VP Fund Solutions News

Notice to the shareholders of the Auréus Investments

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The board of directors of the Fund (the "Board") would like to inform you that it has decided to amend the prospectus of the Fund (the "Prospectus").

Subfund ISIN
Bonds Conservative



  1. Investment policy of Auréus Investments – Bonds Conservative (the "Sub-Fund")

    The investment policy of this Sub-Fund has been amended as follow: "This Sub-Fund seeks to achieve a positive total rate of return with fixed income while minimizing fluctuations in capital values by investing primarily in a diversified portfolio of investment grade fixed income funds. The Sub-Fund invests at least 75% (previously 90%) of its net assets in investment grade fixed income. Normally, 25% (previously 10%) or less of the Sub-Fund total assets will be invested in below investment grade debt".
  2. Risk profile of Auréus Investments – Bonds Conservative (the "Sub-Fund")

    The risk profile of the Sub-Fund has been amended as follow: "The Sub-Fund is predominantly invested in open-ended fixed income funds and fixed income ETFs. At least 75% (previously 90%) of the Sub-Fund’s Target Funds have hedged their returns to euro."

The reason behind the above-mentioned changes is related to the fact that the Investment Manager of the Sub-Fund would like to add sustainable/green bond funds to its portfolio, which are not always hedged to EUR and might sometimes contain (small) weights in non-IG bonds. Therefore, the Investment Manager of the Sub-Fund would like a little more space in terms of weights in non-EUR hedged and non-IG bonds in the portfolio. The purpose is to be able to change the Sub-Fund into a green(er) bond portfolio.

These changes will be reflected in the Prospectus to be dated August 2021, a copy of which is available free of charge at the registered office of the Fund.

Shareholders, who do not accept this modification, have a right to redeem their shares free of charge within thirty (30) days following the publication of this notice.

The Board of Directors of the Auréus Investments, Société d’Investissement à Capital Variable

VP Fund Solutions (Luxembourg) SA
2, rue Edward Steichen, L-2540 Luxemburg
R.C.S. Luxembourg B 42828
 +352 404 770 297