Verkaufsprospekt

SUPPLEMENT 3
PineBridge Global Balanced Fund
Supplement 3 to the Prospectus dated 29 March,
2011 for PineBridge Global Funds
This Supplement contains specific information in relation
to PineBridge Global Balanced Fund (the "Sub-
Fund"), a sub-fund of PineBridge Global Funds (the
"Fund") an open-ended 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.
1. Investment Managers
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) and PineBridge Investments Europe
Ltd., Plantation Place South, 60 Great Tower Street,
London EC3R 5AZ, England, to act as investment
managers to the Sub-Fund. The Investment Managers
have the responsibility for the investment management,
on a discretionary basis of the assets of the Sub-Fund
which shall be allocated between the Investment Managers
in such proportions as may be agreed between
the Manager and each Investment Manager from time
to time. Unitholders in the Sub-Fund shall have no
influence over the allocation of assets of the Sub-Fund
by the Manager between each Investment Manager.
PineBridge Investments LLC is a US based investment
PineBridge Emerging Europe Equity Fund
manager regulated by the Securities and Exchange
Commission and is a wholly owned subsidiary of Bridge
Partners. As at 31 December, 2010 it had USD 44
billion assets under management.
PineBridge Investments Europe Ltd. is authorised and
regulated by the United Kingdom Financial Services
Authority in the conduct of its investment business.
PineBridge Investments Europe Ltd. is a London based
investment management company and is a wholly
owned subsidiary of Bridge Partners. As at 31 December,
2010 it had responsibility for the investment of
assets of STG 5.28 billion. Its executive officers have
managed portfolios of fixed income securities and
European equities for more than 10 years.
Each 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 Sub-Fund seeks long-term capital appreciation by
identifying new and changing worldwide economic and
investment trends and investing in assets globally to
benefit therefrom.
3. Investment Policy
The Sub-Fund will select equity, equity-related, debt
and short term securities of companies and debt securities
of governments throughout the world, which are
expected by the Investment Managers to benefit from
such trends. The Sub-Fund will invest in investment
grade, sovereign, supranational and corporate bond
issues of fixed and / or floating rate with a rating of no
less than BBB- by Standard and Poor’s Corporation, or
equivalent by Moody’s or other rating agency. Where no
rating is available, the Manager, with the advice of the
Investment Managers, may assign its own rating, which
must be deemed the equivalent of the previously mentioned
Standard and Poor’s rating, or equivalent by
Moody’s or other rating agency.
In allocating the Sub-Fund's investments, the Investment
Managers will continually assess major economic
and business conditions while trying to identify underlying
trends. These conditions will include economic
growth rates, business prospects for particular industries
and companies, securities prices, interest rates,
currency exchange rates and trade and payment balances,
as well as political developments, including
changes in government fiscal, monetary, regulatory and
labour policies, in the leading countries of the world.
The Investment Managers will analyse, value and select
securities which it expects to profit from such trends.
Since the Sub-Fund aims to identify major trends
worldwide, its overall investment strategy will be flexible.
Thus, the percentage of the Sub-Fund's assets
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