Verkaufsprospekt

SUPPLEMENT 2
PineBridge Asia Balanced Fund
Supplement 2 to the Prospectus dated 29 March, 2011
for PineBridge Global Funds
This Supplement contains specific information in relation to
PineBridge Asia Balanced Fund (the "Sub-Fund"), a subfund
of PineBridge Global Funds (the "Fund") an openended
umbrella unit trust authorised by the Central Bank
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.
The Sub-Fund may invest in FDI for investment purposes
as specified in this Supplement.
Definitions
"Asian Region" includes Bangladesh, Hong Kong, India,
Indonesia, South Korea, Malaysia, Pakistan, The People's
Republic of China, The Philippines, Singapore, Sri Lanka,
Taiwan and Thailand.
1. The Investment Manager
The Manager has appointed PineBridge Investments Asia
Limited, Clarendon House,2 Church Street, Hamilton HM
11, Bermuda (registered address) and Level 31, Three
Pacific Place, 1 Queen’s Road East, Hong Kong (business
address) to act as investment manager to the Sub-Fund.
The Investment Manager has the responsibility for the
PineBridge Asia Balanced Fund
investment management, on a discretionary basis, of the
assets of the Sub-Fund.
The Investment Manager is incorporated in Bermuda and
based in Hong Kong, manages investment portfolios in
Hong Kong, Singapore, Malaysia, Thailand, Taiwan, South
Korea, the Philippines, Indonesia, India and Australia.
There are investment professionals of PineBridge Investments
companies in all of these locations except Indonesia.
As at 31 December, 2010 the Investment Manager
had USD 10.48 billion assets under management.
The Investment Manager is a wholly owned subsidiary of
Bridge Partners and is also a member company of Pine-
Bridge 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 Sub-Fund will be managed to provide investors with
income and long-term capital appreciation through investment
in equities, equity-related securities and debt securities
of Asian issuers in the Asian Region.
3. Investment Policy
The Sub-Fund will, under normal market conditions, invest
the majority of its total assets in a broad range of equity
and equity-related securities of Asian companies i.e. companies
whose assets, products or operations are in Asia
and debt securities of Asian issuers, including commercial
paper, bonds or other debt instruments issued or guaranteed
by Asian corporations or entities, obligations of supranational
community, regional or world institutions or organisations
issued or guaranteed by Asian government or
governmental subdivisions, certificates of deposit, bankers
acceptances issued or supported by the credit of Asian
banks.
The Sub-Fund will invest in fixed and / or floating rate debt
securities of varying maturities. The percentage of debt
securities with a credit rating of less than BBB by Standard
and Poor's Corporation, or equivalent by Moody's or other
rating agency will be similar to that of the HSBC Asian US
Dollar Bond Total Return Index. Where no rating is available,
the Manager, with the advice of the Investment Manager,
may assign its own rating, which must be deemed to
be the equivalent of the previously mentioned Standard
and Poor's, Moody's or other agency rating.
A major proportion of the Sub-Fund's assets will be invested
in large, well established companies with the remainder
being invested in smaller companies.
The Investment Manager believes that the performance of
equities over longer periods of time is driven by the pro-
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