AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...
AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ... AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...
Date of publication August 2012 redemption and conversion procedures and time limits may apply. Direct orders can also be sent to your national representative listed on our website at www.axa-im-international.com You can obtain copies of a more comprehensive document on this Sub-Fund in English (the Key Investor Information Document), as well as annual and half-yearly financial reports at any time, free of charge, by contacting us online at www.axa-im-international.com You can find other information about this Sub-Fund at www.axa-iminternational.com 148 Regulatory Authority Commission de Surveillance du Secteur Financier
Appendix 26: AXA WORLD FUNDS – FRAMLINGTON EMERGING MARKETS TALENTS Name of the Sub-Fund AXA WORLD FUNDS – FRAMLINGTON EMERGING MARKETS TALENTS (Previously named AXA World Funds – Talents Brick) Management Company AXA Funds Management S.A. (Luxembourg) Investment Manager AXA Investment Managers UK Limited (London) Sub-delegation None Promoted by AXA Investment Managers Objectives and Investment Policy Investment objective: The objective of the Sub-Fund is to achieve long-term capital growth. Typical investors would seek longterm capital growth measured in euro from an actively managed portfolio of listed equity, equity related securities and derivatives instruments. Investment policy: The Investment Manager will seek to achieve the objectives of the Sub-Fund by investing at least two thirds of its total assets in equities and equity related instruments issued by all cap companies domiciled or which exercise the preponderant part of their economic activities in emerging markets. Investment in securities listed or dealt on the Russian market will, together with Transferable Securities and Money Market Instruments other than those referred to in article 41(1) of the Law of 2010 not exceed 10 % of the net assets of the Sub-Fund. This Sub-Fund will be selecting stocks using an entrepreneur investment philosophy as much as possible and depending on the sectors. Emerging market countries are defined as follows: (i) countries that are generally considered low or middle income countries by the World Bank and (ii) countries which are included in any recognised emerging market index. The Sub-Fund may not invest more than one third of its assets in convertible securities, bonds (with or without warrants) and Money Market Instruments. There is no predetermined geographical asset allocation within these regions. There is no formal restriction on the proportion of the Sub-Fund’s assets that can be invested in and/or exposed to any one particular market. This Sub-Fund will hold a diversified portfolio comprising primarily securities of listed companies such as common stocks, preferred stocks, convertible securities and to a lesser extent warrants on Transferable Securities and subscription notes. The Sub-Fund will invest not more than 10% of its net assets in units of UCITS and/or other UCIs � . For hedging and efficient portfolio management purposes, this Sub-Fund may also expose itself to equities, equity related securities, bonds, any fixed income instruments, indexes and currencies, through the use of derivative instruments within the limits set forth in the section “Investment Restrictions”. Under no circumstances shall these operations cause the Sub-Fund to diverge from its investment objective. The Reference Currency of the Sub-Fund is EUR. Risk Profile This Sub-Fund is mainly invested in equity for which there is high risk of invested capital loss. � Such paragraph shall take effect as from 1 st October 2012. 149
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- Page 117 and 118: Minimum initial subscription Minimu
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- Page 125 and 126: (7) Calculated on assets in custody
- Page 127 and 128: Name of the Sub-Fund Appendix 22: A
- Page 129 and 130: One-off charges (3) Ongoing charges
- Page 131 and 132: Date of publication August 2012 The
- Page 133 and 134: Liquidity risks linked to investmen
- Page 135 and 136: divided by the total Net Asset Valu
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- Page 141 and 142: Date of creation of the Sub-Fund Sh
- Page 143 and 144: Appendix 25: AXA WORLD FUNDS - FRAM
- Page 145 and 146: Subscription, redemption, and conve
- Page 147: Date of creation of the Sub-Fund Sh
- Page 151 and 152: Subscription, redemption, and conve
- Page 153 and 154: Other The AXA WORLD FUNDS - FRAMLIN
- Page 155 and 156: and may be subject to various types
- Page 157 and 158: (4) Conversion charges: None, excep
- Page 159 and 160: Appendix 28: AXA WORLD FUNDS - FRAM
- Page 161 and 162: One-off charges (3) Ongoing charges
- Page 163 and 164: Sub-Fund's Auditor PricewaterhouseC
- Page 165 and 166: underlying assets. Provided it is i
- Page 167 and 168: (4) Conversion charges: None, excep
- Page 169 and 170: Appendix 30: AXA WORLD FUNDS - EURO
- Page 171 and 172: (1) (2) Subscriptions and Holding M
- Page 173 and 174: contract note. Holders of Shares he
- Page 175 and 176: (or some other designated reference
- Page 177 and 178: (5) Although no management fee will
- Page 179 and 180: Appendix 32: AXA WORLD FUNDS - EURO
- Page 181 and 182: Subscription, redemption, and conve
- Page 183 and 184: Sub-Fund's Auditor PricewaterhouseC
- Page 185 and 186: (or some other designated reference
- Page 187 and 188: (5) Although no management fee will
- Page 189 and 190: Appendix 34: AXA WORLD FUNDS - EURO
- Page 191 and 192: Minimum initial subscription Minimu
- Page 193 and 194: Date of creation of the Sub-Fund Sh
- Page 195 and 196: Appendix 35: AXA WORLD FUNDS - EURO
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Date of<br />
publication<br />
August 2012<br />
redemption and conversion procedures and time limits may apply. Direct<br />
orders can also be sent to your national representative listed on our website at<br />
www.axa-im-international.com<br />
You can obtain copies of a more comprehensive document on this Sub-Fund<br />
in English (the Key Investor Information Document), as well as annual and<br />
half-yearly financial reports at any time, free of charge, by contacting us online<br />
at www.axa-im-international.com<br />
You can find other information about this Sub-Fund at www.axa-iminternational.com<br />
148<br />
Regulatory Authority<br />
Commission de Surveillance du Secteur<br />
Financier
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