Legal information



Société Anonyme Simplifiée au capital de 390 208 €

Siège social : 45 avenue George V – 75008 PARIS

Téléphone : +33 (0)1 45 61 64 90

SIRET : 397 833 773 00021 RCS PARIS

Société de gestion agréée par l’Autorité des Marchés Financiers (AMF) sous le numéro GP 95-001

Président : Monsieur Emmanuel LAUSSINOTTE



On its website, Gay-Lussac Gestio presents Gay-Lussac Gestion’s management activity as well as the characteristics of the products and services it offers. Gay-Lussac Gestion makes every effort to ensure to the best of its ability the operation and security of this site as well as the accuracy and updating of the information published on it. However, Gay-Lussac Gestion cannot guarantee the accuracy, precision or exhaustiveness of the information made available to the Internet user on the, website, nor can it guarantee that it will always function properly or be completely secure. The Internet user acknowledges that he or she uses this information under his or her exclusive responsibility.



The information contained in the website comes from documents considered reliable by Gay-Lussac Gestion.

For each product, the prospectus approved by the AMF is available on the site. It is essential to read it in order to understand the framework of the product and the conditions of its subscription. Quarterly or annual reports are available from Gay-Lussac Gestion.

In accordance with AMF requirements, Gay-Lussac Gestion’s voting policy is also available on the website.

Any person interested in investing in one of the products presented is invited to seek advice from independent legal and tax experts to verify the appropriateness of the investment in light of the objectives pursued. Before subscribing to any financial products, the Internet user must inform himself/herself about the adequacy of these products with his/her assets and liabilities, with his/her objectives in terms of risk and investment duration.

Gay-Lussac Gestion declines all responsibility:

  • For any inaccuracies or omissions relating to information available on this website,
  • For any damage resulting from a fraudulent intrusion of a third party leading to a modification of the information made available on this site,
  • For all malfunctions or damage caused by the intrusion of a virus into the customers’ computer systems when downloading data from this site,
  • And for all damages, direct or indirect prejudice, whatever the causes, origins, natures or consequences, caused on the occasion of the access of anyone to the site or the impossibility to access it, as well as the use of the site and/or the credit granted to any information coming directly or indirectly from the latter.

The information contained on this site is not contractually binding on Gay-Lussac Gestion and is intended only for persons residing in France.

The management company Gay-Lussac Gestion reserves the right to modify, when it deems appropriate, without prior notice, the content of this website.



Under the right of access are granted exclusively:

  • A right of private, personal and non-transferable use on the content of the site,
  • A right of reproduction, for storage, backup copy or printing on paper.

Any use of information, of any nature whatsoever, from this site, must mention the source.

Gay-Lussac Gestion retains all rights not expressly authorized. Users are not authorized to carry out the following operations:

  • Any representation and/or reproduction, even partial, of the contents of this site for commercial and/or distribution purposes,
  • Any use of any of the elements of this site in a network computing environment,
  • Any creation of a link allowing the presentation of a page of this site in a frame not belonging to Gay-Lussac Gestion or the insertion of an image belonging to Gay-Lussac Gestion in a page not belonging to it,
  • Any creation of a link from any page or element of the Internet or any other network to any image or page related to this site,
  • Any repeated and/or systematic extraction of elements from this site may cause any prejudice whatsoever to Gay-Lussac Gestion – in particular the elements protected by the law n° 98-536 of July 1, 1998 concerning the legal protection of databases,
  • Any disassembly, arrangement or modification of the software used in this site,
  • Any deletion or attempted deletion of copyright notices and names of persons mentioned in this site.

Failure to comply with these provisions exposes the offender to prosecution and judicial and penal sanctions.



The website has been declared to the Commission Nationale de l’Informatique et des Libertés (CNIL) pursuant to the provisions of Law No. 78-17 of January 6, 1978 relating to computers, files and freedoms.

The Internet user accepts that Gay-Lussac Gestion proceeds with the computer recording of connections and operations carried out from the These recordings will be considered authentic in the event of litigation.

The information collected from the Internet user is only used, and is only the subject of external communication, for the sole purpose of management or to meet legal or regulatory obligations.

Internet users have the right to access, modify, rectify and delete data concerning them on this site: to exercise this right, they must contact Gay-Lussac Gestion – 45, avenue George V 75008 Paris.

Personal data concerning the Internet user is collected for the sole purpose of processing his or her request. They will be kept for the time necessary for this processing. Thus, in the event of sending an electronic message by the Internet user, his electronic address will be automatically collected in order to be able to answer his mail.

GLG reminds Internet users that the secrecy of correspondence is not guaranteed on the Internet.


TRADEMARK AND DOMAIN NAMES is a registered trademark and registered as an Internet address. Any fraudulent use of this name may result in legal and criminal prosecution.



Browsing the website is likely to cause the installation of cookie(s) on the visitor’s computer. A cookie is a small file, which does not allow the identification of the visitor, but which records information relating to the navigation of a computer on a site. It is transmitted by the server of a website to your browser. The cookie file allows its sender to identify the terminal in which it is stored during the period of validity or registration of the cookie concerned.

We use cookies on our website to enable secure and more efficient browsing for our visitors by improving the presentation of our site and facilitating access to secure sections. The data obtained in this way is intended to facilitate subsequent navigation on our site, and is also intended to enable various measures of site traffic.

Visitors acknowledge having been informed of this practice and authorize Gay-Lussac Gestion to use it. They may at any time oppose the recording of cookies in the Settings menu of their internet browser. However, the refusal to install a cookie may result in the impossibility to access certain services offered by the www.gaylussacgestion.comwebsite.

