Dear Shareholder, The Company’s board of directors (the "Board") hereby informs you of the following changes to be made to the prospectus of the Company (the “Prospectus”):
1) Clarification of the investment policy
The first paragraph of the investment policy of the Sub-Fund will also be clarified in order to include a concrete percentage of exposure to equities and bonds and so to read as follows:
"The sub-fund invests at least 51% of its net assets in equities and bonds from anywhere in the world, including emerging markets, directly or indirectly through investments in other funds."