ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF. FUND SUPPLEMENT No.16

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF. FUND SUPPLEMENT No.16"

Transcription

1 ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF FUND SUPPLEMENT No.16 (A sub-fund of GO UCITS ETF Solutions Plc, an umbrella investment company with variable capital and segregated liability between its Funds incorporated with limited liability in Ireland under registration number ). The Company and the Directors, whose names appear on page 11 of the Prospectus, are the persons responsible for the information contained in this Fund Supplement and accept responsibility accordingly. To the best of the knowledge and belief of the Company and the Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of the information. This Fund Supplement contains information relating to the ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF (the Fund ) which is a separate sub-fund of GO UCITS ETF Solutions Plc (the Company ), an umbrella fund with segregated liability between its sub-funds. This Fund Supplement forms part of and should be read in the context of, and together with, the Company s Prospectus dated 25 March 2015 and any other applicable addenda. Investors should also refer to the Company s latest published annual report and audited financial statements (if any) and, if published after such report, a copy of the latest semi-annual report and unaudited financial statements. Capitalised expressions used and not defined in this Fund Supplement shall bear the meanings as set out in the Prospectus. If you are in any doubt about the action to be taken or the contents of this Fund Supplement, please consult your stockbroker, bank manager, lawyer, accountant or other independent professional adviser who, if such advice is taken in the United Kingdom, is an organisation or firm authorised or exempted pursuant to the FSMA. Potential investors should consider the risk factors set out in the Prospectus and in this Fund Supplement before investing in this Fund. An investment in the Fund involves certain risks and may only be suitable for persons who are able to assume the risk of losing their entire investment. The Prospectus sets forth information on investment risk, management and administration of the Fund, valuation, subscription, redemption and transfer procedures and details of fees and expenses payable by the Fund and should be read subject to the information herein. An investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors. The date of this Fund Supplement is 06 October 2015

2 2 INVESTMENT OBJECTIVE The investment objective of the ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF (the Fund ) is to track the performance of an index comprised of EUR-denominated corporate bonds. INVESTMENT POLICY In order to achieve this investment objective, the Fund will aim to track the performance of the LOIM Fundamental Euro Corporate Index (the Index ) by investing primarily in an optimised portfolio of fixed-rate EUR-denominated corporate bonds that, as far as possible and practicable, consists of the component securities of the Index. The Fund will utilise optimisation/representative sampling techniques which will, in the opinion of Lombard Odier Asset Management (Europe) Limited (the Sub-Investment Manager ), assist in achieving the Fund s investment objective, including by reducing overall transaction costs and taxes. In utilising such techniques, the Sub-Investment Manager will aim to identify and invest in a representative sample or sub-set of the component securities of the Index, whose risk and return characteristics closely resemble the risk and return characteristics of the Index as a whole. This is generally achieved through the use of quantitative analysis with the level of sampling techniques used by the Fund being determined by the nature of the Index components. It is therefore not expected that the Fund will hold each and every underlying constituent of the Index at all times or hold them in the same proportion as their weightings in the Index. Accordingly, the Fund s portfolio of Investments will typically be comprised of the fixed rate corporate bonds represented in the Index which are denominated in EUR, have maturities of greater than or equal to 1.5 years and are typically of investment grade quality at the occasion of each rebalance of the Index (as rated by Moody s, Standard & Poor s or Fitch). However, where consistent with its investment objective, the Fund may also invest in: transferable securities that are not component securities of the Index whose risk and return characteristics closely resemble the risk and return characteristics of constituents of the Index or of the Index as a whole. Such securities may include asset-backed securities, covered bonds and / or collateralised bonds issued or guaranteed by governments, public international bodies and / or corporations. Such instruments may be fixed and/or floating rate and will, at the time of purchase, typically be of investment grade quality (as rated by Moody s, Standard & Poor s or Fitch). In circumstances, where any such instrument is downgraded following purchase by the Fund, the Fund may continue to hold such instrument until such time as it is desirable and practical (in the Sub- Investment Manager s view) to liquidate the position; and FDI namely, unfunded OTC Swaps, bond futures, corporate and sovereign CDS, FX forwards and FX non-deliverable forwards which may be used for investment purposes (such as gaining exposure to the Index and/or any particular constituents of the Index and/or to gain exposure to one or more currencies in which the Index constituents are denominated). The Fund may also enter into transactions in FDI specifically, FX forwards and FX non-deliverable forwards - in order to hedge against movements of the currency in which a Share class is denominated relative to the currencies in which the Fund s assets are denominated, where different. Any such Share class hedging transactions will be undertaken in accordance with the Company s currency hedging policy as set out in the section entitled Hedging at Share class level in the Prospectus and in accordance with Schedule II of the Prospectus.

3 3 The Fund may also invest in FDI for efficient portfolio management purposes in accordance with the terms set out in the sections entitled Fund Investments and Efficient Portfolio Management Techniques in the Prospectus and Schedule II of the Prospectus. The Fund will only invest in FDI as provided for in the RMP prepared by the Sub-Investment Manager in respect of the Fund and filed with the Central Bank. The Fund may in addition employ other techniques relating to transferable securities, including engaging in repurchase and reverse repurchase transactions, for the purpose of efficient portfolio management only, in accordance with the terms set out in the section entitled Efficient Portfolio Management Techniques and Schedule II of the Prospectus. The Fund may have exposure in excess of 20% of its Net Asset Value to emerging markets. In this Fund Supplement, all references to emerging market(s) shall be taken to mean countries defined as Emerging market and developing economies by the International Monetary Fund (IMF) as published in the World Economic Outlook (WEO). Details of the Fund s portfolio are available on INDEX DESCRIPTION The Index is designed to provide a fundamentally-weighted representation of corporate fixed-rate bonds of investment grade quality (as rated by Moody s, Standard & Poor s or Fitch) that are denominated in EUR and have maturities of at least 1.5 years as of each semi-annual determination date. There are two key dimensions in determining an issuer s weight: (1) Aggregation Dimension, which accounts for the percentage allocation attributed to a bond s sector; and (2) Factor Dimension, which is split into three levels; i) 60% macro/credit, ii) 20% valuation, and iii) 20% liquidity. The methodology seeks to limit the over-investment in bonds/issuers with strong fundamentals whose price may have already been driven up and seeks to limit the under-investment in bonds/issuers with weaker credit metrics which may have already been oversold by the market. Final bond weights per issuer are then allocated in proportion to the amount outstanding. Gross Total Return Total return bond indices measure the market performance of bonds, taking into account both the movements in the market price of the bonds and any coupon (interest) payments declared thereon. The Index is a gross total return index which means that coupon (interest) amounts are treated as being reinvested into the Index gross (i.e. without adjustment for implied withholding taxes). Rebalancing Frequency The Index is reconstituted twice per year on the last business day in May and November respectively (each, an Adjustment Day ). The proposed new Index composition and indicative weightings for each of the Index components shall be announced by Lombard Odier IM four business days in advance of the relevant Adjustment Day. Lombard Odier IM shall publish all details relating to the adjustment of the Index composition (i.e. the actual weightings) on the third business day following each relevant Adjustment Day. Further Information The information set out above is a summary of the principal features of the Index and does not purport to be an exhaustive description. Further information with respect to the component selection criteria, calculation and rebalancing methodology and treatment of corporate events can be found in the Fixed Income Fundamentally Weighted Indices - Index Methodology which (as of the date of this Fund Supplement) is available, along with the constituents and weightings of the Index and various other informational materials, at:

