Fund: Idinvest Patrimoine 2017

The FCPI Eurazeo Patrimoine 2017 is aimed at investors wishing to diversify their assets by investing over the long term in unlisted innovative companies, mainly located in France, and to benefit, under certain conditions, from an income tax reduction in 2017 and a tax exemption on the sums distributed by the Fund and any capital gains realised on the redemption or sale of Fund units.

Idinvest Expansion 2017 will focus on acquiring stakes, mainly minority stakes, in European SMEs with strong sales growth prospects. The decision to invest will be taken after a thorough analysis of the company's market, its positioning in that market, the quality of its management and its ability to lead the development of the business.

Eurazeo has pre-selected, on behalf of Idinvest Expansion 2017, a number of investment opportunities in companies corresponding to the required investment volume. Idinvest Expansion 2017 plans to invest in a portfolio of between 3 and 20 companies. The number of investments will depend in particular on the amount of subscriptions received by Idinvest Expansion 2017. If this amount is less than €3 million, Idinvest Expansion 2017 will abandon the operation. In order to diversify the risk, Idinvest Expansion 2017 may not invest more than 40% of the subscriptions in any one company. Particular attention has been paid to diversifying the portfolio across investment sectors that reflect our investment expertise.

Investing in this type of company involves risks, particularly of illiquidity of assets and loss of capital. It is essential that investors familiarise themselves with these risks in the Fund Regulations and the Fund Information Document. The Fund is not a capital-guaranteed fund. It is therefore possible that the capital initially invested may not be returned in full. The Fund's performance will largely depend on the innovative companies in which the portfolio is invested. The performance of these companies may be affected by unfavourable factors and, as a result, the net asset value of the Fund may fall. Past performance is no guarantee of future performance.