Hanetf ICAV (An Umbrella Fund with Segregated Liability Between Sub
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HANetf ICAV (An umbrella fund with segregated liability between sub-funds) An open-ended Irish collective asset management vehicle which is constituted as an umbrella fund with segregated liability between sub-funds and with variable capital The ICAV was registered under the laws of Ireland with registered number C178625 PROSPECTUS This Prospectus is dated 3 July 2020 The Directors of HANetf ICAV whose names appear in the section entitled Directors of the ICAV of the Prospectus below accept responsibility for the information contained in this Prospectus and each relevant Supplement. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure such is the case), the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of such information. The Directors accept responsibility accordingly. Neither the admission of the Shares of a Sub-Fund to the official list and trading on the regulated market of Euronext Dublin nor the approval of the Prospectus pursuant to the listing requirements of the Euronext Dublin shall constitute a warranty or representation by the Euronext Dublin as to the competence of service providers to or any other party connected with the ICAV, the adequacy of information contained in the listing particulars or the suitability of a Sub-Fund for investment purposes. TABLE OF CONTENTS 1 Directory .............................................................................................................................................................. 1 2 Definitions ........................................................................................................................................................... 2 3 Introduction ....................................................................................................................................................... 11 4 Directors of the ICAV ........................................................................................................................................ 14 5 The ICAV ........................................................................................................................................................... 16 6 The Manager ..................................................................................................................................................... 16 7 Investment and sub-investment managers ....................................................................................................... 17 8 The marketing agent ......................................................................................................................................... 17 9 Depositary ......................................................................................................................................................... 17 10 Administrator ..................................................................................................................................................... 18 11 Registrar ............................................................................................................................................................ 18 12 Securities Lending Agent .................................................................................................................................. 19 13 Paying agents and correspondent banks .......................................................................................................... 19 14 Sub-funds .......................................................................................................................................................... 19 15 Use of FDI and efficient portfolio management ................................................................................................. 28 16 Risk factors ....................................................................................................................................................... 37 17 Portfolio transactions and conflicts of interest ................................................................................................... 59 18 Share Dealing – ETF Sub-Funds and ETF Classes ......................................................................................... 60 19 Share Dealing – Non ETF Sub-Funds and Non-ETF Classes .......................................................................... 68 20 Intra-day portfolio (INAV) .................................................................................................................................. 72 21 Mandatory Redemptions ................................................................................................................................... 73 22 Anti-money laundering provisions ..................................................................................................................... 74 23 Data Protection ................................................................................................................................................. 74 24 Exchange of shares .......................................................................................................................................... 76 25 Limitations on exchanges .................................................................................................................................. 77 26 Cross investment .............................................................................................................................................. 77 27 Calculation of net asset value / valuation of assets .......................................................................................... 78 28 Suspension of calculation of net asset value .................................................................................................... 80 29 Transfer of shares ............................................................................................................................................. 81 30 Share classes .................................................................................................................................................... 82 31 Notification of prices .......................................................................................................................................... 82 32 Communications with shareholders .................................................................................................................. 82 33 Management charges and expenses ................................................................................................................ 82 34 General charges and expenses ........................................................................................................................ 84 35 Soft commissions and Research Charge .......................................................................................................... 84 36 EU Benchmark Regulation ................................................................................................................................ 85 M-39115478-50 37 Taxation ............................................................................................................................................................ 86 38 United Kingdom taxation ................................................................................................................................... 90 39 Additional information for german tax purposes ................................................................................................ 94 40 Other Jurisdictions ............................................................................................................................................ 95 41 General information ........................................................................................................................................... 96 42 Material contracts ............................................................................................................................................ 101 43 Miscellaneous ................................................................................................................................................. 102 M-39115478-50 1 DIRECTORY ICAV MANAGER HANetf ICAV HANetf Management Limited 25/28 North Wall Quay 25/28 North Wall Quay Dublin 1 Dublin 1 Ireland Ireland DEPOSITARY DIRECTORS The Bank of New York Mellon SA/NV, Dublin Branch Brian Healy 4th Floor Hanover Building Nicholas Bienkowski Windmill Lane Samir Patel Dublin 2 Neil Clifford Ireland ADMINISTRATOR BNY Mellon Fund Services (Ireland) Designated MARKETING AGENT Activity Company HANetf Limited One Dockland Central City Tower Guild Street 40 Basinghall Street International Financial Services Centre London EC2V 5DE Dublin 1 Ireland AUDITORS REGISTRAR EY Computershare Investor Services (Ireland) Limited EY Building Heron House Harcourt Centre Corrig Road Harcourt Street Sandyford Industrial Estate Dublin 2 Dublin 18 LISTING SPONSOR LEGAL ADVISERS A&L Goodbody Listing Limited A&L Goodbody International Financial Services Centre International Financial Services Centre North Wall Quay North Wall Quay Dublin 1 Dublin 1 Ireland Ireland UK FACILITIES AGENT SECRETARY Computershare Investor Services PLC Goodbody Secretarial Limited The Pavilions International Financial Services Centre Bridgwater Road North Wall Quay Bristol BS99 6ZZ Dublin 1 United Kingdom