ValueInvest LUX Global

ValueInvest LUX Global invests primarily in Global large cap companies and aims at long-term high absolute returns in combination with a low downside risk. The management team pursues a value-driven systematic investment process to search for undervalued companies with high earnings stability and low net debt.

The portfolio construction is entirely bottom up and without any benchmark constraints.

The fund is a long only fund investing in Global equities.

Performance

Fund	Currency	ISIN	NAV Date	NAV	Var. %	YTD %
ValueInvest LUX Global A C	EUR	LU0135991064	16-05-2012	147.76	-0.11%	1.63%
ValueInvest LUX Global A D	EUR	LU0135990504	16-05-2012	147.76	-0.11%	1.63%
ValueInvest LUX Global I C	EUR	LU0251043070	16-05-2012	157.42	-0.11%	2.15%

Upd: 18-05-2012	Nav	2012	2011*	2010	2009	2008	2007	2006	2005	2004	2003
Global	147.76	1.74%	-6.23%	10.42%	30.82%	-22.22%	-5.30%	14.02%	16.50%	9.59%	14.85%
MSCI Global		4.94%	-2.86%	20.20%	26.76%	-38.09%	-1.57%	7.55%	26.26%	5.38%	11.66%

Past performance is not necessarily a guide to future performance.