Please find below the reports reserved for investors based in Switzerland and Luxembourg.

Investors in Luxembourg

Monthly Report

Annual Report

Half-Yearly Report

KIID Part I

KIID Part R

KIID Part ID

Simple Prospectus

Richelieu France

Richelieu Spécial

Richelieu Europe Quality

Investors in Switzerland

Monthly Report

Annual Report

Half-Yearly Report

KIID Part I

KIID Part R

KIID Part ID

Simple Prospectus

Richelieu France

Richelieu Spécial

Richelieu Europe Quality


Restrictions US person



The units of the mutual fund are not and will not be registered according to the United States Securities Act of 1933 (hereinafter “the 1933 Act”) or according to any law applicable in an American state, and the units may not be directly or indirectly transferred, granted or sold in the United States of America (including its territories and possessions), for the benefit of any citizen of the United States of America (hereinafter “US Person”, as defined in “Regulation S” as part of the 1933 Act (Section 230 - Paragraph 230-902) adopted by the Securities and Exchange Commission (SEC), unless (i) the units have been registered or (ii) an exemption is applicable with the prior consent of the fund’s management company.

The mutual fund is not and will not be registered according to the United States Investment Company Act of 1940. Any resale or disposal of units to the United States of America or to a US Person may constitute a violation of American law and requires the prior written consent of the mutual fund’s management company. Persons wishing to acquire or subscribe for units will have to certify in writing that they are not US Persons.

The mutual fund’s management company has the power to impose restrictions (i) on the holding of units by a US Person, and thus carry out a compulsory redemption of the units held, or (ii) on the transfer of units to a US Person. This power also extends to any person (a) who appears to have directly or indirectly infringed the laws and regulations of any country or governmental authority, or (b) who could, in the mutual fund management company’s opinion, cause harm to the mutual fund that it would not otherwise have endured or suffered.

The units offering has not been authorised or denied by the SEC, the specialised commission of an American state, or any other American regulatory authority. Furthermore, said authorities have not ruled against or sanctioned the merits of this offering, or the accuracy or adequacy of the documents related to this offering.

Any affirmation to that effect is illegal. Any unit-holder must immediately notify the mutual fund’s management company in the event that it becomes a US Person. Any unit-holder becoming a US Person will no longer be allowed to acquire new shares, and may even be requested to dispose of his/her units at any time for the benefit of those not considered a US Person. The mutual fund’s management company reserves the right to implement the compulsory redemption of any unit held directly or indirectly by a US person The definition of “US Persons” can be found at the following address: http://www.sec.gov/about/laws/secrulesregs.htm . The unofficial French translation is available on our website at the following address: http://www.kblrichelieu.com/Actualites_de_nos_OPCVM.asp .