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Swing pricing

 

Protecting holders from fund dilution


PREAMBLE: FUNDAMENTAL PRINCIPLES ADOPTED BY SEEYOND


In its wish to safeguard the interests of its long-term holders, Seeyond has decided to introduce the swing pricing mechanism based on the methodology recommended by the French Asset Management Association's (AFG) charter.

The list below indicates the funds for which Seeyond set up the swing pricing. This device is triggered when a trigger threshold percentage of the Fund's net assets is reached or exceeded.



A shareholder who purchases or redeems an amount below the threshold is not guaranteed to be executed on an unswung NAV. Indeed, the swing pricing trigger is appreciated globally, taking into account all inflows/outflows, ie the net balance of subscriptions / redemptions of all shareholders.

Moreover, Seeyond has the right to change at any time the swing pricing parameters, especially during a crisis situation.

FAQ is available on Seeyond’s website. The purpose of these FAQs is to respond to the various questions of holders regarding the working of the mechanism and its impacts. It applies to professional and non-professional clients within the meaning of the Markets in Financial Instruments Directive.

  • This document is available at the Seeyond website.
  • This document can also be obtained on request from the Distribution Services Department by e-mailing ClientServicingAM@natixis.com or sending a letter to:
     

SEEYOND
Service Client
43, Avenue Pierre Mendes France – 75013 PARIS

Read the FAQ