Absolute Return Government Bond Fund Application Form Institutional Investors Ignis Global Funds SICAV

Transcription

1 Absolute Return Government Bond Fund Application Form Institutional Investors 1

2 Please note that only Institutional Investors (as defined within Articles 174 & 175 of the Luxembourg law of 17 December 2010 on Undertaking for Collective Investment, as amended) should purchase I class shares. Please ensure you are an eligible institutional investor prior to completing this application form. Important information Before you sign this form, you must read an up-to-date version of the Key Investor Information Document (KIID) for each Sub-fund and Share Class of the UCITS in which you want to invest. Please contact us if you have not received up-to-date versions of these documents, by calling Please also note that, should you wish to make any future investments in any other Sub-Funds and/or Share Classes of the UCITS, you will be required to complete and sign an additional application form. If you want to apply for shares in sub-funds of (the Company ), please complete this application form and return the signed original to the Transfer Agency, The Bank of New York Mellon (Luxembourg) S.A., Attn: AIS Investor Services,, 2-4, Rue Eugène Ruppert, L-2453 Luxembourg. Telephone + (352) or Fax + (352) Please ensure that all required Anti-Money Laundering supplements (see Appendix 1) are attached with this application. Application forms will not be processed if the supplement is not completed in full. Each investor must complete a separate Anti-Money Laundering supplement and attach the appropriate documentation as required. Registered Shareholder Details Mr Mrs Miss Ms Other Registered Shareholder Name (in full) Date of birth Country of Incorporation Date of Incorporation (DDMMYY) Tax Residence Country Designation (if applicable) Permanent Registered Address Postcode Correspondence Address (if different) Postcode 2

3 Contact Name Telephone Number Fax Number Address Joint Shareholders Details 2 Full name Date of birth Address 3 Full name Date of birth Address 4 Full name Date of birth Address Politically Exposed Persons (PEPs*) Politically Exposed Persons: Are you currently a natural person(s) who is/are or has at anytime in the preceding year been entrusted with prominent public functions; or are you an immediate family member or person(s) known to be close associates of such persons? Please tick as appropriate. Yes: No: (*) Please refer to Section III (c) of Appendix 1 for further information. Source of Wealth: Source of Funds: Expected account activity: Beneficial Owner Declaration Please tick the following as appropriate: I am/we are investing on my/our own behalf and I am/we are the ultimate economic beneficiary(ies) of the Fund and any subsequent income invested. I am/we are investing on behalf of a third party who is the ultimate economic beneficiary of the Fund and any subsequent income invested. If investing on behalf of a third party, the third party has to be fully identified unless the applicant is a regulated professional of the financial sector located in a recognised equivalent FATF country. Where no box is ticked the first statement will be taken as default meaning that the applicant is the beneficial owner. 3

4 Please provide full name of Beneficial Owner(s) if different from Registered Shareholder(s). For all legal entities, please enter below the names of any persons that own or control more than 25% of the voting rights in the body or partnership, or are entitled to more than 25% of its capital or profits. Full Name Capacity (e.g. Trustee, Partner, Shareholder, Beneficiary etc) Permanent Registered Address Date of Birth I/We hereby certify that the above is a complete list of the beneficial owners and controllers as described above and that they are known to me/one or more of us or, in the case of a class of beneficiary, that the description is appropriate and accurate. To be signed by one or more of the Registered Shareholders detailed on previous page, in whose names the shares will be registered. Authorised signature(s): 1: 2: 3: 4: Investment details I/We want to invest in the following sub-fund pursuant to the terms and conditions of the Prospectus of the Company (together with any applicable Addenda, Supplements and Key Investor Information Document, collectively referred to as the Prospectus ). I/We confirm I/we have received this documentation Please complete the Cash Subscription Amount or Number of Shares for the Share Class required in the table overleaf. 4

5 Ignis Absolute Return Government Bond Fund Share Class Currency Initial Minimum Investment Cash Subscription Amount Number of shares ISIN I Accumulation GBP 1,000,000 LU EUR Hedged 1,000,000 LU CHF Hedged 1,000,000 LU USD Hedged 1,000,000 LU SEK Hedged 10,000,000 LU SI Accumulation GBP 50,000,000 LU EUR Hedged 50,000,000 LU CHF Hedged 50,000,000 LU USD Hedged 50,000,000 LU SEK Hedged 500,000,000 LU I Distribution GBP 1,000,000 LU EUR Hedged 1,000,000 LU SI Distribution GBP 50,000,000 LU

6 Payment/Subscription Method Payments must be made by electronic transfer. The minimum subscription must be met after deduction of all applicable bank charges. Please note the Shareholder will be liable for all banking charges. Transfer instructions should specify the applicant s name, account number and Share Class into which the subscription is being made. Please provide either a SWIFT payment reference number or a copy of your SWIFT payment instruction to the Transfer Agency at the time of transfer of subscription payments (if payment made via SWIFT). Please note that the details of both the Intermediary Bank and the Beneficiary Bank must be quoted on your transfer instructions. The following details should assist you with the transfer. You must wire the payment from an account in your name. Third party payments are not accepted. Euro denominated payments Intermediary Bank BIC: DEUTDEFF (Deutsche Bank, Frankfurt) BLZ Code: Beneficiary Bank BIC: IRVTLULXLTA (The Bank of New York (Luxembourg) S.A.) IBAN: DE Special Instructions: FFC a/c (IGNIS GLOBAL FUNDS) - Deal Reference Sterling denominated payments Intermediary Bank BIC: IRVTGB2X (The Bank of New York, London) Sort Code: Beneficiary Bank BIC: IRVTLULXLTA (The Bank of New York (Luxembourg) S.A.) IBAN: GB34IRVT Special Instructions: FFC a/c (IGNIS GLOBAL FUNDS) - Deal Reference US Dollar denominated payments Intermediary Bank BIC: IRVTUS3N (The Bank of New York) BLZ Code: Beneficiary Bank BIC: IRVTLULXLTA (The Bank of New York (Luxembourg) S.A.) A/C No: Special Instructions: FFC a/c (IGNIS GLOBAL FUNDS) - Deal Reference Swiss Franc denominated payments Intermediary Bank BIC: Credit Swiss Swift code: CRESCHZZ80A Beneficiary Bank BIC: IRVTLULXLTA (The Bank of New York Mellon, Luxembourg S.A.) IBAN: Special Instructions: FFC (IGNIS GLOBAL FUNDS SICAV SR ACCOUNTS) - Deal Reference Swedish Krona denominated payments Intermediary Bank BIC: Skandinaviska Enskilda, Stockholm Swift Code: ESSESESS Beneficiary Bank BIC: IRVTLULXLTA (The Bank of New York (Luxembourg) S.A.) IBAN: Special Instructions: FFC a/c (IGNIS GLOBAL FUNDS) - Deal Reference 6

7 Payment/Redemption Instructions Please complete the following section with your bank account details. These details will apply to all payments and redemptions. Name of bank Full postal address of your bank Swift/Sort code Intermediary Bank BIC BLZ Code For the Account of BIC Beneficiary Bank BIC Beneficiary Account No. Special Instruction IBAN No (mandatory for GBP and EUR payment account If within EU zone) Name of account holder Account number Signature 1 Signature 2 (if joint account) Swift/ Sort code Date 7

8 Correspondent/pay through bank Name of bank Full postal address of your bank Swift/Sort code Reporting Requirements Please specify how you want to receive contract notes and statements. (Please note if left blank, standard default position will apply as denoted by *). Fax* Post Encrypted If requesting , please complete the form in Appendix 2. Non-US Persons I/We hereby confirm that I/we am/are not a US Person 1 and that the Shares hereby applied for are not being acquired directly or indirectly by or on behalf of, or for the account of, a US Person*. (please tick the relevant box) Yes No *Applicants who are unable to make this certification should contact the Transfer Agency. 1 U.S. Person means (1) a natural person who is a resident of the U.S.; (2) a Partnership, Corporation or other entity organised under the laws of a U.S. jurisdiction or which has a principal place of business in a U.S. jurisdiction; (3) an estate or trust, the income of which is subject to U.S. income tax regardless of the source, or if any Executor or Transfer Agency of such an estate or any Trustee of such a Trust, as the case may be, is a U.S. Person ; (4) an entity, even if organised under the laws of a non-u.s. jurisdiction and which has its principal place of business in a non-u.s. jurisdiction, organised principally for passive investment such as a pool, Investment Company or other similar entity, if (i) units of participation in such entity held by U.S. Persons represent in the aggregate 10 per cent or more of the beneficial interest in such entity; (ii) such entity was formed principally for the purpose of facilitating investment by U.S. Persons in a pool with respect to which the operator is exempt from certain requirements of Part 4 of the United States Commodity Futures Trading Commission s Regulations by virtue of its participants being non- U.S. Persons ; or (iii) such entity was formed by one or more U.S. Persons principally for the purpose of investing in securities not registered under the 1933 Act, as amended; and (5) a pension plan for the employees, officers or principals of an entity organised and with its principal place of business inside the U.S., or if such plan is established and administered in accordance with the laws of the U.S. 8

