TERMS OF SUBSCRIPTION AND REDEMPTION
The subscription price is equal to the Net Asset Value. The redemption of units is possible at any time throughout the life of the Fund. However, for any purchase made before the expiry of three years, the price will be reduced by exit fees:
- 3% of net asset value and that, in case of an exit in a period not exceeding one (1) year from the date of subscription.
- 2% of Net Asset Value in case of an exit in a period between one (1) and two (2) years from the date of subscription.
- 1% of Net Asset Value in case of an exit in a period between two (2) and three (3) years from the date of subscription.
- No exit fee if the holding period is more than three (3) years.
Applications for subscription and redemption are made exclusively with TUNISIE VALEURS through its branch network.