The Jupiter Global Fund Jupiter Asia Pacific Income Jupiter Asset Management Limited Product Key Facts April 2018 PRODUCT KEY FACTS This statement provides you with key information about Jupiter Asia Pacific Income (the Fund ). This statement is a part of the offering documents. You should not invest in this product based on this statement alone. Quick Facts Management Company Jupiter Unit Trust Managers Limited Investment Manager (Internal delegation by Management Company) Jupiter Asset Management Limited, United Kingdom Depositary J.P. Morgan Bank Luxembourg S.A. Ongoing charges over a year*: Class L USD Acc: 1.72% Class L GBP Q Inc: 1.72% Class D USD Acc: 0.95% Class D GBP Acc: 0.95% * The ongoing charges figure is based on the expenses and the average NAV of the share class for the year ended 30 September 2017. This figure may vary from year to year. The Jupiter Global Fund s (the Company ) annual report for each financial year includes detail on the exact charges made. Dealing frequency/valuation Day Daily Base currency US Dollar Dividend policy: Class L: USD Acc: No dividends will be paid GBP Q Inc: Quarterly dividend #, if declared, will be reinvested, unless investors elect to receive their dividends in cash. Dividends may be paid effectively out of capital. # The Fund may at its discretion pay dividends out of gross income while charging / paying all or part of its fees and expenses from the capital of the Fund, resulting in an increase in distributable income for the payment of dividends by the relevant class and therefore, the relevant class may effectively pay dividends out of capital, which will result in an immediate reduction of the NAV per share. The Board of Directors may amend the dividend policy subject to prior approval of the SFC (if required) and by giving not less than one month s prior written notice to Shareholders. Class D: USD Acc/GBP Acc: No dividends will be paid Financial year end of this fund 30 September Minimum Investment Class L USD Acc US$1,000 US$50 Class L GBP Q Inc 1,000 50 Class D USD Acc US$1,000,000 US$100,000 Class D GBP Acc 1,000,000 100,000 What is this Product? The Fund is constituted in the form of a mutual fund, domiciled in Luxembourg and its home regulator is the Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objective and Investment Policy Investment Objective To achieve long term capital growth and income by investing primarily in quoted companies in any economic sector involved directly or indirectly in the Asian and Pacific Region (excluding Japan). Investment Policy The Fund will invest at least two-thirds of its net asset value in equity and equity related securities (including listed preference shares, listed convertible unsecured loan stock, listed warrants and other similar securities) of companies which: (i) have their registered office in the Asian and Pacific Region (excluding Japan); and/or (ii) conduct the predominant part of their economic activities in the Asian and Pacific Region (excluding Japan), in sectors and geographical areas which are considered by the Investment Manager to offer good prospects for capital growth and income, taking into account economic trends and business developments. The use of financial derivative instruments, including options, futures, portfolio swaps, and forward currency contracts, is restricted to hedging and Efficient Portfolio Management purposes only. The use of such instruments for efficient portfolio management purposes will be limited up to 20% of the net assets on any exposure and there may be significant periods of time where there is no use of financial derivative instruments for efficient portfolio management at all.
The Jupiter Global Fund Jupiter Asia Pacific Income Product Key Facts Investment Objective and Investment Policy continued Investment Policy continued Financial derivative instruments will not be used either extensively or primarily in order to achieve the Fund s investment objectives or for investment purposes. Nor will financial derivative instruments be used with the objective of introducing gearing into the Fund s investment portfolio. Investment Style The Fund will typically hold shares in 40-50 companies from across the Asian and Pacific Region (excluding Japan), including both developed and developing markets. The Investment Manager will focus on dividend-paying stocks of companies that are believed to be well-managed and well-positioned within their own industry, with pre-defined dividend ratios, scaleable business models and management that is committed to sharing profits with shareholders without sacrificing capital growth for income. Whilst seeking to deliver income, the Investment Manager also focuses on long term capital growth and may invest in stocks which might not have a high yield but are believed to provide capital appreciation over the long term. The Fund will be actively managed and will not be constrained by specific country or sector exposure limits. It is the intention of the Investment Manager to review a firm s business model prior to investment, evaluating the business, management, and long term potential for income and growth. The economic and political trends affecting each country s markets will also be considered, which means its overall strategy will take into account each country s individual strengths and weaknesses and potential impact to a company. This may result in the Fund holding very little or no shares in some of the Asian and Pacific Region s (excluding Japan) largest countries, companies, or sectors, if the Investment Manager feels the risks of investing in them outweigh the potential rewards. For the purposes of the above, the Asia and Pacific Region (excluding Japan) shall consist of all those countries which are included in the MSCI All Country Asia Pacific Ex-Japan Gross TR Index 1, at the time of the relevant investment. 1 The MSCI All Country Asia Pacific Ex-Japan Gross TR Index is referenced solely for the purpose of identifying the countries that the Investment Manager may invest in and, for the avoidance of doubt, the Investment Manager shall not be tied to investing in the constituent companies of such index. What are the Key Risks? Investment involves risks. The key risks associated with the Fund are set out below. Please refer to the offering documents for details of all the risk factors. 1. General investment risk The Fund is an investment fund. The Fund s investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal. 2. Risks related to investments in equities and equity-related securities The Fund s investment in equity securities and equityrelated securities is subject to general market risks, whose value may fluctuate due to various factors. Equities may be subject to strong price fluctuations, influenced by issuer-specific factors, changes in investment sentiment, the profits or otherwise of individual enterprises and sectors as well as macro-economic developments and political perspectives which determine the expectations of the securities markets and thus the movement of prices of the securities. The Fund s investment in equity-related securities is also subject to counterparty and liquidity risks. In addition, investment through equity-related securities may lead to a dilution of performance of the Fund when compared to a fund investing directly in the underlying equity securities due to, for example, the fees embedded in such equityrelated securities. Although the Fund will generally seek to invest in dividendpaying stocks of companies that are committed to sharing profits, it is not guaranteed that all underlying investments will generate dividends. To the extent that underlying investments of the Fund are income producing, the potential for capital growth may be reduced. Trading on a securities exchange in Asian and Pacific Region (excluding Japan) may be halted, suspended or limited pursuant to the securities exchange s rules. The government or the regulators in a country or region may also implement policies that may affect the financial markets. All these may have a negative impact on the Fund. High market volatility and potential settlement difficulties in the markets may also result in significant fluctuations in the prices of the securities traded on such markets and thereby may adversely affect the value of the Fund. 3. Risks related to geographical concentration The Fund will specialise in investing in a particular geographical region (i.e. Asian and Pacific Region (excluding Japan)) and is likely to be more volatile than funds with a broader range of investments. The value of the fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the Asian and Pacific Region (excluding Japan) market. 4. Risks related to investments in emerging and less developed markets The Fund invests in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility.
