SGAM Fund >SGAM Fund BOOK - Self Bank

SGAM Fund EQUI. EMERGING EUROPEPerformance figures (Net of management fees, in EUR (ex DEM), with monthly data. B (Instit.))Cumulative returnsCumulative returnsAnnualized returns500.01 Month3 Mon.YTD1 year3 years5 yearsInception450.0From06-30-1004-30-1012-31-0907-31-0907-31-0707-29-0510-18-01400.0To07-30-1007-30-1007-30-1007-30-1007-30-1007-30-1007-30-10350.0SGAM Fund EQUI. EMERGING EUROPE5.27%-2.28%14.31%44.12%-13.07%2.97%13.12%300.0250.0-> MSCI EM Europe 10/40 (ND)6.69%-2.59%13.34%41.25%-8.54%5.93%16.04%200.0150.0100.050.0Top 5 holdings12-2002 12-2004 12-2006 12-2008 12-2010Sector breakdownFund Benchmark 1> SBERBANK OF RUSSIA> GAZPROM OAO> LUKOIL HOLDING9.7%9.4%6.6%Information TechnologyFund data> Assets as of 07-30-1045,457,239 EUR> ROSNEFT GDR SPONSORED REG-S5.2%Consumer Discretionary> Number of shares as of 07-30-10982.27> MINING METALG.NORILSK NICKEL> TotalSecurities in direct holding4.6%35.5%TelecommunicationServicesConsumer Staples> N.A.V. as of 07-30-10> Legal type> Net Asset Value calculation2,918.60 EURLuxembourg SICAVDailyCountry breakdownUtilitiesHungaryMaterialsStatistical links with the index*NetherlandsCzech RepublicCyprusIndustrials> Information ratio> Tracking error-0.535.53%PolandTurkeyRussian FederationOthers0.0% 15.0% 30.0% 45.0% 60.0%FundBenchmarkFinancialsEnergy0.0% 7.5% 15.0% 22.5% 30.0% 37.5%FundBenchmark> Fund Volatility> Bench Volatility> Sharpe Ratio for the fund> Sharpe Ratio for the benchmark* Annualized figures from 10-18-01 to 07-30-1028.36%28.93%0.370.46> Page 13/58 Past performance is not a guarantee of future performance.> Report as of 07-30-10