented in developed countries, as defined by the MSCI Developed Market Index. On a secondary basis, exposure to other geographic zones is authorised on the fund. The list of the countries making up the index is dynamic - a breakdown of countries is given in the prospectus. Investments concern all sectors and all types of capitalisation of these markets. The different strategies are grouped into 5 sub-categories: - Strategies of arbitrage on mergers and acquisitions - Strategies of arbitrage on conglomerate discounts - Strategies of arbitrage between different unit categories - Market Neutral strategies - Treasury and Foreign Exchange The sensitivity of bond instruments, which may be used in the context of the strategies listed above, may be between 0 and 10. However, the residual sensitivity of the Fund to this type of instrument shall be between 0 and 1, taking account of the sensitivity of the instruments used by the arbitrage strategies and of the sensitivity of the instruments used in the context of cash. For the strategy as a whole, the specific instruments used are: - Convertible bonds: Arbitrage - Warrants: Arbitrage - Contingent value rights, subscription warrants: Arbitrage - OTC stock options: Arbitrage - CFD (Contract for Difference): Arbitrage - CDS: Arbitrage, hedging against credit risk Redemption conditions: The frequency of calculation of the net asset value is daily; the NAV is calculated every trading day in Paris, with the exception of statutory public holidays in France. The investor has the option of subscribing to or obtaining redemption of his units on request, from the Depositary, each valuation day up to 12:00 pm for execution on the net asset value calculated the same day, at an unknown price. Dividends are capitalised. Recommendation: The recommended investment term is 3 years. This product is aimed at investors who have enough experience to be able to evaluate the merits and risks, and who do not require immediate liquidity of their investment. It may not suit investors who intend recovering their money within 3 years. Risk and reward profile This synthetic indicator has been calculated based on the estimate of historic volatility of weekly performances of the unit over a 5-year period. The UCITS risk is currently level 3 of the synthetic indicator. This intermediate risk level can be explained by the nature of the strategies implemented, these being less volatile than the share markets. Significant risk for the UCITS not taken into account in the indicator Furthermore, since the fund can be invested in bonds, debt securities and money market instruments, it is exposed to the credit risk in the event of downgrading of the credit quality or in the absence of issuers of stocks held in the portfolio. And lastly, the sub-fund is exposed to the risk associated with the use of derivative products, in particular on account of: - the option for the fund of being exposed to the markets through contracts for differences, acquisition transactions or temporary share assignment transactions. - the hedging against interest rate and foreign exchange risks realised through currency futures and currency or interest rate swaps. Historic data, such as those used to calculate the summary indicator, might not constitute a faithful indication of the future risk profile of your UCITS. It is not certain that the risk and reward category posted will remain unchanged, the classification of your UCITS then being likely to change over time. The lowest category is not synonymous with risk-free investment. You can get more detailed information about the risk and reward profile in the full prospectus available from the Management Company OFI ASSET MANAGEMENT. OFI ASSET MANAGEMENT Page 1 of 2
Fees Fees and commissions paid serve to cover the operating costs of the UCITS, including the costs of marketing and distribution of the units; these fees reduce the potential growth of investments. One-off fees collected before or after your investment Entry fees Exit fees 3% maximum 1% maximum The entry and exit fees mentioned are given as maximums. In some cases, the investor may pay less; his adviser or his distributor can provide him with the actual total of entry or exit fees. Entry fees are collected before your capital is invested and before the income from your investment is distributed to you. Fees taken from the fund over a year Running costs 1 0.80% Fees taken from the fund in certain circumstances Outperformance fee 20% incl. tax of performance above the capitalised EONIA +2% Running costs 1 : This figure is based on the costs of the previous financial year, ended in December 2016. This percentage can vary from year to year. No costs relating to the outperformance commission were collected during the financial year ended in December 2016. Running costs do not include: outperformance commission and brokerage fees except in the case of entry and/or exit fees paid by the UCITS when it buys or sells units in another collective investment scheme. For more information about fees, please refer to page 10 of the prospectus for this UCITS, available at www.ofi-am.fr Past performance Benchmark: Not applicable Any entry fees collected are not taken into account in the calculation of performance. Running costs and outperformance commission are taken into account in the calculation of performance. This UCITS was created on 12/03/2004. The XL units were created on 25/03/2011 - Currency used for calculations: EUR Significant changes in the last five