CHALLENGE FUNDS
(the “Fund”)
(UCITS authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended)
NOTICE TO UNITHOLDERS
Mediolanum International Funds Limited (the “Manager”), manager of CHALLENGE Funds (the “Fund”), wishes to notify Unitholders of the sub-funds listed below (together the “Sub-Funds”) of changes to the name of each of the Sub-Funds (including change of name of related Classes) with effect from on or about 9th of May 2025 (the “Effective Date”).
Existing Name of Sub-Fund | New Name of Sub-Fund |
CHALLENGE Energy Equity Evolution | CHALLENGE Energy Opportunities |
CHALLENGE Industrials and Materials Equity Evolution | CHALLENGE Industrials and Materials Opportunities |
CHALLENGE Healthcare Equity Evolution | CHALLENGE Healthcare Opportunities |
CHALLENGE Financial Equity Evolution | CHALLENGE Financial Opportunities |
CHALLENGE Technology Equity Evolution | CHALLENGE Technology Opportunities |
The above name changes are as a result of ESMA’s guidelines on funds’ names using ESG or sustainability-related terms.
The Sub-Fund Information Card (to include relevant Annexes thereto), the L Classes Information Card and the S Classes Information Card to the Prospectus will be updated to reflect the above name changes on or about the Effective Date, a copy of which will be available at https://www.mifl.ie/products/challenge-funds.
Mediolanum International Funds Limited
9th of April 2025