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

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Outperformance: means the positive difference between the Share Class Return and the Index Return expressed as a percentage. Underperformance: means the negative difference between the Share Class Return and the Index Return expressed as a percentage. In addition to the annual Investment Management fee, the Investment Manager will be paid from the Fund an incentive fee accrued as of each Dealing Day and payable monthly in arrears. Some or all of the incentive fee may be paid to the Sub-Investment Manager. The incentive fee described below may be altered by agreement in writing between the Investment Manager and the Company provided that any such alterations will be notified in advance to Shareholders and any such alterations resulting in an increase in incentive fee will require the prior approval of Shareholders. The incentive fee will be calculated by the Administrator and any payments will be verified by the Custodian. For the purpose of calculating the incentive fee, the Gross NAV per Share will be calculated after deducting any investment management fees payable by the Fund. For avoidance of doubt, the incentive fee shall be calculated and paid after consideration of all other payments. The starting value for the purposes of calculating the incentive fee shall be the NAV per share calculated on 01 November 2012. The incentive fee will be payable in respect of each Calculation Day. The incentive fee will be payable at a rate of 20% of the Outperformance of the Gross NAV per Share, provided that the following preconditions are satisfied: (i) There is an Outperformance on the relevant Calculation Day; and (ii) Any Underperformance on the preceding Calculation Days is cleared before the incentive fee becomes due on subsequent Calculation Days. 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 31
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. Dated: 18 June, 2013” Dated: 18 June, 2013 32
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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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It is intended that the Euro Debt I
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capital while at the same time allo
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Financial Derivative Instruments an
Page 41 and 42: “FUND INFORMATION CARD - SOLUTION
Page 43 and 44: ating reduced below investment grad
Page 45 and 46: The leverage resulting from the use
Page 47 and 48: “FUND INFORMATION CARD - SOLUTION
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 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: derivative instruments on financial
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