onemarkets Fund
Société anonyme
Société d'investissement à capital variable
R.C.S. Luxembourg: B271238
Registered office: 8-10, rue Jean Monnet
L-2180 Luxembourg, Grand-Duchy of Luxembourg
(the "Fund")
Notice to Shareholders
The Board of Directors of the Fund is pleased to inform you about the following changes to the Fund's prospectus (the "Prospectus") (defined terms not defined in this notice have the meaning ascribed to them in the current Prospectus):
1. General part of the Prospectus
- Amendments to the definition of "Investment Grade" in order to remove references to specific rating agencies;
- amendments to the swing pricing mechanism as per the swing pricing mechanism policy;
- Amendment to section 3.4.2 " Limits to prevent concentration of ownership" to clarify the concentration limits at sub-fund level;
- Update of the risk factor regarding “securitisation risk”;
2. Appendix 3 “Overview of share classes
- Clarification that Share Classes "E" are open for direct and indirect investments by insurance companies ";
- Addition of a new share class "X" as a new institutional share class;
- Insertion of a new Share Class Indicator "DQ" referring to quarterly distributing income and capital Share Classes;
- Clarification that Investors invested in Class B Shares will be in general automatically transferred into Class C and into Class C2 for the onemarkets Income Opportunities Fund upon the third anniversary of their holding of Class B Shares;
- Reduction of the Management Fee charged to the Share Class A from 1.60% to 1.10% in relation to the onemarkets Global Multibrand Selection Fund
- Reduction of the Management Fee charged to the Share Class U in relation to all the existing Sub-Funds as further specified in the appendix 3
- Reduction of the Management Fee charged to the Share Class U2 from 1.00% to 0.35% in relation to the onemarkets Income Opportunities Fund
- Reduction of the Management Fee charged to the Share Class S in relation to most of the existing Sub-Funds as further specified in appendix 3
- Addition of 9 new Share Classes "D-USD" in onemarkets Amundi Climate Focus Equity Fund, onemarkets Fidelity World Equity Income Fund, onemarkets BlackRock Global Equity Dynamic Opportunities Fund, onemarkets PIMCO Global Strategic Fund, onemarkets PIMCO Global Short Term Fund, onemarkets J.P. Morgan Emerging Markets Short Term Bond Fund, onemarkets Allianz Global Equity Future Champions Fund, onemarkets Capital Group US Balanced Fund and onemarkets Rockfeller Global Innovation Equity Fund
3. Sub-Fund specific sections of Sub-Funds already launched:
- onemarkets Income Opportunities Fund: following the merger between Victory Capital Management Inc. and Amundi Asset Management US Inc, the Sub-Fund will be renamed "onemarkets Income Opportunities Fund". Victory Capital Management inc., which has absorbed Amundi Asset Management US Inc., is now the investment manager of the Sub-Fund. The merger has no adverse consequences for the shareholders in the Sub-Fund since the team responsible for the Sub-Fund and applicable fees remain unchanged;
- onemarkets PIMCO Global Balanced Allocation Fund: amendments to (i) the investment policy to specify that bond investments may include investments in China Onshore market (through CIBM – Direct Scheme) and (ii) the SFDR PCD Annex to specify the principal adverse impacts (PAIs) on sustainability factors, in accordance with article 7(1) of the Sustainable Finance Disclosure Regulation (SFDR) (EU) 2019/2088;
- onemarkets VP Global Flexible Bond Fund: amendments to the SFDR Pre-Contractual Disclosure (PCD) Annex regarding the application of the exclusion criteria;
- onemarkets Global Multibrand Selection Fund: amendments to the investment policy regarding the references to the credit rating agencies;
- onemarkets UC European Movers Balanced Fund (former "onemarkets Libra Fund"): the sub-fund will be renamed following its restructuring which will be effective on 15 September 2025 and which relates to the investment strategy and policy, sustainability approach, use of securities financing transactions, profile of the typical investor, investment manager and use of benchmark, risk management procedures (including Appendix 4 "Collateral and Haircut Policy" and Appendix 5 "Sub-Funds Specific Risk Factors" in the general part of the prospectus). The restructuring aims to achieve efficiency when deploying the investment policy where the investment objective remains fundamentally unchanged;
- onemarkets BlackRock Global Equity Dynamic Opportunities: amendments to the SFDR Pre-Contractual Disclosure (PCD) Annex regarding the use of the sustainability indicators to measure environmental or social characteristics.
4. Existing Sub-Fund specific sections of Sub-Funds not yet launched:
- onemarkets UC Bond Portfolio I Fund (former: "onemarkets Bond Target 2029 Fund") and onemarkets UC Bond Portfolio II Fund (former: "onemarkets Bond Target 2029 II Fund"): amendments related to the investment policy, profile of the typical investor, risk management procedures and new denomination to reflect the new strategy. The amendments primarily aim at broadening the list of eligible countries issuing or guaranteeing bonds or Money Market Instruments in which the Sub-Funds may invest along with a controlled increase of investments into fixed income securities with sub-investment grade rating.
5. Investor Rights
In accordance with the Prospectus, existing shareholders in the Sub-Funds onemarkets PIMCO Global Balanced Allocation Fund, onemarkets VP Global Flexible Bond Fund, onemarkets Global Multibrand Selection Fund, onemarkets Libra Fund and onemarkets BlackRock Global Equity Dynamic Opportunities who do not consent to the above changes in relation to the sub-funds in which they are invested shall be entitled to request the redemption/conversion of their Shares without redemption/conversion fees for 30 days as of the date of publication of this notice, i.e. until 21 July 2025 and those changes will be effective on the same date (i.e., 21 July 2025). The changes in relation to the General Part of the Prospectus, Appendix 3 “Overview of share classes”, the Sub-Fund's specific section of onemarkets Income Opportunities Fund and the recalibration of the Sub-Funds as listed under section 3 "Existing Sub-Fund specific sections of Sub-Funds not yet launched" are not subject to the 30 days prior notice.
Shareholders should note that, once the above changes enter into effect, the new Prospectus and PRIIPS KIDS may be obtained at the registered office of Structured Invest S.A. (Management Company of the Fund) and may also be accessed electronically via https://www.structuredinvest.lu/eu/en.html.
Luxembourg, 20 June 2025
The Board of Directors