Sextant Bond Picking: changes to the prospectus of the mutual fund
Changes to SEXTANT BOND PICKING
Amiral Gestion has decided to make the following changes to the prospectus of the « SEXTANT BOND PICKING » mutual fund (hereafter « the fund »). Specifically: • • It is no longer possible to hold registered shares in the fund Precisions concerning (i) the FATCA regulation, (ii) conditions under which the composition of the portfolio can be communicated to professional investors subject to ACPR control, (iii) with the exception of CoCos*, subordinated bonds can be acquired by the fund, and (iv) the specific risk attached to the holding of subordinated bonds** • Change of settlement/delivery date, with settlement of subscriptions and redemptions taking place two working days (versus three days previously) following valuation of the holding. These changes to the prospectus of the fund will take effect on 21 July 2017.
Full document:
http://www.amiralgestion.com/wp-content/uploads/2015/07/Flash-Sextant-Bond-Picking-ENG.pdf
