Frequently Asked Questions

Short summary of your key rights as a Shareholder in the Company for the purposes of the European Union Cross Border Distribution Regulation (Regulation (EU) 2019/1156)

Please refer to the Company’s prospectus for further details in respect of the Company and each of its Sub-Funds. Capitalized terms used on this webpage have the same meaning given to them in the prospectus of the Fund (the “Prospectus“).

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What are My Investor Rights?

Unitholder Rights – If you are a Unitholder in any Sub-Fund of the Fund and these Units are registered in your name on the relevant Unitholder register, you will have certain Unitholder rights which you can exercise. This may include rights to dividends declared by the Management Company or to a proportion of net proceeds on the liquidation of the Fund.

Investor Rights Under Your Contract With the Fund – As an investor in the Fund, and depending on how you invested, you may have certain investor rights arising under contract between yourself and the Fund.

For further details on these rights, please refer in particular to the Prospectus and to the contractual documentation which you completed in order to make your investment.

Additional Investor Rights Arising from Local Laws – Depending on how you invested in the Fund, you may be entitled to avail of certain domestic protections and rights to compensation claims deriving from our local legislation. For further details on such rights, please refer to your local investor compensation website, if available.

Collective Redress – In the event you perceive you have suffered a loss, you may have a right to seek redress on a collective basis through a collective redress mechanism which has been made available in your local jurisdiction you are based in and the location of the contract formed with the Fund and how you invested in the Fund. For further details on such rights, please refer to the website of your local regulator.

The European Union has introduced legislation to support the ability for consumers to take representative action across the EU. This piece of legislation is due to be implemented into local law by the end of December 2022 and we will update this summary with further rights as they arise in due course.

More details on Unitholder rights are set out in the Prospectus and incorporation documents for the Fund.

Right to Participate in the Investments of the Company and to Receive Distributions – Each Shareholder has the right to (i) participate in the gains or losses in accordance with the investment objective and policy of the relevant Sub-Fund proportionally to the Shareholder’s shareholding and (ii) receive distributions if provided for the specific class of shares held by the Shareholder. Shareholders do not have any direct rights on the assets held within the portfolio of the Sub-Funds but can only participate indirectly in the variation of the value of these assets through their holding of shares. Although the Company constitutes one single entity, the assets of a Sub-Fund are exclusively available to investors and creditors of that Sub-Fund.

Right to Redeem Shares – Each Shareholder has the right to request the Company to redeem his/her/its share(s), subject to any applicable charges and the terms of the redemption process set out in the prospectus of the Company.

Right to Receive Information – Each Shareholder has the right to receive information, such as the Company’s annual and semi-annual financial statements. Further information about the Company and the Sub-Fund(s) in which the Shareholder has invested may be available upon request.

Right to Attend and Vote at Shareholders’ Meetings – Each Shareholder has the right to receive notice of, attend in person or by proxy and vote at general meetings of the Company, if the investor is registered herself/himself/itself under her/his/its own name in the register of Shareholders of the Company. Each Shareholder has the right to one vote at general meetings for each share held.

Right to Data Privacy – Each Shareholder should note that by applying for shares, the Shareholder has provided or will provide information to the Company and its appointed service providers, which may constitute personal data within the meaning of the relevant data protection legislation and should be aware that this personal data will be processed by the Company and its appointed service providers in accordance with its privacy statement, as further detailed in the prospectus.

Right to Complain – Each Shareholder is entitled to complain in accordance with the applicable complaints handling policy. Shareholders may also have the right to complain directly to the Commission de Surveillance du Secteur Financier or local regulators. In addition, Directive (EU) 2020/1828 of 25 November 2020 on representative actions for the protection of the collective interests of consumers provides for a collective redress mechanism which applies, in case of infringements by traders of the provisions of amongst others Directive 2009/65/EC relating to undertakings for collective investment in transferable securities (UCITS) including such provisions as transposed into national law that harm or may harm the collective interests of consumers. Directive (EU) 2020/1828 shall be transposed by Member States, including Luxembourg, by 25 December 2022 at the latest and the provisions shall be applicable from 25 June 2023.

This summary is not exhaustive and does not constitute legal advice. Shareholders should contact their professional advisers to understand their rights more fully.