The Jupiter Global Fund Jupiter Asia Pacific Income Product Key Facts What are the Key Risks? 5. Risks related to use of financial derivative instruments for hedging / efficient portfolio management Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund s use of financial derivative instruments may become ineffective in hedging / efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/ component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. 6. Risks related to foreign currencies Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the NAV may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. The Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund. 7. Risks associated with distributions effectively out of capital Payment of dividends effectively out of capital amounts to a return or withdrawal of part of a shareholder s original investment or from any capital gains attributable to that original investment. Any dividends involving payment of dividends effectively out of the capital of the relevant class may result in an immediate reduction of the NAV per share of the relevant class. How has the Fund performed? 80% 60% 40% 20% 0% -20% -40% -46.8% 68.2% 19.9% -19.0% -60% 2008 2009 2010 2011 2012 2013 2014 2015 2016 21.7% 5.5% 4.7% The performance of these years were achieved under circumstances that no longer apply, the investment policy was changed in June 2016. Class L USD Acc -2.1% -5.5% 25.3% 2017 Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. These figures show by how much the share class increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Fund launch date: 30 September 2005 Class L USD Acc launch date: 5 October 2005 The Investment Manager views Class L USD Acc, being the retail share class denominated in the Fund s base currency and has the longest track record, as the most appropriate representative share class. Is there any Guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest.
The Jupiter Global Fund Jupiter Asia Pacific Income Product Key Facts What are the Fees and Charges? Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fee Initial charge (Subscription fee) Conversion fee (Switching fee) Redemption charge What you pay Up to 5% of NAV Up to 1% of NAV None Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the average monthly net asset value of the Fund, accrued daily) Investment Class L: Up to 1.5% Management fee Class D: Up to 0.75% Depositary fee Included in aggregate operating fee Performance fee None Administration fee Included in aggregate operating fee Aggregate operating fee Class L: Up to 0.22% Class D: Up to 0.2% Other fees You may have to pay other fees when dealing in the shares of the Fund. For further details please refer to page 59 of the Summary Prospectus. Additional Information Shares are generally bought and redeemed at the Fund s next-determined net asset value provided that the Administrator, J.P. Morgan Bank Luxembourg S.A., receives a valid dealing request in good order on or before 5.00 pm (Luxembourg time) on the business day before every Valuation Day (i.e. every business day in Luxembourg), being the dealing deadline. The Hong Kong Representative, JPMorgan Chase Bank, N.A. Hong Kong Branch/ local distributors may impose different dealing deadlines for receiving instructions for subscriptions, conversions and redemptions. The Administrator in Luxembourg will accept dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors if a day is a business day in Luxembourg but a public holiday in Hong Kong. Dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors on a business day in Hong Kong but a public holiday in Luxembourg will be processed on the next business day in Luxembourg. Compositions of the dividends (if any) (i.e. the relative amounts / percentages paid out of (i) net distributable income and (ii) capital) for the last 12 months are available from the Hong Kong Representative on request and also on the website www.jupiteram.com¹. The net asset value of the Fund is calculated and the price of shares is published each business day in Luxembourg. They are available online at www.jupiteram.com¹ and www.fundinfo.com¹ and at the registered office of the Company on every Valuation Day. Investors may obtain the past performance information of other share classes offered to Hong Kong investors from Jupiter Group s website (www.jupiteram.com¹). Price information is also available on request from the distributors and from the Administrator in Luxembourg. ¹ Please note that the contents of the above websites have not been reviewed or approved by the SFC. They may contain information of funds that are not authorised by the SFC and that may not be offered to the retail public in Hong Kong, and investors should exercise caution accordingly. Important If you are in any doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. 4274-04.18
The Jupiter Global Fund Jupiter China Select Jupiter Asset Management Limited Product Key Facts April 2018 PRODUCT KEY FACTS This statement provides you with key information about Jupiter China Select (the Fund ). This statement is a part of the offering documents. You should not invest in this product based on this statement alone. Quick Facts Management Company Jupiter Unit Trust Managers Limited Investment Manager (Internal delegation by Management Company) Jupiter Asset Management Limited, United Kingdom Depositary J.P. Morgan Bank Luxembourg S.A. Ongoing charges over a year*: Class L EUR Acc: 1.72% Class L USD Acc: 1.72% Class L GBP A Inc: 1.72% Class D EUR Acc: 0.95% Class D USD Acc: 0.95% Class D GBP Acc: 0.95% * The ongoing charges figure is based on the expenses and the average NAV of the share class for the year ended 30 September 2017. This figure may vary from year to year. The Jupiter Global Fund s (the Company ) annual report for each financial year includes detail on the exact charges made. Dealing frequency/valuation Day Daily Base currency US Dollar Dividend policy Class L: EUR Acc/USD Acc: No dividends will be paid GBP A Inc: Annual dividend, if declared, will be reinvested, unless investors elect to receive their dividends in cash Class D: EUR Acc/USD Acc/GBP Acc: No dividends will be paid Financial year end of this fund 30 September Minimum Investment Class L EUR Acc Class L USD Acc Class L GBP A Inc 1,000 50 US$1,000 US$50 