9 Adviser Details If the applicant was introduced to the Company, (any of its sub-funds or Share Classes) by a Third Party Distributor or similar Intermediary please complete the details below. Details of Professional Adviser / Distributor / Intermediary Name Address Regulated Number of Intermediary Name of Regulatory Body Address Telephone Number Fax Number Agent s stamp (please complete) FCA Reference No. or, relevant governing body Evidence of identity (advisers only). Is this a retail client? If selection not made, will default to retail client. Yes No Have you attached a completed Identification Verification Form (original or certified)? Yes No Have you verified the source of the Funds to be that of the clients? Yes No 9

10 Please tick the appropriate box (adviser only). If selection not made, will default to advice received. Advised Execution-Only/Non-Advised RDR Exempt Platform/Aggregated Nominees Please complete the declaration below if you have carried out the Anti-Money Laundering checks on your client. I hereby confirm that I, acting as a regulated intermediary, subject to regulations equivalent to those in Luxembourg, have verified the identity of the client by viewing original identification documentation and will provide certified true copies of the same to the Company or the Transfer Agency upon reasonable request. I confirm that I have attached a completed Letter of Undertaking (Please refer to Appendix 3) Yes: No: Full Name Signature Date Facsimile Indemnity Please complete this section if you want to give your instructions by facsimile. I/We want to give instructions to you by facsimile (please tick box) This indemnity relates to holdings of shares of the Company in accounts in my/our name/company or in respect to which I am/we are authorised to give instructions. I/We want to have the flexibility to give instructions to you by facsimile. I/We acknowledge that facsimile transmission is not a secure form of communication and gives rise to higher risks of manipulation or attempted fraud. Facsimiles may also be of poor quality and thus unclear. Therefore, in consideration of your agreement, at my/our request, to act upon receipt of facsimile instructions with respect to such accounts: a) until you receive written notice to the contrary, I/we authorise you to act upon such instructions without any reference to or further authority from me/us and without enquiry whatsoever, provided that such instructions are or are seen to be given by me/us or by persons who have been notified to you for the purpose in the manner agreed between us; and b) I/We agree to keep you and the Company indemnified from and against all liabilities, losses, costs, actions, proceedings, claims and demands which may be incurred by or brought or made against you or the company arising directly or indirectly from you having acted upon such instructions in the circumstances referred to in (a) above. If this indemnity is given by more than one holder, it will be joint and several. This indemnity is given for the benefit of the Company and the Administrative Agent of the Company, The Bank of New York Mellon (Luxembourg) S.A. The indemnity is governed by and shall be interpreted in accordance with Luxembourg law. The courts of the Grand Duchy of Luxembourg will have exclusive jurisdiction of all disputes arising from this indemnity. Written confirmation may still be requested by The Bank of New York Mellon (Luxembourg) S.A. at their discretion. Redemption proceeds are payable only to the Registered Shareholder to the bank details on file. Such details cannot be changed by facsimile. 10 Governing Law and Submission to Jurisdiction The Application Form shall be governed by and construed in accordance with the laws of Luxembourg and the courts of Luxembourg will have exclusive jurisdiction to settle any dispute arising out of or in connection with this Application Form.

11 Data Protection Statement In accordance with the provisions of the Luxembourg law of 2 August 2002 on the protection of persons with regard to the processing of personal data, as amended, the Company has to inform the applicant that his/her/its personal data is kept by means of a computer system. The Company collects, stores and processes by electronic or other means the data supplied by applicants at the time of their application for the purpose of fulfilling the services required by the applicant(s) and complying with its legal obligations. The data processed includes the name, address, the account number, the positions and transaction flows, payment details and nationality of each applicant (the Personal Data ). In particular, the Personal Data supplied by the applicant is processed for the purpose of (i) account and distribution fee administration, (ii) anti-money laundering and terrorism financing identification, (iii) maintaining the register of Shareholders, (iv) processing subscription, redemption and conversion orders (if any) and (v) providing client-related services. The Company can delegate to another entity including the Administrator or Transfer Agency, the processing of the Personal Data, in compliance and within the limits of the applicable laws and regulations. For the purposes referred to above, the Company is permitted to transfer such data to other companies or entities within the group of the Administrator, Transfer Agency, Ignis Investment Services Limited (the Investment Manager ) (or affiliates thereof) or any third party and I/we expressly consent to such transfer. Each Shareholder has a right to access his/her/its Personal Data and may ask for a rectification thereof in cases where such data is inaccurate and incomplete. In relation thereto, the Shareholder can ask for a rectification by letter addressed to the Company. The Shareholder has a right of opposition regarding the use of his/her/its Personal Data for marketing purposes. The Shareholder s Personal Data shall not be held for longer than necessary with regard to the purpose of the data processing, observing the legal periods of limitation. Personal Data is usually kept for a period of five years after redemption. We or other companies within the Standard Life Investments group may contact you with details of other products or special offers. If you would like to receive this information please tick this box. 11

12 Tax regulations Instructions for completion We are obliged under tax regulations to collect certain information about each investor s tax arrangements. Please complete the sections below as directed and provide any additional information that is requested. Please note that in certain circumstances we may be legally obliged to share this information, and other financial information with respect to an investor s interests in the Fund with relevant tax authorities. This form is intended to request information only where such request is not prohibited by Luxembourg law. If you have any questions about this form or defining the investor s tax residency status, please refer to the OECD CRS Portal or speak to a tax adviser. For further information on FATCA or CRS please refer to the following websites: or the following link: in the case of CRS only. If any of the information below about the investor s tax residence or FATCA/CRS classification changes in the future, please advise of these changes promptly. Investors that are individuals should complete the section Individual Self Certification. Investors who are not indiviudals should complete the section Entity Self Certification. Please note that where there are joint or multiple account holders each investor is required to complete a separate Self-Certification form. This form must be completed by each individual unit holder. Where there is more than one investor, please refer to our web site for additional forms 12

13 Individual Self-Certification Section 1: Investor Identification (Mandatory fields are marked with an *) Investor Name*: Current Residential Address*: Number: Street: City, Town, State, Province or County: Postal/ZIP Code: Country: Place Of Birth* Town or City of Birth*: Country of Birth*: Date of Birth*: Section 2: FATCA Declaration of U.S. Citizenship or U.S. Residence for Tax purposes*: Please tick either (a) or (b) and complete as appropriate. (a) I confirm that [I am]/[the investor is] a U.S. citizen and/or resident in the U.S. for tax purposes and [my]/[its] U.S. federal taxpayer identifying number (U.S. TIN) is as follows: OR (b) I confirm that [I am not]/[the investor is not] a U.S. citizen or resident in the U.S. for tax purposes. Section 3: CRS Declaration of Tax Residency (please note you may chose more than one country)* Please indicate your/ the investor s country of tax residence (if resident in more than one country please detail all countries of tax residence and associated taxpayer identification numbers ( TIN ). Please see the CRS Portal for more information on Tax Residency. Country of Tax Residency Tax ID Number NOTE: Provision of a Tax ID number (TIN) is required unless you are tax resident in a Jurisdiction that does not issue a TIN. 13

