According to Article 92 of the Directive 2009/65/EC of 13 July 2009, as amended by Directive (EU) 2019/1160 of 20 June 2019, Crown Sigma UCITS plc (the “Company”) makes available, in each Member State where it intends to market its Shares, facilities to perform the following tasks listed from a) to f).
Please note that in case of discrepancy, the conditions set out in the Prospectus of the Company shall prevail. The below has an informative purpose only and is provided pursuant to Article 92 of the Directive 2009/65/EC of 13 July 2009.
Defined terms used within this document, and which are not otherwise defined within this document, shall have the same meaning as assigned within the Prospectus of the Company.
As set out in the Prospectus of the Company RBC Investor Services Ireland Limited (“RBC ISIL”) (the “Administrator”) will process all subscription and redemption orders from investors and make other relevant payments to investors in respect of the Company
RBC ISIL can be contacted as per the following contact details:
RBC Investor Services Ireland Limited
4th Floor, One George's Quay Plaza,
George's Quay,
Dublin 2,
Ireland
Dublin_TA_Customer_Support@rbc.com
Subscription of Shares
Applications for Shares should be submitted by completion of the Application Form.
An initial application for Shares may only be made by submitting a completed Application Form along with supporting documentation referred to therein (including but not limited to documentation relating to money laundering prevention checks and tax status), to the Administrator by post or facsimile, RBC Investor Services Ireland Limited, 4th Floor, One George’s Quay Plaza, George’s Quay, Dublin 2, Ireland. The signed original Application Form and Supporting Documentation, shall be delivered to the Administrator promptly.
Provided that the original subscription is approved by the Administrator, subsequent applications may be made to the Administrator by post, facsimile, or by using an established electronic dealing platform.
If you are applying to subscribe for Shares via an electronic dealing platform, you will be required to do so pursuant to the terms of such electronic dealing platform.
Requests for subscription of Shares (submitted in any manner as provided for above) may not be withdrawn save with the written consent of the Directors or in the event of suspension of calculation of the Net Asset Value of the relevant Sub-Fund or suspension of issues of Shares in the relevant Sub-Fund.
Minimum Subscription
Where provided for in the relevant Supplement, each applicant must satisfy the Minimum Initial Investment Amount applicable to the relevant Class and each Shareholder must retain Shares equivalent to the Minimum Shareholding applicable to each Class. Any subsequent subscription for Shares in a Class must also meet the Minimum Additional Investment Amount, if any, specified in the relevant Supplement.
For the purposes of calculating the Minimum Initial Investment Amount and the Minimum Shareholding, the Directors are permitted to aggregate investments received from multiple registered Shareholders which are managed or controlled by the same entity.
The Directors or the Manager reserve the right from time to time to waive any requirements relating to the Minimum Initial Investment Amount, the Minimum Additional Investment Amount and the Minimum Shareholding as and when they determine, at their reasonable discretion.
The Minimum Initial Investment Amount and Minimum Shareholding applicable to each Class is disclosed in the relevant Supplement to the Prospectus for each Sub-Fund concerned.
Subscription Deadline
Applications for Shares received and accepted by the Administrator prior to the relevant Dealing Deadline for a Sub-Fund in respect of a particular Dealing Day will normally be processed as at that Dealing Day. Dealing Days and Dealing Deadlines relating to each Sub-Fund are specified in the relevant Supplement to the Prospectus for the Sub-Fund you selected.
Any applications for Shares received after the relevant Dealing Deadline for a particular Dealing Day will be processed on the following Dealing Day unless the Directors or the Manager in their discretion determine to accept one or more applications received after the Dealing Deadline but prior to the Valuation Point for that particular Dealing Day. Please refer to the Prospectus, section 3.1.1. “Dealing Deadline”.
Issue Price
During the Initial Offer Period or the Initial Subscription Day [both meaning the period during which Shares are initially offered at the Initial Issue Price], the Initial Issue Price for Shares in the Class you wish to subscribe shall be the amount set out for such Class in the Supplement to the Prospectus corresponding to the relevant Sub-Fund.
Thereafter, Shares shall be issued at the Net Asset Value per Share of the relevant Class on the relevant Dealing Day, determined in accordance with the provisions set out in the section of the Prospectus titled Valuation Principals, adjusted (where applicable) for an amount to reflect any anti-dilution levy and/or Duties and Charges.