years: Nil. Warning: past performance is no guarantee of future performance. Practical information Name of depositary: SOCIETE GENERALE PARIS Units reserved for Subscribers with a minimum subscription amount of EUR 3,000,000 Additional information (unit value, full prospectus, annual reports) is available free of charge: on simple written request to the Management Company OFI ASSET MANAGEMENT, a management company registered by the Commission des opérations de bourse [Financial Services Authority] on 15/07/1992 under no. GP 92-12, sent to: OFI ASSET MANAGEMENT - 22 rue Vernier - 75017 PARIS the following e-mail address: contact@ofi-am.fr. You can also contact our Sales Department on +33 (0)1 40 68 17 10. This information is available in the following languages: French The tax arrangement for income and capital gains from the UCITS depends on the specific situation of the investor and on his country of residence for tax purposes. We recommend that you ask your usual tax adviser for information about this. The liability of the Management Company OFI ASSET MANAGEMENT can only be invoked on the basis of statements contained in this document which are misleading, inaccurate or inconsistent with the corresponding parts of the UCITS prospectus. Other information about the Management Company and its UCITS is available at the following address: www.ofi-am.fr. In order to allow unit-holders who so wish to respond to specific needs and, for example, to comply with the regulations applicable to them, the management company will, within a reasonable timeframe, send any unit-holder requesting it, the necessary information, in compliance with the rules of good conduct provided for by the regulations. This UCITS is registered in France and regulated by the Autorité des Marchés Financiers. OFI ASSET MANAGEMENT is registered in France and regulated by the Autorité des Marchés Financiers. The key investor information provided here is accurate as at: 03/10/2017. OFI ASSET MANAGEMENT Page 2 of 2
KEY INVESTOR INFORMATION This document provides key investor information about this fund. It is not marketing material. The information it contains is provided to you under a statutory obligation, to help you understand what an investment in this fund means and what risks are associated with that investment. You are advised to read it so you can make your investment decision in full knowledge of the facts. GI UNIT - FR0013275062 This UCITS is managed by OFI ASSET MANAGEMENT Objectives and investment policy AMF classification: Diversified Management objective: The management objective of the Fund is to achieve performance above or equal to the EONIA over the recommended investment term, through implementation of a decorrelated strategy of the main asset classes, with volatility in the region of 5%. The AMF would like to remind potential subscribers that the performance and volatility objective, shown in the Management Objective section, is based on the occurrence of market scenarios established by the management company and does not in any event constitute a guarantee of return or performance or volatility of the mutual investment fund. Benchmark: The management objective concerns the achievement of an absolute performance, reached through the use of alternative investment strategies described below. The performance of this fund is not therefore assessed according to changes in a benchmark. However, over a minimum investment horizon of 3 years, the performance of the Fund may be compared, after the event, to the Capitalised EONIA. The EONIA is the benchmark of the money market of the eurozone. Management strategy: The Management Company seeks to achieve the management objective by implementing alternative management strategies. Allocation of the portfolio between the different strategies and choice of instruments in order to implement those strategies, are carried out by the Management Company, based on expectations and quantitative and qualitative analyses of the relative prices of these instruments. This will depend on market conditions, and on prospects, as the management company assesses these at its discretion, within the framework of the processes described below. The strategies are implemented in developed countries, as defined by the MSCI Developed Market Index. On a secondary basis, exposure to other geographic zones is authorised on the fund. The list of the countries making up the index is dynamic - a breakdown of countries is given in the prospectus. Investments concern all sectors and all types of capitalisation of these markets. The different strategies are grouped into 5 sub-categories: - Strategies of arbitrage on mergers and acquisitions - Strategies of arbitrage on conglomerate discounts - Strategies of arbitrage between different unit categories - Market Neutral strategies - Treasury and Foreign Exchange The sensitivity of bond instruments, which may be used in the context of the strategies listed above, may be between 0 and 10. However, the residual sensitivity of the Fund to this type of instrument shall be between 0 and 1, taking account of the sensitivity of the instruments used by the arbitrage strategies and of the sensitivity of the instruments used in the context of cash. For the strategy as a whole, the specific instruments used are: - Convertible bonds: Arbitrage - Warrants: Arbitrage - Contingent value rights, subscription warrants: Arbitrage - OTC stock options: Arbitrage - CFD (Contract for Difference): Arbitrage - CDS: Arbitrage, hedging