Common use of Unit Classes Clause in Contracts

Unit Classes. The management company may resolve to create several unit classes within the UCITS. Pursuant to Art. 23 of the trust agreement of the UCITS, it is possible in the future to create unit classes that differ from existing unit classes with respect to the use of pro- ceeds, the issue commission, the reference currency and the deployment of currency hedging instruments, the management fee, the minimum amount to be invested, or a combination of these items. The rights of investors who purchased units assigned to ex- isting unit classes are not affected by the creation of new unit classes. The unit classes offered by the UCITS as well as the charges and reimbursements in- curred in conjunction with the units of the UCITS are indicated in Annex A “The UCITS at a glance.” Further information on the unit classes is provided in section 8.2.