According to Article 43a of the Directive 2011/61/EU of 8 June 2011 on Alternative Investment Fund Managers, as amended by Directive (EU) 2019/1160 of 20 June 2019 with regards to cross-border distribution of collective investment undertakings, Crown A GENERIX plc (the “Company”) makes available, in each Member State where it intends to market its Shares, facilities to perform the following tasks listed from a) to f).
Please note that in case of discrepancy, the conditions set out in the Prospectus of the Company shall prevail. The below has an informative purpose only and is provided pursuant to Article 43a of the Directive 2011/61/EU of 8 June 2011, as amended by Directive (EU) 2019/1160 of 20 June 2019.
Defined terms used within this document, and which are not otherwise defined within this document, shall have the same meaning as assigned within the Prospectus of the Company.
As set out in the Prospectus of the Company, BNP Paribas Fund Administration Services (Ireland) Ltd (the “Administrator”) will process all subscription and redemption orders from investors and make other relevant payments to investors, in respect of the Company.
BNP Paribas Fund Administration Services (Ireland) Ltd
Termini, 3 Arkle Road
Sandyford,
Dublin 18, D18 T6T7,
Ireland
LGTDealing@bnpparibas.com
Subscriptions for Shares
Applications for Shares should be submitted by completion of the Application Form in respect of a particular Sub-Fund, which contains certain conditions regarding the application procedure for Shares in the Company and certain indemnities in favour of the Company, the relevant Sub-Fund, LGT Capital Partners (Ireland) Limited (the “AIFM”), the Administrator, the Depositary and the other Shareholders for any loss suffered by them as a result of certain applicants acquiring or holding Shares.
An initial application for Shares may only be made by submitting a completed Application Form, along with supporting documentation referred to therein (including but not limited to documentation relating to money laundering prevention checks and tax status) (the “Supporting Documentation”), to the Administrator by post, facsimile or by approved electronic transmission (which may be signed in electronic form, as set out in the Application Form and where such electronic transmission is in accordance with Central Bank requirements).
· Where the signed Application Form and Supporting Documentation are submitted by facsimile, the originals shall be delivered by post to the Administrator promptly thereafter (unless otherwise determined by the AIFM).
· Where an initial application is made by post or by fax, provided that the original Application Form from the initial application together with any required Supporting Documentation have been received and approved by the Administrator, subsequent applications may be made to the Administrator by approved electronic transmission (including via an established electronic dealing platform).
· Where an investor is applying to subscribe for Shares via an electronic dealing platform, such investor will be required to subscribe for Shares pursuant to the terms of such electronic dealing platform.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Any subsequent subscription for Shares in a Class must also meet the Minimum Additional Subscription Amount, if any, specified in the relevant Supplement.
Where an investor is applying to subscribe for Shares via an electronic dealing platform, such investor will be required to subscribe for Shares pursuant to the terms of such electronic dealing platform.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Requests for subscription of Shares (submitted in any manner as provided for above) may not be withdrawn, save with the written consent of the Directors or in the event of suspension of calculation of the Net Asset Value of the relevant Sub-Fund or suspension of issues of Shares in the relevant Sub-Fund.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Minimum Subscription
Where provided for in the relevant Supplement, each applicant must satisfy the Minimum Initial Subscription Amount applicable to the relevant Share and each Shareholder must retain Shares equivalent to the Minimum Holding Amount applicable to each Share. Any subsequent subscription for Shares in a Class must also meet the Minimum Additional Subscription Amount, if any, specified in the relevant Supplement. For the purposes of calculating the Minimum Initial Subscription Amount and the Minimum Holding Amount, the Directors are permitted to aggregate investments received from multiple registered Shareholders which are managed or controlled by the same entity. For the avoidance of doubt, each investment used for aggregating the Minimum Initial Subscription Amount must not be less than €100,000 or its foreign currency equivalent.
The Directors or the AIFM reserve the right from time to time to waive any requirements relating to the Minimum Initial Subscription Amount (which in any case will not be less than €100,000 or its foreign currency equivalent), the Minimum Additional Subscription Amount and the Minimum Holding Amount as and when they determine, at their reasonable discretion.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
The amounts of subsequent subscriptions from investors who have already subscribed the minimum subscription of €100,000 or its foreign currency equivalent are unrestricted unless otherwise specified in the relevant Supplement(s).
