Update to Minimum Investment Amount

Last year Luxembourg modernised its investment fund laws, updating certain elements of the Luxembourg investment fund toolbox in order to increase the competitiveness of the Luxembourg financial centre by easing access to products for non-professional investors.

Due to these recent legislative changes in Luxembourg, the definition of what constitutes a “Well-Informed Investor” has been updated and the minimum investment threshold has been reduced from €125,000 to €100,000.

It has therefore been agreed to lower the minimum investment into (for all non-Aviva investors) OPEN from €125k to €100k in line with these changes.