against credit risk Redemption conditions: The frequency of calculation of the net asset value is daily; the NAV is calculated every trading day in Paris, with the exception of statutory public holidays in France. The investor has the option of subscribing to or obtaining redemption of his units on request, from the Depositary, each valuation day up to 12:00 pm for execution on the net asset value calculated the same day, at an unknown price. Dividends are capitalised. Recommendation: The recommended investment term is 3 years. This product is aimed at investors who have enough experience to be able to evaluate the merits and risks, and who do not require immediate liquidity of their investment. It may not suit investors who intend recovering their money within 3 years. Risk and reward profile This synthetic indicator has been calculated based on the estimate of historic volatility of weekly performances of the unit over a 5-year period. The UCITS risk is currently level 3 of the synthetic indicator. This intermediate risk level can be explained by the nature of the strategies implemented, these being less volatile than the share markets. Significant risk for the UCITS not taken into account in the indicator Furthermore, since the fund can be invested in bonds, debt securities and money market instruments, it is exposed to the credit risk in the event of downgrading of the credit quality or in the absence of issuers of stocks held in the portfolio. And lastly, the sub-fund is exposed to the risk associated with the use of derivative products, in particular on account of: - the option for the fund of being exposed to the markets through contracts for differences, acquisition transactions or temporary share assignment transactions. - the hedging against interest rate and foreign exchange risks realised through currency futures and currency or interest rate swaps. Historic data, such as those used to calculate the summary indicator, might not constitute a faithful indication of the future risk profile of your UCITS. It is not certain that the risk and reward category posted will remain unchanged, the classification of your UCITS then being likely to change over time. The lowest category is not synonymous with risk-free investment. You can get more detailed information about the risk and reward profile in the full prospectus available from the Management Company OFI ASSET MANAGEMENT. OFI ASSET MANAGEMENT Page 1 of 2
Fees Fees and commissions paid serve to cover the operating costs of the UCITS, including the costs of marketing and distribution of the units; these fees reduce the potential growth of investments. One-off fees collected before or after your investment Entry fees Exit fees 2% maximum N/A The entry and exit fees mentioned are given as maximums. In some cases, the investor may pay less; his adviser or his distributor can provide him with the actual total of entry or exit fees. Entry fees are collected before your capital is invested and before the income from your investment is distributed to you. Fees taken from the fund over a year Running costs 1 1.15% Fees taken from the fund in certain circumstances Outperformance fee - Past performance Recently created units mean it is not possible to show past performance. Running costs 1 : Annualised estimate based on the expected total of fees for the last trading day worked in December 2017 Running costs do not include: outperformance commission and brokerage fees except in the case of entry and/or exit fees paid by the UCITS when it buys or sells units in another collective investment scheme. For more information about fees, please refer to page 10 of the prospectus for this UCITS, available at www.ofi-am.fr Benchmark: Not applicable Any entry fees collected are not taken into account in the calculation of performance. Running costs and outperformance commission are taken into account in the calculation of performance. This UCITS was created on 12/03/2004. The GI units were created on 28/082017 - Currency used for calculations: EUR Significant changes in the last five years: Nil. Practical information Name of depositary: SOCIETE GENERALE PARIS Units reserved for sale in Germany with a minimum initial subscription amount of EUR 3,000,000 Warning: past performance is no guarantee of future performance. Additional information (unit value, full prospectus, annual reports) is available free of charge: on simple written request to the Management Company OFI ASSET MANAGEMENT, a management company registered by the Commission des opérations de bourse [Financial Services Authority] on 15/07/1992 under no. GP 92-12, sent to: OFI ASSET MANAGEMENT - 22 rue Vernier - 75017 PARIS the following e-mail address: contact@ofi-am.fr. You can also contact our Sales Department on +33 (0)1 40 68 17 10. This information is available in the following languages: French The tax arrangement for income and capital gains from the UCITS depends on the specific situation of the investor and on his country of residence for tax purposes. We recommend that you ask your usual tax adviser for information about this. The liability of the Management Company OFI ASSET MANAGEMENT can only be invoked on the basis of statements contained in this document which are misleading, inaccurate or inconsistent with the corresponding parts of the UCITS prospectus. Other information about the Management Company and its UCITS is available at the following address: www.ofi-am.fr. In order to allow unit-holders who so wish to respond to specific needs and, for example, to comply with the regulations applicable to them, the management company will, within a reasonable timeframe, send any unit-holder requesting it, the necessary information, in compliance with the rules of good conduct provided for by the regulations. This UCITS is registered in France and regulated by the Autorité des Marchés Financiers. OFI ASSET MANAGEMENT is registered in France and regulated by the Autorité des Marchés Financiers. The key investor information provided here is accurate as at: 03/10/2017. OFI ASSET MANAGEMENT Page 2 of 2
