# Swisscanto (LU)
## General Information

### Investment fund under Luxembourg “Umbrella Structure” Law
Swisscanto (LU) is subject to the legal provisions set forth in the first part of Luxembourg law regarding undertakings for collective investment of 17 December 2010.
The contractual conditions of the investment fund were established by the management company on 5 December 2006.
The current versions of the management company’s articles of association and the contractual conditions and their amendments have been deposited at the Registry of the District Court of Luxembourg.
The contractual conditions, the detailed sales prospectus, the key investor information, and the annual and semiannual reports may be obtained directly and free of charge in printed form from Swisscanto Fondsleitung AG, the head office of the management company, the custodian bank and the representative in Switzerland, from the German payment and information agent, from any branch of the Cantonal Banks and any payment and sales office. The information i also available on the Swisscanto website (www.swisscanto.com), where additional current information on the fund is available.
Subscriptions to fund units solely on the basis of the annual and semi-annual reports are not accepted. Subscriptions shall only be made after consulting the current sales prospectus and the most recent annual report, as well as, where available, any subsequent semi-annual report.

### Sales restrictions
Units in the fund may not be offered, sold or delivered within the US or to persons considered US persons within the meaning of Regulation S of the US Securities Act of 1933 or in accordance with the US Commodity Exchange Act, as amended.

### Guidelines of the Swiss Funds and Asset Management Association (SFAMA) on duties regarding the charging and use of fees and costs (22 May 2014)
Compensation for the marketing of the investment fund is paid out of the flat-rate administrative commission. The fund management also intends to offer remuneration to institutional investors holding fund units for third parties from the flat-rate administrative commission.

### Risk management process
The management company applies a risk management process to the fund and each subfund that complies with the UCI law and other applicable regulations, in particular CSSF circulars 11/512 and 13/559, CSSF regulation 10-4 and CESR guidelines 10-788. As part of the risk management process, the total risk for each subfund is measured and checked using the so-called commitment approach, with the exception of Swisscanto (LU) Commodity Fund ex- Agriculture & Livestock and Swisscanto (LU) Alternative Risk Premia Fund.
In the commitment approach, positions in derivative financial instruments are converted into equivalent positions in the underlying assets.
For the subfund Swisscanto (LU) Commodity Fund ex-Agriculture & Livestock, the total risk is measured and checked using the relative value at risk (hereinafter "relative VaR") method. This risk measure must not exceed twice the value of the subfund's reference portfolio.
In addition to relative and absolute VaR, leverage is calculated on the basis of the sum of the notional values of the derivative financial instruments (absolute notional value of the underlying assets of the derivative positions divided by the net asset value of the portfolio).

Translation (ENFR, 2021-03-31):
# Swisscanto (LU)
## Table des matières

### Page
* Voir note 12