Regulatory notices

Investment policy and ESG criteria

CONSOLIDATION ET DEVELOPPEMENT GESTION publishes information on its website about the ways in which it takes account in its investment policy of criteria relating to environmental, social and governance (ESG) issues.

Policy for managing conflicts of interest

The policy for managing conflicts of interest describes the mechanism in place to ensure that potential conflicts of interest are detected and prevented from materialising if possible, and, if they cannot be averted, that the clients concerned are informed. A conflict of interest is understood to mean any situation in which the interests of CONSOLIDATION ET DEVELOPPEMENT GESTION and/or its employees and/or its clients are directly or indirectly opposed to one another.

In accordance with the laws and regulations in force, CONSOLIDATION ET DEVELOPPEMENT GESTION has put in place a policy and a risk mapping system aimed at identifying situations of conflict of interest that might arise in the context of its activities and at ensuring that they are managed so as to ensure the primacy of its clients’ interests.

The policy for managing conflicts of interest is available to investors upon request. 

Please contact : compliance@fonds-fcde.fr

Complaints

This information is provided in accordance with the General Regulations of the AMF (French Financial Markets Authority). It is designed to inform clients of CONSOLIDATION ET DEVELOPPEMENT GESTION about the procedure for dealing with complaints. It concerns only clients’ expressions of dissatisfaction with CONSOLIDATION ET DEVELOPPEMENT GESTION, not requests for information, opinions, clarification, service or performance.

Any complaints should be sent to:

compliance@fonds-fcde.fr

Time frames for dealing with complaints:

An acknowledgement of receipt will be sent to you within ten business days by any means, and a response will be provided not later than two months from the date of receipt of your complaint except in the case of particular circumstances arising and duly documented.

AMF Ombudsman:

If you are not satisfied with the response given to your complaint, you can contact the AMF Ombudsman and mediation team at the following address:

By post:

Autorité des Marchés Financiers
Médiateur de l'AMF
17 Place de la Bourse

75002 Paris (France)

By internet:

All information needed for requesting a mediation is available on the website of the French AMF : 

https://www.amf-france.org/en/amf-ombudsman

Mediation is a public service provided free of charge in accordance with law.

Mandatory Information Regarding the Deposit Guarantee and Resolution Fund (FGDR)

As a portfolio management company regulated by the Autorité des marchés financiers (“AMF”), CONSOLIDATION ET DEVELOPPEMENT GESTION is a member of the Deposit Guarantee and Resolution Fund, hereinafter the “FGDR”.

The FGDR provides coverage in the event that the management company is unable to reimburse or return the financial instruments and related cash that it holds on behalf of its clients (for example, in the event of bankruptcy or fraud). This mechanism does not in any way guarantee the value of the assets held nor losses resulting from market fluctuations.

This guarantee is available to both professional and non-professional investors, with the exception of those referred to in Article L. 312-4-1 of the French Monetary and Financial Code (including, in particular, financial institutions, payment or electronic money institutions, insurance companies, specialised financial organisations and public entities).

Activation of the management services guarantee mechanism with the FGDR is carried out by the AMF. Compensation of eligible clients takes place within two months from the date on which the FGDR has established the eligibility and the amount of the claim. The coverage amount under the management services guarantee is EUR 20,000 per eligible client, for all assets held in total.

For full details on the scope of the guarantee and eligibility conditions, we invite you to contact the management company.

Any change to the guarantee mechanism will result in an update of this information.