PC NMS October 2012 clean version CSSF 3010 pour VISA FINAL

Reference Portfolio for Relative VaR
calculation
• derivatives risk
For a detailed analysis of the risks please refer to paragraph 6
“Risk factors”.
Until December 5 th , 2012:
65% EMU Broad Market Index 1-5 Years
25% S&P 1200
10% Euro Libor
Starting from December 6 th , 2012:
65% ML EMU Direct Government Index 1-5 Years (EG0V),
25% S&P 1200,
10% Euro Libor
Profile of the typical investor The Sub-Fund suits investors with a medium risk profile and a
medium-long term investment horizon.
Sub-Fund Co-Manager BANCA FINNAT EURAMERICA S.P.A.
Valuation currency EURO
Valuation day Every bank business day in Luxembourg.
Class of shares Class A: shares suited for all investors.
Class I: shares reserved for Institutional investors only.
Minimum single initial subscription
amount
Minimum subsequent subscription
amount
Minimum savings plan subscription
amount
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: 1.10% per year of the net assets.
Class I: 0.55% per year of the net assets.
Performance fee Classes A and I 5% absolute fee.
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