1,000 50 Class D EUR Acc Class D USD Acc Class D GBP Acc 1,000,000 100,000 US$1,000,000 US$100,000 1,000,000 100,000 What is this Product? The Fund is constituted in the form of a mutual fund, domiciled in Luxembourg and its home regulator is the Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objective and Investment Policy Investment Objective To achieve long term capital growth by investing in companies in any economic sector involved directly or indirectly in Greater China. Investment Policy The Fund will seek to derive its returns through a portfolio of companies that conduct a material proportion of their business in Greater China and/or derive a material proportion of their earnings from activities in Greater China. The Fund will invest primarily (i.e. at least two-thirds of its net asset value) in equity and equity related securities (including listed preference shares, listed convertible unsecured loan stock, listed warrants and other similar securities) of companies which: (i) conduct a material proportion of their business in Greater China; and/or, (ii) derive a material proportion of their earnings from activities in Greater China. Subject to the limits set out in the Investment Restrictions, the Fund will have the ability to use financial derivative instruments, including options, futures, portfolio swaps, and forward currency contracts, for hedging and Efficient Portfolio Management purposes only. Financial derivative instruments will not be used either extensively or primarily in order to achieve the Fund s investment objectives or for investment purposes.
The Jupiter Global Fund Jupiter China Select Product Key Facts Investment Objective and Investment Policy continued Investment Style The Investment Manager focuses on companies that are undergoing some form of positive change, but where the potential for that change has not, at the point of investment, been reflected in the share price. The Investment Manager feels this change-based investment approach is the best lens through which to identify businesses with the ability to thrive in Greater China s rapidly changing economies. The Investment Manager takes an unconstrained, bottom-up approach to investing, utilising a disciplined and repeatable process. When evaluating companies for investment, while emphasis is made on underappreciated growth opportunities, stocks where a material turnaround in the company s business has been identified are also targeted. This approach means that as well as large and established businesses, the Fund may also invest in medium and smaller sized businesses that have the potential to grow in the long term in Greater China. What are the Key Risks? Investment involves risks. The key risks associated with the Fund are set out below. Please refer to the offering documents for details of all the risk factors. 1. General investment risk The Fund is an investment fund. The Fund s investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal. 2. Risks related to investments in equities and equity-related securities The Fund s investment in equity securities and equityrelated securities is subject to general market risks, whose value may fluctuate due to various factors. Equities may be subject to strong price fluctuations, influenced by issuer-specific factors, changes in investment sentiment, the profits or otherwise of individual enterprises and sectors as well as macro-economic developments and political perspectives which determine the expectations of the securities markets and thus the movement of prices of the securities. The Fund s investment in equity-related securities is also subject to counterparty and liquidity risks. In addition, investment through equity-related securities may lead to a dilution of performance of the Fund when compared to a fund investing directly in the underlying equity securities due to, for example, the fees embedded in such equity-related securities. The government or the regulators in a country or region may also implement policies that may affect the financial markets. All these may have a negative impact on the Fund. The stock of small-capitalisation/mid-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general. 3. Risks related to investments in China Trading on a securities exchange in Greater China may be halted, suspended or limited pursuant to the securities exchange s rules. High market volatility and potential settlement difficulties in the equity market in the PRC may also result in significant fluctuations in the prices of the securities traded on such markets and thereby may adversely affect the value of the Fund. Brokerage commissions, other transaction charges, and custody fees are generally higher in China than they are in Western securities markets. The securities market in China has investment restrictions imposed by the Chinese government. The Fund is restricted with the type of securities it may invest in for China A-Shares. Restrictions continue to exist and capital therefore cannot flow freely into the China A-Share market. As a result, it is possible that in the event of a market disruption, the liquidity of the China A-Share market and trading prices of China A-Shares could be more severely affected than the liquidity and trading prices of markets where securities are freely tradable and capital therefore flows more freely. 4. Risks related to geographical concentration The Fund will specialise in investing in a particular geographical region (i.e. Greater China) and is likely to be more volatile than funds with a broader range of investments. The value of the fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the markets of the Greater China. 5. Risks related to investments in Emerging and Less Developed Markets The Fund invests in emerging markets which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as liquidity risks, currency risks/control, political and economic uncertainties, legal and taxation risks, settlement risks, custody risk and the likelihood of a high degree of volatility. 6. Risks related to use of financial derivative instruments for hedging/efficient portfolio management Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund s use of financial derivative instruments may become ineffective in hedging /efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund.
