Absolute Return EUR2

Fund Investment Objectives

The objective of the fund is to provide institutional investors with an absolute return, with low correlation to financial market movements, through a diversified portfolio of shares, bonds, funds of hedge funds and other transferable securities admitted to an official stock exchange. The sub-fund may hold deposits and money market instruments. The strategic asset allocation between these asset classes will be determined by the Investment Committee which is held on a monthly basis. The shorter term tactical asset allocation will be implemented based on investment meetings which are held formally three times a week to review the latest macro and micro news. No minimum investment required. AUM reflects the aggregate of the various share classes and is denominated in EUR.