28 September 2022
La Française Asset Management (hereinafter the "Company") hereby informs you that BNP Paribas Securities Services, which acts as custodian and registrar bank for undertakings for collective investment and as appointed accounts manager, will merge with its parent company BNP Paribas SA. The effective date of the merger is scheduled for 1 October 2022, subject to ongoing local consultations with social partners in some countries.
As a result of the merger, BNP Paribas SA, in its capacity as universal successor to BNP Paribas Securities Services, will, as of the date of the merger, become the custodian and registrar bank for undertakings for collective investment and the appointed accounts manager for the funds listed in Annex 1 of this document.
The merger will not affect the functions and operations set up by the Company and performed by BNP Paribas SA. The operating and service model used by BNP Paribas SA will remain unchanged, as will the contact details of the custodian in France.
When it comes into force, the updated prospectuses of the funds listed in Annex 1 will be available on the La Française website: www.la-francaise.com.