Privileged Investors - BNP Paribas Investment Partners

GENERAL INFORMATION
Privileged Investors (The “Fund”), previously named “MeesPierson Privileged Investors” was
incorporated under Part II of the Luxembourg law of 30 March 1988 regarding undertakings
for collective investment as an open-ended investment company (société d’investissement à
capital variable – SICAV) on 26 October 2001. On incorporation all of the shares representing
the initial capital were subscribed for and were fully paid. The Articles were published in the
Mémorial C, Recueil des Sociétés et Associations (the “Mémorial”) on 22 November 2001.
The Articles are on file with the Luxembourg Commercial and Companies Register. As from
13 February 2004, the Fund is subject to Part II of the Luxembourg law of 20 December 2002
regarding undertakings for collective investment. The Articles were amended for the last time
on 3 July 2006 and such amendment was published in the Mémorial on 6 September 2006.
In the Netherlands, this Fund has a registration under article 2:73 of the Dutch Financial
Market Supervision Act.
As of the date of this Addendum, the Fund has four sub-funds (“Sub-Funds”):
Cadogan Market Neutral Fund USD (“MNF USD”) – started on 5 November 2001
Cadogan Market Neutral Fund EUR (“MNF EUR”) – started on 5 November 2001
Cadogan Market Diversified Fund USD (“MDF USD”) – started on 6 February 2004
Cadogan Market Diversified Fund EUR (“MDF EUR”) – started on 6 February 2004
For each of these Sub-Funds, the four following classes of shares are subscribed:
A a
A d
I a
I d
: accumulating retail class shares of no par value
: distributing retail class shares of no par value
: accumulating institutional class shares of no par value
: distributing institutional class shares of no par value
Privileged Investors – Cadogan Market Neutral Fund Sub-Funds (EUR and USD) have 8 new
classes of shares (these shares have not yet been launched).
CMNF C a
CMNF C d
CMNF Q a
CMNF Q d
CMNF E a
CMNF E d
CMNF X a
CMNF X d
Privileged Investors – Cadogan Market Diversified Fund Sub-Funds (EUR and USD) have 8
new classes of shares (these shares have not yet been launched).
CMDF C a
CMDF C d
CMDF Q a
CMDF Q d
CMDF E a
CMDF E d
CMDF X a
CMDF X d
Information of present interest about the Fund and the prospectus, the financial leaflet, the
articles and the annual and semi-annual reports, will be available free of charge with the
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