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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.
Subscription and redemption conditions:
The subscription, conversion or redemption orders must be received by the Registrar and Transfer Agent on any Business Day no later than 12 a.m. CET. Orders that are received no later than 2 Business Days prior to the applicable Valuation Day will be processed at the Net Asset Value calculated the same Valuation Day. The investors' attention is drawn to existence of potential additional processing time due to the existence of intermediaries such as financial advisers or distributors.