14 Section 4: Declaration and Undertakings: I declare that the information provided in this form is, to the best of my knowledge and belief, accurate and complete. I acknowledge that the information contained in this form and information regarding the Account Holder may be reported to the tax authorities of the country in which this account(s) is/are maintained and exchanged with tax authorities of another country or countries in which the Account Holder may be tax resident where those countries (or tax authorities in those countries) have entered into Agreements to exchange financial account information. I undertake to advise the recipient promptly and provide an updated Self-Certification form where any change in circumstances occurs which causes any of the information contained in this form to be incorrect. Authorised Signature*: Print Name*: Date: (dd/mm/yyyy)*: Capacity*: 14

15 Entity Self-Certification for FATCA and CRS Section 1: FATCA Declaration Specified U.S. Person: Please tick either (a), (b) or (c) below and complete as appropriate. a) The Entity is a Specified U.S. Person and the Entity s U.S. Federal Taxpayer Identifying number (U.S. TIN) is as follows: U.S. TIN: Or b) The Entity is not a Specified U.S. Person (please also complete Sections 3, 4 and 5) Or c) The Entity is a US person but not a Specified U.S. Person (please also complete Sections 3, 4 and 5) Section 2: Entity s FATCA Classification* (the information provided in this section is for FATCA, please note your classification may differ from your CRS classification in Section 5): 2.1 Financial Institutions under FATCA: If the Entity is a Financial Institution, please tick one of the below categories and provide the Entity s GIIN at 3.2 I. Luxembourg Financial Institution or a Partner Jurisdiction Financial Institution II. Registered Deemed Compliant Foreign Financial Institution III. Participating Foreign Financial Institution 2.2 Please provide the Entity s Global Intermediary Identification number (GIIN) 2.3 If the Entity is a Financial Institution but unable to provide a GIIN, please tick one of the below reasons: I. The Entity has not yet obtained a GIIN but is sponsored by another entity which does have a GIIN Please provide the sponsor s name and sponsor s GIIN: Sponsor s Name: Sponsor s GIIN: II. III. IV. Exempt Beneficial Owner Certified Deemed Compliant Foreign Financial Institution (including a deemed compliant Financial Institution under Annex II of the Agreement) Non-Participating Foreign Financial Institution V. Excepted Foreign Financial Institution 2.4 Non-Financial Institutions under FATCA: If the Entity is not a Financial Institution, please tick one of the below categories I. Active Non-Financial Foreign Entity II. III. Passive Non-Financial Foreign Entity (If this box is ticked, please include self-certification forms for each of your Controlling Persons) Excepted Non-Financial Foreign Entity 15

16 Section3: CRS Declaration of Tax Residency (please note that you may choose more than one country)* Please indicate the Entity s country of tax residence for CRS purposes, (if resident in more than one country please detail all countries of tax residence and associated tax identification numbers ( TIN )). NOTE: Provision of a Tax ID number (TIN) is required unless you are tax resident in a Jurisdiction that does not issue a (TIN). If the Entity is not tax resident in any jurisdiction (e.g., because it is fiscally transparent), please indicate that below and provide its place of effective management or country in which its principal office is located. Country of Tax Residency Tax ID Number Section 4: Entity s CRS Classification*(The information provided in this section is for CRS. Please note an Entity s CRS classification may differ from its FATCA classification in Section 3): For more information please see the CRS Standard and associated commentary. mentaries/#d.en Financial Institutions under CRS: If the Entity is a Financial Institution, please tick one of the below categories I. Financial Institution under CRS(other than (II) below) II. An Investment Entity located in a Non-Participating Jurisdiction and managed by another Financial Institution (If this box is ticked, please indicate the name of any Controlling Person(s) of the Entity and complete a separate individual selfcertification forms for each of your Controlling Persons **) 4.2 Non Financial Institutions under CRS: If the Entity is a Non Financial Institution, please tick one of the below categories I. II. Active Non-Financial Entity a corporation the stock of which is regularly traded on an established securities market or a corporation which is a related entity of such a corporation Active Non-Financial Entity a Government Entity or Central Bank III. Active Non-Financial Entity an International Organisation IV. V. Active Non-Financial Entity other than (I)-(III) (for example a start-up NFE or a non-profit NFE) Passive Non-Financial Entity (If this box is ticked, please complete a separate Individual Self-Certification Form for each of your Controlling Person(s) ) **Controlling Person s: NB: Please note that each Controlling Person must complete a Separate Individual Self-Certification form. If there are no natural person(s) who exercise control of the Entity then the Controlling Person will be the natural person(s) who hold the position of senior managing official of the Entity. 16 For further information on Identification requirements under CRS for Controlling Persons, see the Commentary to Section VIII of the CRS Standard. ries/#d.en

17 Section 5: Declarations and Undertakings I/We declare (as an authorised signatory of the Entity) that the information provided in this form is, to the best of my/our knowledge and belief, accurate and complete. I acknowledge that the information contained in this form and information regarding the Account Holder may be reported to the tax authorities of the country in which this account(s) is/are maintained and exchanged with tax authorities of another country or countries in which the Account Holder may be tax resident where those countries (or tax authorities in those countries) have entered into Agreements to exchange financial account information. I/We undertake to advise the recipient promptly and provide an updated Self-Certification where any change in circumstance occurs which causes any of the information contained in this form to be incorrect. Authorised Signature(s)*: Authorised Signature(s)*: Print Name(s)*: Print Name(s)*: Capacity in which declaration is made*: Capacity in which declaration is made*: Date: (dd/mm/yyyy):* 17

18 Declarations and Signature By signing hereunder, I/we expressly declare, confirm, acknowledge and agree the following: I. I/We confirm that I/we have received and read the information contained in this form and confirm that an up-to-date version of the Key Investor Information Document(s) has been provided to me/us. I/We confirm that I/we have read the Key Investor Information Document and that any additional future investments in the specific Sub-Fund or Share Class of the UCITS as selected by me/us on this form can also be transacted based on this confirmation. I/We understand that future investments in any other Sub-Funds and/or Share Classes of the UCITS will require me/us to complete and sign an additional Application Form. I/We confirm that I/we have regular access to the internet to use the website to obtain the documents mentioned above and agree to the provision of the information via this medium or have otherwise been provided with paper versions of these documents. I/We request and authorise to act in accordance with my/our instructions. II. Subscription orders will only be accepted if (i) all supporting registration documentation has been received and validated by the Transfer Agency, and (ii) all Anti-Money Laundering supplements have been provided to the satisfaction of the Company and the Transfer Agency before the relevant cut-off time as detailed in the latest version of the Prospectus. III. I/We agree to transfer the correct subscription amount in the correct currency to be received in cleared funds into the correct bank account within the prescribed time limit (as set out in the Prospectus) for a subscription on the relevant Valuation Day (as defined in the Prospectus). IV. I/We hereby acknowledge that the Company reserves the right to reject any application for shares of the Company or any of it sub-funds in whole or in part. I/We hereby acknowledge that I/we have received and read the current Prospectus relating to the Company and that this application is made subject to the terms of the Prospectus and to the Articles of Incorporation of the Company. V. I/We have read a copy of the latest Prospectus of the Company and am/are fully aware of and understand the financial risk associated with a subscription for Shares of the Company or any of its sub-funds and I/we accept that any market fluctuations may lead to a loss of all or part of my/our investment. VI. I/We hereby declare that the Shares are not being acquired and will not be held in violation of any applicable laws. VII. I/We, the undersigned, declare that I/we are not acting on behalf of US Person1(s), nor do I/we intend selling or transferring any Shares which I/we may purchase to any person who is a US Person1. VIII. I/We hereby confirm that I/we shall be deemed to make, on a continuing basis, each of the statements contained herein unless I/we notify you to the contrary in relation to any Shares I/we may hold or obtain at any time. IX. I/We consent to details of our shareholding being disclosed to the Investment Manager or any companies within the Investment Manager s group of companies. 18 X. I/We understand that the subscription will be effected within three (3) Business Days from the relevant Valuation Day; or in the case of late payment of subscription amounts or non-payment of the correct subscription amounts, such subscription may be cancelled. I/We understand and agree that, in determining whether cleared subscription monies have been received into the relevant subscription account prior to the payment cut-off time for subscriptions of the relevant currency on the relevant Valuation Day, the records of the Transfer Agency s receiving bank shall be conclusive and shall take precedence in the event of any discrepancy with the records of my/our transferring bank. I/We hereby agree that none of the Company, the Directors, the Investment Manager or the Transfer Agency shall have any liability whatsoever in respect of any late or non-payment of subscription monies (including without limitation any dispute in respect