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Subscription Deadline
Applications for Shares received and accepted by the Administrator prior to the Subscription Deadline for a Sub-Fund in respect of a particular Dealing Day will normally be processed as at that Dealing Day.
Any applications for Shares received after the relevant Subscription Deadline for a particular Dealing Day will generally be processed on the next available Dealing Day, subject to the Subscription Deadline, unless the Directors or the AIFM, in their discretion, otherwise determine to accept one or more applications received after the Subscription Deadline but prior to the Valuation Point for that particular Dealing Day.
Applications for Shares in a Sub-Fund received after the relevant Subscription Deadline but prior to the Valuation Point will only be accepted in exceptional circumstances. The exceptional circumstances under which the application was received will also be fully documented by the Directors or the AIFM, as appropriate.
Dealing Days and Subscription Deadlines relating to each Sub-Fund are specified in the relevant Supplement.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Subscription Price
On the Initial Subscription Day, the Initial Subscription Price for Shares in the relevant Class shall be the amount as set out in the relevant Supplement.
Thereafter, Shares shall be issued at the Net Asset Value per Share of the relevant Class on the relevant Dealing Day, determined in accordance with the provisions set out in the section titled Calculation of Net Asset Value, minus (where applicable) an amount to reflect any Anti-Dilution Levy and/or Duties and Charges.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Payment for Shares
Payment for the issue of Shares must be made by the Subscription Payment Date specified in the relevant Supplement by electronic transfer to the bank account specified in the Application Form, failing which the application will be held over until the next available Subscription Day subject to the Subscription Payment Date, unless otherwise determined by the Directors.
Payments must be made in cleared funds in the currency of denomination of the relevant Class.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Where provided for in the relevant Supplement, a Preliminary Charge of up to 3% on the issue of Shares may be payable. This charge will be in addition to any Anti-Dilution Levy which may be imposed. It should be noted that the amount paid for Shares issued could exceed their value on the day of issue. Details of this Preliminary Charge, if any, will be set out in the relevant Supplement. The Directors reserve the right to reduce or waive any Preliminary Charge and may distinguish between applicants for Shares accordingly. The Preliminary Charge, if applicable, is payable to the AIFM which may in turn be paid in full or in part to any sub-distributors, introducing agents or intermediaries that may be appointed for and on behalf of the Company.
Please refer to the Prospectus, in particular Section 7: “Fees and expenses” as well as to the Supplement related to the relevant Sub-Fund.
Subject to any limitations which may be specified in the relevant Supplement, a Shareholder may request the redemption of all or part of their Shares (not being Side Pocket Shares or a Liquidating Side Pocket Class) on any Redemption Day. Requests for the redemption of Shares should be made to the Company (care of the Administrator) prior to the Redemption Deadline for the relevant Redemption Day.
Redemption requests may be made by fax, email, in writing or by using an established electronic dealing platform. Redemption requests will only be accepted electronically where the Shareholder has accepted the terms and conditions of use of such service.
Redemption requests shall only be processed where payment is requested to be made to the account of record and where all necessary anti-money laundering and other verification documentation required by the Company and Administrator have been received and processed by the Administrator. The Administrator will not accept redemption requests which are incomplete until all the necessary information is obtained.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
Redemption requests will be processed at the Net Asset Value per Share of the relevant Class on the relevant Redemption Day and shall be repaid to redeeming Shareholders at the Redemption Price, or, where provided for in the relevant Supplement, at the Redemption Price less any applicable Redemption
Charge. Such charge will be in addition to any Anti-Dilution Levy and/or any Duties and Charges which may be imposed. Potential Shareholders should therefore note that payments received for Shares redeemed could be less than the Net Asset Value per Share on the relevant Dealing Day.
Please refer to the Prospectus, in particular Section 7: “Fees and expenses” as well as to the Supplement related to the relevant Sub-Fund.
Redemption proceeds are payable in the Base Currency of the relevant Class (or such other Currency as the Directors shall determine and agree in advance with the relevant Shareholder) generally by the Redemption Payment Date.