4 4 Index name LOIM Fundamental Euro Corporate Index Bloomberg code LOFEUCP Index PROFILE OF A TYPICAL INVESTOR Only Authorised Participants may subscribe for ETF Shares in the Fund directly with the Company. All other investors may acquire or purchase such Shares only through the secondary market. It is expected that investors in the Fund will be informed investors who have taken professional advice and who understand (and are able to bear) the risk of losing their investment and who can accept the levels of risks associated with investing in the fixed income market. Relative value-at-risk ( VaR ) RISK MANAGEMENT The Sub-Investment Manager uses a risk management technique known as relative value-at-risk ( VaR ) to assess the market risk of the Fund. Relative VaR is the VaR of a Fund divided by the VaR of the Index tracked or replicated by it, allowing the global exposure of a Fund to be compared, and limited by reference to, the global exposure of the Index. The Central Bank requires that the VaR of a Fund must not exceed twice the VaR of its benchmark Index. The one-tailed confidence level of the Fund shall be 99% and the holding period shall be one day. The historical observation period will not be less than one year, however, a shorter observation period may be used when appropriate, (e.g. as a result of significant recent changes in price volatility). The Central Bank requires that UCITS using VaR approaches to risk management disclose the expected level to which the Fund will be leveraged and, where relevant, the possibility that higher leverage levels may apply. For the purpose of this disclosure, it is important to note that the Central Bank requires that leverage be calculated as the full sum of the notionals of all derivatives held by the Fund. Leverage calculated in this manner is therefore a reflection of the sum of all notional market exposures achieved through the use of derivative instruments held by the Fund as a percentage of the Fund s Net Asset Value. For the Fund, the notional market exposure takes into account not only the notional value of the relevant derivative instrument, but also the current mark-to-market value of the derivative instrument which reflects the current mark-tomarket value of the underlying reference asset. In ordinary circumstances, it is not expected that leverage generated through derivative exposure (calculated based upon the full sum of notionals as described above) will exceed 10% of the Fund s Net Asset Value but it is possible that higher levels of leverage may apply in limited circumstances, however the Fund shall not be leveraged to more than 200% of the Fund s Net Asset Value. RISK FACTORS Investors are specifically referred both to the section headed Risk Factors and to Schedule II in the Prospectus and should consider all relevant risk factors prior to investing in the Fund, including those relating to investment in emerging markets. Currency-hedged Share classes

5 5 All currency-hedging transactions carried out in respect of any particular currency-hedged Share class (each, a Hedged Share Class ) are designed to minimise the effect, on the returns of the relevant Hedged Share Class, of movements in the currency in which the Hedged Share Class is denominated relative to the currencies in which the Fund s assets are denominated, where different. Investors should only invest in a Hedged Share Class if they are willing to forego potential gains from appreciations in the currencies in which the Fund s assets are denominated against the currency of denomination of the relevant Hedged Share Class. Currency hedging employed with respect to the Hedged Share Classes aims to reduce currency risk rather than to eliminate it completely. Investors should also refer to the risk factor entitled Currency in the section of the Prospectus entitled Risk Factors. THE SHARES The Fund currently has two classes of ETF Shares as set out in the table immediately below. Additional classes of Shares may be added in the future in accordance with the requirements of the Central Bank. Share Class EUR Distributing ETF Share Class Type ETF Shares Minimum Subscription / Redemption Amount TER* Dividend policy 25,000 Shares 0.30% Annual CHF Hedged Accumulating ETF ETF Shares 25,000 Shares 0.35% N/A * Expressed as a % per annum of the Net Asset Value of the Share class. Shares are freely transferable subject to and in accordance with the provisions of the Articles and as set out in the Prospectus. The Directors have resolved that Shares in the Fund will be issued in uncertificated form. Shares will be in registered form and no temporary documents of title will be issued. Shares in the Fund will be issued in Dematerialised Form in one or more Recognised Clearing and Settlement Systems subject to the issue of a global certificate where required by a clearing system in which Shares are held. The Company will not issue Share certificates and the Company will not issue fractions of Shares. In order for an investor to be a Shareholder in the Fund, it must be registered in the Company s register of Shareholders. All subscriptions are dealt on a forward pricing basis (i.e. by reference to the subscription price for Shares calculated as at the Valuation Point for the relevant Dealing Day). For performance measurement purposes, the benchmark for each class of Shares in the Fund shall be the version of the Index as set out in the table immediately below (each, a Performance Benchmark ): Share Class Performance Benchmark Bloomberg code EUR Distributing ETF LOIM Fundamental Euro Corporate Index LOFEUCP Index

6 6 CHF Hedged Accumulating ETF LOIM Fundamental Euro Corporate Index (CHF Hedged)** LOFEUCCH Index ** Each Performance Benchmark that is a currency-hedged version of the Index incorporates a monthly hedge using one-month FX forwards to reduce the currency exposure as between the currencies in which the Index constituents are denominated and the reference currency of the relevant Performance Benchmark, where different. Each such FX forward is reset at the end of each calendar month and no adjustment is made to the hedge on an intra-month basis to account for movements in the price of the Index constituents, corporate events affecting Index constituents or any other changes to the Index during the relevant month. Currency hedges attributable to each relevant Hedged Share Class are also ordinarily reset at the end of each calendar month using one-month FX forwards and no adjustments are typically made on an intra-month basis in order to account for movements in the price of the Fund s assets or corporate events affecting such assets during the relevant month. To the foregoing extent, the currency hedges undertaken in respect of the Hedged Share Classes generally correspond with the hedging methodology employed by the corresponding Performance Benchmark. However, unlike the relevant Performance Benchmarks, the currency hedges undertaken in respect of Hedged Share Classes may be proportionately adjusted on an intra-month basis to account for subscriptions and redemptions for Shares in the relevant Hedged Share Classes and to reduce over-hedged positions where necessary to ensure that such positions do not exceed 105% of the Net Asset Value of the Hedged Share Class. The FX forward transactions entered into on an intra-month basis on behalf of a Hedged Share Class shall be effected by reference to the then-current value of Fund assets rather than by reference to the value of such assets at the most recent month-end reset. As the hedging methodology employed by the relevant Performance Benchmarks does not include such intra-month adjustments to the currency hedges, the performance of a Hedged Share Class will deviate from the performance of its Performance Benchmark. Investors should not therefore expect the performance of a Hedged Share Class to closely track the performance of its Performance Benchmark. TRACKING ERROR The estimated anticipated tracking error for the Fund (as a whole) in normal market conditions is 1.0% (annualised), which is the anticipated volatility of the difference between the return of the Fund s portfolio (as a whole) and the return of the Index. As the return of the Fund as a whole is comprised of the returns of multiple Share classes (some of which are hedged and some of which are unhedged), the foregoing figure may not be a useful measure of anticipated tracking error for investors in a particular Share class. Accordingly, in order to provide a useful measure to investors that takes account of hedging only where relevant, the table below sets out the anticipated volatility of the difference in normal market conditions between the return of the unhedged Share class (i.e. the EUR Distributing ETF) and the unhedged Performance Benchmark (i.e. the Index) as well as the anticipated volatility of the difference in normal market conditions between the return of each Hedged Share Class and the return of the corresponding hedged Performance Benchmark. Investors should note that the estimates below are not intended to be exact and may be expected to vary over time. EUR Distributing ETF CHF Hedged Accumulating ETF 1.0% (annualised) 1.0% (annualised)

