Share classes

Share classes refer to different fund unit categories that each have their own securities identification number, ISIN. Share classes can differ, for example, in their appropriation of earnings (distributing/reinvesting), the amount of their issuing commission and management fee, or their minimum investment amount. The investment concept remains unchanged across the share classes.

Description of suffixes: The investment company offers share classes with various characteristics. The share class characteristics can be identified on the basis of the suffixes described in the following table. The suffixes are explained in more detail below:

Investor type

Appropriation of earnings

Distribution frequency

Hedging

Other

Institutional investors I

 Reinvestment
C		 Annually No hedging Early Bird EB
Semi-institutional investors F Reinvestment
C

Annually

 Hedging
H		 Donation
W
Private investors B, L, N

Reinvestment
C

Distribution
D

Annually

Quarterly
Q

Hedging

H

Portfolio hedging
H (P)

 Seeding X
Master feeder J, MF Distribution
D

Quarterly
Q

Monthly
M

Portfolio hedging
H (P)

 Placement fee*
PF
Trailer free TF Distribution
D		 Monthly
M		 Currency risk
CE		 Restricted
R

Institutional investors*

General rule for share class abbreviation without numerical suffix: 10,000,000 in the currency of the respective share class, with the exception of Japan (JPY 1,500,000,000) and Sweden (SEK 100,000,000)

Semi-institutional investors

 General rule for share class abbreviation without numerical suffix: 2,000,000 for investments in the currency of the respective share class, with the exception of Japan (JPY 250,000,000) and Sweden (SEK 20,000,000)
Numerical suffixes for semi-institutional investors A numerical suffix to the share class abbreviation indicates the minimum investment amount in millions in the currency of the respective asset classes applicable to semi-institutional and institutional investors.
Seeding share class

2,000,000 per order in the currency of the respective share class, with the exception of Japan (JPY 250,000,000)
* Undertakings for collective investments in accordance with US law are treated as institutional investors with respect to the minimum investment amount.
The investment company reserves the right to deviate from these minimum initial investment amounts at its own discretion, for example in cases in which distribution partners have concluded special fee arrangements with their clients. Subsequent deposits can be made in any amount.

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