Verkaufsprospekt

Class X1 Units Euro 10,000,000
Class X2 Units STG 10,000,000
Class X3 Units JPY 1,250,000,000
Class JDX Units USD 10,000,000
There is no Minimum Holding for Class X, Class X1,
Class X2, Class X3 or Class JDX Units.
The Minimum Subsequent Subscription and Minimum
Redemption applicable to each Class of Unit in the
Sub-Fund are as follows:-
Class A Units USD 250
Class A1 Units Euro 250
Class A1H Units Euro 250
Class A2 Units STG 250
Class A3 Units JPY 30,000
Class A4 Units HKD 1,000
Class A5H Units SGD 250
Class A6H Units AUD 250
Class AD Units USD 250
Class H Units USD 250
There are no Minimum Subsequent Subscription or
Minimum Redemption amounts for the Class JD, Class
Y, Class Y1, Class Y1H, Class Y2, Class Y3, Class Y4,
Class Y5H, Class Y6H, Class YD, Class Y1D, Class
Y3D, Class X, Class X1, Class X2, Class X3 or Class
JDX Units.
8. Dealing Day
The Dealing Day for the Sub-Fund is each Business
Day.
9. Management and Fund Charges
The Manager is entitled to receive an annual fee accrued
at each Dealing Day and payable monthly in
arrears out of the Sub-Fund as a percentage of the Net
Asset Value of each Class of Unit in the Sub-Fund at
the rates stated below:-
Class A Units 1.80%
Class A1 Units 1.80%
Class A1H Units 1.80%
Class A2 Units 1.80%
Class A3 Units 1.80%
Class A4 Units 1.80%
Class A5H Units 1.80%
Class A6H Units 1.80%
Class AD Units 1.80%
Class H Units 4.00%
Class JD Units 0.50%
Class Y Units 1.00%
Class Y1 Units 1.00%
Class Y1H Units 1.00%
Class Y2 Units 1.00%
Class Y3 Units 1.00%
Class Y4 Units 1.00%
Class Y5H Units 1.00%
Class Y6H Units 1.00%
Class YD Units 1.00%
PineBridge Merger Arbitrage Fund
Class Y1D Units 1.00%
Class Y3D Units 1.00%
Class X Units 0.10%
Class X1 Units 0.10%
Class X2 Units 0.10%
Class X3 Units 0.10%
Class JDX Units 0.10%
Details of any other fees and charges relating to the
Sub-Fund are contained in the section headed "Management
and Fund Charges" in the main body of the
Prospectus.
The costs and expenses of establishing the Sub-Fund
and the expenses associated with the issue of Units,
including the costs incurred in connection with the
preparation and publication of this Supplement and all
legal and printing costs, which are estimated to
amount to approximately USD 60,000, will be paid out
of the assets of the Sub-Fund. These costs and expenses
will be amortised within a three year period in
accordance with standard accounting practice.
10. Currency of the Sub-Fund
The Base Currency of the Sub-Fund is US Dollars.
11. Distributions
In relation to the Class AD, Class JD and Class JDX
Units, the Manager intends to declare a distribution on
the last Business Day of each month. Distributions
shall generally be declared out of the net income
(whether in the form of dividends, interest or otherwise)
available for distribution by the Sub-Fund and realised
profits less realised losses and unrealised profits less
unrealised losses.
In relation to Class YD, Class Y1D, and Class Y3D
Units, the Manager intends to declare a distribution on
the last Business Day of February and August of each
year. Distributions shall generally be declared out of the
net income (whether in the form of dividends, interest or
otherwise) available for distribution by the Sub-Fund
and realised profits less realised losses and unrealised
profits less unrealised losses.
In respect of the other classes of Units the Manager
may declare a distribution once a year out of the net
income (whether in the form of dividends, interest or
otherwise) available for distribution by the Sub-Fund
and realised profits less realised losses and unrealised
profits less unrealised losses. The Manager may also
declare interim distributions on the same basis. Annual
distributions (if declared) will be declared and paid on or
before 30 June in each year.
12. Material Contracts
(i) Investment Management Agreement dated 4
March, 2005, between the Manager and Pine-
Bridge Investments Europe Ltd., as amended by
a side letter dated 13 December, 2005, a Supplemental
Investment Management Agreement
dated 7 April 2010, a side letter dated 4 November,
2010 and a side letter dated 18 February,
2011 pursuant to which the latter was appointed
as investment manager to the Sub-
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