How to Invest
Shareholder Services: +322.214.171.124.600
Sales Desk: +44 (0)20.8819.6490
The minimum initial investment in the Fund via the A Share Class is $10,000. The minimum initial investment via the Institutional Share Class is $1,000,000.
In order to open a new account, please send by fax to State Street Bank Luxembourg S.C.A. an Individual and Joint Account Application or Corporate Trust Account Application duly completed, signed and stamped as well as all relevant documents to the following fax number: +3126.96.36.199 41.
Please send by mail, within 5 working days, all the documentation to the following address:
Registrar and transfer agent
State Street Bank Luxembourg S.C.A
49, Avenue J.F. Kennedy
Grand Duchy of Luxembourg
State Street Bank Luxembourg S.C.A. will contact you in order to obtain the missing documentation. Please be aware that the payment of redemption (or the processing of transfer) will not be allowed until all requested documentation is received by mail (in original and/or certified as appropriate) by State Street Bank Luxembourg S.C.A.
Investors should carefully read the prospectus, the key investor information document and all other relevant documentation before investing in the fund. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Currency fluctuations may have a negative impact on the value of an investment in the fund. Net performance results are calculated after management fees and certain operational costs, commissions, fees and other charges that could have a negative impact on performance. The performance figures given are a measure of the change in net asset value of the Fund which are net of all Fund fees and expenses but do not take into account taxes or charges. The S&P 500 Index is a market-value weighted index consisting of 500 stocks chosen for market size, liquidity, and industry group representation. The Russell 1000 Value Index measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values. One cannot invest directly in an index.
Smead US Value UCITS Fund Disclosure
Smead Funds - Smead US Value UCITS Fund, incorporated on December 4, 2015, is a UCITS organized as an investment company with variable capital, with one sub-fund (Société d’investissement à capital variable, “SICAV”) under the laws of Luxembourg, and is regulated by the Commission de Surveillance du Secteur Financier (“CSSF”) which is the Luxembourg supervisory authority.
Investors should carefully read the prospectus, more specifically its section on risk factors, the Key Investor Information Document (“KIID”) and all other relevant documentation before investing in the fund. Further information about the sub-fund, including copies of its prospectus, the last annual reports and any subsequent half yearly reports of the Absorbed Fund can be obtained free of charge, in English, at the registered office of the Fund, Central Administrator, the Custodian Bank, the Fund distributors or online at (http://smeadcap.com/ucits/forms). Holdings are available upon request.
These agreements may be amended by mutual agreement of the parties involved. Luxembourg taxation regime may have an impact on the personal tax position of the investors. Depending on your own country of residence, this might have an impact on your investment. For further details you should consult a tax adviser. The latest prices of share class of the Fund can be found at the depositary and at all distributors or on the Delegated Manager website (www.smeadcap.com). The assets and the liabilities of the sub-fund are segregated by law. Shareholders may request at any time the conversion of all or part of their holdings into shares of another category and/ or class of shares. There are no conversion fees. For more details on how to exercise that right refer to the Fund’s prospectus. Duff & Phelps (Luxembourg) Management Company S.à r.l. was appointed as Management Company of the Fund with effect 4 December 2015 and may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the Fund. Smead Capital Management is the Delegated manager of this sub-fund. This fund is authorized in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier. Duff & Phelps (Luxembourg) Management Company S.à r.l. is authorized in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier. This key investor information is accurate as at 22/02/2016.
Fund holdings and sector allocation and asset allocations are subject to change and are not recommendations to buy or sell any security.
This does not constitute the solicitation of an offer to purchase or subscribe for any investment, financial instrument or service in any jurisdiction where such a solicitation of an offer is unlawful. The Fund is only available for investment by non-US citizens who are not residents of the US. The Fund is not offered for sale or sold in the US, its territories or possessions. The Fund is not registered for sale to the public in all jurisdictions. Subscriptions will only be received and shares issued on the basis of the current prospectus for the Fund, the most recent financial reports and the simplified prospectus. Smead Capital Management is the investment manager of the Smead US Value UCITS Fund.
Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® is a trademark of Russell Investment Group.
The information contained within this document has not been reviewed in light of your personal circumstances.