7 7 DIVIDEND POLICY Where the Company intends to declare dividends with respect to one or more classes of Shares of the Fund, the proposed frequency of such dividend declarations (for example, quarterly or annually) shall be as set out in the table included above in the section entitled The Shares. Dividends shall not be declared, however, in respect of any particular class of Shares, during any period in which the net distributable income per Share of the relevant class is less than 0.05% of a monetary unit of the relevant class currency (for example, less than 5 cent per Share for a USD denominated Share class). The Promoter shall maintain and publish on a Dividend Calendar containing details of the proposed dates relating to the declaration and payment of dividends which may be amended from time to time. Where dividends are paid, they shall be paid out of the net income of the Fund which is attributable to the relevant class of Shares and shall be paid by way of electronic transfer in the manner set out under the heading Dividend Policy in the Prospectus. Dividends payable in respect of any particular class of Shares shall be paid in the currency in which such Share class is denominated. Where the currency in which a Share class is denominated differs from the Base Currency of the Fund, dividends shall be converted into the relevant class currency and any costs associated with such conversion shall be charged to the relevant Share class. Income Equalisation The Manager may implement income equalisation arrangements with a view to ensuring that the level of income derived from Investments is not affected by the issue, switching or redemption of Shares during the relevant accounting period. Currency of Payment and Foreign Exchange Transactions The Manager may (in its sole and absolute discretion) accept requests by Shareholders for payments in respect of dividends to be made in a major currency other than the currency in which the Share class is denominated. Any associated foreign exchange transactions will be at the risk and expense of the relevant Shareholder. The Manager may arrange for such transactions to be carried out by an affiliate of the Investment Manager or the Administrator. STOCK EXCHANGE LISTINGS Application has been made to the stock exchange(s) listed below for the admission to trading of the specified classes of ETF Shares. Applications for the admission to additional stock exchanges of existing and new classes of ETF Shares may be made from time to time. Share Class EUR Distributing ETF Share Class Type ETF Shares Listing Exchange London Stock Exchange London Stock Exchange London Stock Exchange Listing Currency ISIN Bloomberg code Reuters code EUR IE00BSVYHT42 FWEC LN FWEC.L GBP IE00BSVYHT42 FWEG LN FWEG.L USD IE00BSVYHT42 FWEU LN FWEU.L SIX Swiss Exchange CHF IE00BSVYHT42 FWEC SW FWEC.S

8 8 ISSUE OF SHARES Share class Initial Offer Period Initial Offer Price CHF Hedged Accumulating ETF Will begin at 9:00 a.m. (UK time) on 7 October 2015 and end at 4:00 p.m. (UK time) on 6 April 2016 or such other time as the Directors may determine. Initial applications for Shares in the Fund must be received during the Initial Offer Period. The price per Share is expected to be approximately EUR 10, or its equivalent in the currency of denomination of the relevant Share class. However, the actual initial price per Share will depend on the actual cost to the Company of purchasing the relevant Investments. Details of the Initial Offer Price will be available from the Administrator and on DEALING PROCEDURES The procedures for subscribing for and redeeming of Shares are outlined in the Prospectus. Subscriptions and redemptions in the Fund may be in cash or, where agreed with the Manager or its delegate, on an in specie basis. During the Initial Offer Period, Shares will be offered at the Initial Offer Price as set out in the table above entitled Issue of Shares. Following the Initial Offer Period, Shares may be subscribed for in the manner set out in the Prospectus under the heading Subscriptions, beginning on page 53. Shares in the Fund may be redeemed as described in the Prospectus under the heading Redemptions beginning on page 60. In the context of each application for subscription for or redemption of Shares, the Manager (or its appointed delegate) shall have sole discretion as to whether Duties and Charges are charged as a fixed amount or charged to match the exact cost to the Company of purchasing or selling the relevant underlying Investments. Where Duties and Charges are charged as a fixed amount, such fixed amount shall not exceed 5% of Net Asset Value of Shares being applied for or redeemed. DEALING INFORMATION Base Currency Dealing Currency Business Day Dealing Day EUR. The dealing currency for each class of Shares is the currency of denomination of the relevant class of Shares. A day on which banks and markets and exchanges are open for business in the United Kingdom. An Index Publication Day and a day on which no Significant Markets are closed for business or such Business Day(s) as the Directors may from time

9 9 to time determine (and notify in advance to Shareholders) for dealings in the Fund provided always that there shall be at least one Dealing Day each fortnight. The Promoter maintains an online Dealing Day Calendar at: where advance notice of all expected Dealing Days for the Fund is published on an ongoing basis. The Dealing Day Calendar is also available on request from the Manager and from the Promoter. Dealing Deadline Minimum Subscription Amount Minimum Redemption Amount Settlement Time Valuation The cut-off time in respect of any Dealing Day for receipt of applications for subscriptions and redemptions in the Fund as shall be set out on which information shall be kept up to date. Please refer to the table contained in the section above entitled The Shares. Please refer to the table contained in the section above entitled The Shares. Settlement of subscriptions and redemptions shall generally occur within two Business Days after the relevant Dealing Day (unless otherwise agreed with the Manager or its delegate). The Valuation Point for the Fund is 5.15pm EST (Eastern Standard Time). Investments of the Fund which are listed or traded on a Regulated Market for which quotations are readily available shall, subject to the provisions of the Articles, be valued at the closing mid-market price. TER Please refer to the table contained in the section above entitled The Shares for the TER applicable to each Share class. Brokerage and extraordinary expenses are excluded from the TER figure see section entitled Fees and Expenses on page 70 of the Prospectus. Fees and expenses relating to establishment of the Fund are borne by the Manager. TAXATION A description of the taxation applicable to the Company and its Shareholders is outlined under the heading Taxation in the Prospectus. INDEX DISCLAIMER The Index is published by Lombard Odier Asset Management (Europe) Limited ( LOAM Europe ). Irrespective of its obligations towards ETF Securities Limited and its affiliates, LOAM Europe has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the Fund. Neither publication of the Index by nor the licensing of the Index by LOAM Europe for the purpose of use in connection with the Fund constitutes a recommendation by LOAM Europe

10 10 to invest capital in the Fund nor does it in any way represent an assurance or opinion of LOAM Europe with regard to any investment in the Fund. A list of all Funds of the Company currently authorised by the Central Bank is contained in the Fund Schedule Supplement.

ETFS Russell 2000 US Small Cap GO UCITS ETF FUND SUPPLEMENT No.3

ETFS Russell 2000 US Small Cap GO UCITS ETF FUND SUPPLEMENT No.3 ETFS Russell 2000 US Small Cap GO UCITS ETF FUND SUPPLEMENT No.3 A sub-fund of GO UCITS ETF Solutions Plc, an umbrella investment company with variable capital and segregated liability between its Funds

More information

ETFX FUND COMPANY PUBLIC LIMITED COMPANY

ETFX FUND COMPANY PUBLIC LIMITED COMPANY The Company and the Directors, whose names appear on page 131 of the Prospectus, are the persons responsible for the information contained in this Fund Supplement and accept responsibility accordingly.

