Wir informieren Sie als depotführende Stelle über die Änderung der Vertragsbedingungen zu folgenden Fonds:
| Fondsname | WKN | ISIN |
|---|---|---|
| Edmond de Rothschild Fund European Convertible Bonds A Cap. | 798689 | LU0112675722 |
Die detaillierten Informationen zu diesen Fonds entnehmen Sie bitte dem beigefügten dauerhaften Datenträger.
Bitte beachten Sie, dass wir diese Information auf Grund unserer Informationspflicht an die in diesem Fonds investierten Kunden versenden werden.
Wir möchten an dieser Stelle darauf hinweisen, dass es sich bei dem beigefügten Dokument um ein Schriftstück der Fondsgesellschaft handelt. Für die Verwahrung und Administration von Anteilen und die Umsetzung von Aufträgen verweisen wir auf unsere allgemeinen Geschäftsbedingungen nebst Preis- und Leistungsverzeichnis.
Mit freundlichen Grüßen
FFB-Vertriebspartnerbetreuung
EDMOND DE ROTHSCHILD FUND
Investment company with variable capital (société d’investissement à capital variable) organised under the
form of a public limited liability company (société anonyme)
Registered Office: 20, Boulevard Emmanuel Servais, L-2535 Luxembourg
Grand Duchy of Luxembourg
R.C.S. Luxembourg N° B 76441
(the Fund)
NOTICE TO THE SHAREHOLDERS OF THE SUB-FUND
EDMOND DE ROTHSCHILD FUND – EUROPEAN CONVERTIBLE BONDS
Dear Shareholder,
The board of directors of the Fund (the Board) hereby inform you of its decision to make the following
changes in relation to the above sub-fund (the Sub-fund):
1. The name of the Sub-fund will be changed into “Edmond de Rothschild Fund – Convertible Europe
All Caps”.
2. The investment objective and investment policy of the Sub-fund will be restated as follows:
“Objective
The objective of this Sub-Fund is to achieve medium term capital growth by managing a portfolio of
fixed income securities convertible into stocks of companies domiciled in European countries or
exercising a preponderant part of their economic activity in that region.
Investment policy
The Sub-Fund will invest a minimum of 55% of its net assets in convertible or exchangeable bonds
and participating securities or any other assimilated fixed income securities convertible into stocks of
companies domiciled in Europe or exercising a preponderant part of their economic activity in that
region.
The Sub-Fund may invest up to 45% of its net assets in other European fixed income securities.
The securities held in the portfolio may be denominated in a currency other than the euro. Un-hedged
investments denominated in another currency than the euro will not exceed 20% of the Sub-Fund’s net
assets.
The Sub-Fund may invest without any constraint in non-investment grade and unrated securities.
The Sub-Fund will invest not more than 10% of its net assets in equity securities or other participation
certificates.
The Sub-Fund may use financial derivative instruments to achieve its investment objective. Such
instruments may also be used for the purpose of hedging. These instruments may include, but are not
limited to, futures, options, forward contracts, credit derivatives and swaps.
The Sub-Fund will not invest more than 10% of its net assets in UCITS and other eligible Investment
Funds.”
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3. The Sub-fund will adopt the Exane ECI euro, net dividends reinvested, as its benchmark index (the
Benchmark Index).
4. Edmond de Rothschild Asset Management S.A., in its capacity as investment manager of the Subfund,
will be entitled to receive out of the assets of the Sub-fund an outperformance fee at a rate of
15%p.a. calculated on the difference posted between the performance of the relevant class or subclass
and that of the Benchmark Index over the relevant calculation period.
For the Class A-EUR, the first calculation period of the outperformance fee will start on
28 April 2014 and end on 31 March 2015.
This is without prejudice to the ability of the Board to launch other classes of shares in the Sub-fund
which are subject to a lower performance fee or no performance fee at all.
5. The maximum rate of the global management fee that may be charged out of the assets of the Subfund
in relation to Class A-EUR shares will be increased from 1.20%p.a. of the net assets to 1.35%p.a.
of the net assets.
6. In addition to Class A-EUR shares, other classes and sub-classes of shares will be issued in the Subfund.
The changes referred to under items 2., 4. and 5. above are material. Shareholders who do not agree with
these changes may request the redemption of their shares in the Sub-fund free of charge before 28 April 2014
at 12:30 p.m. (Luxembourg time).
The above changes will be effective as of 28 April 2014.
A revised version of the prospectus of the Fund reflecting the above changes is available at the registered
office of the Fund and will be sent to shareholders upon request.
Luxembourg, 26 March 2014
Edmond de Rothschild Fund
For the Board
Name: Geoffroy Linard de Guertechin
Title: Director
