ANIMA PRIMA FUNDS PLC FIRST ADDENDUM TO ... - ANIMA Sgr

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The Fund may use credit default swaps on individual instruments, on indices or on a basket of indices. These instruments may be used to obtain or preserve a desired return or spread at a lower cost than by direct investment. Any Financial Derivative Instrument not included in the Risk Management Process will not be used until such time as a revised submission has been provided to and cleared by the Central Bank. The leverage resulting from the use of Financial Derivative Instruments will be in accordance with the requirements of the Central Bank. Although the use of Financial Derivative Instruments may give rise to an additional exposure, any such additional exposure will not exceed 100% of the net asset value of the Fund. The Fund may engage in stocklending only for the purposes of efficient portfolio management, subject to the conditions and within the limits laid down by the Central Bank. The use of derivatives for the purposes outlined above may expose the Fund to the risks disclosed in the “Risk Factors” section of the Prospectus. The assets and investments of the Fund are managed by ANIMA SGR S.p.A as Sub-Investment Manager. ANIMA Life Short-Term Investor Profile The Fund is suitable for retail and institutional investors with a medium investment time horizon and/or prepared to accept a low to medium level of volatility. This is a Fund investing primarily in fixed and floating rate transferable securities. The Fund is denominated in Euro. The objective of the Fund is to provide an attractive rate of return. The Fund will seek to achieve this objective through investment on a global basis mainly in a diversified portfolio consisting primarily of Euro denominated money-market instruments of all types (including treasury bills, commercial paper, certificates of deposit) and/ or fixed-and/or floating rate short and/or medium term transferable debt securities of all types (including corporate debt securities, bonds and notes, zero-coupon and discount bonds, debentures) issued by sovereign and/or supranational entities and listed or traded on any Recognised Exchanges of an OECD Member State and/or a Member State. The Fund may also invest up to 10% of net assets in money-market instruments and/or short /medium term debt securities not listed or traded on any Recognised Exchange. The Fund will only invest in securities/instruments of investment grade or better at the time of investment. For the purposes of this Fund investment grade means Standard & Poor's Corporation rating of BBB-. The Fund may invest up to 30% of its net assets in corporate bonds, excluding non-performing loan, collateralized debt obligations (CDO), credit default swaps and credit linked notes. 13
The Fund is authorised to invest up to 100% of its assets in transferable securities consistent with the Fund's investment policy above issued or guaranteed by any of the entities referred to in paragraph 2.12 of Appendix I. The Fund does not make any investments in equity or equity-related securities. Where considered appropriate the Fund may utilise techniques and instruments such as futures, options, stocklending arrangements and forward currency contracts for efficient portfolio management and/or to protect against exchange risks within the conditions and limits laid down by the Central Bank. Forward currency contracts may be used, but solely for hedging purposes. The intention of the hedging is to reduce any potential currency risks to which the Fund may be exposed. It is intended to distribute dividends to Shareholders of the Fund on an annual and semi-annual basis. The Fund may pay dividends out of net investment income and realised profits on the disposal of investments less realised and unrealised losses (including fees and expenses). In addition, in the event that realised profits on the disposal of investments less realised and unrealised losses is negative the Fund may still pay dividends out of net investment income and/or capital. The rationale for providing for the payment of dividends out of capital is to allow the Fund the ability to provide a stable and consistent level of distribution to investors seeking income oriented investment solutions. The Investment Manager is not obliged to communicate an expected dividend rate per share to Shareholders and prospective investors, and although it may choose to do so from time to time, investors should note that any such rate may vary with market conditions. There can be no guarantee that any rate will be achieved, and in the event that there is insufficient distributable income, gains or capital in the Fund to meet a specific level, investors in the Fund may receive no distribution or a lower level distribution. The assets and investments of the Fund are managed by ANIMA SGR S.p.A as Sub-Investment Manager. ANIMA Europe Equity Investor Profile This Fund is suitable for retail and institutional investors who see funds as a convenient way of participating in European capital market developments. Investors should be able to accept significant losses. The Fund is suitable for investors with a long investment time horizon and/or prepared to accept a high level of volatility. This is a Fund investing primarily in European equities. The Fund is denominated in Euro. The objective of the Fund is to seek long-term capital appreciation. The Fund will seek to achieve this objective through investment mainly in a diversified portfolio consisting of securities listed (or about to be listed) or traded on any Recognised Exchange in Europe. The Fund mainly purchases equity securities and/or equity related securities (including American Depository Receipts (ADR’s) and Global Depository 14
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ANIMA PRIMA FUNDS PLC FIRST ADDENDU
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Euro Money Market Instruments: Mini
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During the Subscription Period Duri
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The Fund is designed for investment
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the payment of dividends out of cap
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ANIMA PRIMA FUNDS PLC SECOND ADDEND
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Euro Money Market Instruments: mean
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in a diversified portfolio both of
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The Fund may buy futures or buy cal
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"FUND INFORMATION CARD - SOLUTIONS
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No subscription will be accepted af
Page 23 and 24: The Fund may invest up to 30% of it
Page 25 and 26: The Fund may engage in stocklending
Page 27 and 28: “FUND INFORMATION CARD - SOLUTION
Page 29 and 30: Once identified as having an approp
Page 33 and 34: It is intended that the Euro Debt I
Page 37 and 38: capital while at the same time allo
Page 39 and 40: Financial Derivative Instruments an
Page 43 and 44: ating reduced below investment grad
Page 45 and 46: The leverage resulting from the use
Page 49 and 50: The Fund will never invest in emerg
Page 51 and 52: At any time after the Initial Offer
Page 53 and 54: Each applicable Redemption / Conver
Page 55 and 56: PRIMA Bond 2017 Crescita Imprese In
Page 57 and 58: The Fund will be authorised to inve
Page 59 and 60: At any time after the Initial Offer
Page 61 and 62: The use of the Initial Offer Price
Page 63 and 64: following Funds: ANIMA Global Bond,
Page 65 and 66: money market rate of index. The Fun
Page 67 and 68: The Fund is authorised to invest up
Page 69 and 70: positions held by the Fund may not
Page 71 and 72: The amount of incentive fee earned
Page 73: The Fund may experience varying lev
Page 77 and 78: financial crisis which could negati
Page 79 and 80: Manager may attempt to safeguard th
Page 81 and 82: The Fund may engage in stocklending
Page 83 and 84: As the NAV per Share is likely to d
Page 85 and 86: Share Class Return: means the Gross
Page 87 and 88: The Fund may maintain a very high e
Page 89 and 90: (i) There is an Outperformance on t
Page 91 and 92: derivative instruments on financial
Page 93: Investment Manager shall be entitle
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ANIMA PRIMA FUNDS PLC FIRST ADDENDUM TO ... - ANIMA Sgr

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