Notice to Unitholders of Gamax Funds FCP

Prospectus of Gamax Funds FCP

“Mediolanum International Funds Limited, the appointed management company (the “Management Company”) to the GAMAX FUNDS FCP (the “Fund”), wishes to notify the unitholders of the Fund that, on 18 October 2023, the following non-material administrative changes to the prospectus of the Fund (the “Prospectus”) have entered into force:

1.     Update on the members of the Board of Directors of the Management Company, more specifically: the replacement of Mr. Gianmarco Gessi from Banca Mediolanum S.p.A with Mr. Edoardo Fontana Rava from Banca Mediolanum S.p.A, the replacement of John Corrigan with Carin Bryans as an Independent Director of the Management Company and the removal of Paul O’Faherty as an Independent director of the Management Company

2.     Update of the Prospectus’ wording regarding the PRIIPs risk disclaimer in light of the transition from UCITS KIID to PRIIPs KID, in accordance with Regulation (EU) 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs), as amended, and the Commission Delegated Regulation (EU) 2017/653 of 8 March 2017 supplementing Regulation (EU) No 1286/2014, as amended (collectively referred to as the “PRIIPs Regulation”), according to which a key information document (“KID”) shall be published for each share class made available to retail investors in the European Economic Area;

3.     Insertion of additional wording to section “6.24. Integration of Sustainability Risks” of the Prospectus, in consideration of Article 6.1. of the Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 (the “SFDR Delegated Regulation”) supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of ‘do no significant harm’, specifying the content, methodologies and presentation of information in relation to sustainability indicators and adverse sustainability impacts, and the content and presentation of the information in relation to the promotion of environmental or social characteristics and sustainable investment objectives in pre-contractual documents, on websites and in periodic reports (the “SFDR”), in order to define the sustainability factors and the sustainability risks, and outline their possible impact on the value of the assets of the Fund. and

4.     Minor changes implemented for consistency purposes throughout the Prospectus.

The changes are clarifications to existing risk disclosures and are not material changes to the Prospectus.

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