The Jupiter Global Fund Jupiter China Select Product Key Facts What are the Key Risks? continued 7. Risks related to foreign currencies Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the NAV may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. The Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund. 8. Risks related to smaller companies The Fund invests in smaller companies, which can be less liquid than investments in larger companies and their prices can be more volatile to adverse economic developments than those of larger companies in general. Smaller companies can have fewer resources than larger companies to cope with unexpected adverse events. As such price fluctuations may have a greater impact on the Fund. How has the Fund performed? 50% 40% 30% 20% 10% 0% -10% -20% -30% -40% 6.3% -34.3% 20.0% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Class L USD Acc 32.0% -3.4% 0.4% -8.0% The performance of these years were achieved under circumstances that no longer apply, the investment policy was changed in July 2017. Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. 36.7% These figures show by how much the share class increased or decreased in value during the calendar year being shown. Performance data has been calculated in USD including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Where no past performance is shown there was insufficient data available in that year to provide performance. Fund launch date: 11 December 2009 Class L USD Acc launch date: 14 December 2009 The Investment Manager views Class L USD Acc being the retail share class denominated in the Fund s base currency and has the longest track record, as the most appropriate representative share class. Is there any Guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the Fees and Charges? Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fee Initial charge (Subscription fee) Conversion fee (Switching fee) Redemption charge What you pay Up to 5% of NAV Up to 1% of NAV None Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Annual rate (as a % of the net asset value of the Fund, accrued daily) Investment Class L: Up to 1.5% Management fee Class D: Up to 0.75% Depositary fee Included in aggregate operating fee Performance fee None Administration fee Included in aggregate operating fee Aggregate operating fee Class L: Up to 0.22% Class D: Up to 0.2% Other fees You may have to pay other fees when dealing in the shares of the Fund. For further details please refer to page 61 of the Summary Prospectus.
The Jupiter Global Fund Jupiter China Select Product Key Facts Additional Information Shares are generally bought and redeemed at the Fund s next-determined net asset value provided that the Administrator, J.P. Morgan Bank Luxembourg S.A., receives a valid dealing request in good order on or before 5.00 pm (Luxembourg time) on the business day before every Valuation Day (i.e. every business day in Luxembourg), being the dealing deadline. The Hong Kong Representative, JPMorgan Chase Bank, N.A. Hong Kong Branch /local distributors may impose different dealing deadlines for receiving instructions for subscriptions, conversions and redemptions. The Administrator in Luxembourg will accept dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors if a day is a business day in Luxembourg but a public holiday in Hong Kong. Dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors on a business day in Hong Kong but a public holiday in Luxembourg will be processed on the next business day in Luxembourg. The net asset value of the Fund is calculated and the price of shares is published each business day in Luxembourg. They are available online at www.jupiteram. com¹ and www.fundinfo.com¹ and at the registered office of the Company on every Valuation Day. Investors may obtain the past performance information of other share classes offered to Hong Kong investors from Jupiter Group s website (www.jupiteram.com¹). Price information is also available on request from the distributors and from the Administrator in Luxembourg. ¹ Please note that the contents of the above websites have not been reviewed or approved by the SFC. They may contain information of funds that are not authorised by the SFC and that may not be offered to the retail public in Hong Kong, and investors should exercise caution accordingly. Important If you are in any doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. 4282-04.18
The Jupiter Global Fund Jupiter Dynamic Bond Jupiter Asset Management Limited Product Key Facts April 2018 PRODUCT KEY FACTS This statement provides you with key information about Jupiter Dynamic Bond (the Fund ). This statement is a part of the offering documents You should not invest in this product based on this statement alone. Quick Facts Management Company Jupiter Unit Trust Managers Limited Investment Manager (Internal delegation by Management Company) Jupiter Asset Management Limited, United Kingdom Depositary J.P. Morgan Bank Luxembourg S.A. Ongoing charges over a year*: Class L EUR Q Inc: Class L USD Q Inc HSC: 1.45%* 1.45%* Class L GBP Q Inc HSC: 1.45%* Class L CHF Q Inc HSC: 1.45%* Class L EUR Acc: 1.45%* Class L USD Acc HSC: 1.45%* Class L GBP Acc HSC: 1.45%* Class L CHF Acc HSC: 1.45%* Class L SGD Acc HSC: 1.45%* Class L SEK Acc HSC: 1.45%* Class L AUD Acc HSC: 1.45%* Class L EUR Q Inc Dist: 1.45%* Class L USD M Inc HSC: 1.45%* Class L SGD M Inc HSC: 1.45%* Class L AUD M Inc HSC: 1.45%* Class L HKD Acc HSC: 1.45%+ Class L HKD M Inc Dist HSC: 1.45%+ Class D EUR Q Inc: 0.68%* Class D USD Q Inc HSC: 0.68%* Class D GBP Q Inc HSC: 0.68%* Class D CHF Q Inc HSC: 0.68%* Class D EUR Acc: 0.68%* Class D USD Acc HSC: 0.68%* Class D GBP Acc HSC: 0.68%* Class D CHF Acc HSC: 0.68%* Class D EUR Q Inc Dist: 0.68%* * The ongoing charges figure is based on the expenses and the average NAV of the share class for the year ended 30 September 2017. This figure may vary from year to year. The Jupiter Global Fund s (the Company ) annual report for each financial year includes detail on the exact charges made. + Since the relevant share class is newly launched, the ongoing charges figure is an estimate only. The ongoing charges figure is an estimate of the expenses and the average NAV of the share class over a 12-month period based on the information available. This figure may vary from year to year. Dividend policy Class L: EUR Q Inc/USD Q Inc HSC/GBP Q Inc HSC/CHF Q Inc HSC: Quarterly dividend #, if declared, will be reinvested, unless investors elect to receive their dividends in cash. EUR Acc/USD Acc HSC/GBP Acc HSC/ CHF Acc HSC/SGD Acc HSC/SEK Acc HSC/ AUD Acc HSC/HKD Acc HSC: No dividends will be paid EUR Q Inc Dist: Quarterly dividend #, if declared, with payment (i.e. no automatic reinvestment) by default USD M Inc HSC/SGD M Inc HSC/AUD M Inc HSC/HKD M Inc Dist HSC: Monthly dividend #, if declared, with automatic reinvestment by default Class D: EUR Q Inc/USD Q Inc HSC/GBP Q Inc HSC/ CHF Q Inc HSC: Quarterly dividend #, if declared, will be reinvested, unless investors elect to receive their dividends in cash EUR Acc/USD Acc HSC/GBP Acc HSC/CHF Acc HSC: No dividends will be paid EUR Q Inc Dist: Quarterly dividend #, if declared, with payment (i.e. no automatic reinvestment) by default # The Fund may at its discretion pay dividends out of gross income while charging/paying all or part of its fees and expenses from the capital of the Fund, resulting in an increase in distributable income for the payment of dividends by the relevant class and therefore, the relevant class may effectively pay dividends out of capital, which will result in an immediate reduction of the NAV per share. The Board of Directors may amend the dividend policy subject to prior approval of the SFC (if required) and by giving not less than one month s prior written notice to Shareholders. Financial year end of this fund 30 September Dealing frequency/valuation Day Daily Base currency Euro
