AXA WORLD FUNDS A LUXEMBOURG INVESTMENT FUND ...

Net Asset Value – the value of the assets of a Sub-Fund as calculated in accordance with the Articles and as
described under the heading “Valuation”
OTC – Over the Counter
Other Regulated Market – a market which is regulated, operates regularly and is recognised and open to the public,
namely a market (i) that meets the following cumulative criteria: liquidity; multilateral order matching (general
matching of bid and ask prices in order to establish a single price); transparency (the circulation of complete
information in order to give clients the possibility of tracking trades, thereby ensuring that their orders are executed
on current conditions); (ii) on which the securities are dealt in at a certain fixed frequency, (iii) which is recognised by
a State or by a public authority which has been delegated by that State or by another entity which is recognised by
that State or by that public authority such as a professional association and (iv) on which the securities dealt in are
accessible to the public
Other State – any State of Europe which is not a Member State, and any State of America, Africa, Asia and Oceania
Personal Account Number – the unique identification number issued to a shareholder
Prospectus – the prospectus of the Company dated August 2012
Reference Currency – the currency in which each Sub-Fund or Class is denominated
Regulated Market – a regulated market as defined in the Council Directive 2004/39/EC dated 21 st April 2004 on
investment services in the securities field (“Directive 2004/39/EC”), namely a multilateral system operated and/or
managed by a market operator, which brings together or facilitates the bringing together of multiple third-party buying
and selling interests in financial instruments – in the system and in accordance with its non-discretionary rules – in a
way that result in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems,
and which is authorised and functions regularly in accordance with the provisions of the Directive 2004/39/EC.
Regulatory Authority – the Luxembourg authority or its successor in charge of the supervision of the undertakings
for collective investment in the Grand Duchy of Luxembourg
Settlement Day – unless otherwise specified in the relevant Appendices, three Business Days after the relevant
Valuation Day. Settlement being receipt of monies by the Custodian in respect of allotment and dispatch of monies
by the Custodian in respect of redemption. In respect of redemption proceeds, if on the settlement day, banks are not
open for business in the country of the settlement currency of the relevant Class of Share, then settlement will be on
the next Business Day on which those banks are open
Shares – fully paid shares of no par value in the capital of the Company divided into a number of different Sub-Funds
and/or Classes from time to time
Standing Redemption Payment Instructions – instructions given by shareholders in writing to the Registrar Agent
which specify to which bank account redemption proceeds are to be remitted
Sub-Fund – a portfolio of assets the capital of which is invested in assets in accordance with the investment
objective of the portfolio
Transferable Securities – (i) shares and other securities equivalent to shares ("shares"); (ii) bonds and other debt
instruments ("debt securities") and (iii) any other negotiable securities which carry the right to acquire any such
transferable securities by subscription or exchange, to the extent they do not qualify as techniques and instruments
UCI – an undertaking for collective investment as defined by Luxembourg law
USD – The currency of the United States of America
Valuation Day – in relation to any Sub-Fund shall be the Business Day provided for in the relevant section as per
Appendices below, except a Business Day falling within a period of suspension of determination of Net Asset Value,
as described under the heading “Suspension of the Calculation of the Net Asset Value and the Offering, Redemption
and Conversion of Shares”
Time referred to in this Prospectus is Central European Time (“CET”).
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