AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

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Risk Profile This Sub-Fund is mainly invested in fixed income related assets for which there is risk of invested capital loss. Special Risk Consideration Risk linked to investments in emerging markets: Legal infrastructure, in certain countries in which investments may be made, may not provide with the same degree of investors' protection or information to investors, as would generally apply to major securities markets (governments’ influence, social, political and economic instability, different accounting, auditing and financial report practises). Emerging markets securities may also be less liquid and more volatile than similar securities available in major markets, and there are higher risks associated to transactions settlement, involving timing and pricing issues. 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 operations 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. Risk linked to high yield debt securities: Some of the high yield securities held in the portfolio may involve increased credit and market risk; such securities are subject to the risk of an issuer’s inability to meet principal and interest payments on its obligations (credit risk) and may also be subject to price volatility due to such factors as interest rate movements, market perception of the creditworthiness of the issuer and general market liquidity. Investment Horizon This Sub-Fund is appropriate for investors who do not withdraw their money for six years. For more details about risks, please refer to general part of the Prospectus, sections entitled “General Risk Considerations” and “Special Risk Considerations”. 246
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 247 I For Institutional Investors only M Only subscribed by <strong>AXA</strong> IM Group with the prior approval of the Directors None None 500.000,00 5.000.000,00 None None None 10.000,00 1.000.000,00 None None None 500.000,00 None None None None 10.000,00 1.000.000,00 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 pm on any Business Day will be processed at the Dealing Price calculated on the following Valuation Day plus respectively less any subscription, redemption or conversion fees as mentioned below. All applications received by the Registrar Agent after 3 pm shall be deemed to have been received on the following Business Day.
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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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Date of publication August 2012 int
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Risks of global investments: Invest
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(3) The one-off charges shown are t
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Holders of Shares held in Euroclear
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This Sub-Fund is appropriate for in
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Date of publication August 2012 The
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All these instruments may be used a
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Minimum initial subscription Minimu
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(1) Subscriptions in USD or the equ
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(7) Calculated on assets in custody
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Name of the Sub-Fund Appendix 22: A
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Liquidity risks linked to investmen
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divided by the total Net Asset Valu
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Subscription, redemption, and conve
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Other The AXA WORLD FUNDS - FRAMLIN
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and may be subject to various types
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(4) Conversion charges: None, excep
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underlying assets. Provided it is i
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(4) Conversion charges: None, excep
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Appendix 30: AXA WORLD FUNDS - EURO
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(1) (2) Subscriptions and Holding M
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contract note. Holders of Shares he
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(or some other designated reference
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(5) Although no management fee will
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(or some other designated reference
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(5) Although no management fee will
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Minimum initial subscription Minimu
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Page 263 and 264: (4) Conversion charges: None, excep
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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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