The Redemption Payment Date is disclosed in the Supplement related to the relevant Sub-Fund.
Please refer to the Prospectus, in particular Section 3: “Share Dealings” as well as to the Supplement related to the relevant Sub-Fund.
You can contact:
LGT Capital Partners Ltd.
Schützenstrasse 6
CH-8808 Pfäffikon
Liquid Strategies & Investment Structuring (LSIS)
lgt.cp.ls-legal@lgtcp.com
You are investing in Shares of a Sub-Fund of the Company, an open-ended umbrella investment company with variable capital, limited liability and segregated liability between Sub-Funds, incorporated in Ireland on 14 June, 2012 with registration number 514358 and authorised by the Central Bank as a QIAIF pursuant to the provisions of Part 24 of the Companies Act and chapter 2 of the AIF Rulebook.
The Company is made up of one or more Sub-Funds, each Sub-Fund being a single portfolio of assets. The assets of which will be separate from one another and will be invested separately in accordance with the investment objective and policies of each Sub-Fund.
All Classes of Shares relating to the same Sub-Fund will be commonly invested in accordance with such Sub-Fund’s investment objective, but may differ with regard to their Share Currency, dividend policy (including the dates and payments of any dividends), currency hedging strategies, fee structures, liquidity features or the Minimum Initial Subscription Amount, Minimum Additional Subscription Amount, Minimum Holding Amount, Minimum Redemption Amount, investor eligibility criteria or other particular feature(s) as the Directors may decide. The different features of each Class of Shares available in relation to a Sub-Fund are described in detail in each relevant Supplement.
Please refer to the Prospectus, in particular Section 1: “The Company and the Sub-Funds” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
An investment in the Shares entails risks. Investment should only be undertaken by investors capable of evaluating the risks of the investment including the risk of a loss of all of their investment. There is no guarantee that in any time period, particularly in the short term, a Sub-Fund’s portfolio will achieve any capital growth or even maintain its current value. Prospective investors are advised that the value of Shares and the income from them may go down as well as up and, accordingly, an investor may not get back the full amount invested.
It should not be assumed that an investment in the Shares will be profitable or that the future performance of the Shares will equal the past performance of other investment vehicles managed by an investment manager and/or affiliates thereof. Prospective investors should carefully consider the risks involved including, but not limited to, those set forth below. The discussion of risk factors below does not purport to be a complete explanation of the risks involved in investing in the Company or any Sub-Fund.
Different risks may apply to different Sub-Funds and/or Classes, as described in detail within the Prospectus and/or the relevant Supplement. Prospective investors should review this Prospectus and the relevant Supplement carefully and, in its entirety, and consult with their professional advisers before making an application for Shares.
Please refer to the Prospectus, in particular Section 8: “Risk Factors” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
There is no guarantee that in any time period, particularly in the short term, a Sub-Fund's portfolio will achieve any capital growth or even maintain its current value. Prospective Investors are advised that the value of Shares may go down as well as up, and accordingly an investor may not get back the full amount invested.
Please refer to the Prospectus, in particular Section 8: “Risk Factors” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
It should not be assumed that an investment in the Shares will be profitable or that the future performance of the Shares will equal the past performance of other investment vehicles managed by an investment manager and/or affiliates thereof. Information on the revenues generated shall be disclosed in the annual report of the Company.
Please refer to the Prospectus, in particular Section 8: “Risk Factors” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
You can access the procedures and arrangements relating to investors’ exercise of their rights arising from their investment in the Company by contacting the Management Company by email: lgt.cpeire@lgt.com, or by phone: +353 1 433 7420.
Client complaints may be communicated in writing (e.g. by letter, e-mail or fax or by using the complaint form on the homepage) or verbally (e.g. in person or by telephone) free of charge to:
LGT Capital Partners (Ireland) Limited
Third Floor
30 Herbert Street
Dublin 2
Ireland
To handle your complaint, we need the following information from you:
· Contact details (first name, last name, address, telephone no., e-mail address)
· Name of fund/sub-fund/share class and ISIN number or securities number (if your compliant refers to a fund)
· Reason for complaint and what it relates to
· Client's proof at the time the reason for the complaint occurred (if your compliant refers to a fund)
LGT Capital Partners (Ireland) Limited will ensure that once we receive your complaint it is handled swiftly and competently and that you receive a written reply after we have investigated the complaint. For further information, please refer to the Complaints Management document on https://www.lgtcp.com/en/regulatory-information/.
