Objective & investment strategy:
The Sub-Fund aims to replicate the price variation of a portfolio of Euro zero coupon bonds with an overall duration of 9 years at the Strategy Implementation Date with an amplification factor. The duration will decline through time.
The "Strategy Implementation Date" means the date from which the Sub-Fund is invested in the instruments aiming at fulfilling the investment objective and will occur around 20 June 2012, subject to market conditions.
The Sub-Fund is deemed to be liquidated at maturity unless the Management Company decides otherwise in the best interest of the unitholders.