Payment for Shares
Payment in respect of the issue of Shares must be made by the Subscription Payment Date specified in the relevant Supplement by electronic transfer to the bank account specified in the Application Form.
Payments must be made in cleared funds in the currency of denomination of the relevant Class.
Persons interested in purchasing Shares should inform themselves as to (a) the legal requirements within their own countries for the purchase of Shares, (b) any foreign exchange restrictions which may be applicable, and (c) the income and other tax consequences of purchase and redemption of Shares.
For more information, please consult the Prospectus, in particular Section 3. “Share Dealings”.
Please note that it might be that you cannot invest in all Classes and all Sub-Funds presented in the Prospectus and its Supplements, as it might be that they are not open for subscription in your country.
Where provided by the relevant Supplement, a Subscription Fee of up to 5% on the issue of Shares may be payable. This charge will be in addition to any anti-dilution levy which may be imposed. It should be noted that the amount paid for Shares issued could exceed their value on the day of issue.
Where a Sub-Fund buys/enters or sells/exits investments in response to a request for the issue or redemption of Shares, it will generally incur a reduction in value made up of dealing costs incurred as a result of the purchase or sale of such investments. Where disclosed in the relevant Supplement, the Directors may charge an anti-dilution levy, the aim of which is to reduce the impact of such costs (which, if material, disadvantage existing Shareholders of the relevant Sub-Fund) so as to preserve the underlying assets of the relevant Sub-Fund.
Further details regarding the Subscription Fee are set out in the section 3. “Share Dealing” and 7. “Fees and Expenses” of the Prospectus.
Subject to any limits which may be specified in the Prospectus, a Shareholder may request the repurchase of all or part of their Shares on any Dealing Day.
Requests for the repurchase of Shares should be made to the Company (care of the Administrator) prior to the Dealing Deadline for the relevant Redemption Day as specified in the relevant Supplement to the Prospectus related to the Sub-Fund in which you subscribed.
Redemption requests may be made in writing, by facsimile or by using an established electronic dealing platform. Redemption requests will only be accepted electronically where the Shareholder has accepted the terms and conditions of use of such service.
Shares will be repurchased at the Net Asset Value per Share of the relevant Class on the relevant Dealing Day and shall be repaid to redeeming shareholders at the Repurchase Price or, where provided for in the relevant Supplement at the Repurchase Price less any Redemption Fee payable. This charge will be in addition to any anti-dilution levy and/or Duties and Charges which may be imposed.
Therefore, payments received for Shares redeemed could be less than the Net Asset Value per Share on the relevant Dealing Day.
Further details can be found in the Prospectus, particularly under the Section 3.2 “Redemption of Shares”.
The Directors may levy a Redemption Fee not exceeding 1% of the Net Asset Value per Share. Details of the Redemption Fee, if any, shall be disclosed in the relevant Supplement to the Prospectus corresponding to the Sub-Fund in which you have subscribed.
Save where otherwise disclosed in the relevant Supplement, the Redemption Fee, if applied is payable to the relevant Sub-Fund. Any applicable Redemption Fee will be deducted from the Repurchase Proceeds payable to the relevant Shareholder. In the event of a Redemption Fee being imposed, Shareholders will be notified of this in their contract note.
Where a Sub-Fund buys/enters or sells/exits investments in response to a request for the issue or redemption of Shares, it will generally incur a reduction in value made up of dealing costs incurred as a result of the purchase or sale of such investments. Where disclosed in the relevant Supplement, the Directors may charge an anti-dilution levy, the aim of which is to reduce the impact of such costs (which, if material, disadvantage existing Shareholders of the relevant Sub-Fund) so as to preserve the underlying assets of the relevant Sub-Fund.
Further details can be found in the Prospectus, particularly under “Anti-Dilution Levy” under Section 4.4. “NAV-based-adjustments” and under Section 7.8 “Redemption Fee”.
Payments following redemption of Shares may take from two to three Settlement Days immediately following the relevant Valuation Day depending on each Sub-Fund. Please refer to the Prospectus, in particular under 3.2.2. “Payment of Repurchase Proceeds” and the relevant Supplement for each Sub-Fund, in 6. “Share Dealing” under “Repurchase Payment Date”.