More information

ETFS Longer Dated All Commodities GO UCITS ETF. FUND SUPPLEMENT No.10

ETFS Longer Dated All Commodities GO UCITS ETF. FUND SUPPLEMENT No.10 ETFS Longer Dated All Commodities GO UCITS ETF FUND SUPPLEMENT No.10 A sub-fund of GO UCITS ETF Solutions Plc, an umbrella investment company with variable capital and segregated liability between its

More information

db x-trackers S&P 500 UCITS ETF (DR) Supplement to the Prospectus

db x-trackers S&P 500 UCITS ETF (DR) Supplement to the Prospectus db x-trackers S&P 500 UCITS ETF (DR) Supplement to the Prospectus This Supplement contains information in relation to db x-trackers S&P 500 UCITS ETF (DR) (the Fund ), a sub-fund of Concept Fund Solutions

More information

SPDR S&P 500 Low Volatility UCITS ETF

SPDR S&P 500 Low Volatility UCITS ETF SSGA SPDR ETFs Europe I Plc 2 November 2015 SPDR S&P 500 Low Volatility UCITS ETF Supplement No. 32 (A sub-fund of SSGA SPDR ETFs Europe I plc (the Company ) an open-ended investment company constituted

More information

Varius Global Equity Fund

Varius Global Equity Fund Varius Global Equity Fund Supplement to the Prospectus dated 12 May 2016 for Platform Capital UCITS ICAV An umbrella fund with segregated liability between sub-funds This Supplement contains specific information

More information

SUPPLEMENT Davy Strategic Global Equity Fund

SUPPLEMENT Davy Strategic Global Equity Fund Davy Funds p.l.c. An open-ended umbrella investment company with variable capital and segregated liability between sub-funds incorporated with limited liability in Ireland under the Companies Acts 1963

More information

THE NT EUROPE (EX-UK) EQUITY INDEX FUND SUPPLEMENT TO THE PROSPECTUS DATED 17 NOVEMBER 2014 FOR NORTHERN TRUST INVESTMENT FUNDS PLC

THE NT EUROPE (EX-UK) EQUITY INDEX FUND SUPPLEMENT TO THE PROSPECTUS DATED 17 NOVEMBER 2014 FOR NORTHERN TRUST INVESTMENT FUNDS PLC THE NT EUROPE (EX-UK) EQUITY INDEX FUND SUPPLEMENT TO THE PROSPECTUS DATED 17 NOVEMBER 2014 FOR NORTHERN TRUST INVESTMENT FUNDS PLC 1 2 Supplement dated 17 November 2014 to the Prospectus dated 17 November

More information

SUPPLEMENT Davy Cautious Growth Fund

SUPPLEMENT Davy Cautious Growth Fund Davy Funds p.l.c. An open-ended umbrella investment company with variable capital and segregated liability between sub-funds incorporated with limited liability in Ireland under the Companies Acts 1963

More information

MGI BALANCED MANAGED FUND MERCER GLOBAL INVESTMENTS MANAGEMENT LIMITED

MGI BALANCED MANAGED FUND MERCER GLOBAL INVESTMENTS MANAGEMENT LIMITED The directors of Mercer PIF Fund plc (the Directors ) listed in the Prospectus under The Company accept responsibility for the information contained in the Prospectus and this Supplement. To the best of

More information

CGWM Bond Fund. Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014. Investment Objective. Investment Policy.

CGWM Bond Fund. Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014. Investment Objective. Investment Policy. CGWM Bond Fund To us there are no foreign markets. TM Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014 This Supplement contains specific information in relation to the CGWM Bond

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared on 18 January 2016 This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Singapore Prospectus 1 ( Prospectus

More information

SUPPLEMENT 10 DATED 6 October, 2015 to the Prospectus issued for PIMCO Fixed Income Source ETFs plc

SUPPLEMENT 10 DATED 6 October, 2015 to the Prospectus issued for PIMCO Fixed Income Source ETFs plc SUPPLEMENT 10 DATED 6 October, 2015 to the Prospectus issued for PIMCO Fixed Income Source ETFs plc PIMCO Low Duration US Corporate Bond Source UCITS ETF This Supplement contains information relating specifically

More information

THE NT EUROPE (ex-uk) EQUITY INDEX FUND

THE NT EUROPE (ex-uk) EQUITY INDEX FUND THE NT EUROPE (ex-uk) EQUITY INDEX FUND 1 2 02 Supplement to the Prospectus Northern Trust Investment Funds plc THE NT EUROPE (ex-uk) EQUITY INDEX FUND 3 This Supplement contains specific information in

More information

CANACCORD GENUITY INVESTMENT FUNDS PLC. Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014 CGWM SELECT INCOME FUND

CANACCORD GENUITY INVESTMENT FUNDS PLC. Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014 CGWM SELECT INCOME FUND CANACCORD GENUITY INVESTMENT FUNDS PLC Supplement dated 11 November 2014 to the Prospectus dated 11 November 2014 CGWM SELECT INCOME FUND This Supplement contains specific information in relation to CGWM

More information

db x-trackers FTSE 100 Equal Weight UCITS ETF (DR) Supplement to the Prospectus

db x-trackers FTSE 100 Equal Weight UCITS ETF (DR) Supplement to the Prospectus db x-trackers FTSE 100 Equal Weight UCITS ETF (DR) Supplement to the Prospectus This Supplement contains information in relation to db x-trackers FTSE 100 Equal Weight UCITS ETF (DR) (the Fund ), a sub-fund

More information

HUME EUROPEAN OPPORTUNITIES FUND. SUPPLEMENT TO THE PROSPECTUS FOR EUROPEAN WEALTH INVESTMENT FUND plc

HUME EUROPEAN OPPORTUNITIES FUND. SUPPLEMENT TO THE PROSPECTUS FOR EUROPEAN WEALTH INVESTMENT FUND plc HUME EUROPEAN OPPORTUNITIES FUND SUPPLEMENT TO THE PROSPECTUS FOR EUROPEAN WEALTH INVESTMENT FUND plc This document supplements the current prospectus for European Wealth Investment Fund plc (the Company)

More information

db x-trackers MSCI World Telecom Services Index UCITS ETF (Prospective DR) 1 Supplement to the Prospectus

db x-trackers MSCI World Telecom Services Index UCITS ETF (Prospective DR) 1 Supplement to the Prospectus db x-trackers MSCI World Telecom Services Index UCITS ETF (Prospective DR) 1 Supplement to the Prospectus This Supplement contains information in relation to the db x-trackers MSCI World Telecom Services

More information

Legg Mason Western Asset Asian Opportunities Fund

Legg Mason Western Asset Asian Opportunities Fund PRODUCT KEY FACTS Legg Mason Global Funds Plc Legg Mason Western Asset Asian Opportunities Fund Issuer: Legg Mason Asset Management Hong Kong Limited January 2015 This statement provides you with key information

