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DKO-Fonds und NESTOR-Fonds: Notice to Unitholders

Concretisation of the communication of 30 November 2020

NESTOR Investment Management S.A.
3, rue Gabriel Lippmann L-5365 Munsbach
R.C. S. Luxembourg B 45.832

LRI Invest S.A.
9A, rue Gabriel Lippmann L-5365 Munsbach

R.C.S. Luxembourg B 28.101

NOTICE:
This is a notice which must be sent to unitholders without delay within the meaning of section  § 298 (2) of the KAGB.

DKO-Fonds (Umbrella)
Notice to the unitholders of the sub-funds:

DKO-Aktien Global (DF)
(ISIN LU0138410633 / WKN 764384)

DKO-Aktien Nordamerika
(ISIN LU0068971778 / WKN 974498)

DKO-Optima
(ISIN LU0092225969 / WKN 989073)

DKO-Renten EUR
(ISIN LU0065085960 / WKN 971242)

DKO-Renten USD
(ISIN LU0103579933 / WKN 926188)

DKO-Renten Hybrid
(ISIN LU0188083231 / WKN A0B9E9)

DKO-Renten Spezial
Unit Class T (ISIN LU0386792104 / WKN A0Q9CB)

NESTOR Fonds (Umbrella)
Notice to the unitholders of the sub-funds:

NESTOR Far East funds
Unit Class B (ISIN LU0054738967 / WKN 972880)
Unit Class V (ISIN LU1433074256 / WKN A2ALWP)

NESTOR Eastern Europe funds
Unit Class B (LU0108457267 / WKN 930905)
Unit Class V (LU1433074413 / WKN A2ALWR)

NESTOR Africa funds (i. L.)
Unit Class B (ISIN LU0407232692 / WKN A0RELJ)
Unit Class V (ISIN LU1433073878 / WKN A2ALWK)

NESTOR Australia funds
Unit Class B (ISIN LU0147784119 / WKN 570769)
Unit Class V (ISIN LU1433073951 / WKN A2ALWL)

NESTOR Gold funds
Unit Class B (ISIN LU0147784465 / WKN 570771)
Unit Class V (ISIN LU1433074330 / WKN A2ALWQ)

NESTOR Europe funds
Unit Class B (ISIN LU0054735948 / WKN 972878)
Unit Class V (ISIN LU1433074173 / WKN A2ALWN)

1. change in the Central Administration Agent and the Registrar and Transfer Agent

The activities of the Registrar and Transfer Agent will not be transferred to another service provider.

2. change in fees (presentation adjusted)

For all NESTOR sub-funds, with the exception of the sub-fund NESTOR Africa Fonds (i. L.), which is in liquidation, the following change will be made to the fee structure:
:

Type of remunerationRemuneration in the pastRemuneration in the future
Management fee
(incl. remuneration for the Central Administration
and remuneration of the Information Agent in Germany)*
Unit class B: 1,40% p.a.
Unit class V: 1,00% p.a. 

Unit class B: 1,20% p.a.
Unit class V: 0,80% p.a.

A minimum management fee of EUR 30,000.00 applies to the sub-funds

The following changes will be made to the fee structure for all DKO sub-funds:

Type of remunerationRemuneration in the pastRemuneration in the future
Management fee
(incl. remuneration for the Central Administration
and remuneration of the Information Agent in Germany)*
up to 0,35% p.a

 up to 0,3% p.a.

A minimum management fee of EUR 30,000.00 applies to the sub-funds


The remuneration of the Depositary and the Registrar and Transfer Agent will be reported separately in future:

Type of remunerationType of remunerationRemuneration in the future
Depositary fee*  0,10% p.a. 

0,08% p.a.

For all sub-funds, the minimum depositary fee is EUR 7,500 p.a.

Registrar and transfer agent fee*0,02 % p.a.

* in % of the net sub-fund assets

If unitholders do not agree with the changes, they will continue to have the right to redeem their respective units free of charge at the Management Company, the Depositary and at any Paying Agent until 2:00 p.m. (Luxembourg time) on 30 December 2020.

The current Prospectus of both Umbrella Funds, including the respective Management Regulations, the Key Investor Information Document as well as the annual and semi-annual reports are available free of charge at the registered office of the Management Company, at the Depositary as well as at all Paying Agents.


Munsbach, 30 December 2020

NESTOR Investment Management S.A.
LRI Invest S.A.