1.This is a guarantee fund. The Sub-Fund guarantees at least 90%, but not 100%, of the initial investment amount. Any potential return in excess of the guaranteed value is not guaranteed. The Sub-Fund is not a time deposit. The guarantee is subject to credit risk of the Guarantor, Credit Agricole S.A..
2.The Initial Period for the Guarantee is 5 years, which may be renewed for successive further periods of one year. In the event that the guarantee terminates at the end of the Initial Period or the relevant Renewed Period (as the case may be) and the Manager is unable to procure a renewal of the guarantee prior to the end of the Initial Period or the relevant Renewed Period (as the case may be), or that the Guarantor terminates the guarantee by exercising its power to do so, the Sub-Fund will be terminated. In case of prolonged Monetization Situation*, the Manager will be entitled to terminate the Sub-Fund. Under the above circumstances, all the units held by the unitholders will be compulsorily redeemed and investors may suffer losses.
3.Investing in this Sub-Fund may involve risk associated with equities, fixed income securities, financial derivative instruments and other collective investment schemes. It may also involve specific risk relating to dynamic asset allocation strategy, and connected parties risk. In the event of monetization, the Sub-Fund might not benefit from any further increase of the market.
4.Investors should note that subscription fee may apply when investors subscribe the Sub-Fund.
5.The value of the Sub-Fund can be volatile and the Sub-Fund may suffer significant losses.
6.Investors must read the offering document carefully for further details, especially the details of the guarantee, fees and charges as well as the risk factors. Investors should not only base on this marketing material alone to make investment decisions.
* Monetization Situation refers to a situation where the Sub-Fund continuously records negative performance and the spread between daily NAV and the Guaranteed Value becomes very tight (e.g. less than 1% of the highest daily NAV since inception of the Sub-Fund), the Sub-Fund may invest 100% in the conservative component. Please refer to the offering documents for details.