19 of the timing of receipt of subscription monies) and I/we hereby agree to indemnify and hold harmless the Company, the Directors, the Investment Manager and the Transfer Agency against any loss, liability, cost or expense (including without limitation legal fees, taxes and penalties) which may result directly or indirectly, from any late or non-payment of subscription monies. XI. I/We understand and acknowledge that all subscriptions are subject to, and will only be effected after, the necessary Anti-Money Laundering checks have been completed to the satisfaction of the Company, the Transfer Agency and/or the Investment Manager. I/We understand and acknowledge that, in certain circumstances, applications submitted prior to the applicable cut-off time for the relevant Valuation Day may not afford sufficient time for the completion of the necessary checks in time to process such subscription on the requested Valuation Day and that, consequently, subscriptions may be effected on a subsequent Valuation Day once such checks have been satisfactorily completed. I/We hereby acknowledge and agree that none of the Company, the Directors, the Investment Manager or the Transfer Agency shall have any liability whatsoever in respect of any loss, liability, cost or expense (including without limitation legal fees, taxes and penalties) which may result, directly or indirectly, from any delay in processing any subscription application (including without limitation any failure to process any subscription application on the requested Valuation Day), due to carrying out such Anti-Money Laundering checks. XII. I/We hereby confirm that I/we and the persons I/we represent as agent or nominee or our beneficial owners or persons who control us or are controlled by us are not a prohibited country, territory, individual or entity listed on the US Department of Treasury s Office of Foreign Assets Control ( OFAC ) website at or that any of them is, as described in the website, a foreign shell bank or a senior foreign political figure or an immediate family member or close associate of a senior foreign political figure and subscription monies are not directly or indirectly derived from activities that may contravene United States federal or state, or international, laws and regulations, including anti-money laundering laws and regulations. XIII. When making and signing an application all authorised signatories must authorise any dealing or other instructions in writing unless a separate signing authority has been completed and received by the Transfer Agency. Please request separate signing authority from the Transfer Agency if required. XIV. I/We hereby agree to indemnify and hold harmless the Company, the Directors, the Investment Manager and Transfer Agency, against any loss, liability, cost or expense (including without limitation legal fees, taxes and penalties) which may result directly or indirectly, from any misrepresentation or breach of any warranty, condition, covenant or agreement contained herein or in any other document delivered by the undersigned to the Company. XV. I/We hereby confirm that the Company, the Directors, the Investment Manager and the Transfer Agency are each authorised and instructed to accept and execute any instructions in respect of the shares to which this Application Form relates given by me/us by facsimile. I/We hereby agree to indemnify the Company, the Directors, the Investment Manager and the Transfer Agency and agree to keep each of them indemnified against any loss, liability, cost or expense (including without limitation legal fees, taxes and penalties) of any nature whatsoever arising to each of them as a result of any of them acting on such facsimile instructions. The Company, the Directors, the Investment Manager and the Transfer Agency may rely conclusively upon and shall incur no liability in respect of any action taken upon any notice, consent, request, instructions or other instrument believed, in good faith, to be genuine or to be signed by properly authorised persons. 19

20 Legal Persons I/We hereby declare that I am/we are:- (i) a legal person not being an individual and not acting in a representative capacity on behalf of an individual; or (ii) an entity liable to corporation tax in Luxembourg or an equivalent tax in another country; or (iii) an undertaking for collective investment in transferable securities ( UCITS ) or have elected for the purpose of the EU Savings Directive to be treated as a UCITS. If the Legal Person is unable to make any of these declarations please contact the Transfer Agency. For corporate applications, the full title of the corporation and its registered office must be provided within the Registered Shareholder Details Section. An application on behalf of a Company must be executed by two duly authorised officers whose capacity must be stated. New investors should also attach an original/certified copy authorised signatory list. In the case of a Partnership/Firm (not a limited company) applications should be in the name(s) of and signed by all Partners/Proprietor(s). If there is insufficient space below to provide details of all the relevant individuals, please tick here and continue onto a separate sheet of paper which should be attached to this form. Person 1 Person 2 Full Name Full Name Capacity Capacity Signature Signature Date Date Natural Persons 1. I/We hereby declare that I am/we are making this investment on my/our own behalf and not on behalf of any other person or entity. 2. I/We acknowledge that I/we will provide a certified copy of my/our Passport or a national identity card which must display a photograph, signature and give details of my/our date and place of birth. I/We will also provide details of my/our tax identification number if this does not appear on the Passport or other identity card provided. Documentary proof such as a certificate of tax residency from a relevant tax authority may also be required. 3. I/We confirm that I am/we are over 18 years of age. 4. I/We agree to undertake to ensure all such information is up to date and will notify the Transfer Agency of any change in the information provided as soon as reasonably possible I/We agree to indemnify and hold harmless the Transfer Agency in its capacity as Paying Agent against any loss liability costs or expenses which may be incurred by the Transfer Agency as a result of my/our failure to provide the information required. I/We acknowledge that Shares may not be issued and repurchase proceeds may be frozen until all required information and documentation required by the Transfer Agency pursuant to the EU Savings Directive is provided.

21 Applicant Signatures (All applicants must sign) Signature (First Authorised Signatory) Date Signature (Second Authorised Signatory) Date Signature (Third Authorised Signatory) Date Signature (Fourth Authorised Signatory) Date When complete, please return this Application Form and the relevant payment to Transfer Agency, The Bank of New York Mellon (Luxembourg) S.A., Attn AIS Investor Services,, 2-4, Rue Eugène Ruppert, L-2453 Luxembourg. Telephone + (352) or Fax + (352)

22 APPENDIX 1 Anti-Money Laundering Supplement You (the Investor ) must complete this supplement (the Anti-Money Laundering Supplement ) in order to become an Investor in the Fund. Your subscription agreement will not be deemed complete, and you will not be deemed an investor in the Fund, regardless of whether you have already wired funds, until all of the required documentation listed below is received by The Bank of New York Mellon (Luxembourg) S.A. ( BNYM ), the Transfer Agency. Any delay in providing documentation may result in delayed processing of the application and or delayed payment of any future payment proceeds. Depending on its risk assessment of an Investor, the Transfer Agency reserves the right to request additional documentation as may be required from time to time. Enhanced Due Diligence is required on investors and/or related parties who are Politically Exposed Persons (PEPs). The Transfer Agency will require additional information where the investor and/or related parties is a PEP or in order to disregard the investor as a possible PEP. See Section III (c) for further information. Section II details the documentation requirements per the more frequently seen Investor types, for further information, please contact the Investor Services Department on or by at [email protected] I. APPLICANT DETAILS: Name of Applicant: Residential/Registered Address: Occupation (if applicable): Business / Economic sector: Country (ies) where operations are based: Date of Birth / Date of Incorporation: Place of Birth: Country of Birth: Beneficial Owners (For Companies the natural persons with a controlling interest and for Trusts the settlor, the trustee or person exercising effective control over the trust, and the beneficiaries) 22

23 II. ADDITIONAL INFORMATION The following materials must be provided to the Transfer Agency (BNYM) and all copies must be certified by an appropriate authority^ 1. Intermediary 1 - Supervised and based in an AML equivalent jurisdiction Please provide the name of your Regulator and Licence or Registration Number: Name of Regulatory Authority or website URL: Registration/License No: Certificate of Supervision or proof of supervision extracted from an official register of the Supervisory Authority. Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). 2. Intermediary 2 - Based in an AML equivalent jurisdiction where parent is a Supervised Financial Institution also based in an AML equivalent country Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (Certificate of Good Standing available in certain countries only) or extract from an official governmental website Certified true copy of the shareholders register and analysis to prove the ownership of the intermediary by a Parent Financial Institution in an AML country or documented analysis of the beneficial owner(s) should be undertaken and the verification of their identity(ies) performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certificate of Supervision or proof of supervision for the Parent Company extracted from an official register of the Supervisory Authority (no certification needed). Please provide the name of the Supervisory Authority and Licence or Registration Number of the Parent Company: Name of Regulatory Authority or website URL: Registration/License No: ^All documents have to be certified true by a local competent authority e.g. embassy, consulate, notary, police commissioner, or by a financial institution which is subject to customer identification standards equivalent to those in force in Luxembourg. Each document should be stamped, Certified as True Copy of Original documentation, dated, signed, and include the address, telephone number and contact details of the certifying body. 23

