Dear Sir/Madam,
You are a unitholder of the fund :
- QUADRIGE EUROPE Midcaps (ISIN code:FR0013072097 and ISIN code:FR0013280906)
- QUADRIGE MULTICAPS Europe (ISIN code: FR0013261807 and ISIN code: FR0013280914)
- QUADRIGE PATRIMOINE (ISIN code: FR0013324902 and ISIN code: FR0013324910)
- QUADRIGE WORLD Largecaps (ISIN code: FR0013417185 and ISIN code: FR0013417193)
What changes will your fund undergo?
We inform you of the reactivation of outperformance fees on January1, 2026. The technical terms of this reactivation include the recovery of any underperformance during the year, including the period of suspension of these commissions. The first technical date taken into account will be the Net Asset Value dated September 25, 2025.
We would also like to take this opportunity to inform you of a change in the redemption deadline. Currently, redemptions are carried out a maximum of 5 working days after the centralization time (D+5). In order to adapt to market practices and to the current deadline for subscriptions to your fund (D+2), the management company has decided to reduce this redemption deadline to D+2, i.e. 2 working days.
Finally, we would like to inform you of the regulatory recommendations of the Autorité des Marchés Financiers (AMF) concerning fees charged to UCIs, effective January 1, 2026. This regulatory change means that the financial manager will no longer charge transaction fees.
In line with changes in AMF doctrine (DOC 2011-15), the presentation of fees applicable to French-domiciled funds is changing.
This regulatory change means that the financial manager no longer collects transaction fees.
As of January 1, 2026, expenses will be presented in two categories:
- Financial management fees: related to portfolio management.
- Operating expenses and other services (FFS ): covering regulatory, legal, custodian, audit, reporting, indices, ESG data and certain external services.
From now on, these operating costs will be invoiced on the basis of a pre-defined flat rate. If actual expenses are lower than the flat rate, the flat rate will be applied. If actual expenses exceed the flat rate, Groupama Asset Management will pay the excess.
Impact on carriers :
- This evolution enhances transparency and simplifies the reading of expenses. It has no impact on the overall level of charges. The sum of “financial management fees”, “operating fees and other services” and “indirect management fees”, where applicable, remains identical.
- All other characteristics of the Funds remain unchanged.
For further details, please refer to the regulatory documents for your UCIs, which will be published on www.groupama-am.com as of January 1, 2026.
Key points for investors to bear in mind
We invite you to read the new UCITS prospectus, which will be available on our website, www.groupama-am.com as of January1, 2026.
Thanking you for your confidence, we remain yours faithfully.
WARNING
This document is intended for information purposes only.
Groupama Asset Management and its subsidiaries disclaim all liability for any alteration, deformation or falsification of this document.
Before investing, all investors should read the prospectus
or the key investor information document (DIC) of the UCITS. These and other periodic documents may be obtained free of charge on request from Groupama AM or at www.groupama-am.com.
This non-contractual document does not constitute a recommendation, a solicitation of an offer, or an offer to buy, sell or arbitrage, and should not be interpreted as such.
The sales teams of Groupama Asset Management and its subsidiaries are at your
disposal to help you obtain a personalized recommendation.
Published by Groupama Asset Management
Head office: 25 rue de la ville l’Evêque, 75008 Paris – Website : www.groupama-am.com
