AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

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Risks of global investments: Investments in securities issued or listed in different countries may imply the application of different standards and regulations (accounting, auditing and financial reporting standards, clearance and settlement procedures, taxes on dividends…). Investments may be affected by movements of foreign exchange rates, changes in laws or restrictions applicable to such investments, changes in exchange control regulations or price volatility. Derivatives risk and leverage: The Sub-Fund may use both listed and OTC derivatives for investment or hedging purposes, but also repurchase or securities lending agreement. These instruments are volatile and may be subject to various types of risks, including but not limited to market risk, liquidity risk, credit risk, counterparty risk, legal risk and operational risks. In addition, the use of derivatives can involve significant economic leverage and may, in some cases, involve significant risks of loss. Furthermore, investments in OTC derivatives may have limited secondary markets liquidity and it may be difficult to assess the value of such a position and its exposure to risk. For these reasons, there can be no guarantee that strategies using derivatives instruments will meet their expected target. Liquidity risks linked to investments in small and micro capitalisation universe: Investing in the small and micro capitalisation universe implies specific liquidity risk. Investment Horizon This Sub-Fund is appropriate for investors who do not withdraw their money for eight years. For more details about risks, please refer to general part of the Prospectus, sections entitled “General Risk Considerations” and “Special Risk Considerations”. Minimum subscriptions and maximum charges of the Sub-Fund Shares Investors All investors Shares under specific conditions / for specific investors Share Class A E F More specifically designed for Institutional Investors Minimum initial subscription Minimum subsequent investment Minimum holding requirement in the Company Minimum holding requirement in each Sub- Fund (1) (2) Subscriptions and Holding 144 S For HSBC Private Bank Hong Kong and Singapore HK Dedicated to Hong-Kong Distributors and Hong- Kong Investors None None 500.000,00 100.000,00 None None None 10.000,00 None None None None 500.000,00 None None None None 10.000,00 None None
Subscription, redemption, and conversion of shares Applications for subscription, redemption or conversion of Shares may be made on any Business Day to the Registrar Agent or any distributor appointed by the Company in the relevant country. Applications for subscription, redemption or conversion requests received by the Registrar Agent prior to 3.00 p.m. on any Business Day (J) will be processed on the basis of the Dealing Price calculated on the second Valuation Day thereafter (J + 2). All applications received by the Registrar Agent after 3 pm shall be deemed to have been received on the following Business Day. One-off charges (3) Ongoing charges (5) Maximum subscription fees Maximum redemption fees Maximum conversion fees (4) Maximum annual management fees Maximum distribution fees Registrar Agent, Domiciliary, Corporate and Paying Agent, maximum annual fees Maximum annual Custodian fees (6) Fees payable by the Shareholders 5,5% None 2% 5.5% 5.5% None None None None None None None None None None Fees payable by the Company 1.50% 1.50% 0.75% 1.75% 1.75% None 0.75% (7) 145 None None None 0.075% 0.075% 0.075% 0.075% 0.075% 0.065% 0.065% 0.065% 0.065% 0.065% Performance fees The Management Company is entitled to a performance fee ("Performance Fee"), except for Class S Shares and Class HK Shares. The Performance Fee will be calculated in respect of each reference period ("Reference Period"). The first Reference Period has started on 1st January 2007 and ends on 31st December 2007. The subsequent Reference Periods correspond to the Sub-Fund Share Class's accounting years and shall be annual. Performance calculation: On any Valuation day, if the Out-performance is positive, a performance fee provision amounting to 20% of the Out-performance is retained. If the Out-performance is positive but lower than that of the previous Valuation Day, this provision is adjusted through write-backs up to the total of existing provisions. The Out-performance is defined as the difference between the Sub-Fund’s Asset Value, net of all fees and costs but accrued Performance Fees on the one hand, to that of the greater of two benchmark fund values on the other hand: one which performance is equal to the performance of the benchmark
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VISA 2012/87115-1979-0-PC L'apposit
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APPENDIX 46: AXA WORLD FUNDS - UNIV
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GLOSSARY Administrative Expenses -
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DIRECTORY Board of Directors: Mr Jo
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PART I APPENDICES RELATING TO SUB-F
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Hong Kong The Company is authorised
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Appendix 1: AXA WORLD FUNDS - FRAML
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One-off charges (3) Ongoing charges
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Date of creation of the Sub-Fund Sh
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Sub-Fund's Auditor PricewaterhouseC
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Risks of global investments: Invest
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(6) They do not include transaction
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counterparty receives the underlyin
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Tax information This Sub-Fund might
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Minimum subscriptions and maximum c
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Name of the Sub-Fund Appendix 7: AX
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Ongoing charges (6) Maximum annual
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Date of publication August 2012 Sub
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Date of publication August 2012 thr
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Investment Horizon This Sub-Fund is
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Appendix 11: AXA WORLD FUNDS - FRAM
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Date of publication August 2012 and
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Investment Horizon This Sub-Fund is
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(6) Calculated on assets in custody
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Appendix 35: AXA WORLD FUNDS - EURO
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- The Shareholder converts its Shar
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Holders of Shares held in Euroclear
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underlying assets. Provided it is i
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(4) Conversion charges: None, excep
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(7) Calculated on assets in custody
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Subscription, redemption, and conve
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In case of redemption of Shares or
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Date of publication August 2012 Sub
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with highly rated financial institu
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Appendix 42: AXA WORLD FUNDS - GLOB
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- the Shareholder converts its Shar
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(6) They do not include transaction
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Other The AXA WORLD FUNDS - GLOBAL
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Risk Profile This Sub-Fund is mainl
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(4) Conversion charges: None, excep
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contract note. Holders of Shares he
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Special Risk Consideration Derivati
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Appendix 47: AXA WORLD FUNDS - US H
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the Company will pay dividends. Int
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The Reference Currency of the Sub-F
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Appendix 49: AXA WORLD FUNDS - EMER
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(1) Subscriptions in EUR or the equ
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Sub-Fund's Depositary Sub-Fund's Au
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the standard terms laid down by the
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Date of publication August 2012 For
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it is in its exclusive interest, th
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Appendix 52: AXA WORLD FUNDS - FORC
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Sub-Fund's Depositary Sub-Fund's Au
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and market price of the said bond o
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Date of publication August 2012 abo
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Use of Derivatives: In order to ach
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In order to achieve its management
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Unless otherwise specifically reque
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interest, the Sub-Fund may also sel
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Appendix 57: AXA WORLD FUNDS - OPTI
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Risk Profile This Sub-Fund is inves
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annually, after the end of the rele
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documentation for these derivatives
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Date of publication August 2012 thr
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AXA I - GENERAL INFORMATION AXA is
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(ii) AXA Investment Management Inc.
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The Equity Sub-Funds: their objecti
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Furthermore, there may be an imperf
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securities dealers and listed and u
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9. Risks linked to investments in s
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eserves amount to at least ten mill
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(b) Limitations on Control (15) No
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Furthermore, the Company may resort
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VIII - POOLING OF ASSETS For the pu
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- Class “A” Shares are for all
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their reasonably foreseeable sales
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distributor information about the s
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Instructions for redemptions may be
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Institutional Investors as well as
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- the "Liquidity" Sub-Funds (the po
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c) Rights of the Shareholders and c
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� the cost of preparing and filin
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AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

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