European Equity

Portfolio Characteristics
Fund Name Benchmark Performance Target Target Tracking Error Number of Stocks Factsheet
Pan-European Growth S&P Citigroup PMI Europe Growth +2 -4% p.a. Up to 10% p.a. 50-80 Upon request
Euroland Growth S&P Citigroup PMI Eurozone Growth +2 -4% p.a. Up to 10% p.a. 50-80 Upon request
Pan European Core MSCI Europe +2-3% p.a. Up to 5% p.a. 50-80 Upon request
European Small Cap Core HSBC European Small Cap +2 -5% p.a. 3-7% p.a. 70-100 Upon request
European Small Cap Growth 75% HSBC European Small Cap
+ 25% TecDax All Share		 +3-6% p.a. 4-8% p.a. 70-100 Upon request