المادة 18: Reporting to Unitholders

Eighteenth :Reporting to Unitholders

The Private Financing Fund Manager shall include, as additional information in its annual report referred to in paragraph (a) of Article 95 of the Investment Funds Regulations, the following:

1. The ratio of lending by the Fund to the total assets value of its assets.

2. The dual unit price of the Fund.

3. The ratio of beneficiaries in default for 90 days or more and 180 days or more of the total financing granted through the Fund, if any.

4. The actual ratio of asset-backed loans to the total financing granted through the Fund. PUBLICATION AND ENTRY INTO FORCE