The Fund seeks capital growth by investing at least two-thirds of its total assets in the shares of companies whose main business and/or registered office is in Europe. This compartment's objective is to enable investors to benefit from growth in the European equities market. The portfolio will comprise a limited selection of securities deemed by the manager to offer the best prospects. Actual inception date is 10/17/2002. AUM reflects the aggregate of all share classes and is denominated in EUR.