CBDF

Subscriptions Procedure 
An initial subscription to the Sub-Fund should 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 and terrorist financing prevention checks and tax status) (the “Supporting Documentation”) to the Administrator in original form by post, email or by approved electronic transmission (which may be signed in electronic form, as set out in the Application Form).

In the case of applications submitted by electronic transmission or email it shall not be necessary to provide the Administrator with the original Application Form provided that the Directors are satisfied that the appropriate controls and procedures are in place to comply with applicable AML/CFT legislation.

Where an investor is applying to subscribe for Shares via an electronic dealing platform, such investor will additionally be required to subscribe for Shares pursuant to the terms of such electronic dealing platform.

The Application Form contains certain conditions regarding the application procedure for Shares in the Company and certain indemnities in favor of the Company, the relevant Sub-Fund, the AIFM, the Administrator, the Depositary and the other Shareholders.

Shares may only be acquired or held by Investors who satisfy all eligibility requirements for a specific Sub-Fund or Class of Shares, if any, as specified for the Sub-Fund or Class of Shares in the relevant Supplement (an “Eligible Investor”).

Any Investor not qualifying as an Eligible Investor will be considered as a Prohibited Person, in addition to those Persons described in section titled Prohibited Persons.

The Directors, the AIFM, the Administrator or the Distributor, as applicable, will verify that each prospective Investor satisfies all eligibility requirements for a specific Sub-Fund or Class of Shares to qualify as an Eligible Investor. For each Sub-Fund that qualifies as an ELTIF and is marketed to Retail Investors, where required under the ELTIF Regulation, the Directors, the AIFM or the Distributor, as applicable, will furthermore verify that such Sub-Fund is suitable for Retail Investors regarding their experience, financial situation and investment objectives.

Application Form must certify, in writing, that they qualify as Eligible Investor and that they are aware of the risk involved in the proposed investment and of the fact that inherent in such investments is the potential to lose all of the sum invested.

Any amendments to a Shareholder’s registration details or payment instructions will only be made following receipt by the Administrator of appropriately authorized original or appropriately electronically certified written instructions from the relevant Shareholder.

Where provided for in the relevant Supplement, each applicant must satisfy the Minimum Initial Subscription Amount applicable to the relevant Class and each Shareholder must retain Shares equivalent to the Minimum Holding Amount applicable to each Class. For the purposes of calculating the Minimum Initial Subscription Amount and the Minimum Holding Amount, the Directors or AIFM may permit the aggregation of: (i) investments received from multiple registered shareholders which are managed, controlled or advised by the same entity; or (ii) holdings of the registered shareholder across Affiliated Funds.

The Directors or the AIFM reserve the right from time to time to waive any requirements relating to the Minimum Initial Subscription Amount and the Minimum Holding Amount as and when they determine, at their reasonable discretion.

If a subscription request for Shares is rejected, then the Administrator, at the cost and risk of the applicant, will, subject to any applicable laws, return the subscription monies or the balance thereof, without interest, by electronic transfer to the account from the monies were paid within five (5) Business Days of the rejection.

When subscribing for Shares in a Sub-Fund which qualifies as an ELTIF, Retail Investors shall have the right to cancel their initial subscription and receive a full refund without penalty during a period of two weeks following the signature (or equivalent confirmation) of the initial subscription request for the relevant Class of Shares (the “Cooling-Off Period”).

In case Retail Investors subscribe for Shares via distributors or intermediaries, such distributors or intermediaries may only transmit initial subscription requests from Retail Investors to the Sub-Fund once the Cooling-off Period has expired. Any such request may only be accepted by the Administrator if it is received no later than the Subscription Deadline and provided that the applicable Cooling-Off Period has expired by that Subscription Deadline. Accordingly, Retail Investors must submit their subscription requests to their distributor or intermediary no later than two weeks before the Subscription Deadline.

Where Retail Investors subscribe directly with the Sub-Fund (i.e., not through a distributor or intermediary) by submitting the relevant Application Form and the subscription request to the Administrator, the Retail Investor shall likewise benefit from the Cooling-off Period. Any direct subscription request shall only be accepted by the Administrator if it is received no later than the Subscription Deadline and provided that the applicable Cooling-Off Period has expired by that Subscription Deadline. As a result, Retail Investors must submit the Application Form, including the Supporting Documents and their subscription requests for the relevant Class of Shares to the Administrator no later than two weeks before the Subscription Deadline.