More information

SIMPLIFIED PROSPECTUS. PIMCO Funds: Global Investors Series plc CommoditiesPLUS Strategy Fund 9 February, 2010

SIMPLIFIED PROSPECTUS. PIMCO Funds: Global Investors Series plc CommoditiesPLUS Strategy Fund 9 February, 2010 SIMPLIFIED PROSPECTUS PIMCO Funds: Global Investors Series plc CommoditiesPLUS Strategy Fund 9 February, 2010 This Simplified Prospectus sets out information relating to the CommoditiesPLUS Strategy Fund

More information

HERMES GLOBAL HIGH YIELD BOND FUND. (a sub-fund of Hermes Investment Funds public limited company) SUPPLEMENT

HERMES GLOBAL HIGH YIELD BOND FUND. (a sub-fund of Hermes Investment Funds public limited company) SUPPLEMENT If you are in any doubt about the contents of this Supplement, you should consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Directors of the Company,

More information

LAZARD EMERGING MARKETS BOND FUND

LAZARD EMERGING MARKETS BOND FUND If you are in any doubt about the contents of this Supplement, you should consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Directors of Lazard Global

More information

CGWM Total Return Bond Fund

CGWM Total Return Bond Fund To us there are no foreign markets. TM CGWM Total Return Bond Fund Supplement dated 6 October 2015 to the Prospectus dated 6 October 2015 This Supplement contains specific information in relation to the

More information

Jupiter Merlin International Equities Portfolio

Jupiter Merlin International Equities Portfolio Jupiter Merlin Funds Jupiter Merlin International Equities Portfolio Jupiter Asset Management Limited Product Key Facts April 2016 Product Key Facts This statement provides you with key information about

More information

LAZARD OPPORTUNITIES FUND

LAZARD OPPORTUNITIES FUND If you are in any doubt about the contents of this Supplement, you should consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Directors of Lazard Global

More information

Merrion Investment Trust (the Trust ) Merrion Technology Fund Series II SUPPLEMENT TO PROSPECTUS

Merrion Investment Trust (the Trust ) Merrion Technology Fund Series II SUPPLEMENT TO PROSPECTUS Merrion Investment Trust (the Trust ) An umbrella unit trust authorised pursuant to the Unit Trusts Act 1990 Merrion Technology Fund Series II (the Sub-Fund ) SUPPLEMENT TO PROSPECTUS 30 September 2015

More information

SUPPLEMENT NO. 1. 23 December 2014

SUPPLEMENT NO. 1. 23 December 2014 The directors of IVI Umbrella Fund plc (the Directors ) listed in the Prospectus dated 23 December 2014 (the Prospectus ) in the Management and Administration section, accept responsibility for the information

More information

SSgA Qualified Trust. SSgA LDI Leveraged UK Real Rate Swap 2030 Fund SUPPLEMENT NO. 22 DATED: 30 APRIL 2015 MANAGER

SSgA Qualified Trust. SSgA LDI Leveraged UK Real Rate Swap 2030 Fund SUPPLEMENT NO. 22 DATED: 30 APRIL 2015 MANAGER The Directors of the Manager of the Trust whose names appear under the section Trust and Management Information - The Manager in the Prospectus are the persons responsible for the information contained

More information

BMO Global Asset Management (Asia) Limited 11 February 2016

BMO Global Asset Management (Asia) Limited 11 February 2016 Product Key Facts BMO MSCI EUROPE QUALITY HEDGED TO USD ETF BMO Global Asset Management (Asia) Limited 11 February 2016 Quick facts This is an exchange traded fund. This statement provides you with key

More information

db x-trackers Russell 2000 UCITS ETF (DR) Supplement to the Prospectus

db x-trackers Russell 2000 UCITS ETF (DR) Supplement to the Prospectus db x-trackers Russell 2000 UCITS ETF (DR) Supplement to the Prospectus This Supplement contains information in relation to db x-trackers Russell 2000 UCITS ETF (DR) (the Fund ), a sub-fund of Concept Fund

More information

db x-trackers MSCI World High Dividend Yield Index UCITS ETF (DR) Supplement to the Prospectus

db x-trackers MSCI World High Dividend Yield Index UCITS ETF (DR) Supplement to the Prospectus db x-trackers MSCI World High Dividend Yield Index UCITS ETF (DR) Supplement to the Prospectus This Supplement contains information in relation to db x-trackers MSCI World High Dividend Yield Index UCITS

More information

GLG INVESTMENTS PLC GLG GLOBAL CONVERTIBLE UCITS FUND SIMPLIFIED PROSPECTUS 6 February 2009

GLG INVESTMENTS PLC GLG GLOBAL CONVERTIBLE UCITS FUND SIMPLIFIED PROSPECTUS 6 February 2009 GLG INVESTMENTS PLC GLG GLOBAL CONVERTIBLE UCITS FUND SIMPLIFIED PROSPECTUS 6 February 2009 This simplified prospectus contains key information in relation to GLG Global Convertible UCITS Fund (the Portfolio

More information

Schroder International Choice Portfolio - Schroder Global High Yield Fund (the Fund )

Schroder International Choice Portfolio - Schroder Global High Yield Fund (the Fund ) This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Prospectus¹. It is important to read the Prospectus before deciding

More information

CITI GLOBAL INTEREST RATES STRATEGY INDEX FUND SIMPLIFIED PROSPECTUS. Dated 4 August 2010

CITI GLOBAL INTEREST RATES STRATEGY INDEX FUND SIMPLIFIED PROSPECTUS. Dated 4 August 2010 CITI GLOBAL INTEREST RATES STRATEGY INDEX FUND SIMPLIFIED PROSPECTUS Dated 4 August 2010 This Simplified Prospectus contains key information in relation to Citi Global Interest Rates Index Fund (the Fund),

More information

TwentyFour Global Investment Funds p.l.c.

TwentyFour Global Investment Funds p.l.c. TwentyFour Global Investment Funds p.l.c. An open-ended umbrella investment company with variable capital and segregated liability between sub-funds incorporated with limited liability in Ireland under

More information

HERMES US SMID EQUITY FUND. (a sub-fund of Hermes Investment Funds public limited company) SUPPLEMENT

HERMES US SMID EQUITY FUND. (a sub-fund of Hermes Investment Funds public limited company) SUPPLEMENT If you are in any doubt about the contents of this Supplement, you should consult your stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Directors of the Company,

More information

LAZARD GLOBAL INVESTMENT FUNDS PUBLIC LIMITED COMPANY LAZARD EMERGING MARKETS BOND FUND SIMPLIFIED PROSPECTUS. DATE 7 December 2010

LAZARD GLOBAL INVESTMENT FUNDS PUBLIC LIMITED COMPANY LAZARD EMERGING MARKETS BOND FUND SIMPLIFIED PROSPECTUS. DATE 7 December 2010 LAZARD GLOBAL INVESTMENT FUNDS PUBLIC LIMITED COMPANY LAZARD EMERGING MARKETS BOND FUND SIMPLIFIED PROSPECTUS DATE 7 December 2010 This Simplified Prospectus contains key information in relation to Lazard

