AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

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Appendix 8: AXA WORLD FUNDS – FRAMLINGTON EURO RELATIVE VALUE Name of the Sub-Fund AXA WORLD FUNDS – FRAMLINGTON EURO RELATIVE VALUE (Previously named AXA World Funds – Euro Value Equities) Management Company AXA Funds Management S.A. (Luxembourg) Investment Manager AXA Investment Managers Paris 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 long-term 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 in all cap companies, principally in large and medium sized companies based in the Euro zone and not more than 10% of the assets of the Sub-Fund in companies not based in the Euro zone. The Investment Manager will invest at all time at least 66% of the total assets of the Sub-Fund in equities denominated in Euro. The Sub-Fund may invest not more than one third of its assets in Money Market Instruments and up to 10% of its assets in convertible and straight bonds. 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. The Sub-Fund will invest not more than 10% of its net assets in units of UCITS and/or other UCIs � . For efficient portfolio management purposes, this Sub-Fund may use derivative instruments within the limits set forth in the section “Investment Restrictions”. 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. Special Risk Consideration Liquidity risks linked to investments in small and micro capitalisation universe: Investing in the small and micro capitalisation universe implies specific liquidity risk. Investment Horizon This Sub-Fund is appropriate for investors who do not withdraw their money for eight years. For more details about risks, please refer to general part of the Prospectus, sections entitled “General Risk Considerations” and “Special Risk Considerations”. � Such paragraph shall take effect as from 1 st October 2012. 50
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 (1) (2) Subscriptions and Holding 51 M Only subscribed by AXA IM Group with the prior approval of the Directors Minimum initial subscription None None 500.000,00 None Minimum subsequent investment Minimum holding requirement in the Company Minimum holding requirement in each Sub-Fund None None 10.000,00 None None None 500.000,00 None None None 10.000,00 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. Investors whose application for subscription, redemption or conversion are 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. One-off charges (3) Maximum subscription fees Maximum redemption fees Fees payable by the Shareholders 5,5% None 2% None None None None None Maximum conversion (4) None None None None fees
Page 1 and 2: VISA 2012/87115-1979-0-PC L'apposit
Page 3 and 4: APPENDIX 46: AXA WORLD FUNDS - UNIV
Page 5 and 6: GLOSSARY Administrative Expenses -
Page 7 and 8: DIRECTORY Board of Directors: Mr Jo
Page 9 and 10: PART I APPENDICES RELATING TO SUB-F
Page 11 and 12: Hong Kong The Company is authorised
Page 13 and 14: Appendix 1: AXA WORLD FUNDS - FRAML
Page 15 and 16: One-off charges (3) Ongoing charges
Page 17 and 18: Date of creation of the Sub-Fund Sh
Page 23 and 24: Sub-Fund's Auditor PricewaterhouseC
Page 25 and 26: Risks of global investments: Invest
Page 27 and 28: (6) They do not include transaction
Page 33 and 34: Sub-Fund's Auditor PricewaterhouseC
Page 35 and 36: counterparty receives the underlyin
Page 39 and 40: Tax information This Sub-Fund might
Page 41 and 42: Minimum subscriptions and maximum c
Page 45 and 46: Name of the Sub-Fund Appendix 7: AX
Page 47 and 48: Ongoing charges (6) Maximum annual
Page 49: Date of publication August 2012 Sub
Page 59 and 60: Date of publication August 2012 thr
Page 61 and 62: Investment Horizon This Sub-Fund is
Page 65 and 66: Appendix 11: AXA WORLD FUNDS - FRAM
Page 75 and 76: Date of publication August 2012 and
Page 77 and 78: Investment Horizon This Sub-Fund is
Page 79 and 80: (6) Calculated on assets in custody
Page 97 and 98: Date of publication August 2012 int
Page 99 and 100: 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 creation of the Sub-Fund Sh
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Appendix 19: AXA WORLD FUNDS - FRAM
Page 111 and 112:
One-off charges (3) Ongoing charges
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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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Minimum subscriptions and maximum c
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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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Sub-Fund's Auditor PricewaterhouseC
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underlying assets. Provided it is i
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Appendix 30: AXA WORLD FUNDS - EURO
Page 171 and 172:
(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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- The Shareholder converts its Shar
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Ongoing charges (6) Maximum annual
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Holders of Shares held in Euroclear
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underlying assets. Provided it is i
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(7) Calculated on assets in custody
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In case of redemption of Shares or
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Date of publication August 2012 Sub
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with highly rated financial institu
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Appendix 42: AXA WORLD FUNDS - GLOB
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- the Shareholder converts its Shar
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(6) They do not include transaction
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Other The AXA WORLD FUNDS - GLOBAL
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Risk Profile This Sub-Fund is mainl
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contract note. Holders of Shares he
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Special Risk Consideration Derivati
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Appendix 47: AXA WORLD FUNDS - US H
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the Company will pay dividends. Int
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The Reference Currency of the Sub-F
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Appendix 49: AXA WORLD FUNDS - EMER
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(1) Subscriptions in EUR or the equ
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Sub-Fund's Depositary Sub-Fund's Au
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the standard terms laid down by the
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Date of publication August 2012 For
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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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