Protea Fund - BAM European Family Enterprises R/  LU1118008553  /

Deliver superior performance in relative term over the medium to long term horizon. The Sub-Fund will mainly invest in a select portfolio of equities and equity related securities of companies which are domiciled, headquartered or exercise the predominant part of their economic activity in Europe. Except the geographical focus, the choice of investments will neither be limited by an economic sector nor in terms of currencies in which investments will be denominated. However, depending on financial market conditions, a particular focus can be placed in a single country (or some countries) and/or in a single currency and/or in a single economic sector. On an ancillary basis, the Sub-Fund may invest in any other type of eligible assets, such as debt securities, money market instruments, structured products, undertakings for collective investment (UCIs), cash. Investments in units or shares of UCIs shall not exceed 10% of the net assets of the Sub-Fund. Investments in debt securities, within the meaning of Council Directive 2003/ 48/EC ("EU Savings Directive") on the taxation of savings income, will be limited to 25% of the net assets

Deliver superior performance in relative term over the medium to long term horizon. The Sub-Fund will mainly invest in a select portfolio of equities and equity related securities of companies which are domiciled, headquartered or exercise the predominant part of their economic activity in Europe.