You can contact:
LGT Capital Partners Ltd.
Schützenstrasse 6
CH-8808 Pfäffikon
Liquid Strategies & Investment Structuring (LSIS)
lgt.cp.ls-legal@lgtcp.com
You are investing in a Class of a Sub-Fund of the Company, an open-ended umbrella type investment company with variable capital, limited liability and segregated liability between Sub-Funds, incorporated in Ireland on 27 March 2012 and authorised by the Central Bank as an undertakings for collective investment in transferable securities (UCITS) pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011).
Each Sub-Fund seeks to achieve a specific investment strategy and policy that can be consulted within the Prospectus, in the relevant Supplement related to each Sub-Fund and in the KIDs of the invested Sub-Fund that are available on https://www.lgtcp.com/en/regulatory-information/ .
Please note that it might be that you cannot invest in all Classes and all Sub-Funds presented in the Prospectus and its Supplements, as it might be that they are not open for subscription in your country.
Please refer to the Prospectus of the Company for more information.
An investment in the Shares entails risks. Investment should only be undertaken by investors capable of evaluating the risks of the investment including the risk of a loss of all of their investment. There is no guarantee that in any time period, particularly in the short term, a Sub-Fund's portfolio will achieve any capital growth or even maintain its current value. Prospective Investors are advised that the value of Shares may go down as well as up, and, accordingly an investor may not get back the full amount invested.
It should not be assumed that an investment in the Shares will be profitable or that the future performance of the Shares will equal the past performance of other investment vehicles managed by an investment manager and/or affiliates thereof. Prospective investors should carefully consider the risks involved including, but not limited to, those set forth in the Prospectus. The discussion of risk factors below does not purport to be a complete explanation of the risks involved in investing in the Company or any particular Sub-Fund.
Different risks may apply to different Sub-Funds and/or Classes, as described in detail within the Prospectus and/or the relevant Supplement. Prospective investors should review the Prospectus and the relevant Supplement carefully and in its entirety and consult with their professional advisers before making an application for Shares.
Please refer to the Prospectus, in particular Section 8. “Risk Factors” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
There is no guarantee that in any time period, particularly in the short term, a Sub-Fund's portfolio will achieve any capital growth or even maintain its current value. Prospective Investors are advised that the value of Shares may go down as well as up, and, accordingly an investor may not get back the full amount invested.
Please refer to the Prospectus, in particular Section 8. “Risk Factors” as well as to the relevant Supplement to the Prospectus for the relevant Sub-Fund.
Past performance is not an indicator of future returns. Past performances are disclosed for each class in the relevant KID. KIDs are available on https://www.lgtcp.com/en/regulatory-information/ (click on “offering”).
You can access in particular the Information on Complaints Management and the Information on Investor Rights, in English, at https://www.lgtcp.com/en/regulatory-information/.
Client complaints may be communicated in writing (e.g. by letter, e-mail or fax or by using the complaint form on the homepage) or verbally (e.g. in person or by telephone) free of charge to:
LGT Capital Partners (Ireland) Limited,
Third Floor
30 Herbert Street
Dublin 2
Ireland
+353 1 433 7420
+353 1 433 7425
lgt.cp@lgtcp.com
To handle your complaint, we need the following information from you:
- Contact details (first name, last name, address, telephone no., e-mail address)
- Name of fund/sub-fund/share class and ISIN number or securities number (if your compliant refers to a fund)
- Reason for complaint and what it relates to
- Client's proof at the time the reason for the complaint occurred (if your compliant refers to a fund).
LGT Capital Partners (Ireland) Limited will ensure that once we receive your complaint, it is handled swiftly and competently and that you receive a written reply after we have investigated the complaint.
You may send your complaint in English, German, Italian or Spanish.
For further information, please refer to the Complaints Management document on https://www.lgtcp.com/en/regulatory-information
Prospective investors and Shareholders should be aware that they may be required to pay income tax, withholding tax, capital gains tax, wealth tax, stamp taxes or any other kind of tax on distributions or deemed distributions from the Company or any Sub-Fund. The requirement to pay such taxes will be according to the laws and practices of the country where the Shares are purchased, sold, held or redeemed and in the country of residence or nationality of the Shareholder and such laws and practices may change from time to time.