For the avoidance of doubt, the Cooling-off Period does not apply to Professional Investors.

Professional Investors, including Retail Investors subscribing for Shares in a non-ELTIF Sub-Fund, may request the withdrawal of a subscription request, in whole or in part, if the request to withdraw the subscription request is received by the Administrator in advance of the relevant Subscription Deadline.

Otherwise, subject to a Cooling-off Period, any prospective Shareholder may not withdraw a subscription request once submitted unless the Directors or the AIFM determine, in their sole discretion, to permit the withdrawal of such subscription request, in whole or in part.

For further details please refer to the Prospectus, in particular Section 4: “Share Dealing”.

Minimum Initial Subscription Amount 
“Minimum Initial Subscription Amount” means, in respect of each Sub-Fund or Class, the minimum amount which may be subscribed as specified in the relevant Supplement provided that the aggregate of an investor’s investments in one or more Sub-Funds or Classes may be taken into account for the purpose of satisfying the minimum subscription requirement.

Subject to the foregoing, the Directors or the AIFM may waive the Minimum Initial Subscription Amount in their sole discretion.

Further details as defined in Annex I – Share Class Terms of the sub-fund Supplement in respect of each Class.

Subscription Deadline 
“Subscription Deadline” means such day and time as is specified in the relevant Supplement with respect to a Sub-Fund.

The Directors or the AIFM may waive the Subscription Deadline in their sole discretion.

Subscription requests for Shares received and accepted by the Administrator prior to the relevant Subscription Deadline for a Sub-Fund in respect of a particular Subscription Day will normally be processed as at that Subscription Day.

Subscription Days and Subscription Deadlines relating to each Sub-Fund are specified in the relevant Supplement.

Any subscription requests for Shares received after the relevant Subscription Deadline for a particular Dealing Day will generally be processed on the next available Dealing Day, subject to the Subscription Deadline, unless the Directors or the AIFM, in their discretion, otherwise determine to accept one or more subscription requests received after the Subscription Deadline but prior to the Valuation Point for that particular Dealing Day.

Subscription requests for Shares in a Sub-Fund received after the relevant Subscription Deadline but prior to the Valuation Point will only be accepted in exceptional circumstances, in accordance with applicable regulatory requirements. The exceptional circumstances under which the subscription request was received will also be fully documented by the Directors or the AIFM, as appropriate.

Please refer to the Prospectus, in particular Section 4: “Share Dealing”.

Subscription Price 
On the Initial Subscription Day, the Initial Subscription Price for Shares in the relevant Class shall be the amount as set out in the relevant Supplement. Thereafter, Shares shall be issued at the Subscription Price.

Investors should note that the Subscription Price may result in Shares being issued at a price which is higher than the Net Asset Value per Share, as the Subscription Price may include provisions for Duties and Charges or the application of an Anti-Dilution Levy. Potential shareholders should therefore note that the cost paid for Shares could exceed their value on the day of issue.

Where provided for in the relevant Supplement, a Preliminary Charge of up to 3% 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. Further details regarding the Preliminary Charge are set out in the section titled Fees and Expenses.

“Subscription Price” means the price at which Shares may be subscribed for on any Subscription Day, being the Net Asset Value per Share as of the immediately preceding Valuation Day plus an amount, as may be determined by the Directors, to reflect (i) Duties and Charges and/or (ii) an Anti-Dilution Levy. The Subscription Price is available to investors upon request.

“Subscription Day” means, in relation to a Sub-Fund, such day or days as specified in the relevant Supplement. The Directors or the AIFM may declare other day(s) as Subscription Day(s) in their sole discretion, provided that Shareholders will be notified of such amendment in advance.

“Valuation Day” means, in relation to a Sub-Fund, such day or days as specified in the relevant Supplement in respect of which the Net Asset Value, the Net Asset Value per Class and the Net Asset Value per Share are calculated, provided that there shall be one Valuation Day in respect of each Dealing Day. The Directors or the AIFM may declare other day(s) as Valuation Days in their sole discretion.

