NOTICE TO SHAREHOLDERS OF FLEXOBLIG, SANSO OBJECTIF DURABLE 2024, SANSO OBLIGATIONS 12 MOIS, SANSO PATRIMOINE AND SANSO SHORT DURATION
Subject: Updated prospectuses for FlexOblig, Sanso Objectif Durable 2024, Sanso Obligations 12 mois, Sanso Patrimoine, Sanso Short Duration
The AMF has modified its doctrine to facilitate the implementation of liquidity management tools such as “gates”. This is an exceptional procedure for temporarily spreading redemption requests over several net asset values as soon as they exceed a certain level defined in the fund’s legal documentation. The procedure is triggered only in the event of unusual liquidity circumstances and abnormally large redemptions on the liabilities side.
This mechanism will be included in funds from 01/01/2024.