24 3. Intermediary 3 - Supervised and based in an non-aml equivalent jurisdiction in Lower Risk Countries. Please contact BNYM for confirmation of country risk rating Please provide the name of your Regulator and Licence or Registration Number: Name of Regulatory Authority or website URL: Registration/License No: Certificate of Supervision or proof of supervision extracted from an official register of the Supervisory Authority. Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Certified true copy of the shareholders register and analysis to prove the ownership of the intermediary by a Parent Financial Institution in an AML country or documented analysis of the beneficial owner(s) should be undertaken and the verification of their identity(ies) performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certified true copy of the most recent register of Directors Identification documents of the signatories who signed the application form as per performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Copy of the latest Audited Financial Report 4. Intermediary 4 - Supervised and based in an non-aml equivalent jurisdiction in Higher Risk Countries. Please contact BNYM for confirmation of country risk rating Please provide the name of your Regulator and Licence or Registration Number: Name of Regulatory Authority or website URL: Registration/License No: Certificate of Supervision or proof of supervision extracted from an official register of the Supervisory Authority. Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Certified true copy of the shareholders register and analysis to prove the ownership of the intermediary by a Parent Financial Institution in an AML country or documented analysis of the beneficial owner(s) should be undertaken and the verification of their identity(ies) performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certified true copy of the most recent register of Directors Identification documents of the signatories who signed the application form as per performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement 24 Copy of the latest Audited Financial Report

25 5. Private individual, national or resident in a low/medium-risk country (please check country classification with the BNYM) (Documentation is required for each Joint holder as applicable) Certified true copy of a valid Passport including name, identification number, signature, photo ID, place and date of birth as well as the expiration date or Certified true copy of a valid Identity Card including name, identification number, signature, photo ID, place and date of birth as well as the expiration date or Certified true copy of a valid Driving License including name, signature and photo ID (only accepted if Passport or Identity Card are unobtainable). Certified true copy of a recent proof of residence i.e. utility bill, broker statement (less than 3 months old). Individual confirms that they are investing on their own behalf. Yes: No: 6. Private individual, national or resident in a high-risk country (please check country classification with BNYM) as well as Politically Exposed People (PEPs) (Documentation is required for each Joint holder as applicable) Certified true copy of a valid Passport including name, identification number, signature, photo ID, place and date of birth as well as the expiration date. Certified true copy of a valid Identity Card including name, identification number, signature, photo ID, place and date of birth as well as the expiration date. Certified true copy of a valid Driving License including name, signature and photo ID (only accepted if Passport or Identity Card are unobtainable). Certified true copy of a recent proof of residence i.e. utility bill, broker statement (less than 3 months old). Source of Wealth: Occupation of the investor(s): 7. Supervised Financial Institution based in an AML Equivalent country Evidence of Supervision or proof of supervision extracted from an official register of the Supervisory Authority. Please provide the name of your Supervisory Authority and Licence or Registration Number: Name of Supervisory Authority or website URL: Registration/License No: Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). 25

26 8. Supervised Financial Institution based in a non-aml Equivalent country but not Higher Risk Countries. Please contact BNYM for confirmation of country risk rating Evidence of Supervision via an extract of the Supervisory Authority register. Please provide the name of your Supervisory Authority and Licence or Registration Number: Name of Supervisory Authority or website URL: Registration/License No: Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Certified true copy of original identification documents of the signatories who signed the application form as per requirements listed under private individual on Page S-4 of this supplement (i.e. ID card or passport plus proof of residence). Certified true copy of the Article of Association / Incorporation Certified true copies or if appropriate, originals of the Certificate of Incorporation or extract from an official governmental register (not required if evidence of supervision has been provided from the Supervisory Authority) Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (not required if supervised and if evidence of supervision has been provided from the Supervisory Authority). Certified true copy of the shareholders register and / or inventory of beneficiaries. Based on the shareholder register, a documented analysis of the beneficiaries holding (directly or indirectly) more than 25% of the company shares owner(s) should be undertaken and validated by the investor. Verification of the identity(ies) of the beneficiary(ies) holding (directly or indirectly) more than 25% of the company shares should be performed as per requirements listed under private individual on Page S-4 of this supplement (i.e. ID card or passport plus proof of residence). Copy of the latest Audited Financial Report 9. Supervised Financial Institution based in a non-aml Equivalent country and Higher Risk Countries. Please contact BNYM for confirmation of country risk rating Evidence of Supervision via an extract of the Supervisory Authority register. Please provide the name of your Supervisory Authority and Licence or Registration Number: Name of Supervisory Authority or website URL: Registration/License No: 26 Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet).

27 Certified true copy of original identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement(i.e. ID card or passport plus proof of residence). Certified true copy of the Article of Association / Incorporation Certified true copies or if appropriate, originals of the Certificate of Incorporation or extract from an official governmental register (not required if evidence of supervision has been provided from the Supervisory Authority) Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (not required if supervised and if evidence of supervision has been provided from the Supervisory Authority). Certified true copy of the shareholders register and / or inventory of beneficiaries. Based on the shareholder register, a documented analysis of the beneficiaries holding (directly or indirectly) more than 25% of the company shares owner(s) should be undertaken and validated by the investor. Verification of the identity(ies) of the beneficiary(ies) holding (directly or indirectly) more than 25% of the company shares should be performed as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement (i.e. ID card or passport plus proof of residence). Copy of the latest Audited Financial Report Source of Funds for the investment: 10. Trusts (including Pension Schemes/Plans/Funds set up as a Trust) where the Trustee is a Supervised Financial Professional in an AML Equivalent country Identification of the Trustee where it is a Financial Professional in an AML equivalent country: Trustee s evidence of Supervision or proof of supervision extracted from an official register of the Supervisory Authority Please provide the name of your Supervisory Authority and Licence or Registration Number: Name of Supervisory Authority or website URL: Registration/License No: Trustee s certified true copy or if appropriate, originals of its current and dated list on company letterhead of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions ) or an officially published booklet of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions - there is no certification required for the booklet) Certified copy of trust deed or a certified extract of the latest Trust Deed which identifies the purpose of the trust: the settlor the source of funds the protector (if applicable) 27

28 the trustees, the authority of the trustees and; the capacity of the trustees Verification as per requirements listed under private individual on Page S-4 of this supplement (i.e. ID card or passport plus proof of residence).have to be identified in their capacity as beneficial owners. For trusts, the beneficial owner shall at least include: Where the future beneficiaries have already been determined and cannot be changed (example of an irrevocable trust), the natural person(s) who is the beneficiary of 25% or more of the property of a legal arrangement or entity; Where the individuals that benefit from the legal arrangement or entity have yet to be determined (example of a revocable trust), the class of persons in whose main interest the legal arrangement or entity is set up or operates; The natural person(s) who exercise(s) control over 25% or more of the property of a legal arrangement or entity. Note: since the Trustee is a Supervised Financial Professional in an AML Equivalent country, AML letter of undertaking may be received as alternative to these verification requirements. 11. All other Trusts (including Pension Schemes/Plans/Funds set up as a Trust) Due to the various different structures involving trusts, BNYM Luxembourg may ask for alternative or additional documents depending on the information initially received. Identification of the Trustee where it is a Financial Professional in an AML equivalent country: Trustee s evidence of Supervision or proof of supervision extracted from an official register of the Supervisory Authority Please provide the name of your Supervisory Authority and Licence or Registration Number: Name of Supervisory Authority or website URL: Registration/License No: Trustee s certified true copy or if appropriate, originals of its current and dated list on company letterhead of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions ) or an officially published booklet of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions - there is no certification required for the booklet) Certified copy of trust deed or a certified extract of the latest Trust Deed which identifies the purpose of the trust: the settlor the source of funds the protector (if applicable) the trustees, the authority of the trustees and; the capacity of the trustees 28