Preliminary Charge 
“Preliminary Charge” means the charge, if any, to be added to the Subscription Price which Shares may be subject to, as described in the sub-section titled Error! Reference source not found. and as may be specified in the relevant Supplement.

Where provided for in the relevant Supplement, a Preliminary Charge of up to 3% 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. Further details regarding the Preliminary Charge are set out in the section titled Error! Reference source not found..

The Directors reserve the right to reduce or waive any Preliminary Charge and may distinguish between applicants for Shares accordingly. The Preliminary Charge, if applicable, is payable to the AIFM which may in turn be paid in full or in part to any sub-distributors, introducing agents or Intermediaries that may be appointed for and on behalf of the Company.

Redemption Procedure 
Redemption requests may be made in original form by post, by email 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.

Details relating to the redemption of Shares, including the Redemption Day, the Redemption Deadline and the Redemption Payment Date, are set out in the relevant Supplement(s) in respect of each SubFund.

Redemptions will not be processed on non-cleared/verified accounts.

Redemption requests will be processed at the Net Asset Value per Share of the relevant Class on the relevant Redemption Day and shall be repaid to redeeming shareholders at the Redemption Price, or where provided for in the relevant Supplement, at the Redemption Price less any applicable Redemption Charge. Such charge will be in addition to any Anti-Dilution Levy and/or Duties and Charges which may be imposed (and incorporated into the Redemption Price).

Potential Shareholders should therefore note that payments received for Shares redeemed could be less than the Net Asset Value per Share on the relevant Redemption Day.

Please refer to the Prospectus, in particular Section 4: “Share dealing”.

Subject to any limitations outlined below, Redemption Proceeds will, under normal circumstances, be paid by the Redemption Payment Date specified in the Supplement for the relevant Sub-Fund.

Notwithstanding the above, in exceptional circumstances, if the AIFM or the Investment Manager requests the redemption of an underlying investment in order to satisfy a redemption request from a Shareholder, and if redemption monies in respect of that underlying investment are not received in time to satisfy the relevant redemption request for any reason whatsoever, the AIFM, as advised by the Investment Manager, a Sub-Investment Manager or any Investment Advisor, as appropriate, may schedule the payment of the redemption monies in respect of such Shares in a manner that the AIFM believes will treat Shareholders in a fair and equal manner during the period when such an underlying investment is or may be illiquid. Such a schedule may include delays in the payment of all or a portion of Redemption Proceeds, and/or the payment of all or a portion of Redemption Proceeds in several instalments.

“Redemption Day” means, in relation to a Sub-Fund, such day or days as specified in the relevant Supplement. The Directors or the AIFM may declare other day(s) as Redemption Day(s) in their sole discretion, provided that Shareholders will be notified of such amendment in advance.

“Redemption Deadline” means such day and time as is specified in the relevant Supplement with respect to a Sub-Fund. Subject to applicable laws and regulations and the terms of the relevant Supplement, the Directors or the AIFM may waive the Redemption Deadline in their sole discretion.

“Redemption Payment Date” means in respect of the dispatch of monies for the redemption of Shares, the timeframe specified in the relevant Supplement. Subject to applicable laws and regulations and the terms of the relevant Supplement, the Directors or the AIFM may waive the Redemption Payment Day in their sole discretion.

For further details please refer to the Prospectus, in particular Section 4: “Share dealing”.

You can contact:

LGT Capital Partners Ltd.
Schützenstrasse 6
CH-8808 Pfäffikon SZ
Switzerland
Liquid Strategies & Investment Structuring (LSIS)
lgt.cp.ls-legal@lgtcp.com 

Investors should note that an investment in the Shares of any Sub-Fund 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 and the income from them may go down as well as up and, accordingly, an investor may not get back the full amount invested.

Furthermore, prospective investors should consider carefully the liquidity profile and related risks, including any liquidity management tools that may be deployed by the Company or the AIFM, for any Sub-Fund in which they are considering investing. This is true particularly, although not exclusively, for any Sub-Fund established as an ELTIF or described as providing limited liquidity. Investors should consider whether the timing at which they can redeem their investment in a Sub-Fund will meet their expectations and they should make necessary allowances for potentially significant delays in the payment of redemption monies due to various factors.

