Past performance is not a guarantee of future returns and may fluctuate over time.

Cumulative Performances (%)	One month rolling	Three months rolling	Year-to-date	Year on year	Since Inception 30/11/2009
Lutetia Patrimoine I EUR	-0.87	-0.64	0.44	-1.08	7.11
Lutetia Patrimoine I USD	-0.86	-0.63	0.56	-1.20	6.98
Lutetia Patrimoine P EUR	-1.01	-0.85	0.30	-1.61	5.90
Lutetia Patrimoine P USD	-1.05	-0.85	0.39	-1.76	5.62
Eonia	0.07	0.22	0.32	0.91	2.23

• Lutetia Patrimoine is a diversified investment fund with an absolute return objective. The fund is registered with the AMF and compliant with European UCITS III norms.
• The fund’s strategy consists of investing in securities of corporations in Europe and North America that are subject to mergers and acquisitions transactions.
• The portfolio is comprised of 30 to 40 positions in primarily medium-to-large cap securities. The fund offers daily liquidity to investors.
• The fund targets a volatility of 2 to 4%.

• Merger arbitrage : Purchasing equity securities of public companies following the announcement of an acquisition offer and in anticipation of closing.
• Event driven: Purchasing equity securities of public companies subject to, or potentially subject to, “events” that will lead to shareholder value creation.
• Market neutral: Covering the fund’s positions against variations in the overall equity market.

Lutetia Capital can be subscribed every open day via your usual financial intermediary.

• Fund category: market neutral /event driven
• Inception date: 30/11/2009
• Custodian: BNP-Paribas
• Auditor: Deloitte
• Liquidity: Daily
• Recommended investment period: > 3 years