Verkaufsprospekt

SUPPLEMENT 9
PineBridge Europe Large Cap Research Enhanced
Fund
Supplement 9 to the Prospectus dated 29 March, 2011
for PineBridge Global Funds
This Supplement contains specific information in relation to
PineBridge Europe Large Cap Research Enhanced Fund
(the "Sub-Fund"), a sub-fund of PineBridge Global Funds
(the "Fund") an open-ended umbrella unit trust authorised
by the Central Bank on 4 March, 2005, pursuant to the
Regulations.
This Supplement forms part of and should be read in
conjunction with the Prospectus for the Fund dated 29
March, 2011 and any supplements thereto, which contains
the general description of:
- the Fund and its management and administration;
- its investment restrictions and borrowing powers;
- its general management and Fund charges;
- the taxation of the Fund and of its Unitholders;
- its risk factors; and
- names of all other sub-funds of the Fund
which is available from the Manager at 30 North Wall
Quay, IFSC, Dublin 1, Ireland.
PineBridge Investments Ireland Limited is the Manager of
the Fund. The Directors of the Manager are set out in the
main body of the Prospectus.
The Directors of the Manager accept responsibility for the
information contained in the Prospectus and this Supplement.
To the best of the knowledge and belief of the Directors
(who have taken all reasonable care to ensure that
such is the case) such information is in accordance with
the facts and does not omit anything likely to affect the
import of such information. The Directors accept responsibility
accordingly.
The audited financial information for the Fund will be sent
on request to any Unitholder.
An investment in the Sub-Fund should not constitute a
substantial proportion of an investment portfolio and
may not be appropriate for all investors.
1. Investment Manager
The Manager has appointed PineBridge Investments LLC,
c/o CSC Corp, 2711 Centerville Road, Suite 400, Wilmington,
DE 19808, USA (registered address) and 399 Park
Avenue, 4 th Floor, New York, NY 10022, USA (business
address), to act as investment manager to the Sub-Fund.
The Investment Manager has the responsibility for the
investment management, on a discretionary basis, of the
assets of the Sub-Fund.
The Investment Manager is a US based investment manager
regulated by the Securities and Exchange Commission
and is a wholly owned subsidiary of Bridge Partners.
As at 31 December, 2010 the Investment Manager had
USD 44 billion assets under management.
PineBridge Europe Large Cap Research Enhanced Fund
The Investment Manager is also a member company of
PineBridge Investments. PineBridge Investments provides
investment advice and markets asset management products
and services to its clients around the world. It operates
as a multi-strategy investment manager in 32 countries
and jurisdictions, with USD 82.1 billion in assets under
management as of 31 December, 2010. PineBridge
Investments is a leading asset manager with long-term
track records across listed equity, fixed income and alternative
investments strategies, and a rich heritage managing
assets for one of the world’s largest insurance and
financial services companies.
2. Investment Objective
The investment objective of the Sub-Fund is to attain long
term growth of capital by means of a diversified portfolio
through investment in equity and equity-related securities
of companies, at least 90% of which have assets, products
or operations based in Europe or are included in the MSCI
Europe Index. Up to 10% of the value of the Sub-Fund
may be invested in other companies which have a European
Recognised Exchange listing.
3. Investment Policy
The assets of the Sub-Fund will primarily be invested in
equities and equity-related securities of issuers included in
the MSCI Europe Index or domiciled in or exercising the
predominant part of their commercial activities in Europe.
The Sub-Fund may also invest in other transferable securities
such as equities and equity-related securities. Such
investments must be in accordance with the investment
objective, investment policy and investment restrictions of
the Sub-Fund.
Portfolio selection will adhere to an optimisation process
that favours stocks ranked highly through the Investment
Manager's growth categorisation process and then
configures those into a portfolio in a manner to very tightly
control the portfolio’s tracking error to the MSCI Europe
Index.
The MSCI Europe Index is a capitalisation weighted index
of companies listed in Austria, Belgium, Denmark, Finland,
France, Germany, Greece, Ireland, Italy, Netherlands,
Norway, Portugal, Spain, Sweden, Switzerland and United
Kingdom and is designed to broadly and fairly represent
the full diversity of business activities in those markets with
an aim to capture 85% of the free float adjusted market
capitalisation in each industry group and in each country.
The Investment Manager believes that the performance of
equities over longer periods of time is driven by the
progression of earnings. The Sub-Fund will strive to add
value by identifying stocks with superior sustainable
earnings performance. The stock selection will also be
influenced by valuation levels, but only to the extent that
factors have been identified which are expected to drive
valuation potential to be realised in terms of earnings
progression.
On a regional basis, the investment universe is
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