Si no entiendo mal, la normativa luxemburguesa (que regula KBC Renta) establece que cada compartimento o subfondo de una SICAV será exclusivamente responsable de los compromisos que tengan origen en el subfondo, a no ser que los documentos de constitución de la SICAV establezcan otra cosa:
"Artículo 133.5 de la LAW OF 20 DECEMBER 2002 Relating to Undertakings for Collective Investment and Amending the Law of 12 February 1979 concerning the Value Added Tax:
(5) The rights of investors and of creditors concerning a compartment or which have arisen in connection with the creation, operation or liquidation of a compartment are limited to the assets of that compartment, unless a clause included in the constitutional documents provides otherwise.
The assets of a compartment are exclusively available to satisfy the rights of investors in relation to that compartment and the rights of creditors whose claims have arisen in connection with the creation, the operation or the liquidation of that compartment, unless a clause included in the constitutional documents provides otherwise.
For the purpose of the relations as between investors, each compartment will be deemed to be a separate entity, unless a clause included in the constitutional documents provides differently."
No tengo los documentos de constitución de KBC Renta pero en el Prospecto, que solo he encontrado en francés y he tenido que pasar un traductor (muestro la traducción al inglés, que es mejor que al español), se establece:
"13.3. Engagements
13.3.3. Autres principes
13.3.3.1. La SICAV constitue vis-à-vis des tiers une seule et même entité juridique, et tous les engagements engageront la SICAV toute entière quelque soit le compartiment auquel ces dettes sont attribuées. Les avoirs, engagements, charges et frais qui ne sont pas attribuables à un compartiment seront imputés aux différents compartiments à parts égales ou, pour autant que les montants en cause le justifient, au prorata de leurs actifs respectifs.
13.3.3.2. Dans les relations des actionnaires entre eux chaque compartiment est traité comme une entité à part.
13.3.3.1 To third parties, the SICAV is a single entity, all the liabilities and the SICAV bind as such entity, regardless of what part of these funds Liabilities are attributable. The assets, liabilities, costs and expenses which are attributable to any particular Sub-Fund will be shared equally or if the amounts involved justify this, apportioned in proportion to their respective assets.
13.3.3.2. In relation to the unitholders, each subfund is treated as a separate legal entity."
A la vista de la documentación, ¿creéis que la responsabilidad del subfondo Nokrenta podría extenderse a las obligaciones contraídas por otros compartimentos?