Prospective investors should carefully consider the risks involved including, but not limited to, those set forth below. 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.

An investment in the Sub-Fund should be viewed as medium to long-term.

Different risks may apply to different Sub-Funds and/or Classes. Prospective investors should review the Prospectus and the relevant Supplement carefully and in its entirety and consult with their professional advisers before making a subscription request for Shares.

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 further details please refer to the Prospectus, in particular Section 9: “Risk Factors”.

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 man-aged by an investment manager and/or affiliates thereof.

The risk factors applicable to the Sub-Fund are outlined in the section of the Prospectus titled Risk Factors and Investors should carefully consider all of the risks described therein, as each of them may be relevant to an investment in the Sub-Fund.

Please refer to the Prospectus, in particular Section 9: “Risk Factors”.

The Company is made up of one or more Sub-Funds, each Sub-Fund being a single portfolio of assets. The assets of each Sub-Fund will be separate from one another and will be invested separately in accordance with the investment objective and policies of each Sub-Fund. The proceeds from the issue of Shares in a Sub-Fund shall be applied in the records and accounts of the Company for that SubFund, and the assets and liabilities and income and expenditure attributable thereto shall be applied to that Sub-Fund.

Investors should note that an investment in the Shares of any Sub-Fund 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 and the income from them may go down as well as up and, accordingly, an investor may not get back the full amount invested.

You can access the procedures and arrangements relating to investors’ exercise of their rights arising from their investment in the Company by contacting the AIFM by email: lgt.cp@lgtcp.com, or by phone: +353 1 433 7420. 

Complaints by a Shareholder in connection with its investment in the Sub-Fund shall be addressed to the AIFM, free of charge, by letter or by e-mail, using the following contact details:

LGT Capital Partners (Ireland) Limited
3rd Floor, 30 Herbert Street
Dublin 2, Ireland
Phone: +353 1 433 7420
Fax: +353 1 433 7425
E-mail: lgt.cp@lgtcp.com    

The procedures and arrangements in place allow Retail Investors to file complaints in the official language or one of the official languages of their EEA Member State.

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 complaint 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 complaint 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. For further information, please refer to the complaints management document on https://www.lgtcp.com/en/regulatory-information/. 

Please refer to the Prospectus, in particular: “Annex III – EU Sustainable Finance Disclosure Regulation”.

Shareholders, the Company and/or any vehicle in which the Company has a direct or indirect interest may be subject to tax in jurisdictions in which the Shareholders, the Company or any such vehicles are incorporated, organized, controlled, managed, have a permanent establishment or permanent representative, or are otherwise located and/or in which investments are made and/or with which investments have a connection.

Moreover, taxes such as withholding tax or similar taxes may be imposed on profits of, or proceeds received by, the Company from investments in such jurisdictions, and such taxes may not be creditable to, or deductible by, the Company or the Shareholders in their respective jurisdictions

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’ attention is drawn to the taxation risks associated with investing in the Company and the tax considerations disclosed in the Prospectus.

Please refer to the Prospectus, in particular Section 9: “Risk factors” and Section 10: “Taxation”.

The Net Asset Value per Share for each Sub-Fund or Class of Shares (and the issue price and Redemption Price of each Class of Shares) will be available on www.lgtcp.com/en/regulatoryinformation/ and will be updated following each Valuation Day, except where the determination of the Net Asset Value of a Sub-Fund has been temporarily suspended in the circumstance described in the sub-section titled Suspension of Calculation of Net Asset Value. Access may be restricted and it is not an invitation to subscribe for purchase, convert, sell or redeem Shares. In addition, the Net Asset Value per Share for each Sub-Fund or Class (and the issue price and Redemption Price of each Class of Shares) may be obtained free of charge from, and will be available at the registered office of the Company during normal business hours.

The historical performance of each Sub-Fund will be available on http://www.lgtcp.com/en/regulatoryinformation/ to prospective investors before they invest in the Company.