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Legal Disclaimer
This is a financial promotion and is not intended to constitute investment advice.
Lazard Capital Fi ist ein französischer Investmentfonds (Fonds commun de placement), der von der Autorité des marchés financiers als OGAW zugelassen und reguliert und von Lazard Frères Gestion SAS verwaltet wird.
Copies of the full Prospectus, the relevant Key Information Documents (KID) for Packaged Retail and Insurance-based Investment Products (PRIIPs Regulation) and the most recent Report and Accounts are available in English, and other languages where appropriate, on request from the address below or at www.lazardfreresgestion.fr. Investors and potential investors should read and note the risk warnings in the Prospectus and relevant KIID. Investment decisions should be based on review of all fund documentations, final investment decisions should not be made based on this communication alone. Additional information about the sustainability of the fund is available at the website address above. Lazard Freres Gestion reserves the right to withdraw this fund from marketing at any time and without notice. The fund is actively managed.
Past performance is not a reliable indicator of future results. The value of investments and the income from them can fall as well as rise and you may not get back the amount you invested. Any yield quoted is gross and is not guaranteed. It is subject to fees, taxation (particularly where presented gross of fees and taxes, which is specifically relevant for retail clients with Belgian residence) and charges within the Fund and the investor will receive less than the gross yield. There can be no assurance that the Fund's objectives or performance target will be achieved. Any views expressed herein are subject to change. For any information about how to subscribe or redeem, please contact your Financial Advisor or the Lazard representative at the details below. Subscriptions may only be based on the current prospectus. The returns from your investment may be affected by changes in the exchange rate between the Fund's base currency, the currency of the Fund's investments, your share class and your home currency. The information provided herein should not be considered a recommendation or solicitation to purchase, retain or sell any particular security. It should also not be assumed that any investment in these securities was or will be profitable.
The tax treatment of each client will vary and you should seek professional tax advice.
For any complaints, please contact the representative of the LFM, LAM, or LFG office for your country. You will find the contact details below.
The contents of this document are confidential and should not be disclosed other than to the person or persons for whom it is intended.
FOR FINANCIAL PROFESSIONAL USE ONLY.
Securities of smaller companies may be less liquid, and exhibit more volatile returns, than the securities of larger companies.
Emerging and developing markets can face significant political, economic or structural challenges. The portfolio may experience delays in buying, selling and claiming ownership of investments and there is an increased risk that the portfolio may not get back the money invested.
Yields from bonds reflect in part the risk rating of the bond issuer. Investment in lower rated bonds increases the risk of default on repayment and the risk to capital of the portfolio. High yielding assets may carry a greater risk of capital values falling or have limited prospects of capital growth or recovery. Investment in high yield securities involves a high degree of risk to both capital and income.
The portfolio invests in financial derivative instruments ("FDIs"). While the use of FDIs can be beneficial, they also involve risks different from, and in certain cases, greater than, the risks presented by more traditional investments. FDIs may be subject to sudden, unexpected and substantial price movements that are not always predictable. This can increase the volatility of the portfolio’s Net Asset Value. FDIs do not always totally track the value of the securities, rates or indices they are designed to track. The use of FDIs to gain greater exposure to securities, rates or indices than by a direct investment, increases the possibility for profit but also increases the risk of loss. The Fund is also subject to the risk of the insolvency or default of its counterparties to FDI investments. In such events the Fund may have limited recourse against the counterparty and may experiences losses.
Lazard Asset Management (Deutschland) GmbH, Neue Mainzer Straße 75, 60311 Frankfurt am Main is authorized and regulated in Germany by the BaFin. The Paying Agent in Germany is Landesbank Baden-Württemberg, Am Hauptbahnhof 2, 70173 Stuttgart, the Paying Agent in Austria is UniCredit Bank Austria AG, Rothschildplatz 1, 1020 Vienna.
COMPLAINTS HANDLING PROCEDURE
To ensure that claims are processed efficiently, they must be addressed in writing to the Secrétariat Général at Lazard Frères Gestion, 25 rue de Courcelles, 75008 Paris.
Upon reception of a claim, Lazard Frères Gestion undertakes to acknowledge receipt of the claim within 10 working days of receipt of the claim and will reply to the claim within two months of receipt of the claim, unless particular circumstances arise and are duly justified. If the client deems that the claim is unsatisfactorily processed by Lazard Frères Gestion, then the client can request mediation with the Autorité de Marché Financier Ombudsman at the following address: Autorité des Marchés Financiers, Service Médiation – 17 Place de la Bourse, 75082 PARIS-CEDEX 02, or simply fill in an electronic form on the AMF’s internet site on https://www.amf-france.org/fr (AMF Mediator section). This site also contains a mediation charter drafted by the AMF’s Ombudsman.