As is the case with any investment, there can be no guarantee that the tax position or proposed tax position prevailing at the time an investment is made in the Company will endure indefinitely. Prospective investors and Shareholders should consult their tax advisors with respect to their particular tax situations and the tax consequences of an investment in a particular Sub-Fund.
Prospective Shareholders should familiarise themselves with and, where appropriate, take advice on the laws and regulations (such as those relating to taxation and exchange controls) applicable to the subscription for, and the holding and repurchase of, Shares in the places of their citizenship, place of residence and their (residence) domicile or in which they are founded, or to contact their own tax advisors.
For further information, please refer to the Prospectus, in particular “Taxation” in 8. “Risk Factors”, and Section 9. “Taxation”.
Please also refer to the version of the Prospectus for your country of residence, as it may contain additional information on taxation specificities applicable in your country.
Any investor or potential investor may turn to LGT Capital Partners Ltd., Schützenstrasse 6, CH-8808 Pfäffikon to request to be given free of charge a copy of the Prospectus, the Key Investor Information Document, the most recent Annual Report and most recent Semi-annual Report as well as a copy of the Company’s Articles of Association.
Copies of the following documents may be obtained from the Company and inspected free of charge at the registered office of the Company during usual business hours during a Business Day and at the offices of LGT Capital Partners (Ireland) Limited (please refer to the Directory section of the Prospectus):
· the Articles of Association;
· once published, the latest Annual and Semi-annual reports relating to the Company.
Copies of the Prospectus and the up-to-date KIDs may also be obtained by Shareholders on https://www.lgtcp.com/en/regulatory-information/ (click on “offering”) or such other website as may be notified to Shareholders in advance from time to time.
Each Class that is available for subscription will have a KID issued in accordance with the Central Bank Rules. While some Classes are described in the Supplement for the relevant Sub-Fund as available, these Classes may not currently be offered for subscription and in that event a KID may not be available.
The sale and purchase prices of the Shares of the Company and any investor notifications are available at the registered office of the Company, and at the website www.lgtcp.com/en/regulatory-information. The historical performance of the Company is available on https://www.lgtcp.com/en/investment-solutions.
The following entities are in charge of the following tasks. The contact details are disclosed under the section below “Who should you contact if you have additional questions?”
a) Processing the subscription, repurchase and redemption orders and makes other payments to investors relating to the units of the Company, in accordance with the conditions set out in the Prospectus and Key Investor Information Documents: RBC ISIL,
b) Providing investors with information on how orders referred to point a) above can be made and how repurchase and redemption proceeds are paid: LGT Capital Partners Ltd.,
c) Facilitate the handling of information the handling of information and access to procedures and arrangements referred to in Article 15 Directive 2009/65/EG relating to the investors' exercise of their rights arising from their investment in the UCITS in the Member State where the UCITS is marketed: LGT Capital Partners Ltd.,
d) Make the information and documents required pursuant to Chapter IX of Directive 2009/65/EC available to investors under the conditions laid down in Article 94 of Directive 2009/65/EC, for the purposes of inspection and obtaining copies thereof: LGT Capital Partners Ltd.,
e) Provide investors with information relevant to the tasks that the facilities perform in a durable medium: LGT Capital Partners Ltd.,
f) Act as a contact point for communicating with the competent authorities: LGT Capital Partners Ltd.
If you have any further questions that are not listed on this webpage, please feel free to reach out to the following entity, for question related to the point a) of the facilities list:
RBC ISIL
4th Floor,
One George's Quay Plaza,
George's Quay,
Dublin 2,
Ireland
Dublin_TA_Customer_Support@rbc.com
You may reach out to the following entity for questions related to the points b) to f) of the facilities list:
LGT Capital Partners Ltd.
Schützenstrasse 6
CH-8808 Pfäffikon
Liquid Strategies & Investment Structuring (LSIS)
lgt.cp.ls-legal@lgtcp.com
These entities will respond to your question(s) by email within a reasonable timeframe in one of the official language(s) of your country, or in English, where acceptable.