The Jupiter Global Fund Jupiter Dynamic Bond Product Key Facts Quick Facts continued Minimum Investment Class L Class L EUR Q Inc/ USD Q Inc HSC/ EUR Acc: USD Acc HSC 1,000 50 Class L CHF Q Inc HSC/CHF Acc HSC CHF 1,000 CHF 50 Class L SGD M Inc HSC/SGD Acc HSC SGD 1,500 SGD 75 US$1,000 US$50 Class L EUR Q Inc Dist 1,000 50 Class L SEK Acc HSC SEK 12,000 SEK 600 Class L GBP Q Inc HSC/GBP Acc HSC 1,000 50 Class L USD M Inc HSC US$1,000 US$50 Class L AUD M Inc HSC/AUD Acc HSC AUD 2,000 AUD 100 Class D EUR Q Inc/EUR Acc 1,000,000 100,000 Class D CHF Q Inc HSC/CHF Acc HSC CHF 1,000,000 CHF 100,000 Class D USD Q Inc HSC/USD Acc HSC US$1,000,000 US$100,000 Class D EUR Q Inc Dist 1,000,000 100,000 Class D GBP Q Inc HSC/GBP Acc HSC 1,000,000 100,000 Class L HKD Acc HSC/ HKD M Inc Dist HSC HKD10,000 HKD500 What is this Product? The Fund is constituted in the form of a mutual fund, domiciled in Luxembourg and its home regulator is the Commission de Surveillance du Secteur Financier ( CSSF ). Investment Objective and Investment Policy Investment Objective To achieve a high income with the prospect of capital growth from a portfolio of investments in global fixed interest securities. Investment Policy The Fund will invest primarily in higher yielding assets including high yield bonds, investment grade bonds, government bonds, convertible bonds and other bonds (such as corporate bonds issued by companies domiciled in emerging markets). The manager will only enter into derivative transactions for the purpose of efficient management of the portfolio including, but not limited to, forward currency transactions to hedge exposures back into Euros, interest rate futures to hedge duration exposure and credit default swaps and options to hedge credit risk, and not for investment. The use of financial derivative instruments, including options, futures, portfolio swaps, forward currency contracts, is restricted to hedging and Efficient Portfolio Management purposes only. There may be significant periods of time where there is no use of financial derivative instruments for efficient portfolio management at all. Financial derivative instruments will not be used either extensively or primarily in order to achieve the Fund s investment objectives or for investment purposes. Nor will financial derivative instruments be used with the objective of introducing gearing into the Fund s investment portfolio.
The Jupiter Global Fund Jupiter Dynamic Bond Product Key Facts What are the Key Risks? Investment involves risks. The key risks associated with the Fund are set out below. Please refer to the offering documents for details of all the risk factors. 1. General investment risk The Fund is an investment fund. The Fund s investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal. 2. Risks related to investments in fixed-income securities The Fund is exposed to the credit/default risk of issuers of the fixed-income securities that the Fund may invest in. Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times. The credit rating of a fixed-income security or its issuer may subsequently be downgraded. In the event of such downgrading, the value of the Fund may be adversely affected. The Investment Manager may or may not be able to dispose of the fixed-income securities that are being downgraded. Price changes in fixed-income securities are influenced predominantly by interest rate developments in the capital markets, which in turn are influenced by macro-economic factors. Investment in the Fund is subject to interest rate risk. In general, the prices of fixed-income securities could suffer when capital market interest rates rise, while they could increase in value when capital market interest rates fall. The price changes also depend on the term or residual time to maturity of the fixed-income securities. Valuation of the Fund s investments may involve uncertainties and judgmental determinations. If such valuation turns out to be incorrect, this may affect the NAV of the Fund. 3. Risks related to investments in convertible securities Convertible bonds are a hybrid between debt and equity, corporate bonds with an option that allows an investor to convert the bond into shares at a given price at specified times during the life of the convertible bond. This exposure to equity movements can lead to more volatility than could be expected from a comparable conventional corporate bond, or straight bond investments in general. Investments in convertible bonds are subject to the same interest rate, credit, liquidity and prepayment risks associated with comparable conventional corporate bonds. Price changes in fixed-income securities are influenced significantly by interest rate developments in the capital markets, which in turn are influenced by macro-economic factors. The values of convertible securities also may be affected by changes in the credit rating, liquidity or financial condition of the issuer. The Fund may also be exposed to the credit and insolvency risks of the issuers of the securities. 4. Sovereign debt risks Any investment by the Fund in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers. 5. Risks related to use of financial derivative instruments for hedging/efficient portfolio management Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund s use of financial derivative instruments may become ineffective in hedging/efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/ component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. 6. Risks related to foreign currencies Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the investment returns may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. With the exception of those Share classes identified in the offering documents as being passive currency hedged (being the US Dollar, Sterling and Swiss Franc denominated classes), the Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund. 7. Risks associated with distributions effectively out of capital Payment of dividends effectively out of capital amounts to a return or withdrawal of part of a shareholder s original investment or from any capital gains attributable to that original investment. Any dividends involving payment of dividends effectively out of the capital of the relevant class may result in an immediate reduction of the NAV per share of the relevant class.