To refuse the installation of cookies, the visitor can configure his browser as follows:

  • For Microsoft Edge™: Tools Menu > Internet Options > Privacy
  • For Safari™ : Safari Menu > Preferences > Privacy
  • For Google Chrome™: Chrome menu (tools) > Settings > Show advanced settings > Privacy > Content settings > Cookies
  • For Mozilla Firefox™: Tools menu > Options > Privacy > History > Cookies

For more information on cookies, we invite you to consult the page dedicated to cookies on the CNIL website (Cookies: the tools to control them | CNIL)

Regarding the obligations relating to the General Data Protection Regulations (RGPD), you can refer to our policy by clicking here.



All the information contained on the website is the exclusive property of Gay-Lussac Gestion within the meaning of article L 112-1 of the French Intellectual Property Code.

The Intellectual Property Code only authorizes, under the terms of article L 122-5 2nd paragraph, “copies or reproductions strictly reserved for the private use of the copyist and not intended for collective use”. Consequently, the information contained on the  website may not be reproduced, used or distributed for the benefit of third parties without the prior consent of Gay-Lussac Gestion.

Any representation or reproduction, by any process whatsoever, without the express permission of Gay-Lussac Gestion, would constitute an infringement punishable by articles L. 335 and following of the Intellectual Property Code.



Access to the products and services published on the site may be subject to restrictions with respect to certain persons or certain countries, and in particular with respect to investors from the United States and the United Kingdom who are subject to specific legislation. It is the responsibility of persons who are subject to foreign legislation to ensure that the use of the  website complies with their national legislation.

Gay-Lussac Gestion shall not be held liable for any use of the site contrary to local legislation. Furthermore, the products and services presented on this site may only be subscribed to in jurisdictions in which their marketing and promotion are authorized.



Any complaint concerning the website may be transmitted to Gay-Lussac Gestion by any means at the consultant’s convenience and in particular by e-mail.

This site is governed by French law and is subject to French jurisdiction. The official language of this site is French.

Any dispute arising from the validity, interpretation or execution of the present terms and conditions, their consequences or consequences, shall fall within the exclusive jurisdiction of the courts of the Paris Court of Appeal.

If one of the provisions of the present text proves to be null, invalid or without legal effect, all other provisions shall remain applicable.



Gay-Lussac Gestion, has established a procedure for the treatment of complaints which could possibly be addressed by its customers.

A complaint is understood to be a declaration of a client’s dissatisfaction towards Gay-Lussac Gestion within the framework of its services offer.

NB: A request for information, advice, clarification, service or performance is not considered to be a complaint.

Any complaint can be transmitted to your usual contact or can be formalized in writing to the following address:

Gay-Lussac Gestion

45 Avenue George V

75008 Paris

or by email at the following address:

The management company undertakes:

  • to send an acknowledgement of receipt to the client within 10 working days after having received the said complaint;
  • to provide with the acknowledgement of receipt the estimated waiting time for the client to receive a response.

In the event of persistent disagreement, the client may appeal to the AMF mediator:

Médiateur de l’AMF

Autorité des marchés financiers

17 place de la Bourse

75082 Paris cedex 02

AMF mediator website:



The information appearing on the site is not intended to be distributed or used by any person or entity in a country or jurisdiction where such distribution or use would be contrary to legal or regulatory provisions, or which would require Gay-Lussac Gestion to comply with the registration obligations of these countries. Not all products or services may be registered or authorized in all countries or available to all customers.

The information on the website is disseminated for information purposes only. It is not intended to solicit the subscription or sale of securities or other financial management products: it is presented for information purposes only.

Moreover, as the presentation of the products does not, by itself, allow the conclusion of a contract, it cannot be qualified as canvassing.


Cautionary note on the risks incurred



The products are directly subject to economic facts and their consequences, particularly with regard to the financial markets. As the value of a SICAV share or a FCP unit is calculated on the basis of the securities and assets held, it is subject to changes in the markets for financial instruments. It may therefore increase or decrease to the disadvantage of investors. Past performance therefore does not prejudge future performance or the achievement of the objectives of the various products, with the exception of UCITS benefiting from a specific guarantee. They are not constant over time.

Neither Gay-Lussac Gestion and its advisers, nor the authors of this site accept any liability whatsoever in the event of direct or indirect loss arising from the use of the information on this site.


Absence of guarantees

The data on this site is presented as of the date indicated. Gay-Lussac Gestion makes no guarantee, express or implicit, as to the accuracy, reliability or completeness of the information provided. The data is based on information considered reliable, but Gay-Lussac Gestion does not guarantee that it is exact, complete, valid or timely: it should not be considered as such for any purpose whatsoever.



In accordance with AMF position 2004-07 on the prevention of market timing and late trading practices, Gay-Lussac Gestion :

“must refrain from communicating in real time the composition of the portfolio.”

This can only be done by:

  • For dedicated FIAs and provided that the information is communicated concomitantly to all holders;
  • For UCIs in which professional investors under the supervision of the ACPR, the AMF or equivalent European authorities invest, in which case the management company may transmit – directly or indirectly through a third party – the composition of the portfolio of the UCI to its investors within a period of not less than 48 hours after the publication of the net asset value, for the purposes of calculating the regulatory requirements related to Directive 2009/138/EC (Solvency II)”.

In this case, Gay-Lussac Gestion will transmit to the investors concerned the composition of the UCIs under the conditions provided for above.