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21 Jul 2017

Prospectus Modification

Dear shareholder,

We are sending you this letter to inform you that Lyxor International Asset Management, in its capacity as the management company of the aforementioned funds, has decided to amend the prospectuses of these funds to indicate in the table of fees and charges for these funds the maximum amount of the expenses associated with the temporary acquisition and disposal of securities, i.e. securities financing transactions.