Glossary

Or exit fee, is collected at the time of resale, by an investor of his shares in the mutual funds or in the ICVC. It is deducted from the net asset value used for the redemption, the result of this subtraction being the resale price of the securities sold by the investor.

A numerical scale, graduated from 1, for the lowest risk, to 7 for the highest risk, being specified that the lowest risk category (level 1) does not mean "without risk".