AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

distributor information about the subscription procedure relevant to their application together with any time limit by
which the subscription must be received. Investors should note that they may be unable to subscribe for Shares
through a distributor on days that such distributor is not open for business.
All applications received by the Registrar Agent after 3 pm shall be deemed to have been received on the following
Business Day.
Subscription amounts to be paid will be rounded in the unit or sub-unit of the relevant Reference Currency, by
applying normal rounding rules.
Subsequent applications for Shares may be made in writing by FTP, swift, post or facsimile.
The allotment of Shares is conditional upon receipt by the Custodian of monies on the Settlement Day.
Settlement may be made by electronic funds transfer or by Euroclear or Clearstream. Investors should ensure that
any charges incurred on transfers are included in the amount transferred or shown or drafts.
The Dealing Price may, upon approval of the Directors and subject to all applicable laws, namely with respect to a
special audit report prepared by the auditor of the Company confirming the value of any assets contributed in kind, be
paid by contributing to the Company securities acceptable to the Directors, consistent with the investment policy and
investment restrictions of the Company and the relevant Sub-Fund.
Where Shares are registered in the names of joint holders, the Registrar Agent will only accept instructions from all
the joint holders, unless otherwise instructed in writing by all the joint holders.
All transaction orders with respect to any Sub-Fund shall be deemed irrevocable and shall be accompanied by the
duly completed relevant transaction forms or by the transmission of all the required data in a form determined by the
Registrar Agent. A letter of confirmation will be sent to the Shareholder after completion of each transaction.
The Company reserves the right to reject, in whole or in part, any application for Shares.
Nominees
Nominees are banks and financial institutions appointed as distributors by the Company or the company responsible
for arranging the distribution of the Shares of the Company which act as intermediaries between investors and the
Company. Subject to local laws in countries where Shares are offered, the distributors and their agents, if any, may,
on the request of the respective investor, act as nominee for such investors. As nominee the distributor or its agents,
if any, shall, in their name but as nominee for the investor, purchase, convert or redeem Shares and request
registration of such operations in the register of Shareholders. However, the investor is not obliged to make use of
the nominee service provided by the distributor and its agents and shall be entitled at any time to claim direct title to
the Shares. In order to empower the nominee to vote at any general meeting of Shareholders, the investor shall
provide the nominee with specific or general voting instructions to that effect. Applicants retain the ability to directly
invest in the Company without using a nominee service.
The terms and conditions of the nominee services, if any, will be provided in the relevant distribution or nominee
agreement.
The distributor and its agents, if any, will at all times comply with any obligations imposed by any applicable laws,
rules and regulations with respect to anti-money laundering and will furthermore adopt procedures designed to
ensure, to the extent applicable, that they shall comply with the foregoing undertaking. To the extent the distributor or
its agents are not submitted to anti-money laundering regulations, the necessary control will be carried out by the
Registrar Agent of the Company.
Settlement by Electronic Funds Transfer
Investors are advised to pay by electronic funds transfer (in the appropriate Reference Currency) in order to avoid
any delay in the allotment of Shares. The electronic funds transfer form should be completed and forwarded by
investors to their banks. Shares will be allotted upon receipt (if prior to 3 pm on any Business Day) of notification from
the Custodian that an authenticated electronic funds transfer advice or SWIFT message has been received provided
that the transfer of money has been made in strict accordance with the instructions given in the electronic funds
transfer form.
Foreign Exchange
In the event that the application has been made in a currency other than the Reference Currency of the Classes of
Shares within the relevant Sub-Fund(s), the Registrar Agent will perform the necessary foreign exchange
transactions. Investors should be aware that the amount of currency involved and the time of day at which such
foreign exchange is transacted will affect the rate of exchange. No liability shall be accepted by the Custodian,
Registrar Agent or the Company for any losses arising from adverse currency fluctuations.
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