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AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

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IMPORTANT INFORMATION<br />

This prospectus contains information about <strong>AXA</strong> World Funds (the “Company”). The Company is incorporated under<br />

the laws of the Grand Duchy of Luxembourg as a société d’investissement à capital variable. The Company is<br />

registered pursuant to Part 1 of the Law of 2010. Such registration does not require the Regulatory Authority to<br />

approve or disapprove of this Prospectus. Any representation to the contrary is unauthorised and unlawful.<br />

The Company is an Undertaking for Collective Investment in Transferable Securities (“UCITS”) in accordance with<br />

the Council Directive 2009/65/EC as amended (“UCITS Directive”) and the Directors propose to market the Shares in<br />

accordance with the UCITS Directive in certain Member States of the EU. The Directors may also propose to offer for<br />

sale the Shares in non-EU countries as the case may be, provided that such offering is in compliance with local laws<br />

and regulation.<br />

Before investing in the Company a prospective investor should read and consider this Prospectus together with the<br />

Company’s Articles and the latest annual or semi-annual reports as issued from time to time.<br />

An investment in the Company involves risk, including the possible loss of capital. The Company cannot<br />

guarantee the performance of or any future return on the Shares. Please refer to the section "General Risk<br />

Considerations".<br />

The Company draws the investors’ attention to the fact that any investor will only be able to fully exercise his<br />

shareholder rights directly against the Company, (notably the right to participate in general shareholders’ meetings) if<br />

the investor is registered himself and in his own name in the shareholders’ register. In cases where an investor<br />

invests in the Company through an intermediary investing into the Company in his own name but on behalf of the<br />

investor, it may not always be possible for the shareholder to exercise certain shareholder rights directly against the<br />

Company. Investors are advised to take advice on their rights before subscription.<br />

The Directors of the Company have taken all reasonable care to ensure that the facts stated herein are true and<br />

accurate in all material respects and that there are no material facts the omission of which would make misleading<br />

any statement herein, whether fact or opinion. The Directors accept responsibility accordingly.<br />

Terms used without further definition are explained under the heading "Glossary".<br />

No dealer, salesman or other person has been authorised to give any information or to make any representation<br />

other than those contained in this Prospectus in connection with the offer contained herein, and, if given or made,<br />

such information or representation must not be relied upon as having been authorised.<br />

This Prospectus does not constitute an offer to sell or a solicitation of an offer to buy any Shares of the Company in<br />

any jurisdiction in which such offer, solicitation or sale would be unlawful to make such offer in such jurisdiction.<br />

Prospective investors should inform themselves as to the legal requirements and tax consequences within the<br />

countries of their residence and domicile for the acquisition, holding or disposal of Shares and any foreign exchange<br />

restrictions that may be relevant to them.<br />

THE UNITED STATES OF AMERICA (“UNITED STATES” OR “US”)<br />

The Shares are not being offered in the United States, and may be so offered only pursuant to an exemption from<br />

registration under the Securities Act of 1933, as amended (the “1933 Act”). The Shares have not been registered with<br />

the Securities and Exchange Commission or any state securities commission nor has the Company been registered<br />

under the Investment Company Act of 1940, as amended (the “1940 Act”). No transfer or sale of the Shares shall be<br />

made unless, among other things, such transfer or sale is exempt from the registration requirement of the 1933 Act<br />

and any applicable state securities laws, or is made pursuant to an effective registration statement under the 1933<br />

Act and such securities laws and would not result in the Company becoming subject to registration or regulation<br />

under the 1940 Act.<br />

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