Ellipsis European Convertible Fund : Terms and Conditions Change from July 2024

Effective July 8, 2024, Ellipsis AM has decided to amend the prospectus of the Ellipsis European Convertible Fund as follows:

  • Reduction of the minimum initial investment amount for unit classes I, from EUR / CHF 1,000,000 to EUR / CHF 500,000;
  • Creation of a new unit class P-D EUR - FR001400RE09 which has the same characteristics as the other P unit classes, except that it distributes its earnings;
  • Reduction of the management fees applicable to P unit classes, from a maximum of 1.70% including taxes to a maximum of 1.30% including taxes.

The investment strategy, as well as the risk/return profile and other characteristics of your mutual fund, remain unchanged.

We invite you to consult the letter to unitholders for a comprehensive list of all changes.

For more information, please refer to the documentation, especially the prospectus, on the fund's webpage. Please note that all Key Investor Information Documents (KIIDs) for each unit of the fund have been updated as of the end of June 2024.