Depository and distributors

Depository of mutual funds managed by Tatra Asset Management, správ. spol., a.s. is Tatra banka, a.s, Hodžovo námestie 3, 811 06 Bratislava 1. The depositary is a joint-stock company.

The main role of the depositary is to supervise compliance with the rules set out in the Act on Collective Investment (No. 203/2011 Coll.) And the mutual fund statute. The assets in the mutual fund are entrusted to the depositary, who thus obtains a complete overview of all transactions with the assets in the mutual fund. The depositary is the guarantor of the management company's compliance with the rights of investors arising from the Act on Collective Investment and the mutual fund statute, while it is responsible for controlling the issuance and payment of unit certificates, controlling the valuation of mutual fund assets and the resulting calculation of the unit value for controlling the use of income from assets in the mutual fund and for controlling the management of assets in the mutual fund.

The Depository also maintains a register of the issuer, accounts of owners of book-entry units, a register of liens and a register of security transfers of rights to book-entry units as part of a separate register of book-entry units pursuant to the Collective Investment Act.

The main object of the depositary's activity as a bank is to accept deposits and provide loans, and it may also perform other banking activities under the Banking Act (No. 483/2001 Coll.), As well as provide investment services, investment activities and ancillary services under the Securities Act, and investment services (No. 566/2001 Coll.), including ancillary services consisting in the safekeeping and administration of financial instruments on behalf of the client, including holders' administration and related services, in particular cash and financial collateral management, and also to act as a depository under the Collective Investment Act.

As part of the performance of depository custody activities, the depositary shall perform in particular:

• custody of paper securities,
• management of securities holdings,

within which it also provides:

• receipt and delivery of securities,
• payment of dividends from securities,
• payment of coupons on securities,
• payment of principal securities,
• corporate action processing,
• voting at general meetings.

The Depositary has entrusted the performance of depository custody activities in relation to selected book-entry securities issued abroad to Raiffeisen Bank International AG, Am Stadtpark 9, A-1030, Vienna, Austria and Raiffeisenbank, as, Hvězdova 1716 / 2b, 140 78 Prague 4, Czech Republic. Republic (hereinafter referred to as the "Custodian"). In connection with this activity, the Custodian, in relation to selected book-entry securities issued abroad, performs in particular:

• securities management,

within which it also provides:

• receipt and delivery of securities,
• payment of dividends from securities,
• payment of coupons on securities,
• payment of principal securities,
• corporate action processing,
• voting at general meetings.

Raiffeisen Bank International AG, Am Stadtpark 9, A-1030, Vienna, Austria, has entrusted the performance of depositary custody activities in relation to selected book-entry securities issued abroad to other persons (hereinafter referred to as the "Subcustodian"). 80a (3) of the Collective Investment Scheme entrusted to a Subcustodian can be found in the list of Subcustodians.

Conflicts of interest may arise in certain circumstances in the performance of depositary tasks and in entrusting depositary custody to Custodian or Subcustodian, as both the depositary, Custodian and Subcustodian are entities operating in several areas of the financial market. Conflicts of interest may arise between the depositary's, Custodian's, Subcustodian's own interests, their parent or subsidiary companies, cooperating business partners or employees and the interests of the management company or its clients. In this context, effective measures are in place to prevent conflicts of interest and, in the event of their occurrence, measures to manage them.

Such measures include, for example:

• an independent system of internal control mechanisms,
• system of continuous training of employees,
• the appointment of persons responsible for the performance of the compliance function, the risk management function and the internal audit function.

At the same time, the Depositary has adopted and implemented effective organizational and personnel measures to control the flow of information in connection with the protection of the interests of its clients, which is also the Management Company, and to prevent unauthorized access to client information.

In some cases, these measures to avoid conflicts of interest may not be sufficient. In such cases, the depositary shall take additional adequate measures to eliminate any consequences of the conflict.

The above information is available to investors on request.

Current list of distributors with whom Tatra Asset Management reports. spol., a.s. cooperates with:
Tatra banka, a.s.
Hodžovo námestie 3, 811 06 Bratislava 1

 

Disclaimer
This is a marketing notice. Before you make any investment decision, see the statute, sales prospectus and key information document of the mutual fund, which are available at Tatra banka, a.s. branches and at www.tam.sk in the Slovak language. Investing in a mutual fund is also associated with risk, and past returns are not a guarantee of future returns.