KEY INVESTOR INFORMATION This document provides key investor information about this fund. It is not marketing material. The information it contains is provided to you under a statutory obligation, to help you understand what an investment in this fund means and what risks are associated with that investment. You are advised to read it so you can make your investment decision in full knowledge of the facts. GR UNIT - FR0013275070 This UCITS is managed by OFI ASSET MANAGEMENT Objectives and investment policy AMF classification: Diversified Management objective: The management objective of the Fund is to achieve performance above or equal to the EONIA over the recommended investment term, through implementation of a decorrelated strategy of the main asset classes, with volatility in the region of 5%. The AMF would like to remind potential subscribers that the performance and volatility objective, shown in the Management Objective section, is based on the occurrence of market scenarios established by the management company and does not in any event constitute a guarantee of return or performance or volatility of the mutual investment fund. Benchmark: The management objective concerns the achievement of an absolute performance, reached through the use of alternative investment strategies described below. The performance of this fund is not therefore assessed according to changes in a benchmark. However, over a minimum investment horizon of 3 years, the performance of the Fund may be compared, after the event, to the Capitalised EONIA. The EONIA is the benchmark of the money market of the eurozone. Management strategy: The Management Company seeks to achieve the management objective by implementing alternative management strategies. Allocation of the portfolio between the different strategies and choice of instruments in order to implement those strategies, are carried out by the Management Company, based on expectations and quantitative and qualitative analyses of the relative prices of these instruments. This will depend on market conditions, and on prospects, as the management company assesses these at its discretion, within the framework of the processes described below. The strategies are implemented in developed countries, as defined by the MSCI Developed Market Index. On a secondary basis, exposure to other geographic zones is authorised on the fund. The list of the countries making up the index is dynamic - a breakdown of countries is given in the prospectus. Investments concern all sectors and all types of capitalisation of these markets. The different strategies are grouped into 5 sub-categories: - Strategies of arbitrage on mergers and acquisitions - Strategies of arbitrage on conglomerate discounts - Strategies of arbitrage between different unit categories - Market Neutral strategies - Treasury and Foreign Exchange The sensitivity of bond instruments, which may be used in the context of the strategies listed above, may be between 0 and 10. However, the residual sensitivity of the Fund to this type of instrument shall be between 0 and 1, taking account of the sensitivity of the instruments used by the arbitrage strategies and of the sensitivity of the instruments used in the context of cash. For the strategy as a whole, the specific instruments used are: - Convertible bonds: Arbitrage - Warrants: Arbitrage - Contingent value rights, subscription warrants: Arbitrage - OTC stock options: Arbitrage - CFD (Contract for Difference): Arbitrage - CDS: Arbitrage, hedging against credit risk Redemption conditions: The frequency of calculation of the net asset value is daily; the NAV is calculated every trading day in Paris, with the exception of statutory public holidays in France. The investor has the option of subscribing to or obtaining redemption of his units on request, from the Depositary, each valuation day up to 12:00 pm for execution on the net asset value calculated the same day, at an unknown price. Dividends are capitalised. Recommendation: The recommended investment term is 3 years. This product is aimed at investors who have enough experience to be able to evaluate the merits and risks, and who do not require immediate liquidity of their investment. It may not suit investors who intend recovering their money within 3 years. Risk and reward profile This synthetic indicator has been calculated based on the estimate of historic volatility of weekly performances of the unit over a 5-year period. The UCITS risk is currently level 3 of the synthetic indicator. This intermediate risk level can be explained by the nature of the strategies implemented, these being less volatile than the share markets. Significant risk for the UCITS not taken into account in the indicator Furthermore, since the fund can be invested in bonds, debt securities and money market instruments, it is exposed to the credit risk in the event of downgrading of the credit quality or