The Jupiter Global Fund Jupiter Dynamic Bond Product Key Facts How has the Fund performed? 10% 8% 6% 4% 2% 0% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Class L EUR Q Inc Past performance information is not indicative of future performance. Investors may not get back the full amount invested. The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. 7.9% 6.3% 1.5% 3.9% 1.5% These figures show by how much the share class increased or decreased in value during the calendar year being shown. Performance data has been calculated in EUR including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Where no past performance is shown there was insufficient data available in that year to provide performance. Fund launch date: 8 May 2012 Class L EUR Q Inc launch date: 8 May 2012 The Investment Manager views Class L EUR Q Inc, being the retail share class denominated in the Fund s base currency and has the longest track record, as the most appropriate representative share class. Is there any Guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the Fees and Charges? Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fee Initial charge (Subscription fee) Conversion fee (Switching fee) Redemption charge What you pay Up to 3% of NAV Up to 1% of NAV None Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Investment Management fee Depositary fee Performance fee Administration fee Aggregate operating fee Annual rate (as a % of the net asset value of the Fund, accrued daily) Class L: Up to 1.25% Class D: Up to 0.5% Included in aggregate operating fee None Included in aggregate operating fee Class L: Up to 0.2% Class D: Up to 0.18% Other fees You may have to pay other fees when dealing in the shares of the Fund. For further details please refer to page 64 of the Summary Prospectus.
The Jupiter Global Fund Jupiter Dynamic Bond Product Key Facts Additional Information Shares are generally bought and redeemed at the Fund s next-determined net asset value provided that the Administrator, J.P. Morgan Bank Luxembourg S.A., receives a valid dealing request in good order on or before 1.00 pm (Luxembourg time) on every business day in Luxembourg, being the dealing deadline. The Hong Kong Representative, JPMorgan Chase Bank, N.A. Hong Kong Branch/ local distributors may impose different dealing deadlines for receiving instructions for subscriptions, conversions and redemptions. The Administrator in Luxembourg will accept dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors if a day is a business day in Luxembourg but a public holiday in Hong Kong. Dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors on a business day in Hong Kong but a public holiday in Luxembourg will be processed on the next business day in Luxembourg. Compositions of the dividends (if any) (i.e. the relative amounts/percentages paid out of (i) net distributable income and (ii) capital) for the last 12 months are available from the Hong Kong Representative on request and also on the website www.jupiteram.com¹. The net asset value of the Fund is calculated and the price of shares is published each business day in Luxembourg. They are available online at www.jupiteram. com¹ and www.fundinfo.com¹ and at the registered office of the Company on every Valuation Day. Investors may obtain the past performance information of other share classes offered to Hong Kong investors from Jupiter Group s website (www.jupiteram.com¹). Price information is also available on request from the distributors and from the Administrator in Luxembourg. ¹ Please note that the contents of the above websites have not been reviewed or approved by the SFC. They may contain information of funds that are not authorised by the SFC and that may not be offered to the retail public in Hong Kong, and investors should exercise caution accordingly. Important If you are in any doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. 4296-04.18
The Jupiter Global Fund Jupiter European Growth Jupiter Asset Management Limited Product Key Facts April 2018 PRODUCT KEY FACTS This statement provides you with key information about Jupiter European Growth (the Fund ). This statement is a part of the offering documents. You should not invest in this product based on this statement alone. Quick Facts Management Company Jupiter Unit Trust Managers Limited Investment Manager (Internal delegation by Management Company) Jupiter Asset Management Limited, United Kingdom Depositary J.P. Morgan Bank Luxembourg S.A. Ongoing charges over a year*: Class L EUR Acc: 1.72%* Class L USD Acc HSC: 1.72%* Class L GBP A Inc: 1.72%* Class L EUR A Inc Dist: 1.72%* Class L HKD Acc HSC: 1.72%+ Class D EUR Acc: 0.95%* Class D USD Acc HSC: 0.95%* Class D GBP Acc: 0.95%* Class D EUR A Inc Dist: 0.95%* * The ongoing charges figure is based on the expenses and the average NAV of the share class for the year ended 30 September 2017. This figure may vary from year to year. The Jupiter Global Fund s (the Company ) annual report for each financial year includes detail on the exact charges made. +Since the relevant share class is newly launched, the ongoing charges figure is an estimate only. The ongoing charges figure is an estimate of the expenses and the average NAV of the share class over a 12-month period based on the information available. This figure may vary from year to year. Financial year end of this fund 30 September Minimum Investment Class L EUR Acc/EUR A Inc Dist 1,000 50 Class L HKD Acc HSC: HKD 10,000 HKD 500 Class D EUR Acc/EUR A Inc Dist Class L GBP A Inc: 1,000 50 Class D GBP Acc Class L USD Acc HSC US$1,000 US$50 Class D USD Acc HSC US$1,000,000 1,000,000 1,000,000 US$100,000 100,000 100,000 Dealing frequency/valuation Day Daily Base currency Euro Dividend policy Class L EUR Acc/USD Acc HSC/HKD Acc HSC: No dividends will be paid GBP A Inc: Annual dividend, if declared, will be reinvested, unless investors elect to receive their dividends in cash EUR A Inc Dist: Annual dividend, if declared, with payment (i.e. no automatic reinvestment) by default Class D EUR Acc/USD Acc HSC/GBP Acc: No dividends will be paid EUR A Inc Dist: Annual dividend, if declared, with payment (i.e. no automatic reinvestment) by default What is this Product? The Fund is constituted in the form of a mutual fund, domiciled in Luxembourg and its home regulator is the Commission de Surveillance du Secteur Financier ( CSSF ).
