We listed the most relevant facts & figures regarding CATF in order to give you a clear overview of the basic fund details.
For a complete overview of all fund details, we invite you to read our Information Memorandum. If you prefere to discuss your questions or considerations in person, please do not hesitate to contact us. We gladly explain all details, risks and possibilities to you in person.
The basic information of CATF is available for download via the links below. Additional information may be obtained from the management company or the client communication agent. These documents can be requested for, free of charge, at Öko-Life or BAUM Management.
- Information Memorandum
- Management Regulations
The base currency of CATF is the US Dollar.
Term of CATF
CATF has been created for a limited period of time till December 15, 2030.
Initial offering period
The offering period for the units was from 8 September 2011 at 5 p.m. untill 31 December 2011 at 5 p.m. Luxembourg time. On October 14, 2011, CATF accepted all subscriptions made by the initiator of CATF.
Classes of units available
Currently the class available for subscription by the investors is the share class with the US Dollar as reference currency.
Please read also the one pager English/Dutch overview, that is accessible via the hyperlink on Information on Redemptions and Subscriptions. CATF is an open-end fund. Investors can subscribe at a price initially per unit of US$ 10 during the offering period or at the net asset value per unit at any subscription day that CATF is open for subscriptions. The net asset value per unit will be determined as described in Section 5 of the Information Memorandum. Applications for subscriptions and transfer of units may be made by:
(A) (in respect of subscriptions during the initial offering period) submitting a complete written and signed subscription request to the administrative agent to be received by the administrative agent before 12 a.m. Luxembourg time before the end of the initial offering period. Any subscription requests and/or subscription moneys received after the cut-off time in respect of subscription requests made during the initial offering period will be carried forward to be effected on the first valuation day after the initial offering period;
(B) (for ongoing subscriptions) submitting a complete written and signed subscription request to the administrative agent to be received by the administrative agent before 12 a.m. Luxembourg time on the business day that is 5 (five) business days before the relevant valuation day on which the subscription will be effected. Subscription requests received after this deadline will be processed on the next following valuation day; and
(C) delivering to the account of the custodian cleared funds for the full amount of the subscription price of the units being subscribed for pursuant to the subscription request, before 12 a.m. Luxembourg time on the business day that is 3 (three) business days before the relevant valuation day.
Transfer of units
With regard to the transfer of units reference is made to Section 4.6. of the Information Memorandum for the applicable terms, conditions and costs. Neither CATF nor the management company accepts liability with regard to the transfer price agreed upon between the relevant parties as such price depends on the marketability of the units and the demand and supply.
The management company, in its sole discretion, may determine additional valuation days. Unitholders and investors having submitted a subscription or redemption request in respect of CATF will be informed of the organisation of any additional valuation day by way of a notice. By reference to Section 6.2 of the Information Memorandum, the net asset value per unit will normally be made available to investors at the registered office of the administrative agent within 15 (fifteen) business days after the relevant valuation day and at the latest before the next prevailing valuation day.
|Fund||NAV Calculation||Latest calculation||NAV|
|CATF||Annually||June 30, 2016||11.006|
|CATF||Annually||June 30, 2015||10.691|
|CATF||Annually||June 30, 2014||9.50|
|CATF||Annually||June 30, 2013||9.104379|
|CATF||Annually||June 30, 2012||8.777139|
Each valuation day will be a redemption day (“Redemption Day”). Redemption requests may be submitted in respect of any such Redemption Day in accordance with Section 4.4.2 of the Prospectus.
All redemption requests must be made in writing to and received by the administrative agent at least one month prior to the valuation date and will be eligible for redemption on that Redemption Day subject to the following:
- (A) Unitholders are bound to a lock-up period of 1 (one) year after the subscription date.
- (B) Unitholders will be authorised to request the redemption of their units (in whole or in part) taking into account the lock-up period and subject to the following redemption fees:
- Year 2015 – 5% of the redemption proceeds
- Year > 2016 – no redemption fee shall be charged
Redemption proceeds will in principle be paid within a period of 5 (five) business days following the net asset value publication relating to the relevant Redemption Day.
The attention of investors is drawn to, and prospective investors should carefully read, the terms of Section 4.4.3 of the Information Memorandum. Nothing will oblige the management company to meet any redemption request, and prospective investors should be aware that they may be required to bear the financial risk of their investment for a significant period of time and unitholders may be paid out at different net asset values per unit. In addition, redemptions may take place over more than one Redemption Days.
Conversions with other funds or other UCI’s are not allowed. All terms and conditions applicable to redemptions of units shall equally apply to the conversion of units.
|The classes have the following characteristics|
|Min. subscription amount*||Amount in (reference currency equivalent to) EUR 125,000|
|Min. holding amount*||Amount in (reference currency equivalent to) EUR 125,000|
|Min. subsequent subscription amount||Amount in (reference currency equivalent to) EUR 10,000|
|Initial subscription price||US$10|
|Distribution and marketing fee||na|
|Redemption fee||Please refer to the concerning section above|
|Transfer fee||Maximum 7.50% of the transfer amount|
|Management Fee||Maximum 1.40% of the AUM|
|Advisory Fee||Included in the Management Fee|
|Performance Fee Investment Advisor||Based on Treshold, see art. 6.5 of the Prospectus|
|Distribution or accumulation||Accumulation|