More information

DIMENSIONAL FUNDS PLC

DIMENSIONAL FUNDS PLC DIMENSIONAL FUNDS PLC (An umbrella fund with segregated liability between sub-funds constituted as an investment company with variable capital under the laws of Ireland and authorised by the Central Bank

More information

Industrial and Commercial Bank of China Limited Dealing frequency: Daily on each business day *

Industrial and Commercial Bank of China Limited Dealing frequency: Daily on each business day * APRIL 2016 This statement provides you with key information about Income Partners RMB Bond Fund (the Sub-Fund ). This statement is a part of the offering document and must be read in conjunction with the

More information

CHEYNE GLOBAL CREDIT FUND. Third Supplement dated 25 November 2015. to the Prospectus for Cheyne Select UCITS Fund plc

CHEYNE GLOBAL CREDIT FUND. Third Supplement dated 25 November 2015. to the Prospectus for Cheyne Select UCITS Fund plc CHEYNE GLOBAL CREDIT FUND Third Supplement dated 25 November 2015 to the Prospectus for Cheyne Select UCITS Fund plc This Supplement contains information relating specifically to the Cheyne Global Credit

More information

HSBC Global Investment Funds Global High Yield Bond

HSBC Global Investment Funds Global High Yield Bond Important information: For certain classes of the Fund, the Fund may pay dividends out of capital or pay dividends gross of expenses. Investors should note that the payment of dividends out of capital

More information

LEGG MASON GLOBAL FUNDS PLC Riverside Two Sir John Rogerson s Quay, Grand Canal Dock, Dublin 2, Ireland

LEGG MASON GLOBAL FUNDS PLC Riverside Two Sir John Rogerson s Quay, Grand Canal Dock, Dublin 2, Ireland LEGG MASON GLOBAL FUNDS PLC Riverside Two Sir John Rogerson s Quay, Grand Canal Dock, Dublin 2, Ireland 5 March 2015 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY

More information

ComStage 1. ComStage 1 DAX UCITS ETF. Issuer: Commerz Funds Solutions S.A. 29 June 2016

ComStage 1. ComStage 1 DAX UCITS ETF. Issuer: Commerz Funds Solutions S.A. 29 June 2016 PRODUCT KEY FACTS ComStage 1 ComStage 1 DAX UCITS ETF Issuer: Commerz Funds Solutions S.A. 29 June 2016 Quick facts This is an exchange traded fund. This statement provides you with key information about

More information

BMO Global Asset Management (Asia) Limited 11 February 2016

BMO Global Asset Management (Asia) Limited 11 February 2016 Product Key Facts BMO MSCI JAPAN HEDGED TO USD ETF BMO Global Asset Management (Asia) Limited 11 February 2016 Quick facts This is an exchange traded fund. This statement provides you with key information

More information

SUPPLEMENT Davy Global Equity SRI Fund

SUPPLEMENT Davy Global Equity SRI Fund Davy s p.l.c. An open-ended umbrella investment company with variable capital and segregated liability between sub-funds incorporated with limited liability in Ireland under Companies Act 2014 with registration

More information

Key Investor Information. Objectives and Investment Policy. Risk and Reward Profile

Key Investor Information. Objectives and Investment Policy. Risk and Reward Profile Key Investor Information This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and

More information

Product Key Facts. PineBridge Global Funds PineBridge Global Emerging Markets Bond Fund. 22 December 2014

Product Key Facts. PineBridge Global Funds PineBridge Global Emerging Markets Bond Fund. 22 December 2014 Issuer: PineBridge Investments Ireland Limited Product Key Facts PineBridge Global Funds PineBridge Global Emerging Markets Bond Fund 22 December 2014 This statement provides you with key information about

More information

AIFMD means Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers, as amended.

AIFMD means Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers, as amended. Glossary Accounting Period means the annual accounting period for the Company ending on 31 December in each calendar year. The first annual accounting period will end on 31 December 2015. Acts means the

More information

db x-trackers Equity Quality Factor UCITS ETF (DR) Supplement to the Prospectus

db x-trackers Equity Quality Factor UCITS ETF (DR) Supplement to the Prospectus db x-trackers Equity Quality Factor UCITS ETF (DR) Supplement to the Prospectus This Supplement contains information in relation to db x-trackers Equity Quality Factor UCITS ETF (DR) (the Fund ), a Fund

More information

STANDARD LIFE EUROPEAN PRIVATE EQUITY TRUST PLC

STANDARD LIFE EUROPEAN PRIVATE EQUITY TRUST PLC This document is issued by Standard Life European Private Equity Trust PLC (the "Company") and is made available by SL Capital Partners LLP (the AIFM ) solely in order to make certain particular information

More information

CORAM INVESTMENT FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub-funds

CORAM INVESTMENT FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub-funds CORAM INVESTMENT FUNDS PLC An open-ended umbrella investment company with segregated liability between sub-funds A company incorporated with limited liability as an open-ended umbrella investment company

More information

ETFs and Index Funds. Similarities and Differences. For professional clients only

ETFs and Index Funds. Similarities and Differences. For professional clients only ETFs and Index Funds Similarities and Differences For professional clients only Most Exchange Traded Funds (ETFs) and index tracker funds share a common aim. That is, to match the performance of the index

More information

BMO Corporate Bond ETFs

BMO Corporate Bond ETFs For professional investors only Exchange Traded Funds PAGE 1 BMO Corporate Bond ETFs Diversified, global bond exposure ember 20 Contact us Client Services +44 (0) 20 70 4444 client.service@bmogam.com bmogam.com/etfs

More information

Min. Investment Class A Units Initial: USD 1,000 Additional: USD 250

Min. Investment Class A Units Initial: USD 1,000 Additional: USD 250 Issuer: PineBridge Investments Ireland Limited Product Key Facts PineBridge Global Funds PineBridge Global Emerging Markets Bond Fund 22 February 2013 This statement provides you with key information about

More information

BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC (an umbrella fund with segregated liability between sub-funds)

BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC (an umbrella fund with segregated liability between sub-funds) BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC (an umbrella fund with segregated liability between sub-funds) Supplement to the Prospectus dated 16 March 2016 for Blackstone Diversified Multi-Strategy Fund

More information

PRODUCT KEY FACTS Samsung KOSPI 200 Daily (2x) Leveraged Product

PRODUCT KEY FACTS Samsung KOSPI 200 Daily (2x) Leveraged Product Issuer: Samsung Asset Management (Hong Kong) Limited 三 星 資 產 運 用 ( 香 港 ) 有 限 公 司 PRODUCT KEY FACTS Samsung KOSPI 200 Daily (2x) Leveraged Product 24 June 2016 This is a leveraged product. It is different

More information

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA.

