SGAM Fund >SGAM Fund BOOK - Self Bank

SGAM Fund EQUI. EUROLAND VALUEPerformance figures (Net of management fees, in EUR, with monthly data. B (Instit.))Cumulative returnsCumulative returnsAnnualized returns180.01 Month3 Mon.YTD1 year3 years5 yearsInception160.0FromTo06-30-1007-30-1004-30-1007-30-1012-31-0907-30-1007-31-0907-30-1007-31-0707-30-1007-29-0507-30-1005-26-0507-30-10140.0SGAM Fund EQUI. EUROLAND VALUE6.05%-2.32%-3.84%9.49%-11.61%0.02%1.73%120.0DJ EURO ST TMI VALUE (ND) -> DJ EURO ST LARGE (ND)6.27%-0.71%-3.41%9.28%-11.79%0.98%2.78%100.080.060.0Top 5 holdings12-2006 12-2008Sector breakdownFund Benchmark 1> TOTAL> BNP-PARIBAS> ALLIANZ> VINCI5.0%4.0%4.0%3.9%TechnologyConsumer ServicesFund data> Assets as of 07-30-10> Number of shares as of 07-30-10590,403,295 EUR163,255.79> TELEFONICA> TotalSecurities in direct holding3.2%20.1%UtilitiesConsumer Goods> N.A.V. as of 07-30-10> Legal type> Net Asset Value calculation1,092.88 EURLuxembourg SICAVDailyCountry breakdownTelecommunicationsFinlandBelgiumItalySpainHealth CareBasic MaterialsOil & GasStatistical links with the index*> Information ratio> Tracking error-0.323.27%NetherlandsGermanyFranceOthers0.0% 8.0% 16.0% 24.0% 32.0%FundBenchmarkIndustrialsFinancials0.0% 6.0% 12.0% 18.0% 24.0%FundBenchmark> Fund Volatility> Bench Volatility> Sharpe Ratio for the fund> Sharpe Ratio for the benchmark* Annualized figures from 05-26-05 to 07-30-1018.79%19.49%-0.040.01> Page 19/58 Past performance is not a guarantee of future performance.> Report as of 07-30-10