in the absence of issuers of stocks held in the portfolio. And lastly, the sub-fund is exposed to the risk associated with the use of derivative products, in particular on account of: - the option for the fund of being exposed to the markets through contracts for differences, acquisition transactions or temporary share assignment transactions. - the hedging against interest rate and foreign exchange risks realised through currency futures and currency or interest rate swaps. Historic data, such as those used to calculate the summary indicator, might not constitute a faithful indication of the future risk profile of your UCITS. It is not certain that the risk and reward category posted will remain unchanged, the classification of your UCITS then being likely to change over time. The lowest category is not synonymous with risk-free investment. You can get more detailed information about the risk and reward profile in the full prospectus available from the Management Company OFI ASSET MANAGEMENT. OFI ASSET MANAGEMENT Page 1 of 2
Fees Fees and commissions paid serve to cover the operating costs of the UCITS, including the costs of marketing and distribution of the units; these fees reduce the potential growth of investments. One-off fees collected before or after your investment Entry fees Exit fees 2% maximum N/A The entry and exit fees mentioned are given as maximums. In some cases, the investor may pay less; his adviser or his distributor can provide him with the actual total of entry or exit fees. Entry fees are collected before your capital is invested and before the income from your investment is distributed to you. Fees taken from the fund over a year Running costs 1 1.55% Fees taken from the fund in certain circumstances Outperformance fee - Past performance Recently created units mean it is not possible to show past performance. Running costs 1 : Annualised estimate based on the expected total of fees for the last trading day worked in December 2017 Running costs do not include: outperformance commission and brokerage fees except in the case of entry and/or exit fees paid by the UCITS when it buys or sells units in another collective investment scheme. For more information about fees, please refer to page 10 of the prospectus for this UCITS, available at www.ofi-am.fr Benchmark: Not applicable Any entry fees collected are not taken into account in the calculation of performance. Running costs and outperformance commission are taken into account in the calculation of performance. This UCITS was created on 12/03/2004. The GR units were created on 28/08/2017 - Currency used for calculations: EUR Significant changes in the last five years: Nil. Practical information Name of depositary: SOCIETE GENERALE PARIS Units reserved for sale in Germany with a minimum initial subscription amount of EUR 50,000 Warning: past performance is no guarantee of future performance. Additional information (unit value, full prospectus, annual reports) is available free of charge: on simple written request to the Management Company OFI ASSET MANAGEMENT, a management company registered by the Commission des opérations de bourse [Financial Services Authority] on 15/07/1992 under no. GP 92-12, sent to: OFI ASSET MANAGEMENT - 22 rue Vernier - 75017 PARIS the following e-mail address: contact@ofi-am.fr. You can also contact our Sales Department on +33 (0)1 40 68 17 10. This information is available in the following languages: French The tax arrangement for income and capital gains from the UCITS depends on the specific situation of the investor and on his country of residence for tax purposes. We recommend that you ask your usual tax adviser for information about this. The liability of the Management Company OFI ASSET MANAGEMENT can only be invoked on the basis of statements contained in this document which are misleading, inaccurate or inconsistent with the corresponding parts of the UCITS prospectus. Other information about the Management Company and its UCITS is available at the following address: www.ofi-am.fr. In order to allow unit-holders who so wish to respond to specific needs and, for example, to comply with the regulations applicable to them, the management company will, within a reasonable timeframe, send any unit-holder requesting it, the necessary information, in compliance with the rules of good conduct provided for by the regulations. This UCITS is registered in France and regulated by the Autorité des Marchés Financiers. OFI ASSET MANAGEMENT is registered in France and regulated by the Autorité des Marchés Financiers. The key investor information provided here is accurate as at: 03/10/2017. OFI ASSET MANAGEMENT Page 2 of 2
KEY INVESTOR INFORMATION This document provides key investor information about this fund. It is not marketing material. The information it contains is provided to you under a statutory obligation, to help you understand what an investment in this fund means and what risks are associated with that investment. You are advised to read it so you can make your investment decision in full knowledge of the facts. EI C EUR UNIT - FR0013242419 This UCITS is managed by OFI ASSET MANAGEMENT Objectives and investment policy AMF classification: Diversified Management objective: The management objective of the Fund is to achieve performance above or equal to the EONIA over the recommended investment term, through implementation of a decorrelated strategy of the main asset classes, with volatility in the region of 5%. The AMF would like to