The Jupiter Global Fund Jupiter European Growth Product Key Facts Investment Objective and Investment Policy Investment Objective To achieve long term capital growth by exploiting special investment opportunities in Europe. Investment Policy The Fund will invest primarily in equity and equity related securities (including listed preference shares, listed convertible unsecured loan stock, listed warrants and other similar securities). The Fund will also invest, at all times, at least two thirds of its total assets (excluding liquid assets) in securities of issuers which have their registered office in Europe or exercise the predominant part of their economic activities in Europe (including UK) and which are considered by the Investment Manager to be undervalued or otherwise to offer good prospects for capital growth. The use of financial derivative instruments, including options, futures, portfolio swaps, and forward currency contracts, is restricted to hedging and Efficient Portfolio Management purposes only. There may be significant periods of time where there is no use of financial derivative instruments for efficient portfolio management at all. Financial derivative instruments will not be used either extensively or primarily in order to achieve the Fund s investment objectives or for investment purposes. Nor will financial derivative instruments be used with the objective of introducing gearing into the Fund s investment portfolio. Investment Style The Investment Manager will adopt a primarily bottom up approach to selecting investments for the Fund. The Investment Manager runs a concentrated portfolio of stocks, typically between 40 and 50. He looks to hold these stocks for the long term and the fund, therefore, tends to have a low turnover. The Investment Manager looks to buy companies with a good record, a proven product and business model, combined with evidence of entrepreneurial endeavour and the prospects of above average growth opportunities. Geographical and sector weightings play little part in the investment strategy. Instead, he builds his portfolios around companies whose products or services are in universal demand and are not especially price-sensitive. Almost invariably, he seeks to invest in companies whose prospects depend, as far as is reasonably possible, on their own efforts and not on external factors. What are the Key Risks? Investment involves risks. The key risks associated with the Fund are set out below. Please refer to the offering documents for details of all the risk factors. 1. General investment risk The Fund is an investment fund. The Fund s investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal. 2. Risks related to investments in equities and equity-related securities The Fund s investment in equity securities and equityrelated securities is subject to general market risks, whose value may fluctuate due to various factors. Equities may be subject to strong price fluctuations, influenced by issuer-specific factors, changes in investment sentiment, the profits or otherwise of individual enterprises and sectors as well as macro-economic developments and political perspectives which determine the expectations of the securities markets and thus the movement of prices of the securities. The Fund s investment in equity-related securities is also subject to counterparty and liquidity risks. In addition, investment through equity-related securities may lead to a dilution of performance of the Fund when compared to a fund investing directly in the underlying equity securities due to, for example, the fees embedded in such equity-related securities. 3. Risks related to use of financial derivative instruments for hedging/efficient portfolio management Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund s use of financial derivative instruments may become ineffective in hedging /efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/ component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund. 4. Risks related to foreign currencies Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the NAV may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. The Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund. 5. Risks related to the European sovereign risks crisis The Fund invests in equity or equity-related securities which the issuers have their registered office or exercise the predominant part of their economic activities in Europe. In light of the current fiscal conditions and ongoing concerns on the sovereign debt risk of certain European countries and certain countries within the Eurozone, there is an increased amount of volatility, liquidity, currency, default, price and foreign exchange risk associated with investments in Europe. The performance of the Fund could deteriorate significantly should there be any adverse credit events (e.g. downgrade of the sovereign credit rating of a European country) occurred.