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA. This Supplement contains information relating to the Fund which is a separate fund of the Company. This Supplement forms part of and should be read in the context of, and together with, the Prospectus

More information

ETFs and Index Funds. Similarities and Differences. For professional clients only

ETFs and Index Funds. Similarities and Differences. For professional clients only ETFs and Index Funds Similarities and Differences For professional clients only Most Exchange Traded Funds (ETFs) and index tracker funds share a common aim. That is, to match the performance of the index

More information

HSBC Asian High Yield Bond Fund

HSBC Asian High Yield Bond Fund Important information: HSBC Asian High Yield Bond Fund (the Fund ) invests primarily in a broad range of higher yielding Asian fixed income securities and instruments. Investments of the Fund may include

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared on: 17 October 2013 This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Singapore Prospectus 1. It is important

More information

PRODUCT KEY FACTS Samsung TOPIX Daily (2x) Leveraged Product

PRODUCT KEY FACTS Samsung TOPIX Daily (2x) Leveraged Product Issuer: Samsung Asset Management (Hong Kong) Limited 三 星 資 產 運 用 ( 香 港 ) 有 限 公 司 PRODUCT KEY FACTS Samsung TOPIX Daily (2x) Leveraged Product 24 June 2016 This is a leveraged product. It is different from

More information

Swiss Commodity Securities Limited. Swiss Franc Currency-Hedged Commodity Securities

Swiss Commodity Securities Limited. Swiss Franc Currency-Hedged Commodity Securities Base prospectus dated 27 June 2014 Bringing Exchange Traded Commodities to the World s Stock Exchanges Swiss Commodity Securities Limited (Incorporated and registered in Jersey under the Companies (Jersey)

More information

Coho US Large Cap Equity Fund. Supplement to the Prospectus dated 17 February 2014 for Skyline Umbrella Fund plc

Coho US Large Cap Equity Fund. Supplement to the Prospectus dated 17 February 2014 for Skyline Umbrella Fund plc Coho US Large Cap Equity Fund Supplement to the Prospectus dated 17 February 2014 for Skyline Umbrella Fund plc An umbrella fund with segregated liability between sub-funds This Supplement contains specific

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET Prepared on: 19 October 2012 This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Singapore Prospectus 1. It is important

More information

HSBC BANK BERMUDA LIMITED 6 Year Growth Opportunity Certificates of Deposit Linked to S&P 500 Low Volatility Index

HSBC BANK BERMUDA LIMITED 6 Year Growth Opportunity Certificates of Deposit Linked to S&P 500 Low Volatility Index HSBC BANK BERMUDA LIMITED 6 Year Growth Opportunity Certificates of Deposit Linked to S&P 500 Low Volatility Index INDICATIVE TERMS Issuer HSBC Bank Bermuda Limited Issuer Rating A+ (S&P) Term 6 Years

More information

BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC. (the Company ) An umbrella fund with segregated liability between sub-funds, and its sub-fund

BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC. (the Company ) An umbrella fund with segregated liability between sub-funds, and its sub-fund BLACKSTONE ALTERNATIVE INVESTMENT FUNDS PLC (the Company ) An umbrella fund with segregated liability between sub-funds, and its sub-fund (the Fund ) SUPPLEMENT FOR UNITED KINGDOM INVESTORS This Supplement

More information

AIFMD investor information document Temple Bar Investment Trust PLC

AIFMD investor information document Temple Bar Investment Trust PLC AIFMD investor information document Temple Bar Investment Trust PLC Temple Bar Investment Trust PLC (the Company ) was incorporated in 1926 with the registered number 214601. The Company carries on business

More information

PRINCIPAL GLOBAL INVESTORS FUNDS. Supplement dated 31 July 2013. for the Long/Short Global Opportunities Equity Fund

PRINCIPAL GLOBAL INVESTORS FUNDS. Supplement dated 31 July 2013. for the Long/Short Global Opportunities Equity Fund PRINCIPAL GLOBAL INVESTORS FUNDS Supplement dated 31 July 2013 for the Long/Short Global Opportunities Equity Fund This Supplement contains specific information in relation to the Long/Short Global Opportunities

More information

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA.

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA. This Supplement contains information relating to the Fund which is a separate fund of the Company. This Supplement forms part of and should be read in the context of, and together with, the Prospectus

More information

NEDGROUP INVESTMENTS FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub funds

NEDGROUP INVESTMENTS FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub funds NEDGROUP INVESTMENTS FUNDS PLC An open-ended umbrella investment company with segregated liability between sub funds A company incorporated with limited liability as an open-ended umbrella investment company

More information

Exchange Traded Funds and the UCITS Framework

Exchange Traded Funds and the UCITS Framework Exchange Traded Funds and the UCITS Framework 0 EXCHANGE TRADED FUNDS AND THE UCITS FRAMEWORK Introduction An Exchange Traded Fund ( ETF ) is an investment vehicle that, in its typical form, is designed

More information

BMO Global Asset Management (Asia) Limited 11 February 2016

BMO Global Asset Management (Asia) Limited 11 February 2016 Product Key Facts BMO NASDAQ 100 ETF BMO Global Asset Management (Asia) Limited 11 February 2016 Quick facts This is an exchange traded fund. This statement provides you with key information about this

More information

SUPPLEMENT Davy Global Equity Fund

SUPPLEMENT Davy Global Equity Fund Davy s p.l.c. An open-ended umbrella investment company with variable capital and segregated liability between sub-funds incorporated with limited liability in Ireland under Companies Act 2014 with registration

More information

Supplement. for the. Global Time Diversified Absolute Return Fund

Supplement. for the. Global Time Diversified Absolute Return Fund Supplement for the Global Time Diversified Absolute Return Fund 30 March 2016 Principal Global Investors Funds This Supplement contains specific information in relation to the Global Time Diversified Absolute

More information

Investors in the D share class of the Contributing Fund will be moved into the A1 share class of the Receiving Fund

Investors in the D share class of the Contributing Fund will be moved into the A1 share class of the Receiving Fund Schroder Alternative Solutions Société d'investissement à Capital Variable 5, rue Höhenhof, L-1736 Senningerberg Grand Duchy of Luxembourg Tel : (+352) 341 342 202 Fax : (+352) 341 342 342 18 May 2016

More information

HSBC Specialist Funds Limited. Short Duration Fixed Income Fund Supplement 2 November 2015

HSBC Specialist Funds Limited. Short Duration Fixed Income Fund Supplement 2 November 2015 HSBC Specialist Funds Limited Short Duration Fixed Income Fund Supplement 2 November 2015 HSBC Specialist Funds Limited Short Duration Fixed Income Fund Supplement 2 November 2015 This document (the Short

More information

CHF25,000,000 Class H-7C1 Fairway Series 1 (Omega Capital Europe p.l.c. Series 23) Secured 5 per cent Notes due 2013 Issue price: 100 per cent.

CHF25,000,000 Class H-7C1 Fairway Series 1 (Omega Capital Europe p.l.c. Series 23) Secured 5 per cent Notes due 2013 Issue price: 100 per cent. PROSPECTUS DATED 17 JANUARY 2008 OMEGA CAPITAL EUROPE P.L.C. (a public limited company incorporated in Ireland) CHF25,000,000 Class H-7C1 Fairway Series 1 (Omega Capital Europe p.l.c. Series 23) Secured

More information

The Global Bond (Euro Hedged) Fund to provide income and capital growth.

