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Screenshot of a breaking news alert e-mail from Q2 2017
The Autorité des marchés financiers (AMF) is warning French investors about VIAGEFI 6 LIMITED. This English alternative investment fund (AIF) is not authorised for sale in France.
VIAGEFI 6 LIMITED has been offered to French investors, in many cases via financial investment advisers (FIA).
However, this fund, which is an AIF (alternative investment fund) authorised by the UK’s FCA as a “Small Internally Managed AIF”, is not authorised for sale in France.
VIAGEFI 6 LIMITED does not currently meet the conditions for a European passport. It cannot be marketed to professional or non-professional investors in France.
The AMF reminds investors and individuals responsible for marketing investment products to follow these safety guidelines before making any investment:
- no advertising materials should make you overlook the fact that high returns always involve high risk;
- learn as much as you can about the company or intermediary trying to sell you a product (authorisation/certification, company history, location of head offices, etc.);
- only invest in a product you understand;
- ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product invests in an asset class with low liquidity.