AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...
AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ... AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...
global Out-performance of the Fund would imply a Performance Fee payment to the Management Company while individual performance of some investors lags that of the benchmark. (1) Subscriptions in EUR or the equivalent in the relevant currency of the relevant Class. (2) The Directors may, in their discretion, waive or modify the foregoing requirements relating to Class F in particular cases. (3) The one-off charges shown are the most you will pay, the most that might be taken from your investment before it is invested. Ask your adviser or distributor to find out how much you will actually be charged. (4) Conversion charges: None, except in the following circumstances: - the Shareholder has already made 4 conversions in the last 12-month period; in such case the Shareholder may be charged a total fee of a maximum of 1% of the Net Asset Value of the Shares converted for each additional conversion in that 12-month period; or - the Shareholder converts its Shares to a Sub-Fund with a higher sales charge within the first 12-month period following initial investment in the Sub-Fund; in such case the Shareholder will have to pay the difference between the two sales charge levels to the Company. (5) Although no management fee will be paid by the Company, the Management Company may be indirectly remunerated through institutional mandates or investment management agreements. (6) They do not include transaction costs incurred by the Sub-Fund or any performance fees. The Sub- Fund may incur other costs, charges and Administrative Expenses. Please refer to the general part of the Prospectus for more information. (7) Calculated on assets in custody on the basis of the Net Asset Value determined on the last Valuation Day of each month. Notwithstanding such fees, the Custodian will receive customary banking fees per transaction. (8) In addition, the Company will pay a maximum distribution fee for the Class E Shares which is calculated on top of the annual management fee, as a percentage of the Net Asset Value of the Sub-Fund. Date of creation of the Sub-Fund Shares information 11/07/2011 A Practical Information Capitalisation EUR ISIN: LU0645148908 Capitalisation USD hedged (95%) ISIN: LU0645149039 Distribution EUR ISIN: LU0645149112 E Capitalisation EUR ISIN: LU0645149203 AX Capitalisation EUR ISIN: LU0632934401 F Capitalisation EUR ISIN: LU0645149385 Capitalisation USD hedged (95%) ISIN: LU0645149468 Distribution EUR ISIN: LU0645149542 M Capitalisation EUR ISIN: LU0645149625 Dividend Policy Distribution Shares may pay a dividend to their holders. In such case, dividends shall be paid out of the investment income gains and/or realized capital gains, or out of any other funds available for distribution. Nevertheless, no distribution may be made as a result of which the total net assets of the Company would fall below the equivalent in the Reference Currency of the Company of the minimum amount of the net assets of UCIs as required by Luxembourg law. Capitalization Shares capitalize income. The Directors may determine 338
annually, after the end of the relevant accounting year, if and to what extent the Company will pay dividends. Interim dividends may be paid if and when decided by the Directors in compliance with applicable law. Any dividend payments will be confirmed in writing to the holders of Distribution Shares. Unless otherwise specifically requested on the application form, dividends will be reinvested in further Shares of the same Class within the same Sub-Fund and shareholders will be advised of the details by a contract note. Holders of Shares held in Euroclear or Clearstream are not able to have their dividends reinvested. Dividends will be paid to Euroclear or Clearstream which will account for these amounts to the relevant shareholders. Tax information This Sub-Fund might be subject to specific tax treatment in Luxembourg. Depending on your own country of residence, this might have an impact on your investment. For further details, please speak to an adviser. Sub-Fund's Depositary Sub-Fund's Auditor State Street Bank Luxembourg S.A. 49, Avenue J.F. Kennedy L-1855 Luxembourg PricewaterhouseCoopers Sàrl 400, Route d’Esch L-1471 Luxembourg Other The AXA WORLD FUNDS – OPTIMAL ABSOLUTE is a Sub-Fund of AXA WORLD FUNDS. Other Sub-Funds exist for this umbrella and the assets of this Sub-Fund are independent from those of other Sub-Funds. Information about them can be found online at www.axa-im-international.com Date of publication August 2012 The value of this Sub-Fund is calculated and published every Business Day. It is available online at www.axa-im-international.com For this Sub-Fund, a Business Day shall be understood as a day on which banks are open all day for business in Luxembourg, in France, in the United States of America and in Japan. Subscription and redemption of units in this Sub-Fund can be arranged through your adviser or distributor, in which case different subscription, 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 339 Regulatory Authority Commission de Surveillance du Secteur Financier
- Page 287 and 288: (1) Subscriptions in EUR or the equ
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- Page 291 and 292: the standard terms laid down by the
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- Page 297 and 298: it is in its exclusive interest, th
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- Page 303 and 304: Appendix 52: AXA WORLD FUNDS - FORC
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- Page 327 and 328: interest, the Sub-Fund may also sel
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- Page 335 and 336: Risk Profile This Sub-Fund is inves
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- Page 341 and 342: documentation for these derivatives
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- Page 347 and 348: AXA I - GENERAL INFORMATION AXA is
- Page 349 and 350: (ii) AXA Investment Management Inc.
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- Page 353 and 354: Furthermore, there may be an imperf
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- Page 357 and 358: 9. Risks linked to investments in s
- Page 359 and 360: eserves amount to at least ten mill
- Page 361 and 362: (b) Limitations on Control (15) No
- Page 363 and 364: Furthermore, the Company may resort
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- Page 367 and 368: - Class “A” Shares are for all
- Page 369 and 370: their reasonably foreseeable sales
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annually, after the end of the relevant accounting year, if and to what extent<br />
the Company will pay dividends. Interim dividends may be paid if and when<br />
decided by the Directors in compliance with applicable law. Any dividend<br />
payments will be confirmed in writing to the holders of Distribution Shares.<br />
Unless otherwise specifically requested on the application form,<br />
dividends will be reinvested in further Shares of the same Class within<br />
the same Sub-Fund and shareholders will be advised of the details by a<br />
contract note.<br />
Holders of Shares held in Euroclear or Clearstream are not able to have their<br />
dividends reinvested. Dividends will be paid to Euroclear or Clearstream which<br />
will account for these amounts to the relevant shareholders.<br />
Tax information This Sub-Fund might be subject to specific tax treatment in Luxembourg.<br />
Depending on your own country of residence, this might have an impact on<br />
your investment. For further details, please speak to an adviser.<br />
Sub-Fund's<br />
Depositary<br />
Sub-Fund's<br />
Auditor<br />
State Street Bank Luxembourg S.A.<br />
49, Avenue J.F. Kennedy<br />
L-1855 Luxembourg<br />
PricewaterhouseCoopers Sàrl<br />
400, Route d’Esch<br />
L-1471 Luxembourg<br />
Other The <strong>AXA</strong> <strong>WORLD</strong> <strong><strong>FUND</strong>S</strong> – OPTIMAL ABSOLUTE is a Sub-Fund of <strong>AXA</strong><br />
<strong>WORLD</strong> <strong><strong>FUND</strong>S</strong>. Other Sub-Funds exist for this umbrella and the assets of<br />
this Sub-Fund are independent from those of other Sub-Funds. Information<br />
about them can be found online at www.axa-im-international.com<br />
Date of<br />
publication<br />
August 2012<br />
The value of this Sub-Fund is calculated and published every Business Day. It<br />
is available online at www.axa-im-international.com<br />
For this Sub-Fund, a Business Day shall be understood as a day on which<br />
banks are open all day for business in Luxembourg, in France, in the United<br />
States of America and in Japan.<br />
Subscription and redemption of units in this Sub-Fund can be arranged<br />
through your adviser or distributor, in which case different subscription,<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 />
339<br />
Regulatory Authority<br />
Commission de Surveillance du Secteur<br />
Financier
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