Effective July 8, 2024, Ellipsis AM has decided to amend the prospectus of the Ellipsis Global Convertible Fund as follows:
- Reduction of the minimum initial investment amount for S unit classes, from EUR / CHF 10,000,000 to EUR / CHF 5.000,000 ;
- Reduction of the minimum initial investment amount for I unit classes, from EUR / CHF / USD 1,000,000 / CHF to EUR / CHF / USD 500,000;
- Creation of two new unit classes: P CHF - FR001400RI47, denominated in Swiss francs and capitalising its earnings, and P-D EUR- FR001400RI54, denominated in euros and distributing its earnings;
- Creation of a new K USD unit class - FR001400RI62, denominated in US dollars, aimed specifically at institutional investors and capitalising on its results;
- Reduction of the management fees applicable to P unit classes, from a maximum of 1.70% including taxes to a maximum of 1.40% 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.