The Funds of PIM Gestion (European Regulated Funds)

	NAV	NAV date	Reporting	Prospectus
GLOBAL EQUITIES
PAN-HOLDING	536.18 €	31-05-12
PIM Global Opportunities	111.89 €	31-05-12
EUROZONE EQUITIES
PIM Euro
I share	91 587.62 €	31-05-12
R share	87.93 €	31-05-12
JAPANESE EQUITIES
PIM New Japan
Share R € (hedged)	869.98 €	31-05-12
Share R €	981.11 €	31-05-12
US EQUITIES
PIM America
RH Share € (hedged)	141.17 €	31-05-12
R Share USD	186.92 $	31-05-12
IC share USD	189 977.00 $	31-05-12
ID share USD	188.98 $	31-05-12
	66 765.30 €	31-05-12