remind potential subscribers that the performance and volatility objective, shown in the Management Objective section, is based on the occurrence of market scenarios established by the management company and does not in any event constitute a guarantee of return or performance or volatility of the mutual investment fund. Benchmark: The management objective concerns the achievement of an absolute performance, reached through the use of alternative investment strategies described below. The performance of this fund is not therefore assessed according to changes in a benchmark. However, over a minimum investment horizon of 3 years, the performance of the Fund may be compared, after the event, to the Capitalised EONIA. The EONIA is the benchmark of the money market of the eurozone. Management strategy: The Management Company seeks to achieve the management objective by implementing alternative management strategies. Allocation of the portfolio between the different strategies and choice of instruments in order to implement those strategies, are carried out by the Management Company, based on expectations and quantitative and qualitative analyses of the relative prices of these instruments. This will depend on market conditions, and on prospects, as the management company assesses these at its discretion, within the framework of the processes described below. The strategies are implemented in developed countries, as defined by the MSCI Developed Market Index. On a secondary basis, exposure to other geographic zones is authorised on the fund. The list of the countries making up the index is dynamic - a breakdown of countries is given in the prospectus. Investments concern all sectors and all types of capitalisation of these markets. The different strategies are grouped into 5 sub-categories: - Strategies of arbitrage on mergers and acquisitions - Strategies of arbitrage on conglomerate discounts - Strategies of arbitrage between different unit categories - Market Neutral strategies - Treasury and Foreign Exchange The sensitivity of bond instruments, which may be used in the context of the strategies listed above, may be between 0 and 10. However, the residual sensitivity of the Fund to this type of instrument shall be between 0 and 1, taking account of the sensitivity of the instruments used by the arbitrage strategies and of the sensitivity of the instruments used in the context of cash. For the strategy as a whole, the specific instruments used are: - Convertible bonds: Arbitrage - Warrants: Arbitrage - Contingent value rights, subscription warrants: Arbitrage - OTC stock options: Arbitrage - CFD (Contract for Difference): Arbitrage - CDS: Arbitrage, hedging against credit risk Redemption conditions: The frequency of calculation of the net asset value is daily; the NAV is calculated every trading day in Paris, with the exception of statutory public holidays in France. The investor has the option of subscribing to or obtaining redemption of his units on request, from the Depositary, each valuation day up to 12:00 pm for execution on the net asset value calculated the same day, at an unknown price. Dividends are capitalised. Recommendation: The recommended investment term is 3 years. This product is aimed at investors who have enough experience to be able to evaluate the merits and risks, and who do not require immediate liquidity of their investment. It may not suit investors who intend recovering their money within 3 years. Risk and reward profile This synthetic indicator has been calculated based on the estimate of historic volatility of weekly performances of the unit over a 5-year period. The UCITS risk is currently level 3 of the synthetic indicator. This intermediate risk level can be explained by the nature of the strategies implemented, these being less volatile than the share markets. Significant risk for the UCITS not taken into account in the indicator Furthermore, since the fund can be invested in bonds, debt securities and money market instruments, it is exposed to the credit risk in the event of downgrading of the credit quality or in the absence of issuers of stocks held in the portfolio. And lastly, the sub-fund is exposed to the risk associated with the use of derivative products, in particular on account of: - the option for the fund of being exposed to the markets through contracts for differences, acquisition transactions or temporary share assignment transactions. - the hedging against interest rate and foreign exchange risks realised through currency futures and currency or interest rate swaps. Historic data, such as those used to calculate the summary indicator, might not constitute a faithful indication of the future risk profile of your UCITS. It is not certain that the risk and reward category posted will remain unchanged, the classification of your UCITS then being likely to change over time. The lowest category is not synonymous with risk-free investment. You can get more detailed information about the risk and reward profile in the full prospectus available from the Management Company OFI ASSET MANAGEMENT. OFI ASSET MANAGEMENT Page 1 of 2
