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. The Sub-Fund is actively managed. The index Stoxx 600 Total Return Index EUR (SXXR Index) is used for the calculation of the performance fee (payable to the investment manager). The benchmark index of the Sub-Fund is Stoxx 600 Total Return Index EUR (SXXR Index). It is mentioned for performance comparison purposes. The Sub-Fund does not track the index and can deviate significantly or entirely from the benchmark index. The return of the product is determined using the Net Asset Value (the 'NAV') calculated by the Central Administration. This return depends mainly on the market value fluctuations of the underlying investments as described below. 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.

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.