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

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Included in the calculation shall be net realised and unrealised capital gains plus net realised and unrealised capital losses as at the relevant Calculation Day. As a result, incentive fees may be paid on unrealised gains which may subsequently never be realised. The total incentive fee payable will be an amount equal to the incentive fee payable per Share multiplied by the number of Shares in issue of the respective class on the relevant Calculation Day. The amount of incentive fee earned by the Investment Manager in respect of any Calculation Day will be paid to and retained by the Investment Manager regardless of the subsequent performance of the Fund. If the determination of the Net Asset Value per Share is suspended on any Dealing Day the calculation of the incentive fees on that date will be based upon the next available determination of the Net Asset Value per Share and the amount of any incentive fees accrued will be adjusted accordingly. If there are redemptions of Shares on a Dealing Day, such redemptions will be paid at the NAV per Share (less any applicable duties and charges) which shall include an accrual for the incentive fee. The Investment Manager shall be entitled to receive the incentive fee accrued in relation to such redeemed shares, which will be paid to the Investment Manager monthly in arrears. As the NAV per Share is likely to differ between Share classes, the amount of the incentive fee payable in respect of each Share class may also differ. The Investment Manager may, at his discretion, change the Index where, for example, another index is considered to have become the appropriate standard in the context of the investment policy of the Fund. Prior notice will be given to Shareholders of a change in the index and details of any change will be disclosed in the periodic reports of the Fund and the Fund Information Card updated accordingly. <strong>ANIMA</strong> Global Equity Investor Profile This Fund is suitable for retail and institutional investors who see funds as a convenient way of participating in global 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 international 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 of securities listed (or about to be listed) or traded on any Recognised Exchanges worldwide The Fund mainly purchases equity and/or equity related securities (including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs)) of issuers listed or traded on Recognised Exchanges in any country. The Fund may invest up to 30% of net assets in emerging markets of which up to 10% of net assets could be concentrated in Russia. The Fund may also invest up to 10% of its total net assets in each of convertible bonds and warrants. 25
The Fund may maintain a very high exposure to non-Euro currencies Should the Sub-Investment Manager believe that the value of the securities in which the Fund has invested might experience a reduction in value due to poor market conditions, the Sub-Investment Manager may attempt to safeguard that value by purchasing money-market instruments (including cash, repurchase agreements, treasury bills, commercial paper, certificates of deposit) and/or fixed- and/or floating-rate transferable securities (including corporate debt securities, bonds and notes, zero-coupon and discount bonds, debentures) issued by sovereign, government agencies, supranational entities, and/or corporate issuers which are mainly listed or traded on any Recognised Exchanges for up to an aggregate maximum of 30% of the total net assets of the Fund. The Fund will only invest in securities/ instruments of investment grade or better at the time of investment or, if un-rated, which are in the opinion of the Sub-Investment Manager of comparable quality. Where considered appropriate, the Fund may utilise the techniques and instruments such as options, futures, forward foreign exchange contracts and swaps described in Appendix V for investment and/or efficient portfolio management and/or to protect against exchange risks within the conditions and limits laid down by the Central Bank. The strategies to be implemented through the use of derivatives for investment and/or efficient portfolio management purposes, and the commercial purpose behind the use of derivatives for investment purposes are also described in Appendix V and in the section headed “Efficient Portfolio Management”. This may result in a high level of volatility and risk, including counterparty exposure risk. Because currency positions held by the Fund may not correspond with the asset positions held performance may be strongly influenced by movements in foreign exchange rates. Although the use of derivatives may give rise to an additional exposure, any such additional exposure will not exceed 100% of the Net Asset Value of the Fund, provided that any such additional exposure arising through the use of derivatives for investment purposes will not exceed 30% of the Net Asset Value of the Fund. The assets and investments of the Fund are managed by <strong>ANIMA</strong> SGR S.p.A as Sub-Investment Manager. Incentive Fee This incentive fee applies to I Class shares of the Fund only. The following terms shall have the meanings ascribed to them below. Interpretation Calculation Day: means any of (a) each Dealing Day (b) the date of termination of the Investment Management Agreement; or (c) such other date on which the Company or the Fund may be liquidated or cease trading. 26
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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
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The Fund may invest up to 30% of it
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The Fund may engage in stocklending
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“FUND INFORMATION CARD - SOLUTION
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Once identified as having an approp
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“FUND INFORMATION CARD - SOLUTION
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It is intended that the Euro Debt I
Page 35 and 36: “FUND INFORMATION CARD - SOLUTION
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 and 74: The Fund may experience varying lev
Page 75 and 76: The Fund is authorised to invest up
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: Share Class Return: means the Gross
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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