Changes to the FCP SEXTANT GRAND LARGE
Amiral Gestion has decided to make the following amendments to the SEXTANT GRAND LARGE Mutual Fund prospectus (hereinafter, the “UCITS”), namely:
- Modification of the management objective:
“The objective is to seek capital growth, through discretionary asset allocation and stock picking, over the recommended investment period by exposure to equity and bond markets, with the goal of obtaining a yield in excess of 5%, net of management fees, in the recommended investment period.
As a reminder, the manager may not enter into any obligation to achieve a fixed result. The aforementioned objective is based on the realisation of the management company’s market assumptions and is in no way a promise of a return or yield from the fund.”
- Change of the benchmark index a posteriori. Thus, the CAC 40 is replaced by the MSCI AC World Index, converted into euros and reinvested dividends (Bloomberg ticker: M1WD). As of 1 May 2018, the benchmark index a posteriori is comprised of “50% of the EONIA index and 50% of the MSCI AC World Index.”
Changes made to the UCITS prospectus will take effect on the net asset value date of 30 April 2018.
Factors for investors to bear in mind
These changes do not require any action on your part.
Fundholders are reminded of the necessity and importance of taking note of The Key Investor Information Document (KIID).
The KIID and the Fund Prospectus are available at the registered office of the Management Company, Amiral Gestion, and on its website http://www.amiralgestion.com.
You can also obtain the full prospectus for your fund in eight business days upon written request to Amiral Gestion, 103 rue de Grenelle – 75007 PARIS.
For more information about the management of Sextant Grand Large, please contact Benjamin Biard at
+33 1 47 20 78 18 or bb@amiralgestion.com.
We encourage you to contact your regular advisor for any information you may need regarding your investments.