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- GR into force from 09/03/2018 to 21/04/2018
- Article 422-23
Article 422-23 into force from to
- Version into force from to
The prospectus mentioned in Article 422-71 may provide for different unit or share classes within the same retail investment fund or within the same sub-fund. These classes may:
Be subject to different rules for distributing income;
Be denominated in different currencies;
Be subject to different management charges;
Be charged different subscription and redemption fees;
Have different par values;
Come with automatic partial or full risk hedging, as defined in the prospectus. This hedging is achieved using financial instruments that reduce to a minimum the impact of hedging transactions on the other unit classes in the retail investment fund;
Be reserved for one or more marketing networks.
Subscriptions of a given unit or share class may be reserved for a category of investors defined in the prospectus using objective criteria, such as a subscription amount, a minimum holding period or any other commitment given by the holder.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02