As of January 3, 2022, Ellipsis European Credit Allocation Fund changes its name to ELLIPSIS OPTIMAL ALLOCATION - CREDIT.
Its investment universe will be extended to international bond markets, while transposing the current fund's process, which has been successfully tested for over 7 years.
The fund is changing its benchmark index and now uses the Bloomberg Barclays Global Aggregate Corporate Total Return Index Hedged, coupons reinvested and hedged against currency risk for EUR and CHF units. The subscription and redemption modalities have been modified.
Benchmark index as of 03/01/2022: Bloomberg Barclays Global Aggregate Corporate Total Return Index Hedged (EUR) - Bloomberg code LGCPTREH, hedged against currency risk against the euro, coupons reinvested.
Benchmark as of 03/01/2022: Bloomberg Barclays Global Aggregate Corporate Total Return Index Hedged (CHF) - Bloomberg code LGCPTRCH, hedged against currency risk against the Swiss franc, coupons reinvested.
For more information, see the letter to shareholders opposite and the new regulatory documentation on our website.