Paragraph 3: Other provisions

Without prejudice to the provisions of Title III of Book II of the French Commercial Code, the conditions of liquidation and the methods of asset distribution are determined by the UCITS rules or articles of association. The management company acts as liquidator; failing this, the liquidator is appointed by the courts at the request of any interested party. However, notwithstanding the same provisions of the French Commercial Code, if the…

Under the conditions defined by the General Regulation of the Autorité des marchés financiers, responsibility for centralising subscription and redemption orders for UCITS units or shares vis-à-vis third parties is entrusted by the UCITS or, where applicable, the portfolio management company representing it, either to the said organisation, or to the depositary, or to a portfolio management company, or to another investment services provider authorised to provide one of the…

Statutory auditors are required to report as soon as possible to the Autorité des marchés financiers any fact or decision concerning the UCITS of which they have become aware in the course of their duties, which is likely to: 1° constitutes a breach of the legal or regulatory provisions applicable to this undertaking and is likely to have a material effect on its financial position, results or assets and liabilities;…