The Annual General Meeting is held every year on 3 December at 10.00 am at the Fund’s registered office or at any other location in Luxembourg, as specified on the invitation to attend the meeting. If that day is not a Banking Day, the meeting will be held on the following Banking Day. If and to the extent allowed by Luxembourg laws and regulations, the Annual General Meeting may be held at a date, time and place other than those described in the paragraph above. This other date, time and place will be determined by the Board of Directors. Notices of meetings will be sent to all registered Shareholders at least 8 days prior to the relevant meeting. These notices will include details of the time and place of the meeting, the agenda, conditions for admission and requirements concerning the quorum and majority as laid down by Luxembourg law. All decisions by Shareholders regarding the Fund will be taken at the general meeting of all Shareholders, pursuant to the provisions of the Articles of Association and Luxembourg law. All decisions that only concern the Shareholders of one or more Compartments may be taken – as authorised by law – by the Shareholders of the relevant Compartments. In this case, the quorum and majority requirements stipulated in the Articles of Association will apply. In case the voting rights of one or more Shareholders are suspended, such Shareholders shall be convened and may attend the general meeting, but their Shares shall not be taken into account for determining whether the quorum and majority requirements are satisfied.
According to the 2010 Act, the KID must be provided to investors in good time before their proposed subscription for Shares. Before investing, investors are invited to visit the Management Company website www.assetmanagement.pictet and download the relevant KID prior to any application. The same diligence is expected from the investor wishing to make additional subscriptions in the future since updated versions of the KID will be published from time to time. A hard copy can be supplied to investors on request and free of charge at the registered office of the Fund.
The above shall apply mutatis mutandis in case of switch. Depending on applicable legal and regulatory requirements (comprising but not limited to MiFID) in the countries of distribution, Mandatory Additional Information may be made available to investors under the responsibility of local intermediaries / distributors.
Any person who would like to receive further information regarding the Fund including the strategy followed for the exercise of voting rights of the Fund, the active ownership policy, the conflict of interest policy, the best execution policy and the complaints resolution procedure or who wishes to make a complaint about the operations of the Fund should contact the Head of Compliance of the Management Company, i.e. Pictet Asset Management (Europe) S.A., 15, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg. The details of the Responsible Investment policy is available here, the complaints resolution procedure of the Management Company as well as the details of the CSSF out-of-court complaint resolution procedure are available here.
A copy of these documents can also be obtained free of charge upon request.
Please note that the European Directive (2020/1828) on representative actions for the protection of the collective interests of consumers (the “Directive”) foresees the establishment of a redress mechanism for consumers . The Directive is expected to be transposed into national laws by 25 June 2023. In the meantime, Pictet Asset Management (Europe) S.A. is committed to address any complaints submitted through its complaint resolution procedure or the CSSF out-of-court complaint resolution procedure.
Important legal information
This marketing material is issued by Pictet Asset Management (Europe) S.A.. It is neither directed to, nor intended for distribution or use by, any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. The latest version of the fund‘s prospectus, Pre-Contractual Template (PCT) when applicable, Key Information Document (KID), annual and semi-annual reports must be read before investing. They are available free of charge in English on www.assetmanagement.pictet or in paper copy at Pictet Asset Management (Europe) S.A., 6B, rue du Fort Niedergruenewald, L-2226 Luxembourg, or at the office of the fund local agent, distributor or centralizing agent if any.
The KID is also available in the local language of each country where the compartment is registered. The prospectus, the PCT when applicable, and the annual and semi-annual reports may also be available in other languages, please refer to the website for other available languages. Only the latest version of these documents may be relied upon as the basis for investment decisions.
The summary of investor rights (in English and in the different languages of our website) is available here and at www.assetmanagement.pictet under the heading "Resources", at the bottom of the page.
The list of countries where the fund is registered can be obtained at all times from Pictet Asset Management (Europe) S.A., which may decide to terminate the arrangements made for the marketing of the fund or compartments of the fund in any given country.
The information and data presented in this document are not to be considered as an offer or solicitation to buy, sell or subscribe to any securities or financial instruments or services.
Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. The management company has not taken any steps to ensure that the securities referred to in this document are suitable for any particular investor and this document is not to be relied upon in substitution for the exercise of independent judgment. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional.
The value and income of any of the securities or financial instruments mentioned in this document may fall as well as rise and, as a consequence, investors may receive back less than originally invested.
The investment guidelines are internal guidelines which are subject to change at any time and without any notice within the limits of the fund's prospectus. The mentioned financial instruments are provided for illustrative purposes only and shall not be considered as a direct offering, investment recommendation or investment advice. Reference to a specific security is not a recommendation to buy or sell that security. Effective allocations are subject to change and may have changed since the date of the marketing material.
Past performance is not a guarantee or a reliable indicator of future performance. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares.
Any index data referenced herein remains the property of the Data Vendor. Data Vendor Disclaimers are available on assetmanagement.pictet in the “Resources” section of the footer. This document is a marketing communication issued by Pictet Asset Management and is not in scope for any MiFID II/MiFIR requirements specifically related to investment research. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any products or services offered or distributed by Pictet Asset Management.
Pictet AM has not acquired any rights or license to reproduce the trademarks, logos or images set out in this document except that it holds the rights to use any entity of the Pictet group trademarks. For illustrative purposes only.