PC NMS October 2012 clean version CSSF 3010 pour VISA FINAL

Class of shares Class A: shares suited for all investors.
Minimum single initial subscription
amount
Minimum subsequent subscription
amount
Minimum savings plan subscription
amount
Class I: shares reserved for Institutional investors only.
Class A:EUR 1,500
Class I: EUR 25,000
Class A: EUR 1,500.
Twelve monthly payments of EUR 100 each or four quarterly
payments of EUR 300 each.
Management fee Class A: 1.50% per year of the net assets.
Class I: 0.70% per year of the net assets.
Performance fee Classes A and I the performance fee is 10%.
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