Performance

Carnegie Asset Management Fondsmaeglerselskab A/S
Dampfærgevej 26
DK-2100 Copenhagen

Phone: +45 35 46 35 00
Fax: +45 35 46 36 00
E-mail: carnegieam@carnegieam.dk

Performance

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* Benchmark changed from MSCI World to MSCI All Country World Index on January 1, 2010

It should be noted that the value of Carnegie WorldWide Long/Short Fund is calculated in euro, and that gains may be increased or reduced as a result of fluctuations in the exchange rate.

Historical returns are no guarantee for future returns.

Select fund/benchmark:
	WorldWide		MSCI All Country World Index*
	European		MSCI Europe Index
	East European		MSCI East Index
	Nordic Markets		MSCI Nordic Countries Special Weighted Index
	WorldWide Ethical		MSCI All Country World Index*
	Long/Short	(84.83%)	3 Months Euribor	(21.20%)
	Medical		MSCI World Healthcare Index
	Global Healthcare		Russell 2000 Healthcare Index
	Biotechnology		Nasdaq Biotechnology Index