Notice: "La Française Global Floating Rates" sub-fund of the "La Française" SICAV governed by French law

07 June 2021

This content is for professional investors only as defined by the MiFID.

We would like to inform you that the management company La Française Asset Management has decided to make a modification to the regulatory documentation of the “La Française Global Floating Rates” sub-fund of the “La Française” SICAV concerning temporary acquisitions and transfer of securities, the related guarantees as well as the remuneration generated by these transactions.

Notice: "La Française Global Floating Rates" sub-fund of the "La Française" SICAV governed by French law

Thus, transactions for the temporary transfer of securities (securities lending, repurchase agreements) may now be carried out up to a maximum of 60% of the sub-fund's assets, instead of the 50% maximum as was previously the case.

As part of these transactions, the UCI will now be able to receive/pay financial guarantees in the form of a transfer of full ownership of securities and/or cash instead of cash only.

In addition, it has been specified that the entirety of the generated direct and indirect operating costs will be borne by the management company. The share of these costs may not exceed 40% of the income generated by these transactions.

Finally, the wording of these sections has been revised for greater clarity.

This modification does not require the approval of the French Financial Markets Authority and will come into force on 10 June 2021. The regulatory documentation will be amended accordingly.

The other features of the sub-fund remain unchanged.

We wish to draw your attention to the necessity and importance of reading the key investor information document of the "La Française Global Floating Rates" sub-fund, which is available at www.la-francaise.com.

Potential investors should read all key investor information documents before making any decision to invest.

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