About the fund
The objective of the fund is to have a recommended minimum investment period of 7 years achieve capital growth by investing in stocks that are listed on recognized stock exchanges in Europe and the United States. It is thereby ensured that the shareholders who are subject to the corporation tax enjoy dividends that are deductible on the basis of the definitively taxed income.
For the Distribution Shares, the fund also has the additional annual target pay at least 90% of the income collected by the sub-fund, after deduction of the fees, commissions and costs, in accordance with article 203 of the Dutch Civil Code. 92 and all later changes to this article and other related provisions. The benchmark is composed of the following indices:• 50% off the return of the Morningstar Developed Markets Europe Large-Mid Cap (in EUR) and• 50% off the return of the Morningstar US Large Cap (in EUR)The Morningstar Developed Markets Europe Large-Mid Cap shows the return of diversified investments Equities in Europe, the Morningstar US Large Cap reflects the return of diversified equity investments of the United States.
The benchmark does not form a restrictive definition of the investment universe.
This benchmark is only used for the calculation of the performance fee and not for the composition of the portfolio. The composition of the sub-fund may therefore deviate significantly from the benchmark. Morningstar is the provider and manager of the benchmark. At the date of this prospectus, neither is the benchmark nor the manager included in the register referred to in Article 36 in accordance with Regulation (EU) 2016/1011 of 8June 2016.The SICAV has taken measures when there is a major adjustment to the benchmark or when it is discontinued of the benchmark. These measures provide an overview of the currently applicable benchmark, what the alternative is, which benchmark can be chosen and which motivation has been determined for this.
Finally it also indicates which alternative solution applies when Morningstar stops offering indexes or would no longer comply with the applicable legislation and as a result could no longer comply if provider and manager. An adjustment of the benchmark will always be in accordance with the legislation in force made known. The entire procedure is addressed to Merit Capital Global Investment upon written request Fund, available for free.