In addition to the taxation section set out in the Prospectus of Hermes Investment Funds public limited company, the attention of persons resident in France for taxation purposes is drawn to the supplementary information below. For investors resident in other jurisdictions, please select your country of residence from the dropdown list found at the top of the page.
The following sub-funds are eligible to be held within the framework of a French share savings plan ("plan d’épargne en actions" or "PEA"):
- Hermes Europe ex-UK Equity Fund; and
- Hermes European Alpha Equity Fund.
In this context, Hermes Investment Management Limited as Investment Manager of the sub-funds undertakes, pursuant to Article 91 quarter L of Annex II to the French General Tax Code, that the relevant sub-funds noted above will invest, on a permanent basis, at least 75% of its assets in securities or rights listed in (a) and (b) of I, 1° of Article L.221-31 of the French Financial and Monetary Code.
The PEA eligibility of the relevant sub-funds results from, to the best knowledge of the Investment Manager, tax law and practices currently in force in France. Such tax law and practices may change from time to time and, therefore, the sub-funds which may currently be held within the framework of a PEA, could lose their PEA eligibility. Moreover, the sub-funds could lose their PEA eligibility due to any significant changes to the stated investment objectives and policies of the sub-funds. In such circumstances, investors will be informed by the publication of a notice on this webpage and investors should seek suitable professional tax and financial advice accordingly.