Verkaufsprospekt

swaps, the Sub-Fund incurs exposure to the credit of the
reference entity and is subject to many of the same risks it
would incur if it were holding debt securities issued by the
reference entity. However, the Sub-Fund will not have any
legal recourse against the reference entity and will not
benefit from any collateral securing the reference entity's
debt obligations.
Volatility Risk: All markets are subject to volatility based
on prevailing economic conditions. Securities in 'emerging'
or 'developing' markets may involve a higher degree of risk
due to the small current size of the markets for securities
of 'emerging' or 'developing' market issuers and the currently
low or non-existent volume of trading, which could
result in price volatility. Certain economic and political
events in 'emerging' or 'developing' economies, including
changes in foreign exchange policies and current account
positions, could also cause greater volatility in exchange
rates. As stated previously, some of the markets or exchanges
on which a Sub-Fund may invest may prove to be
highly volatile from time to time.
5. Application for Units
The following classes of Unit are currently, or may be,
offered:
Class A Units denominated in US Dollars
Class A1 Units denominated in Euro
Class A2 Units denominated in Sterling
Class A3 Units denominated in Japanese Yen
Class C Units denominated in US Dollars
Class C1 Units denominated in Euro
Class C2 Units denominated in Sterling
Class C3 Units denominated in Japanese Yen
Class H Units denominated in US Dollars
Class Y Units denominated in US Dollars
Class Y1 Units denominated in Euro
Class Y2 Units denominated in Sterling
Class Y3 Units denominated in Japanese Yen
Class YD Units denominated in US Dollars
Class Y1D Units denominated in Euro
Class Y3D Units denominated in Japanese Yen
Class X Units denominated in US Dollars
Class X1 Units denominated in Euro
Class X2 Units denominated in Sterling
Class X3 Units denominated in Japanese Yen
Class L Units denominated in US Dollars
Class L Units are currently in issue and are available for
subscription at the Net Asset Value.
Class A, Class A1, Class A2 and Class A3 Units are being
offered to investors at USD12.50, Euro12.50, STG12.50
and JPY 1,500 respectively during the Initial Offer Period
which has commenced and will close on 30 June, 2011 at
noon (Irish time).
Class C, Class C1, Class C2 and Class C3 Units are being
PineBridge Asia Balanced Fund
offered to investors at USD12.50, Euro12.50, STG12.50
and JPY 1,500 respectively during the Initial Offer Period
which has commenced and will close on 30 June, 2011 at
noon (Irish time).
Class H Units are being offered to investors at USD12.50
during the Initial Offer Period which has commenced and
will close on 30 June, 2011 at noon (Irish time).
Class Y, Class Y1, Class Y2 and Class Y3 Units are being
offered to investors at USD100, Euro100, STG100 and
JPY 1,500 respectively during the Initial Offer Period which
has commenced and will close on 30 June, 2011 at noon
(Irish time).
Class YD, Class Y1D and Class Y3D Units are being offered
to investors at USD100, Euro100 and JPY1,500
respectively during the Initial Offer Period which has commenced
and will close on 30 June, 2011 at noon (Irish
time).
Class X, Class X1, Class X2 and Class X3 Units are being
offered to investors at USD100, Euro100, STG100 and
JPY 1,500 respectively during the Initial Offer Period which
has commenced and will close on 30 June, 2011 at noon
(Irish time).
Subscriptions for Class X, Class X1, Class X2 or Class X3
Units will only be accepted from investors who have entered
into a separate arrangement (legal agreement) with
the Manager or its delegate.
All Classes of Units which have not already been issued
may be offered to the investors on such other dates as the
Manager may at its discretion, and with the consent of the
Trustee, determine and notify to the Central Bank. Thereafter,
Units shall be issued at the Net Asset Value per Unit
of the relevant Class.
6. Minimum Initial Subscription, Minimum Holding,
Minimum Subsequent Subscription and
Minimum Redemption Requirements
The Minimum Initial Subscription and Minimum Holding
applicable to each Class of Unit in the Sub-Fund are as
follows:
Class A Units USD 1,000
Class A1 Units Euro 1,000
Class A2 Units STG 1,000
Class A3 Units JPY 125,000
Class C Units USD 1,000
Class C1 Units Euro 1,000
Class C2 Units STG 1,000
Class C3 Units JPY 125,000
Class H Units USD 1,000
Class Y Units USD 1,000,000
Class Y1 Units Euro 1,000,000
Class Y2 Units STG 1,000,000
Class Y3 Units JPY 125,000,000
Class YD Units USD 1,000,000
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