A simple mechanism to make the most of emerging markets

The PEL Protected Emerging Fund provides investors with the opportunity to fully benefit from emerging markets whilst providing adequate security in terms of capital protection and performance potential.

This Fund offers two main advantages to investors: a high growth potential and a diversification instrument.

Subscriptions open until 16 January 2008
(tranche is limited so early application is recommended).
Last date for receipt of the funds: 14 January 2008 before noon CET.

Why invest in the PEL Protected Emerging Fund?
The peace of mind from capital protection
The performance potential of emerging markets
A diversification instrument
Optimised returns
Diversified exposure to 5 investment regions
A Systematic Risk Monitoring Mechanism

Fund facts
Term/Maturity 6 years / 28 January 2014
Currency of the Fund GBP
Issuer of the underlying assets of the Fund
SGA, Société Générale Acceptance NV (S&P AA ; Moody’s Aa1)
Calculation Agent Société Générale Paris (S&P AA; Moody’s Aa1)
Fund available within the Private Estate Life policies
Available to new applications, additional payment or switch into the Prime Investment Bond and Pharos policies.
Available to switches only into the Pelf Bond.
These policies are Luxembourg-based and so allow you to take full advantage of the excellent levels of investor protection1, the professional privacy afforded to legitimate investors and the advantageous taxation regime.
Assets held with Dexia Banque Internationale à Luxembourg S.A. (S&P AA).

During the subscription period, net payments, subject to acceptance by the assurer, shall be directly invested in the Fund, which will operate as a guaranteed rate fund without beneficiary participation, with the NAVs known in advance.
As from 21/01/2008, the NAV will be calculated weekly based on market conditions*.

* For the full term of the investment, the net asset value remains subject to market fluctuations and can go up as well as down. This value will depend among others on the pricing of the fixed coupons and of the options comprising the fund assets.

For the presentation of the fund, please consult the fund fact sheet.