# Subscriptions
## Initial subscription period
The initial subscription period ended around September 17, 2020. During that period, Shares were offered at the price indicated in the table below. Payments for subscriptions made during the day of initial offering must be received on that day by the Central Administration.
| Category of Classes | Initial subscription price (according to Reference Currency of the Class) |
| --- | --- |
| Class A1 | EUR 100, USD 100, SGD 100, GBP 100 and CHF 100 |
| Class A2 | EUR 100, USD 100, SGD 100, GBP 100 and CHF 100 |
| Class F | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |
| Class H1 | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |
| Class H2 | EUR 100, USD 100, SGD 100, GBP 100 and CHF 100 |
| Class H3 | EUR 100, USD 100, SGD 100, GBP 100 and CHF 100 |
| Class I | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |
| Class I2 | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |
| Class R | EUR 100, USD 100, SGD 100, GBP 100 and CHF 100 |
| Class X | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |
| Class Z | EUR 1,000, USD 1,000, SGD 1,000, GBP 1,000 and CHF 1,000 |


## Subsequent subscriptions
Subject to the discretion of the Board of Directors to determine otherwise, subscription applications should be received in proper form by the Central Administration Agent by 12:00 p.m. (Luxembourg time) on the relevant Valuation Day on which the investor is seeking to be issued Shares. Subscription applications must mention the number of Shares or the cash amount being purchased.
The KIID for the relevant Share Class for which a subscription application is being made must be read prior to subscription.
Subject to the discretion of the Board of Directors to determine otherwise, subscription applications received and approved, or deemed to be received and approved, by the Central Administration Agent after 12:00 p.m. (Luxembourg time) on the relevant Valuation Day will be deemed to have been received for the next Valuation Day.
The Central Administration Agent will normally send a contract note confirming subscription by facsimile, email or post to the applicant as soon as reasonably practicable and normally within three Business Days following the relevant Valuation Day.
The Board of Directors may, in its sole discretion, decide that applications for subscriptions of two or more affiliated entities of the same group and/or different individuals of the same family will be treated as one single application for subscription.
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Translation (ENFR, 2021-12-01):
# Souscriptions
Sans préjudice de la faculté du Conseil d’administration d’en décider autrement, les demandes de souscription doivent être reçues en bonne et due forme par l’Agent administratif central à midi (heure de Luxembourg) le Jour d’évaluation auquel l’investisseur souhaite que les Actions soient émises. Les demandes de souscription doivent indiquer le nombre d’Actions acquises ou leur montant.
Il est recommandé de lire au préalable le DICI de la Catégorie d’Actions faisant l’objet de la demande de souscription.
Sans préjudice de la faculté du Conseil d’administration d’en décider autrement, les demandes de souscription reçues et approuvées par l’Agent administratif central après midi (heure de Luxembourg) le Jour d’évaluation concerné sont considérées comme reçues le Jour d’évaluation suivant.
L’Agent administratif central enverra au souscripteur un avis d’opéré par télécopie, e-mail ou courrier postal confirmant la souscription dès que possible et en principe dans les trois Jours ouvrables suivant le Jour d’évaluation concerné.
Le Conseil d’administration peut décider, à son entière discrétion, que les demandes de souscription émanant de plusieurs entités affiliées du même groupe et/ou de plusieurs personnes de la même famille soient traitées comme une seule demande de souscription.
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