ABN AMRO Funds

Statement of investments -Europe Equity Dynamic Fund 31-10-2005Statement of investments -Europe Equity Dynamic Fund 31-10-2005numberSHARESBelgium46,020 Belgacom 1,287 0.7690,920 Dexia 1,638 0.97107,430 Fortis 2,551 1.5219,421 KBC Bancassurance Holding 5555 1,321 55 0.796,797 4.04FranceTransferable securities admittedto exchange listing or dealt in onanother regulated marketmarketvaluex EUR 1,000 %163,300 AXA 3,945 2.3530,940 Cie de Saint-Gobain 1,414 0.8430,820 Compagnie Generale des EtablissementsMichelin - B - 1,388 0.8367,210 Credit Agricole 1,643 0.98183,690 France Telecom 3,982 2.3717,860 Lafarge 1,225 0.7326,250 Lagardere 1,506 0.8941,940 Societe Generale 3,995 2.38193,290 Suez 1,969 1.1783,840 Thomson 1,319 0.7832,445 Total - Strip VVPR 0 0.0036,286 Veolia Environnement 1,260 0.7523,770 Vinci 1,550 0.92114,020 Vivendi Universal 5555 2,997 55 1.7828,193 16.77numberTransferable securities admittedto exchange listing or dealt in onanother regulated marketmarketvaluex EUR 1,000 %United Kingdom (continued)76,930 Land Securities Group 1,579 0.9469,910 Man Group 1,591 0.95309,820 National Grid 2,365 1.41260,750 Royal Bank of Scotland Group 6,027 3.5897,600 Severn Trent 1,381 0.82627,497 Tesco 2,789 1.66149,610 United Utilities 5555 1,379 55 0.8257,157 34.005555 55INVESTMENTS 142,100 84.53OTHER ASSETS LESS LIABILITIES 26,003 15.47TOTAL NET ASSETS 168,103 100.00Germany52,320 BASF 3,147 1.8772,650 Bayerische Hypo-und Vereinsbank 1,694 1.0182,260 Commerzbank 1,797 1.0784,720 DaimlerChrysler 3,540 2.1167,209 Deutsche Post 1,250 0.74290,960 Deutsche Telekom 4,292 2.5571,340 E.ON 5,393 3.2127,780 Linde 1,651 0.9814,958 Muenchener Rueckversicherungs 1,466 0.8727,520 Volkswagen 5555 1,251 55 0.7525,481 15.16Netherlands145,320 Aegon 1,823 1.0956,260 European Aeronautic Defense and Space 1,626 0.97169,810 ING Groep 4,084 2.43183,104 Royal KPN 5555 1,454 55 0.868,987 5.35Switzerland30,130 Holcim 1,563 0.9336,400 Swiss Reinsurance 2,049 1.224,540 Swisscom 1,246 0.7417,080 Syngenta 1,526 0.9195,468 UBS 6,760 4.0216,460 Zurich Financial Services 5555 2,341 55 1.3915,485 9.21United Kingdom177,810 BAA 1,612 0.96751,670 Barclays 6,221 3.701,610,870 BP 14,856 8.84157,290 BPB 1,699 1.01889,880 BT Group 2,802 1.67809,540 Cable & Wireless 1,382 0.82292,260 Compass Group 821 0.49583,270 Dixons Group 1,241 0.74400,490 HBOS 4,940 2.94363,210 Imperial Chemical Industries 1,543 0.92892,880 ITV 1,373 0.81151,210 Kelda Group 1,556 0.9217