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Kid Fcpe Sequoia Plus 2024
Kid Fcpe Sequoia Plus 2024
Objective
This document contains key information about this Investment Product. It is not marketing material. This information is provided to you in
accordance with a legal obligation, to help you understand the nature of this Product and what risks, costs, potential gains and losses are
associated with it, and to help you compare it with other Products.
Product
PLUS 2024
Sub-fund of the employee mutual fund (FCPE) “SEQUOIA PLUS”
Natixis Investment Managers International
AMF Code: 990000136379
Management Company website: www.im.natixis.com
Call +33 (0)1 78 40 98 40 for more information.
The Autorité des Marchés Financiers (French Financial Markets Authority - AMF) is responsible for the supervision of Natixis Investment Managers
International with respect to this Key Information Document. Natixis Investment Managers International is authorised in France under number
90-009 and regulated by the AMF.
Date of production of the Key Information Document: 27/03/2024.
You are about to buy a product that is not simple and may be difficult to understand.
What is this Product?
Type This Product is an Alternative Investment Fund (AIF) which has the legal form of a sub-fund of an employee mutual fund (FCPE). This
Product is a portfolio of financial instruments which you will hold collectively with other investors and which will be managed in accordance with
its objectives.
Duration The maturity date of the formula is 01/06/2029. On maturity, the Product may be dissolved or merged, in which case you will be
informed by any appropriate means provided for by the regulations.
Objectives
The investment objective of the Product, classified as “formula-based employee mutual fund”, is (1) The Initial Investment by the
to allow the investor, the holder of units of the Product on 13/09/2024, to receive at the maturity of employee includes their Personal
this Product (before applicable tax and social security deductions), either on 01/06/2029, or upon an Contribution plus any net contribution.
(2) The Multiple equal to 650% may be
early exit: adjusted under the conditions described
- 100% of their Initial Investment , plus the greater of:
(1)
in the employee mutual fund’s
(i) a guaranteed minimum capitalised return of 4% per annum on the Initial Investment, and regulations.
(ii) 650 % (2) of any increase in Veolia Environnement shares purchased via the Product. This coefficient incorporates the effect of
Any increase observed in the event of a positive performance of the Veolia Environnement share listed the banking supplement paid by the
on Euronext Paris (Sub-fund A) will be calculated on the basis of an average of 1206 statements (3) of Bank, which enables the amount of the
transaction to be multiplied by 6.
the Veolia Environnement share price, in relation to the Benchmark Price (4).
(3) Each of the 1206 daily statements of
In the event of an early exit request received before 23/04/2029 inclusive, the possible the Veolia Environnement share price
increase will be the difference between (i) the “Average Early Exit Price” of the Veolia Environnement recorded from
share and (ii) the “Benchmark Price” (4) of the Veolia Environnement share. 13/09/2024 (inclusive) to 01/06/2029
The "Average Early Exit Price" is equal to the average of the 1206 (3) daily statements of the Veolia (inclusive).
Environnement share price. On the early exit date, the last statement corresponding to the early exit Each daily statement is equal to the
date will be reproduced on all the remaining statements, in order to obtain an average calculated based highest value between the closing price
on 1206 statements. The Average Early Exit Price may not be less than the Benchmark Price of the of the Veolia Environnement share on the
date of the relevant statement and the
Veolia Environnement share. Benchmark Price.
At maturity, the possible increase will be the difference between (i) the “Final Price” of the Veolia (4) It is anticipated that the
Environnement share and (ii) the “Benchmark Price” (4)
of the Veolia Environnement share. Reference Price will be determined on
The “Final Price” is equal to the average of the 1206 daily statements (3) of the Veolia Environnement 31/07/2024 and correspond to the
share price observed from 13/09/2024 (inclusive) to 01/06/2029 (inclusive). The Final Price may not average of the closing prices of the Veolia
be less than the Benchmark Price of the Veolia Environnement share. To achieve this objective, the Environnement share observed during
Product has entered into a swap agreement with the counterparty Crédit Agricole Corporate and the twenty (20) trading days preceding
this date.
Investment Bank (“CACIB”).
Schedule:
This Product is created as part of the SEQUOIA 2024 Offer as defined in the employee mutual fund's regulations:
■ Reservation period: from 3 June to 21 June 2024 inclusive.
■ Period for determining the subscription price: The subscription price is due to be defined on 31 July 2024. It will be equal to the average of the
closing prices of the Veolia Environnement share observed during the twenty (20) trading days preceding this date, less a 15% discount and
rounded to the higher euro cent.
■ Date of communication of the subscription price: 1 August 2024, by displaying at the premises of the companies participating in the Group
Savings Plan (PEG) or International Group Savings Plan (PEGI), on the dedicated website www.sequoia.veolia.com as indicated in the
communication brochure.
■ Subscription/withdrawal period: from 1 August to 6 August 2024 inclusive.
■ Date of completion of the Transaction: 13 September 2024.
The “SEQUOIA RELAIS 2024” employee mutual fund will serve as a receiving fund for payments made under the Sequoia 2024 Offer. Amounts
intended to be invested in the “PLUS 2024” sub-fund of the “SEQUOIA PLUS” employee mutual fund will be transferred automatically after the
subscription/withdrawal period and before the completion of the Transaction.
The Product capitalises its net income. Investors may request redemption of their units on a daily basis. Redemption requests are
executed monthly in accordance with the conditions set out in the employee mutual fund’s regulations.