29 Verification as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement(i.e. ID card or passport plus proof of residence).have to be identified in their capacity as beneficial owners. For trusts, the beneficial owner shall at least include: Where the future beneficiaries have already been determined and cannot be changed (example of an irrevocable trust), the natural person(s) who is the beneficiary of 25% or more of the property of a legal arrangement or entity; Where the individuals that benefit from the legal arrangement or entity have yet to be determined (example of a revocable trust), the class of persons in whose main interest the legal arrangement or entity is set up or operates; The natural person(s) who exercise(s) control over 25% or more of the property of a legal arrangement or entity. Note: since the Trustee is a Supervised Financial Professional in an AML Equivalent country, AML letter of undertaking may be received as alternative to these verification requirements. If the Trustee is a physical person, identification documents of the signatories who signed on behalf of the Trustee the application form to be vetted as per requirements listed under private individual on Page S-4 of this supplement (i.e. ID card or passport plus proof of residence). If the Trustee is a legal entity please refer to the relevant section of this supplement to identify the relevant requirements. Identification documents of the Settlor(s) and or Protector(s) as disclosed in the Trust Deed and as per the relevant section of this grid Source of Funds for the investment: 12. Corporate listed on recognised Stock Exchange in an AML equivalent country Evidence of the company s listing (e.g. Bloomberg, Reuters or webpage of a recognised stock exchange, etc.) Name of Exchange or Exchange s Website URL: Stock/Ticker symbol: Certified true copy or if appropriate, originals of a current and dated list on company letterhead of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions ) or an officially published booklet of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions - there is no certification required for the booklet) Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement 13. Other Corporate but not Higher Risk Countries (Please contact BNYM for confirmation of country risk rating) Evidence of the company s listing (e.g. Bloomberg, Reuters or webpage of a recognised stock exchange, etc.) Name of Exchange or Exchange s Website URL: Stock/Ticker symbol: 29

30 Certified true copy or if appropriate, originals of a current and dated list on company letterhead of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions ) or an officially published booklet of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions - there is no certification required for the booklet) Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (Certificate of Good Standing available in certain countries only) or extract from an official governmental website Copy of the latest Audited Financial Report or equivalent in order to assess the source of wealth Certified true copy of the Articles of Association/Incorporation Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy of the shareholders register and / or inventory of beneficiaries. Verification of the identity(ies) of the beneficiary(ies) holding directly or indirectly more than 25% of the company shares should be performed as per section private individual on Page S-4 of this supplement. List of persons who otherwise exercise control over the management of the company and verification of their of their identity (ies) should be performed as per section private individual on Page S-4 of this supplement. 14. Other Corporate - Higher Risk Countries (Please contact BNYM for confirmation of country risk rating) Evidence of the company s listing (e.g. Bloomberg, Reuters or webpage of a recognised stock exchange, etc.) Name of Exchange or Exchange s Website URL: Stock/Ticker symbol: Certified true copy or if appropriate, originals of a current and dated list on company letterhead of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions ) or an officially published booklet of Signing Powers (including specimen signatures and powers of the persons who instructs the transactions - there is no certification required for the booklet) Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (Certificate of Good Standing available in certain countries only) or extract from an official governmental website Copy of the latest Audited Financial Report or equivalent in order to assess the source of wealth 30 Certified true copy of the Articles of Association/Incorporation

31 Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy of the shareholders register and / or inventory of beneficiaries. Verification of the identity(ies) of the beneficiary(ies) holding directly or indirectly more than 25% of the company shares should be performed as per section private individual on Page S-4 of this supplement. List of persons who otherwise exercise control over the management of the company and verification of their identity (ies) should be performed as per section private individual at section II 6. of this Anti-Money Laundering supplement Source of Funds for the investment: 15. Open-ended Fund, Sicav, FCP, Unit Trust supervised and based in an AML equivalent country Copy of Prospectus, Offering Document / Memorandum or equivalent (has to provide information about the Administrator / Registrar and Transfer Agent) Evidence of Supervision via an extract of the Supervisory Authority register. In case of a Unit Trust evidence of Supervision has to be provided for the Trustee. Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Where instructions are given by an administrating party identified in the prospectus or otherwise appointed by the fund s board, identification of that party should be undertaken in line with the applicable section of this supplement. Confirmation from the administrator of the fund of any beneficiary owning (directly or indirectly) more than 25% of the company s shares. 16. Closed-ended Fund, Sicav, FCP, Unit Trust supervised and based in an AML equivalent country Copy of Prospectus, Offering Document / Memorandum or equivalent (has to provide information about the Administrator / Registrar and Transfer Agent) Evidence of Supervision via an extract of the Supervisory Authority register. Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Certified true copy or if appropriate, original Register of Shareholders. Based on the Register of Shareholders an analysis of the shareholders owning more than 25% of the Fund will be performed and the identity of the shareholders has to be documented as per relevant section of this AML Supplement (Note: in case of legal structure, a proper analysis of the beneficial ownership structure has to be documented and validated by the Board of the Fund or its Company Secretary). 17. Open-ended Fund, Sicav, FCP, Unit Trust based in a non-aml equivalent country Copy of Prospectus, Offering Document / Memorandum or equivalent (has to provide information about the Administrator / Registrar and Transfer Agent) 31

32 Evidence of Supervision via an extract of the Supervisory Authority register. In case of a Unit Trust evidence of Supervision has to be provided for the Trustee. If applicable, certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (Certificate of Good Standing available in certain countries only) or extract from an official governmental website Certified true copy of the Articles of Association/Incorporation Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Where instructions are given by an administrating party identified in the prospectus or otherwise appointed by the fund s board, identification of that party should be undertaken in line with the applicable section of this supplement. Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Confirmation from the administrator of the fund of any beneficiary owning (directly or indirectly) more than 25% of the company s shares. Duly completed AML Due Diligence Questionnaire (i.e. Wolfsberg questionnaire); in case of non-self-managed funds, this documentation should originate from counterparties in charge of managing/administering the fund (i.e. the Administrator) Copies of the Administrator AML & CFT Policy and Procedures 18. Closed-ended Fund, Sicav, FCP, Unit Trust based in a non-aml equivalent country Copy of Prospectus, Offering Document / Memorandum or equivalent (has to provide information about the Administrator / Registrar and Transfer Agent) Evidence of Supervision via an extract of the Supervisory Authority register. In case of a Unit Trust evidence of Supervision has to be provided for the Trustee. If applicable, certified true copy or if appropriate, originals of the evidence of registration e.g. extract of commercial register, Certificate of Incorporation (Certificate of Good Standing available in certain countries only) or extract from an official governmental website Certified true copy of the Articles of Association/Incorporation Certified true copy of the latest register of Directors (Certificate of Incumbency available in certain countries only) Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Where instructions are given by an administrating party identified in the prospectus or otherwise appointed by the fund s board, identification of that party should be undertaken in line with the applicable section of this supplement. 32 Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement

33 Duly completed AML Due Diligence Questionnaire (i.e. Wolfsberg questionnaire); in case of non-self-managed funds, this documentation should originate from counterparties in charge of managing/administering the fund (i.e. the Administrator) Copies of the Administrator AML & CFT Policy and Procedures 19. Pension Schemes/Pension Funds set up as a Trust/Investment Fund/Company Evidence of Supervision via webpage of the Supervisory Authority or official evidence of registration under the relevant law governing pension funds. Name of Supervisory Authority or website URL: Registration/License No: Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Verification of the employer who is making payment into the scheme (settlor) as per the relevant section of this grid Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Dependent on the structure of the Pension Scheme (i.e. trust, fund, company, etc.), identification of the pension scheme should be undertaken in line with the applicable section of this supplement Where instructions are given by an administrating party identified in the prospectus or otherwise appointed by the Pension s board, identification of that party should be undertaken in line with the applicable section of this grid 20. Foundation, Charities, Association, Clubs and Partnership Copy of latest Financial Report Evidence of Registration or extract from an official governmental register. Please provide the name of the governmental body (register) and Licence or Registration Number: Name of the governmental body (register) or website URL: Registration/License No: Certified true copy of the Partnership agreement or equivalent for Foundations, Charities, Associations and Clubs Certified true copy or if appropriate, originals of a current and dated list on Foundation s letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement 33

