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Announcement: FMA imposes sanction against MASTERINVEST Kapitalanlage GmbH for breaches against the Investment Fund Act of 2011 (InvFG 2011)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 5,600.00 by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz) against MASTERINVEST Kapitalanlage GmbH as legal entity for breaches against Article 74 para. 1 (breaching the limit set for the investment limit in relation to a jointly owned fund) and Article 80 para. 1 (breaching the limit set for the granting of a loan in relation to a jointly owned fund) of the Investment Funds Act of 2011 (InvFG 2011).

The penal order is final.