Intermediary selection and order execution policy
Schelcher Prince Gestion has defined a best selection policy and best execution policy in the interests of its clients (best selection and best execution policy and summary of brokerage fees). This policy has been implemented within the scope of Directive 2004/39/EC of 21 April 2004 (MIFID Directive), reinforced by Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 (MIFID 2 Directive) and the deregulation of the financial markets, ending the absolute obligation for financial intermediaries to send their clients’ market orders on a regulated market.
Schelcher Prince Gestion provides a list of the main brokers and counterparties used by asset class in order to obtain the best possible execution conditions, in accordance with RTS 28 of the MiFID 2 Directive.
Consult the RTS 28 report - TOP 5 Brokers Year 2023
Intermediary selection and order execution policy
In accordance with the regulations in force, Schelcher Prince Gestion has established a conflict of interest policy with a view to ensuring the protection and primacy of its clients’ interests. Consult Schelcher Prince Gestion’s conflict of interest prevention and management policy.
By conflict of interest we mean any professional situation in which the independence or integrity of a person’s, company’s or organisation’s powers of assessment or decision may be influenced or altered by personal considerations or by pressure from a third party.
Voting Policy
Although the investment strategies implemented mainly concern debt securities and convertible bonds, Schelcher Prince Gestion has prepared a voting policy setting out the rules it intends to apply in terms of the conditions governing its participation in and vote at general shareholders’ meetings of companies held in its portfolio.
In accordance with its voting policy, Schelcher Prince Gestion did not exercise the voting rights attached to securities held in 2018.
Compensation Policy
Click on the link to read Schelcher Prince Gestion’s compensation policy
Swing Pricing
In order to protect the long-term interests of its unitholders, Schelcher Prince Gestion has chosen to implement a swing pricing mechanism in accordance with the AFG charter.
The implementation of swing pricing only concerns the funds for which such a mechanism would be advantageous. To obtain this information unitholders may notably consult the prospectus.
ESG criteria and our investment philosophy
The integration of ESG criteria by Schelcher Prince Gestion is covered in this memorandum.
The Schelcher Prince Convertibles ISR Europe investment strategy fully integrates SRI criteria: Schelcher Prince Convertibles ISR Europe Code of Transparency
Complaints
Concerned about the quality of the services provided, SCHELCHER PRINCE GESTION has set up a system for monitoring and handling complaints. The company undertakes to acknowledge receipt of the request within 10 working days and to provide a clear and comprehensive response within a maximum of 2 months.
Relevant mediators:
For your financial savings: M. Le Médiateur - Autorité des Marchés Financiers - 17, place de la Bourse - 75082 Paris Cedex 02, or on the AMF website.
You can submit any dispute falling within his remit, as specified on the AMF website, to him free of charge, preferably using the online form.
What is a complaint?
A complaint is a statement recording a client’s dissatisfaction with respect to Schelcher Prince Gestion.
A request for service, information, clarification or advice is not a complaint.