Prospective investors and Shareholders should be aware that they may be required to pay income tax, withholding tax, capital gains tax, wealth tax, stamp taxes or any other kind of tax on distributions or deemed distributions from the Company or any Sub-Fund. The requirement to pay such taxes will be according to the laws and practices of the country where the Shares are purchased, sold, held or redeemed and in the country of residence or nationality of the Shareholder and such laws and practices may change from time to time.
As is the case with any investment, there can be no guarantee that the tax position or proposed tax position prevailing at the time an investment is made in the Company will endure indefinitely. Prospective investors and Shareholders should consult their tax advisors with respect to their particular tax situations and the tax consequences of an investment in a particular Sub-Fund.
Please refer to the Prospectus, in particular Section 8: “Risk factors” and Section 9: “Taxation”.
Any investor or potential investor may turn to LGT Capital Partners Ltd., Schützenstrasse 6, CH-8808 Pfäffikon to request to be given free of charge a copy of the Prospectus, the KIDs if applicable, the most recent Annual Report and most recent Semi-annual Report as well as a copy of the Company’s constitutive document.
Copies of the Prospectus and up-to-date KIDs, if applicable, may also be obtained by Shareholders on https://www.lgtcp.com/en/regulatory-information/ (click on “offering”) or such other website as may be notified to Shareholders in advance from time to time.
Except where the determination of the Net Asset Value of a Sub-Fund has been temporarily suspended in the circumstance described in the section titled Suspension of Calculation of Net Asset Value and/or Redemption, the Net Asset Value per Share for each Sub-Fund or Class of Shares (and the issue price and Redemption Price of each Class of Shares) will be available on https://www.lgtcp.com/en/regulatory-information/ and will be updated following each Valuation Day. Access may be restricted and it is not an invitation to subscribe for purchase, convert, sell or redeem Shares. In addition, the Net Asset Value per Share for each Sub-Fund or Class (and the issue price and Redemption Price of each Class of Shares) may be obtained free of charge from, and will be available at the registered office of the Company during normal business hours.
The historical performance of each Sub-Fund will be available on https://www.lgtcp.com/en/investment-solutions to prospective investors before they invest in the Company.
The following entities are in charge of the following tasks. The contact details are disclosed under the section below “Who should you contact if you have additional questions?”
a) processing investors' subscription, payment, repurchase and redemption orders relating to the units or shares of the AIF, in accordance with the conditions set out in the AIF's documents:
BNP Paribas Fund Administration Services (Ireland) Ltd.
b) providing investors with information on how orders referred to in point (a) can be made and how repurchase and redemption proceeds are paid: LGT Capital Partners Ltd.
c) facilitating the handling of information relating to the exercise of investors' rights arising from their investment in the AIF in the Member State where the AIF is marketed: LGT Capital Partners Ltd.
d) making the information and documents required pursuant to Articles 22 and 23 available to investors for the purposes of inspection and obtaining copies thereof: LGT Capital Partners Ltd.
e) providing investors with information relevant to the tasks that the facilities perform in a durable medium as defined in point (m) of Article 2(1) of Directive 2009/65/EC of 13 July 2009: LGT Capital Partners Ltd.
f) acting as a contact point for communicating with the competent authorities: LGT Capital Partners Ltd.
You may reach out to the following entity for questions related to the point a) of the facilities list:
BNP Paribas Fund Administration Services (Ireland) Ltd
Termini, 3 Arkle Road,
Sandyford,
Dublin 18, D18 T6T7,
Ireland
LGTDealing@bnpparibas.com
You may reach out to the following entity for questions related to the points b) to f) of the facilities list:
LGT Capital Partners Ltd.
Schützenstrasse 6
CH-8808 Pfäffikon
Liquid Strategies & Investment Structuring (LSIS)
lgt.cp.ls-legal@lgtcp.com
These entities will respond to your question(s) by email within a reasonable timeframe in one of the official language(s) of your country, or in English, where acceptable.