The Jupiter Global Fund Jupiter European Growth Product Key Facts What are the Key Risks? continued 6. Risks related to geographical concentration The Fund will specialise in investing in a particular geographical region (i.e. Europe) and is likely to be more volatile than funds with a broader range of investments. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the European markets. 7. Risks related to stock concentration The Fund tends to invest in fewer companies and may be more volatile than a broadly diversified one. How has the Fund performed? 60% 52.4% The computation basis of the performance is based on the calendar year end, NAV-To-NAV, with dividend reinvested. 40% 20% 0% -20% -40% -60% -42.7% 25.9% Class L EUR Acc -12.9% 30.4% 19.4% 12.4% 29.8% -10.8% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Past performance information is not indicative of future performance. Investors may not get back the full amount invested. 19.9% These figures show by how much the share class increased or decreased in value during the calendar year being shown. Performance data has been calculated in EUR including ongoing charges and excluding subscription fee and redemption fee you might have to pay. Fund launch date: 21 August 2006 Class L EUR Acc launch date: 21 September 2006 The Investment Manager views Class L EUR Acc, being the retail share class denominated in the Fund s base currency and has the longest track record, as the most appropriate representative share class. Is there any Guarantee? The Fund does not have any guarantees. You may not get back the full amount of money you invest. What are the Fees and Charges? Charges which may be payable by you You may have to pay the following fees when dealing in the shares of the Fund. Fee Initial charge (Subscription fee) Conversion fee (Switching fee) Redemption charge What you pay Up to 5% of NAV Up to 1% of NAV None Other fees You may have to pay other fees when dealing in the shares of the Fund. For further details please refer to page 67 of the Summary Prospectus Ongoing fees payable by the Fund The following expenses will be paid out of the Fund. They affect you because they reduce the return you get on your investments. Investment Management fee Depositary fee Performance fee Administration fee Aggregate operating fee Annual rate (as a % of the net asset value of the Fund, accrued daily) Class L: Up to 1.5% Class D: Up to 0.75% Included in aggregate operating fee None Included in aggregate operating fee Class L: Up to 0.22% Class D: Up to 0.2%
The Jupiter Global Fund Jupiter European Growth Product Key Facts Additional Information Shares are generally bought and redeemed at the Fund s next-determined net asset value provided that the Administrator, J.P. Morgan Bank Luxembourg S.A., receives a valid dealing request in good order on or before 1.00 pm (Luxembourg time) on every business day in Luxembourg, being the dealing deadline. The Hong Kong Representative, JPMorgan Chase Bank, N.A. Hong Kong Branch/ local distributors may impose different dealing deadlines for receiving instructions for subscriptions, conversions and redemptions. The Administrator in Luxembourg will accept dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors if a day is a business day in Luxembourg but a public holiday in Hong Kong. Dealing requests (for subscriptions, conversions and redemptions) submitted directly from Hong Kong investors on a business day in Hong Kong but a public holiday in Luxembourg will be processed on the next business day in Luxembourg. The net asset value of the Fund is calculated and the price of shares is published each business day in Luxembourg. They are available online at www.jupiteram.com¹ and www.fundinfo.com¹ and at the registered office of the Company on every Valuation Day. Investors may obtain the past performance information of other share classes offered to Hong Kong investors from Jupiter Group s website (www.jupiteram.com¹). Price information is also available on request from the distributors and from the Administrator in Luxembourg. ¹ Please note that the contents of the above websites have not been reviewed or approved by the SFC. They may contain information of funds that are not authorised by the SFC and that may not be offered to the retail public in Hong Kong, and investors should exercise caution accordingly. Important If you are in any doubt, you should seek professional advice. The SFC takes no responsibility for the contents of this statement and makes no representation as to its accuracy or completeness. 4276-04.18
The Jupiter Global Fund Jupiter Global Emerging Markets Equity Unconstrained Jupiter Asset Management Limited Product Key Facts April 2018 PRODUCT KEY FACTS This statement provides you with key information about Jupiter Global Emerging Markets Equity Unconstrained (the Fund ). This statement is a part of the offering documents. You should not invest in this product based on this statement alone. Quick Facts Management Company Jupiter Unit Trust Managers Limited Investment Manager (Internal delegation by Management Company) Jupiter Asset Management Limited, United Kingdom Depositary J.P. Morgan Bank Luxembourg S.A. Ongoing charges over a year*: Class L EUR A Inc HSC: 1.72% Class L USD A Inc: 1.72% Class L GBP A Inc HSC: 1.72% Class L EUR A Inc Dist HSC: 1.72% Class D EUR A Inc HSC: 0.95% Class D USD A Inc: 0.95% Class D GBP A Inc HSC: 0.95% Class D EUR A Inc Dist HSC: 0.95% Class L EUR Acc HSC: 1.72% Class L USD Acc: 1.72% Class L GBP Acc HSC: 1.72% Class D EUR Acc HSC: 0.95% Class D USD Acc: 0.95% Class D GBP Acc HSC: 0.95% * The ongoing charges figure is based on the expenses and the average NAV of the share class for the year ended 30 September 2017. This figure may vary from year to year. The Jupiter Global Fund s (the Company ) annual report for each financial year includes detail on the exact charges made. Dealing frequency/valuation Day Daily Base currency US Dollar Dividend policy Class L: EUR Acc HSC/USD Acc/GBP Acc HSC: No dividends will be paid EUR A Inc HSC/USD A Inc/GBP A Inc HSC: Annual dividend, if declared, will be reinvested, unless investors elect to receive their dividends in cash EUR A Inc Dist HSC: Annual dividend, if declared, will be paid Class D: EUR Acc HSC/USD Acc/GBP Acc HSC: No dividends will be paid EUR A Inc HSC/USD A Inc/GBP A Inc HSC: Annual dividend, if declared, will be reinvested, unless investors elect to receive their dividends in cash EUR A Inc Dist HSC: Annual dividend, if declared, will be paid Financial year end of this fund 30 September Minimum Investment Class L: EUR A Inc HSC/EUR A Inc Dist HSC/EUR Acc HSC: 1,000 50 Class L: USD A Inc/USD Acc: US$1,000 US$50 Class L: GBP A Inc HSC/GBP Acc HSC: 1,000 50 Class D: EUR A Inc HSC/EUR A Inc Dist HSC/EUR Acc HSC: 1,000,000 100,000 Class D: USD A Inc/USD Acc: US$1,000,000 US$100,000 Class D: GBP A Inc HSC/GBP Acc HSC: 1,000,000 100,000 What is this Product? The Fund is constituted in the form of a mutual fund, domiciled in Luxembourg and its home regulator is the Commission de Surveillance du Secteur Financier ( CSSF ).