34 Certified true copy of the list of the shareholders of the partnership, foundation, charity, association or club in order to identify the beneficiaries owning (directly or indirectly) more than 25% of the shares; List of the natural person(s) who exercise(s) control over 25% or more of the property of a legal arrangement or entity. Source of Funds for the investment: 21. Supra National Organisations Proof of existence / authority to act (official document issued by a governmental body) Certified true copy or if appropriate, originals of a current and dated list on company letterhead of all authorised signatories or an officially published booklet of authorised signatories (there is no certification required for the booklet). Identification documents of the signatories who signed the application form as per requirements listed under private individual at section II 6. of this Anti-Money Laundering supplement Evidence to confirm that the official representing the body has the authority to act (i.e. official letter from the organisation) Source of Funds for the investment: III. REPRESENTATIONS AND COVENANTS OF THE INVESTOR You should check the website of the U.S. Treasury Department s Office of Foreign Assets Control ( OFAC ) at before making the following representations. (A) The Investor represents that the amounts used to purchase shares of the Fund (the Shares ) were not and are not directly or indirectly derived from activities that may contravene applicable laws and regulations, including anti-money laundering laws and regulations. United States federal regulations and executive orders administered by OFAC prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals.** The lists of OFAC prohibited countries, territories, persons and entities can be found on the OFAC website at < ofac>. In addition, the programs administered by OFAC ( OFAC Programs ) prohibit dealing with individuals or entities in certain countries regardless of whether such individuals or entities appear on the OFAC lists. The Investor represents and warrants that, to the best of its knowledge, none of: (1) the Investor; (2) any person controlling or controlled by the Investor; (3) if the Investor is a privately held entity, any person having a beneficial interest in the Investor; or (4) any person for whom the Investor is acting as agent or nominee in connection with this investment is a country, territory, individual or entity named on an OFAC list, nor is a person or entity prohibited under the OFAC Programs. Please be advised that the Fund may not accept any amounts from a prospective Investor if it cannot make the representation set forth in the preceding paragraph. If an existing Investor cannot make these representations, the Fund may require the redemption of such Investor s Shares or take such other actions as may be required under applicable law. 34 **These individuals include specially designated nationals, specially designated narcotics traffickers and other parties subject to OFAC sanctions and embargo programs.

35 (B) The Investor agrees to notify the Fund promptly in writing should the Investor become aware of any change in the information set forth in these representations. The Investor is advised that, by law, the Fund may be obligated to freeze the account of the Investor, either by prohibiting additional subscriptions from the Investor, declining any redemption requests and/ or segregating the assets in the account in compliance with governmental regulations, and the Fund may also be required to report such action and to disclose the Investor s identity to OFAC or other applicable governmental or regulatory authorities. The Investor further acknowledges that the Fund may, by written notice to the Investor, suspend the payment of redemption proceeds payable to the Investor if the Fund reasonably deems it necessary to do so to comply with anti-money laundering regulations applicable to the Fund, the Investment Manager or any of the Fund s other service providers. (C) The Investor represents and warrants that, to the best of its knowledge, none of: (1) the Investor; (2) any person controlling or controlled by the Investor; (3) if the Investor is a privately held entity, any person having a beneficial interest in the Investor; or (4) any person for whom the Investor is acting as agent or nominee in connection with this investment is a senior foreign political figure,*** or any immediate family member**** or close associate of a senior foreign political figure as such terms are defined in the footnotes below. (D) If the Investor is a non-u.s. banking institution (a Non-U.S. Bank ) or if the Investor receives deposits from, makes payments on behalf of, or handles other financial transactions related to a Non-U.S. Bank, the Investor represents and warrants to the Fund that: (1) the Non-U.S. Bank has a fixed address, other than solely an electronic address, in a country in which the Non-U.S. Bank is authorized to conduct banking activities; *** politically exposed person means an individual who is, or has at any time in the preceding year been, entrusted with a prominent public function, including either of the following individuals (but not including any middle ranking or more junior official): (a) a specified official; (b) a member of the administrative, management or supervisory body of a state-owned enterprise; specified official means any of the following officials (including any such officials in an institution of the European Communities or an international body): (a) a head of state, head of government, government minister or deputy or assistant government minister; (b) a member of a parliament; (c) a member of a supreme court, constitutional court or other high level judicial body whose decisions, other than in exceptional circumstances, are not subject to further appeal; (d) a member of a court of auditors or of the board of a central bank; (e) an ambassador, chargé d affairs or high-ranking officer in the armed forces. ****The definition also expands to a close associate, immediate family member of a politically exposed person and includes any of the following persons: a) any individual who has joint beneficial ownership of a legal entity or arrangement or any other close business relations with a politically exposed person b) any individual who has sole beneficial ownership of a legal entity or legal arrangement set up for the actual benefit of a politically exposed person c) any spouse of a PEP d) any person who is the equivalent of a spouse under the national law of the place where the PEP resides e) any cohabitant, f) any child or parent of the politically exposed person or spouse of the child g) any other family member who is of a prescribed class. 35

36 (2) the Non-U.S. Bank employs one or more individuals on a full-time basis; (3) the Non-U.S. Bank maintains operating records related to its banking activities; (4) the Non-U.S. Bank is subject to inspection by the banking authority that licensed the Non- U.S. Bank to conduct banking activities; and (5) the Non-U.S. Bank does not provide banking services to any other Non-U.S. Bank that does not have a physical presence in any country and that is not a regulated affiliate. (E) The Investor understands and agrees that any redemption proceeds paid to it will be paid to the same account from which the Investor s investment in the Fund was originally remitted, unless the Administrator agrees otherwise. (F) The Investor agrees that, upon the request of the Fund or the Administrator, it will provide such information as the Fund or the Administrator require to satisfy applicable anti-money laundering laws and regulations, including, without limitation, the Investor s anti money laundering policies and procedures, background documentation relating to its directors, trustees, settlors and beneficial owners, and audited financial statements, if any. 36

37 SIGNATURE PAGE The undersigned hereby represents that: (i) the information contained herein is complete and accurate and may be relied upon; and may be relied upon; and (ii) the anti-money laundering/ofac representations contained herein are true and correct. IN WITNESS WHEREOF, the undersigned has executed this Anti-Money Laundering Supplement this day of, 20. INDIVIDUALS Signature ENTITIES Print Name of Entity Print Name By: Authorised Signature Additional Investor Signature Print Name and Title Print Name Name of Trustees or Other Fiduciaries Exercising Investment Discretion with Respect to Benefit Plan or Trust Signature Printed Name Title Signature Printed Name Title Signature Printed Name Title 37

38 EXHIBIT A FOR U.S. INVESTORS ONLY PLEASE COMPLETE THE NOTARIZATION ACKNOWLEDGMENT STATE OF ) COUNTY OF ) ) ss: On this day of, 20, before me personally appeared, to me known and known to me to be the individual who executed the foregoing Anti-Money Laundering Supplement in the capacity therein indicated, who acknowledged that he or she, being authorized to do so, executed the foregoing instrument for the purposes therein contained and in the capacity therein indicated as his or her own free act and deed. Notary Public My Commission Expires: 38

39 APPENDIX 2 This form should be completed if requiring any account information to be sent by to either The Registered Shareholder(s) or a related party. Step 1: Complete this Application Form. This form must list the names, address, contact numbers and address for each party to whom the Registered Shareholder authorises account information to be sent by (multiple copies of the registration form may be submitted to accommodate additional users). All authorised signatories of the account must sign in Section 4 Authorisation of this form, where indicated, to permit The Bank of New York Mellon (Luxembourg) S.A. to provide the requested service. Step 2: Make a copy of the document for your records and send the signed original to the address below: Transfer Agency The Bank of New York Mellon (Luxembourg) S.A. Attn: AIS Investor Services 2-4, Rue Eugène Ruppert L- 2453, Luxembourg Once the original document has been received and approved by The Bank of New York Mellon (Luxembourg) S.A. the requested addresses will be established and future correspondence will be distributed by to the Registered Shareholder and each of the related parties. In the event of any of the related parties ceasing to be authorised to receive such information, you must notify The Bank of New York Mellon (Luxembourg) S.A. immediately so that The Bank of New York Mellon (Luxembourg) S.A. can disable the relevant related party from receiving information related to the account, otherwise The Bank of New York Mellon (Luxembourg) S.A. will rely on this application form as a representation that the related party continues to be authorised to receive such information. With the selected password you or any designated related parties will be able to access encrypted s, but please note that it is your responsibility to advise the encrypted password to any related parties who will be receiving information by . Should you have any questions on completing this form, please contact The Bank of New York Mellon (Luxembourg) S.A by telephone: or [email protected] SECTION 1: REGISTERED SHAREHOLDER DETAILS Holder ID (leave blank if new): Share holder Name: Address: Address: Tel No: Fax No: 39

