Common use of The UCITS Clause in Contracts

The UCITS. The Plenum CAT Bond Fund (hereinafter: UCITS) was established on DATE as an Undertaking for Collective Investment in Securities (UCITS) according to the laws of the Principality of Liechtenstein. The UCITS is subject to the law of June 28, 2011 regarding certain Undertakings for Collective Investment in Securities (UCITSG). The UCITS has the legal form of a collective trusteeship. A collective trusteeship is the entering into a trusteeship of identical content with an undetermined number of investors for the purpose of productive investment and management for the account of the investors, with the individual investors participating in this trusteeship according to their share and only personally liable up to the amount invested. The UCITS is a single fund. According to its investment policy the UCITS can invest in securities and other assets. The investment policy of the UCITS is prescribed in the investment objectives. The net assets of the UCITS or the share class and the net asset values of the shares of the UCITS or the share classes are expressed in the reference currency. The respective rights and obligations of the owners of the shares (hereinafter referred to as “Investors”) and the management company and the custodian shall be governed by this Trust Agreement. With the acquisition of shares ('shares') of the UCITS every investor recognises the Trust Agreement, which sets out the contractual relations between investors, the management company and the custodian, as well as the properly implemented changes to this.

The UCITS. The Plenum CAT CoCo Alpha Bond Fund (hereinafter: UCITS) was established on DATE 3rd July 2014 as an Undertaking for Collective Investment in Securities (UCITS) according to the laws of the Principality of Liechtenstein. The UCITS is subject to the law of June 28, 2011 regarding certain Undertakings for Collective Investment in Securities (UCITSG). The UCITS has the legal form of a collective trusteeship. A collective trusteeship is the entering into a trusteeship of identical content with an undetermined number of investors for the purpose of productive investment and management for the account of the investors, with the individual investors participating in this trusteeship according to their share and only personally liable up to the amount invested. The UCITS is a single fund. According to its investment policy the UCITS can invest in securities and other assets. The investment policy of the UCITS is prescribed in the investment objectives. The net assets of the UCITS or the share class and the net asset values of the shares of the UCITS or the share classes are expressed in the reference currency. The respective rights and obligations of the owners of the shares (hereinafter referred to as “Investors”) and the management company and the custodian shall be governed by this Trust Agreement. With the acquisition of shares ('shares') of the UCITS every investor recognises the Trust Agreement, which sets out the contractual relations between investors, the management company and the custodian, as well as the properly implemented changes to this.

The UCITS. The Plenum CAT Bond Insurance Capital Fund (hereinafter: UCITS) was established on DATE 21 April 2020 as an Undertaking for Collective Investment in Securities (UCITS) according to the laws of the Principality of Liechtenstein. The UCITS is subject to the law of June 28, 2011 regarding certain Undertakings for Collective Investment in Securities (UCITSG). The UCITS has the legal form of a collective trusteeship. A collective trusteeship is the entering into a trusteeship of identical content with an undetermined number of investors for the purpose of productive investment and management for the account of the investors, with the individual investors participating in this trusteeship according to their share and only personally liable up to the amount invested. The UCITS is a single fund. According to its investment policy the UCITS can invest in securities and other assets. The investment policy of the UCITS is prescribed in the investment objectives. The net assets of the UCITS or the share class and the net asset values of the shares of the UCITS or the share classes are expressed in the reference currency. The respective rights and obligations of the owners of the shares (hereinafter referred to as “Investors”) and the management company and the custodian shall be governed by this Trust Agreement. With the acquisition of shares ('shares') of the UCITS every investor recognises the Trust Agreement, which sets out the contractual relations between investors, the management company and the custodian, as well as the properly implemented changes to this.