Target retail investors
This Product is open to employees and other beneficiaries defined as part of their company's savings plan(s). It is intended for investors who wish
to invest indirectly in shares of their company by participating in the Transaction. It is intended for employees and other beneficiaries who can
afford to lock in their capital for a recommended period of at least 4 years, 8 months and 18 days (until the maturity date).
Additional information Further information on the sub-fund, including the regulations, annual report, periodic documents of the employee
mutual fund and its net asset value, may be obtained from your Company, and on your Investor's Area at www.interepargne.natixis.com or from
Natixis Investment Managers International - 43 avenue Pierre Mendès France - 75648 Paris Cedex 13.
Name of the Custodian: CACEIS Bank
Unit account custodian: NATIXIS INTEREPARGNE
Legal form: Group individualised employee mutual fund
What are the risks and what could you gain in return?
Risk indicator
The risk indicator assumes that you will hold this Product until
the maturity date, i.e. for 4 years, 8 months and 18 days. This
Product benefits from a capital guarantee as well as a guaranteed
minimum return.
Lowest risk Highest risk
The synthetic risk indicator allows you to assess the level of risk of this Product compared with others. It indicates the likelihood of this Product
incurring losses in the event of market movements or our inability to pay you.
We have classified this product as a 1 out of 7 risk class, which is the lowest risk class. This means that the potential losses from future
performance are very low, and if market conditions deteriorate, it is very unlikely that our ability to pay you will be affected.
Other significant risks of the Product not taken into account in the calculation of the SRI: liquidity risk, counterparty risk, operational risks, and
sustainability risk.
Benefits of the formula for Unitholders Disadvantages of the formula for Unitholders
Performance scenarios The figures shown include all costs of the Product itself, but do not include the costs you may have to pay to your
adviser or distributor. These figures do not take into account your personal tax situation, which may also affect the amounts you receive.
What you get from this Product depends on future market performance.
Future market performance is random and cannot be accurately predicted.
The unfavourable, moderate and favourable scenarios presented are examples using the best and worst performance, as well as
the median performance of the Veolia Environnement share, underlying the Product, over the last 5 years. Markets could move
very differently in the future. The stress scenario shows what you could get in extreme market situations.
Recommended vesting period: 4 years, 8 months and 18 days
If you exit after one year If you exit at maturity
Examples are based on an investment of: EUR 10,000*
Scenarios
This Product benefits from a capital guarantee as well as a guaranteed
Minimum EUR 10,383.19 EUR 12,032.35
minimum return of 4% per annum capitalised.
What you could get after deducting costs EUR 10,383.19 EUR 12,032.35
Stress
Average annual return +4.00% +4.00%
What you could get after deducting costs EUR 10,383.19 EUR 12,032.35
Unfavourable
Average annual return +4.00% +4.00%
What you could get after deducting costs EUR 11,256.30 EUR 18,794.12
Moderate
Average annual return +13.14% +14.31%
What you could get after deducting costs EUR 11,720.59 EUR 24,966.39
Favourable
Average annual return +18.01% +21.40%
* This amount corresponds to the Initial Investment and does not take into account the leverage effect.
How long do you need to keep this Product and can you get your money back early?
Recommended vesting period: maturity of the Product
This period corresponds to the period during which you are advised to remain invested in order to obtain a potential return while minimising the
risk of losses, without taking into account the legal lock-up period of your assets. This period is linked to the asset class of your Product, its
management objective and its investment strategy.
You may request the redemption of your Product's available assets on a quarterly basis. However, if you request redemption before the end of
the recommended vesting period, in particular in the event of early release as provided for by the regulations, you may receive less than expected.
The recommended vesting period is an estimate and should not be taken as a guarantee or commitment of future performance, the return on
your Product or maintenance of its risk level. It does not take into account the legal lock-up period for your assets.
How can you make a complaint?
If you wish to make a complaint, you can send an email to ClientServicingAM@natixis.com or send a letter to Natixis Investment Managers
International at the following address: Natixis Investment Managers International - 43 avenue Pierre Mendès France - 75648 Paris Cedex 13 or
contact your account keeper.
Other relevant information
Monthly calculations of the performance scenarios of your Product and its past performance represented in the form of a graph are available via
the link: https://epargnants.interepargne.natixis.fr or in your public or personal area made available to you by your account keeper whose contact
details appear on your annual statement and/or transaction statement.
Taxation: Income reinvested and unavailable as well as your Product’s net gains realised under a savings plan are taxed in accordance with the
tax and social legislation applicable in the State of your residence. Social security contributions are liable according to the provisions of French
tax and social security regulations.
Supervisory Board: The Supervisory Board is composed of ten (10) members for all Group companies:
-five (5) unitholding employee members representing the employee and former employee unitholders of the Company, elected from among all
its employee unitholders on the basis of the number of units held by each unitholder;
-five (5) members representing the Group, appointed by the management of Group companies.
The Supervisory Board exercises all the voting rights attached to the securities recorded in the Product's assets, except in the event of a proven
lack of liquidity of the loan, and decides on the contribution of securities. For the exercise of rights, transactions take place without the presence
of the company’s representatives. The elected members appoint a member to represent the fund at general meetings of the issuing company.
The Product regulations are available from your Company or from Natixis Investment Managers International - 43 avenue Pierre Mendès France
- 75648 Paris Cedex 13 or from your account keeper.