40 SECTION 2: PASSWORD SELECTION Password: (min length) Password must be at least 10 characters in length, and may contain: 1. English uppercase characters (A Z) 2. English lowercase characters (a z) 3. Numeric digits (0 9) 40

41 SECTION 3: RELATED PARTY DETAILS This section should be completed with the details of any additional parties to whom account information is to be sent by . Related Party Name:.. Related Party Name: Mailing Address:.... Mailing Address: Telephone: Telephone: Fax:.... Fax: Related Party Name:. Related Party Name: Mailing Address:.. Mailing Address: Telephone:..... Telephone: Fax:.... Fax:

42 SECTION 4 AUTHORISATION I/We hereby request that access to receive information, related to all accounts in which I am/we are invested under administration by The Bank of New York Mellon (Luxembourg) S.A., by or fax be provided to the related parties listed in this application form. I/We hereby agree to abide by the terms and conditions attached hereto and forming part of this registration form: Authorised Signature Authorised Signature Name printed Name printed Date: Date: Authorised Signature Authorised Signature Name printed Name printed Date: Date: The information you supply on this form will be used for the purpose of providing you with the service you have requested. 42

43 TERMS AND CONDITIONS Please read the following terms and conditions carefully. They govern your use of encrypted . Before using this service, you must agree to be bound by these terms and conditions and accept them in full. You agree that these terms and conditions will apply each time you use your password to access information sent by . You are advised to take the time to read these terms and conditions carefully, as proceeding further you will be deemed to have accepted them. This agreement is between you ( you or user ) and BNYM. For the purposes of this agreement, the term BNYM is defined as The Bank of New York Mellon (Luxembourg) S.A. No Warranties. Although BNYM attempts to provide accurate information, data, names, images, pictures, logos, icons, documents, and materials (collectively, the Contents ) by to the user, It makes no representation, endorsement, or warranty that such Contents are accurate, reliable, complete or suitable for any particular purpose. The user alone bears sole responsibility for evaluating the merits and risks associated with the use of the Contents for any purposes, including investment purposes. Nothing contained in any communication constitutes investment advice, legal, tax, or other advice, nor is to be relied on in making an investment or other decision and users should always obtain relevant and specific professional advice before making any investment decision. BNYM makes no warranty whatsoever to you, express or implied, regarding the security of the , including with respect to the ability of unauthorised persons to intercept or access information which may be transmitted by . Information transmitted by is provided on an as is basis. Use of the contents is at the user s sole risk. User acknowledges that communications may be interrupted without notice and may not be error-free. Information provided by is provided without any representations, endorsements, or warranties of any kind whatsoever, either express or implied, including, but not limited to, any warranties of title, accuracy, that communications will be uninterrupted or error-free, that defects will be corrected, or that any document sent by will be free of viruses or other harmful components and any implied warranties of merchantability, fitness for a particular purpose, or non-infringement, with the sole exception of warranties (if any) which cannot be expressly excluded under applicable law. Liability. BNYM shall have no liability to you or any other third party in relation to any loss (including for the avoidance of doubt any special, indirect, incidental, punitive or consequential loss or damage) suffered by you from your use of this service as a result of any delay or defect in or failure of the whole or any part of (or any combination of) the service, the use of contents of documents sent to you by , or as a result of mistranslation or as a result of loss of data or misinterpretation which may arise as a result of the translation process. To the extent permitted by Luxembourg law, BNYM shall not be liable for any loss or damage whatsoever incurred or experienced by you arising directly or indirectly as a result of your use, inability to use or rely on this service, the contents of any document sent to you from BNYM by , or the supply or non-supply of any of the foregoing or otherwise under these terms and conditions. Copyrights and Other Intellectual Property. Except where otherwise expressly noted or as noted below, all Contents, including the graphics, icons, are the sole and exclusive property of BNYM. The posting of the Contents neither constitutes a waiver of any of BNYM s proprietary rights or any other party s proprietary rights, including but not limited to, copyrights, trademarks, servicemarks, patents, and other intellectual property, nor a transfer by implication, estoppel, or otherwise of any such rights or of any license to the user or to any third party. Contents are protected by international copyright laws, both as individual works and as a collection and by international trademark laws. You agree not to delete any copyright, trademark or similar notice from any Contents. The display of any trademarks does not grant a license of any kind to the user. 43

44 BNYM shall be free to use, for any purpose, any ideas, concepts, know-how, or techniques provided by a service user to BNYM through this service. User Passwords. If you are granted access to information by via a secure user password, you agree that you will keep your user password confidential. You may not disclose your user password to any other party except for those designated related parties listed in Section 3 of this Encrypted Registration Form. You agree to implement security policies and procedures intended to protect the confidentiality of your user password. You shall promptly notify BNYM in the event that you become aware of any actual or potential disclosure of your user password to any other unauthorised party. You agree to accept responsibility for all activities occurring under your password that are due to your conduct, inaction, or negligence. Indemnification. You agree to indemnify and hold BNYM, its officers, directors, employees and agents harmless from and against any and all claims, liabilities, costs, arising out of or in any way connected with your access to or use of this service, including third party claims filed against BNYM, expenses and damages that are incurred by BNYM, including legal fees and costs. Termination and Interruption. The rights granted to you herein terminate immediately upon any violation by you of these terms of use. BNYM reserves the right to terminate or interrupt your access to this service at any time, without notice, for any reason whatsoever. You agree that BNYM shall not be liable to you or any third party for any termination or interruption of your access to this service. Governing Law. These Terms and Conditions shall be governed by and construed in accordance with the law of Luxembourg. Venue. Disputes arising from the use of this service shall be exclusively subject to the competent courts of the City of Luxembourg. 44

45 APPENDIX 3 Letter of Undertaking Template Letter of Undertaking (example) to be received from designated body on their letterhead <Date> Re: Letter of Undertaking Anti Money Laundering/Counter Financing of Terrorism Investment in <insert name of fund and share class> To Whom It May Concern, We declare that <insert name of regulated body i.e. registered investor name> is licensed as <insert description> by <insert name of regulatory authority> under the laws of the member states of the EU, member countries of the EEA and countries that are a member of FATF. We herby confirm that in accordance with our regulatory requirements and more generally that: 1. We hereby established and maintain AML procedures that, at a minimum, includes written policies, procedures and internal controls reasonably designed to prevent, detect and report instances of money laundering, to adequately train staff, to follow domestic and international recommendations with regard to sanctions against persons and entities, and take reasonable measures to verify the identity of investors within our client funds. 2. In accordance with the AML procedures, designed to combat money laundering, we have taken reasonable measures to verify the identity of all relevant investors/beneficial owners/connected counterparties. We have reviewed the names of all investors against internationally recognised sanctions lists including those of the EU, UN and Office for Foreign Assets Control. 3. We will retain all documentation necessary to identify those clients and beneficial owners for at least 5 years from the end of the relationship with the investor/client and will provide you with a copy of the relevant documentation upon request. 4. In the event we identify a client/investor meeting the definition of a politically exposed person (PEP), or the PEP s immediate family member or associate as such terms are defined in the EU Directive 2005/60/EC (as amended) we shall bring this to your attention immediately. 5. We will inform you immediately if we become aware of our clients/investors engaging in activities which lead us to believe that such client/investor is money laundering or financing terrorism subject to such disclosure not being prohibited under our regulatory requirements. Authorised Signature For and on behalf of <Name of Regulated Body> 45

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48 Standard Life Investments Limited is registered in Scotland (SC123321) at 1 George Street, Edinburgh EH2 2LL. Standard Life Investments Limited is authorised and regulated by the Financial Conduct Authority. Calls may be monitored and/or recorded to protect both you and us and help with our training Standard Life, images reproduced under licence D116_1215_ARGBF_Class_I_App 0616