Fees Fees and commissions paid serve to cover the operating costs of the UCITS, including the costs of marketing and distribution of the units; these fees reduce the potential growth of investments. One-off fees collected before or after your investment Entry fees Exit fees 3% maximum 1% maximum The entry and exit fees mentioned are given as maximums. In some cases, the investor may pay less; his adviser or his distributor can provide him with the actual total of entry or exit fees. Entry fees are collected before your capital is invested and before the income from your investment is distributed to you. Fees taken from the fund over a year Running costs 1 0.90% Fees taken from the fund in certain circumstances Outperformance fee Past performance 20% incl. tax of performance above the capitalised EONIA +2% Recently created units mean it is not possible to show past performance. Running costs 1 : Annualised estimate based on the expected total of fees for the last trading day worked in December 2017 Running costs do not include: outperformance commission and brokerage fees except in the case of entry and/or exit fees paid by the UCITS when it buys or sells units in another collective investment scheme. For more information about fees, please refer to page 10 of the prospectus for this UCITS, available at www.ofi-am.fr Benchmark: Not applicable Any entry fees collected are not taken into account in the calculation of performance. Running costs and outperformance commission are taken into account in the calculation of performance. This UCITS was created on 12/03/2004. The EI C EU units were created on 15/05/2017 - Currency used for calculations: EUR Significant changes in the last five years: Nil. Practical information Warning: past performance is no guarantee of future performance. Name of depositary: SOCIETE GENERALE PARIS Units reserved for investors who subscribe via the EURONEXT FUND SERVICES marketing platform with a minimum subscription amount of 3,000,000 EUR. Additional information (unit value, full prospectus, annual reports) is available free of charge: on simple written request to the Management Company OFI ASSET MANAGEMENT, a management company registered by the Commission des opérations de bourse [Financial Services Authority] on 15/07/1992 under no. GP 92-12, sent to: OFI ASSET MANAGEMENT - 22 rue Vernier - 75017 PARIS the following e-mail address: contact@ofi-am.fr. You can also contact our Sales Department on +33 (0)1 40 68 17 10. This information is available in the following languages: French The tax arrangement for income and capital gains from the UCITS depends on the specific situation of the investor and on his country of residence for tax purposes. We recommend that you ask your usual tax adviser for information about this. The liability of the Management Company OFI ASSET MANAGEMENT can only be invoked on the basis of statements contained in this document which are misleading, inaccurate or inconsistent with the corresponding parts of the UCITS prospectus. Other information about the Management Company and its UCITS is available at the following address: www.ofi-am.fr. In order to allow unit-holders who so wish to respond to specific needs and, for example, to comply with the regulations applicable to them, the management company will, within a reasonable timeframe, send any unit-holder requesting it, the necessary information, in compliance with the rules of good conduct provided for by the regulations. This UCITS is registered in France and regulated by the Autorité des Marchés Financiers. OFI ASSET MANAGEMENT is registered in France and regulated by the Autorité des Marchés Financiers. The key investor information provided here is accurate as at: 03/10/2017. OFI ASSET MANAGEMENT Page 2 of 2
I. General Characteristics 1/ STRUCTURE OF THE UCITS Name: (the "Fund") Legal structure and Member State in which the UCITS was constituted: Mutual fund under French law. Date of creation and envisaged duration: The Fund was created on 12 March 2004 for a term of 99 years. Summary of management offer: Characteristics Units ISIN code Allocation of distributable sums Currency Subscribers concerned Minimum initial Subscription Amount R FR0010058164 Capitalization EUR All subscribers EUR 50,000 I FR0011025188 Capitalization EUR Subscribers with a minimum subscription amount of EUR 3,000,000 (three million euros) EUR 3,000,000 (*) GI FR0013275062 Capitalization EUR Units reserved for sale in Germany EUR 3,000,000 (*) (**) GR FR0013275070 Capitalization EUR Units reserved for sale in Germany EUR 50,000 Units ISIN code Allocation of distributable sums Currency Subscribers concerned Minimum amount for any Subscription EI C EUR FR0013242419 Capitalization EUR Units reserved for investors who subscribe via the EURONEXT FUND SERVICES marketing platform EUR 3,000,000 (*) or the equivalent in whole units (determined based on the last known net asset value) (*) For the I - EI C EUR and GI units, it is stated that in the case of subscriptions by more than one company belonging to the same group, within the meaning of Article L.233-3 I. of the Commercial Code, compliance with this minimum subscription shall be assessed by accumulating the subscriptions of the various companies of that group. Similarly, in the case of subscriptions by more than one UCI managed by the same management company, compliance with this minimum subscription shall be assessed by accumulating the different subscriptions of the UCIs of the said Management Company. (**) For the GI units, the initial minimum subscription amount shall not apply to the following entities who may only subscribe for one unit: - The Fund s Management Company or an entity belonging to the same group ; - The Depository or an entity belonging to the same group ; - The promoter of the Fund or an entity belonging to the same group. OFI ASSET MANAGEMENT Page 1 of 25