The Global Bond (Euro Hedged) Fund to provide income and capital growth. RUSSELL INVESTMENT COMPANY II PUBLIC LIMITED COMPANY an umbrella fund with segregated liability between sub-funds Simplified Prospectus 20 April 2012 This Simplified Prospectus contains key information

More information

Schroder International Selection Fund Emerging Markets Debt Absolute Return (the Fund )

Schroder International Selection Fund Emerging Markets Debt Absolute Return (the Fund ) Prepared on: 9 October 2015 This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Singapore Prospectus (the Prospectus

More information

Schroder International Opportunities Portfolio - Schroder Asian Income (the Fund )

Schroder International Opportunities Portfolio - Schroder Asian Income (the Fund ) This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Prospectus¹. It is important to read the Prospectus before deciding

More information

Insinger de Beaufort Equity Income Fund ("Fund D") (Share series Fund D) Supplementary prospectus June 2011

Insinger de Beaufort Equity Income Fund (Fund D) (Share series Fund D) Supplementary prospectus June 2011 Insinger de Beaufort Equity Income Fund ("Fund D") (Share series Fund D) Supplementary prospectus June 2011 This is an English translation of the official Dutch prospectus. Should there be any inconsistencies

More information

KEY FEATURES DOCUMENT

KEY FEATURES DOCUMENT KEY FEATURES DOCUMENT HSBC GIF Global High Income Bond This Key Features Document (KFD) is designed to highlight what HSBC consider are the key points you should know before you invest. It is not exhaustive

More information

TENDERCAPITAL FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub funds

TENDERCAPITAL FUNDS PLC. An open-ended umbrella investment company with segregated liability between sub funds TENDERCAPITAL FUNDS PLC An open-ended umbrella investment company with segregated liability between sub funds A company incorporated with limited liability as an open-ended umbrella investment company

More information

Section N: Cambridge University Endowment Fund: Reports and financial statements to 30 June 2013. Cambridge University Endowment Fund

Section N: Cambridge University Endowment Fund: Reports and financial statements to 30 June 2013. Cambridge University Endowment Fund Section N: Cambridge University Endowment Fund: Reports and financial statements to 30 June 2013 Cambridge University Endowment Fund Reports and financial statements 30 June 2013 IMPORTANT NOTICE The Cambridge

More information

FMG GLOBAL HEDGE FUND LTD. Financial Statements (With Auditors Report Thereon) March 31, 2010 and 2009

FMG GLOBAL HEDGE FUND LTD. Financial Statements (With Auditors Report Thereon) March 31, 2010 and 2009 Financial Statements (With Auditors Report Thereon) and 2009 KPMG Crown House Telephone 441 295-5063 4 Par-la-Ville Road Fax 441 295-9132 Hamilton HM 08, Bermuda www.kpmg.bm Mailing Address: P.O. Box HM

More information

GLG INVESTMENTS VI PLC

GLG INVESTMENTS VI PLC GLG INVESTMENTS VI PLC (An umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland with registered number 449860 and authorised by the

More information

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED This document is issued by Standard Life Investments Property Income Trust Limited (the "Company") and is made available by Standard Life Investments (Corporate Funds) Limited (the AIFM ) solely in order

More information

TERMS AND CONDITIONS FOR SECURITIES TRADES Valid and effective from 18 September 2013

TERMS AND CONDITIONS FOR SECURITIES TRADES Valid and effective from 18 September 2013 TERMS AND CONDITIONS FOR SECURITIES TRADES Valid and effective from 18 September 2013 Page 1 of 6 1. INTRODUCTION Danske Bank A/S trading in the Republic of Ireland as Danske Bank (the Bank) is authorised

More information

Offering Supplement (the "Offering Supplement") AQA High Yield Bond Fund (the "Sub-Fund")

Offering Supplement (the Offering Supplement) AQA High Yield Bond Fund (the Sub-Fund) The Directors of AQA UCITS Funds SICAV plc whose names appear on the last page accept responsibility for the information contained in this Offering Supplement. To the best of the knowledge and belief of

More information

PRODUCT KEY FACTS BOCHK RMB Fixed Income Fund

PRODUCT KEY FACTS BOCHK RMB Fixed Income Fund PRODUCT KEY FACTS BOCHK RMB Fixed Income Fund a sub-fund of the BOCHK Investment Funds Issuer: BOCI-Prudential Asset Management Limited 29 April 2016 This statement provides you with key information about

More information

PRODUCT HIGHLIGHTS SHEET

PRODUCT HIGHLIGHTS SHEET This Product Highlights Sheet is an important document. Prepared on: 18 March 2016 It highlights the key terms and risks of this investment product and complements the Prospectus 1. It is important to

More information

Article 23/FUND 3.2.2R Disclosures

Article 23/FUND 3.2.2R Disclosures Article 23/ Disclosures Phoenix Asset Management Partners Ltd. is authorised and regulated by the Financial Conduct Authority (FCA) 64 66 Glentham Road London SW13 9JJ +44 (0) 208 600 0100 phoenix@pamp.co.uk

More information

INSIGHT TOTAL RETURN BOND FUND. Supplement dated 28 October 2015 to the Prospectus. for Insight Global Funds II p.l.c.

INSIGHT TOTAL RETURN BOND FUND. Supplement dated 28 October 2015 to the Prospectus. for Insight Global Funds II p.l.c. INSIGHT TOTAL RETURN BOND FUND Supplement dated 28 October 2015 to the Prospectus for Insight Global Funds II p.l.c. This Supplement contains specific information in relation to the Insight Total Return

More information

SIMPLIFIED PROSPECTUS JULY 2010 GENERAL INFORMATION

SIMPLIFIED PROSPECTUS JULY 2010 GENERAL INFORMATION BNP PARIBAS INSTICASH EUR A sub-fund of BNP Paribas InstiCash, a Luxembourg-based investment company with variable capital (Société d investissement à capital variable, referred to hereinafter as the "SICAV")

More information

NOTICE TO INVESTORS: THE NOTES ARE SIGNIFICANTLY RISKIER THAN CONVENTIONAL DEBT INSTRUMENTS.

NOTICE TO INVESTORS: THE NOTES ARE SIGNIFICANTLY RISKIER THAN CONVENTIONAL DEBT INSTRUMENTS. PRICING SUPPLEMENT Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-171806 Dated May 22, 2013 Royal Bank of Canada Airbag Autocallable Yield Optimization Notes $6,732,000 Notes Linked to

More information

SIMPLIFIED PROSPECTUS JULY 2010 GENERAL INFORMATION

SIMPLIFIED PROSPECTUS JULY 2010 GENERAL INFORMATION BNP PARIBAS INSTICASH GBP A sub-fund of BNP Paribas InstiCash, a Luxembourg-based investment company with variable capital (Société d investissement à capital variable, referred to hereinafter as the "SICAV")

More information

Exchange-Traded Fund RiverFront Dynamic Unconstrained Income ETF RiverFront Dynamic Core Income ETF

Exchange-Traded Fund RiverFront Dynamic Unconstrained Income ETF RiverFront Dynamic Core Income ETF Regulatory Bulletin RB-16-86 To: Subject: ETP HOLDERS RIVERFRONT DYNAMIC UNCONSTRAINED INCOME ETF RIVERFRONT DYNAMIC CORE INCOME ETF Compliance and supervisory personnel should note that, among other things,

More information

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA.

Upon issue, the Shares will be admitted to trading on the main market of the LSE. The Shares are already listed on the Official List of the UKLA. This Supplement contains information relating to the Fund which is a separate fund of the Company. This Supplement forms part of and should be read in the context of, and together with, the Prospectus

More information