World Trust Prospectus Dated 17 June, 2020
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7 THIS PROSPECTUS IS AN EXTRACT OF THE PROSPECTUS OF THE TRUST DATED 17 JUNE, 2020 TOGETHER WITH THE RELEVANT ADDENDA AND SUPPLEMENTS ISSUED TO DATE. THIS PROSPECTUS IS USED FOR DISTRIBUTION IN SWITZERLAND ONLY AND IT DOES NOT CONSTITUTE A PROSPECTUS FOR THE PURPOSES OF IRISH APPLICABLE LAW. THIS PROSPECTUS REFERS TO THE OFFERING OF THE FUNDS LISTED IN THE TABLE OF CONTENTS ONLY. Putnam World Trust EXTRACT PROSPECTUS 30 | 08 | 2021 An Umbrella Unit Trust established as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (as amended) (S.I. No. 352 of 2011) The Directors of the Manager of Putnam World Trust (the “Trust”) whose names appear under the section headed “The Manager” are the persons responsible for the information contained in this document. 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. If you are in any doubt about the contents of this Prospectus you should consult your stockbroker or other financial advisor. Putnam World Trust 1 Putnam World Trust Prospectus dated 17 June, 2020 This Prospectus (hereinafter “Prospectus”) should be read in accordance with the section headed “Interpretation.” The latest published annual and half yearly reports of the Trust will be supplied to Unitholders free of charge on request and will be available to the public as further described in the section of the Prospectus headed “Reports”. Important Information Putnam World Trust is an umbrella unit trust constituted by the Trust Deed and authorised by the Central Bank of Ireland (the “Central Bank”) on 22 February, 2000 pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (as amended) (S.I. No. 352 of 2011). Authorisation of the Trust by the Central Bank does not constitute an endorsement or guarantee of the Trust by the Central Bank nor is the Central Bank responsible for the contents of the Prospectus. The authorisation of the Trust by the Central Bank shall not constitute a warranty as to the performance of the Trust and the Central Bank shall not be liable for the performance or default of the Trust. Applications may only be made solely on the basis of this Prospectus and on the terms of the Trust Deed. No person is authorised to give any information or make any representation express or implied that is not contained herein and any information or representation given or made by any dealer, agent, or other person not contained herein shall be regarded as unauthorised and accordingly cannot be relied upon. Neither the delivery of this Prospectus nor the offer, issue or sale of Units in the Trust shall under any circumstances constitute a representation that the information given in this Prospectus is correct as at any time subsequent to the date hereof. This Prospectus will be updated to take into account any material changes. The Units of the Trust have not been registered under the United States Securities Act of 1933 (as amended) (the “1933 Act”) and the Trust has not been registered under the Investment Company Act of 1940 (as amended) and, accordingly, the Units may not be offered or sold directly or indirectly in the United States or to or for the benefit of any U.S. Person unless, in the Manager’s judgement, such offer or sale is permitted under an exemption from the 1933 Act. Units may not be offered or sold directly or indirectly to or for the benefit of any U.S. Taxpayer unless such requirement is waived by the Manager in its sole discretion. The Investment Advisor may effect transactions by or through the agency of another person with whom the Investment Advisor and any entity related to the Investment Advisor has arrangements under which that party will from time to time provide or procure for the Investment Advisor or any party related to the Investment Advisor goods, services or other benefits. It is expected that there may be instances when, in the Investment Advisor’s judgment, more than one firm can offer comparable execution services for a particular transaction or generally to the Trust. In selecting among such firms, consideration will be given to those firms that supply research services to the Investment Advisor or the Trust in addition to execution services, as permitted by applicable law. It is possible that certain of the services supplied will benefit primarily one or more other accounts for which investment discretion is exercised by the Investment Advisor or its affiliates. Conversely, the Trust may be the primary beneficiary of services received as a result of portfolio transactions effected for other accounts managed by the Investment Advisor or its affiliates. Subject to applicable law, such benefits currently may include economic analysis, investment research, industry and company reviews, statistical information, market data, evaluations of investments, recommendations as to the purchase and sale of investments and performance measurement services, and may in the future include other benefits, as permitted by law. Benefits from their provision, including any improvement in overall performance, can reasonably be expected to accrue to the Trust, or to other clients of the Investment Advisor and its affiliates. For the avoidance of doubt, such services do not include travel, accommodation, entertainment, general administrative goods or services, general office equipment or premises, membership fees, employees’ salaries or direct money payments. Any such arrangements shall provide for best execution and a report thereon will be included in the Trust’s annual and half-yearly reports and any benefit under these arrangements will assist in the provision of investment services to the Trust. This Prospectus may only be issued with one or more Supplements, each containing information relating to a separate Fund. Details relating to Classes may be dealt with in the relevant Fund Supplement or in separate Supplements for each Class. Each Supplement shall form part of, and should be read in conjunction with, this Prospectus. To the extent that there is any inconsistency between this Prospectus and any Supplement, the relevant Supplement shall prevail. Investors should note that because investments in securities can be volatile and that their value may decline as well as appreciate, there can be no assurance that a Fund will be able to attain its objective. The price of Units as well as the income therefrom may go down as well as up to reflect changes in the Net Asset Value of a Fund. An investment should only be made by those persons who could sustain a loss on their investment. A contingent deferred sales charge subject to a maximum of 4% of the Net Asset Value per Unit may be imposed on certain Units as is set out herein. The difference at any one time between the issue price and the redemption price of Units means that the investment in a Fund should be viewed as medium to long term. Applicants will be required to certify that they are not U.S. Persons or U.S. Taxpayers unless waived at the discretion of the Manager. Investors should note that certain Funds included in the Prospectus are not registered for public sale in each country in which this Prospectus may be used or distributed under local law. This Prospectus does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. 2 Putnam World Trust The distribution of this Prospectus and supplementary documentation and the offering of Units may be restricted in certain countries. Investors wishing to apply for Units should inform themselves as to the requirements within their own country for transactions in Units, any applicable exchange control regulations and the tax consequences of any transaction in Units. Prospective investors should note that not all of the protections provided for under their relevant regulatory regime may apply and there may be no right to compensation under such regulatory regime, if such scheme exists. Statements made in this Prospectus are based on the law and practice in force in Ireland at the date of this Prospectus and are subject to changes in that law. The distribution of this Prospectus in certain countries may require that this Prospectus be translated into the languages specified by the regulatory authorities of those countries. Should any inconsistency arise between the translated and the English version of the Prospectus, the English version shall prevail. The Manager, its affiliates and the Transfer Agent may use telephone recording procedures to record any conversation. Unitholders are advised that, and by subscribing for Units of a Fund consent that, telephone conversations may be recorded and such tape recordings may be used by the Manager in legal proceedings or otherwise at its discretion. The Manager, will, on request, provide supplementary information to unitholders relating to the risk management methods employed including the quantitative limits that are applied and any recent developments in the risk and yield characteristics of the main categories of investments. The Risk Management Process is a living document and may change from time to time subject to the Central Bank’s approval of any material changes. Investors’ attention is drawn to the section headed “Risk Factors and Special Considerations”. Investors should note that investment in the Trust is not a complete investment programme and may not be appropriate for all investors.