KBC Equity Fund
Public Sicav under Belgian law
Havenlaan 2 - 1080 Brussels
We refer to the press release published on February 25, 2022 in connection with the suspension of the determination of the net asset value, as well as the execution of the requests for the issue and redemption of units and/or sub-fund changes from Friday, February 25, 2022 until further notice for the Emerging Europe sub-fund of KBC Equity Fund (Public SICAV under Belgian law).
We would like to inform you that the grounds for suspension have changed in the meantime. Following the substantial fall in value of Russian shares, the sub-fund's exposure to Russian shares has now dropped below 20% of the sub-fund's assets. However, given that the Russian stock market will remain closed to foreign investors until further notice, making it impossible to accurately value these assets, it has been decided, in accordance with Articles 196, 2° and 3° of the Royal Decree of 12 November 2012 on undertakings for collective investment meeting the conditions of Directive 2009/65/EC, to continue to suspend the determination of the net asset value, the execution of requests for the issue and redemption of units and/or changes to sub-funds, in the interest of investors, until further notice.
The prospectus, the key investor information document and the most recent financial reports are available free of charge at www.kbc.be/fundfinder and at the counters of the institution providing the financial service, i.e. KBC Bank NV.