# EVOLUTION OF SUBSCRIPTIONS, REDEMPTIONS AND THE NET ASSET VALUE
| Evolution of the number of shares in circulation |
| --- |
|  | 31 December 2018 | 31 December 2019 | 31 December 2020 |
| Class | Subscriptions | Redemptions | End of Period | Subscriptions | Redemptions | End of Period | Subscriptions | Redemptions | End of Period |
| A | 2,975.00 | 74,204.00 | 32,794.00 | 511.46 | 6,100.00 | 27,205.46 | 7,853.00 | 7,065.00 | 27,993.46 |
| B | 1,485.00 | 35,776.00 | 129,549.00 | 11,520.00 | 20,100.00 | 120,969.00 | 1,812.00 | 53,376.00 | 69,405.00 |
| E | 350.00 | 67,300.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| F | 57,639.00 | 16,240.00 | 154,244.30 | 172,742.05 | 149,099.30 | 177,887.05 | 37,060.00 | 42,290.00 | 172,657.05 |
| M | 31,768.61 | 7,890.95 | 53,257.66 | 0.00 | 22,075.38 | 31,182.28 | 2,305.00 | 8,026.71 | 25,460.57 |
| N | 11,829.44 | 1,407.39 | 13,218.05 | 0.00 | 2,632.16 | 10,585.89 | 1,297.00 | 861.01 | 11,021.89 |
| P | 26,800.00 | 26,800.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| W | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,859.60 | 0.00 | 1,859.60 |
| TOTAL |  |  | 383,063.00 |  |  | 367,829.68 |  |  | 308,397.57 |

| Payable and receivable amounts for the UCI |
| --- |
| EUR |
|  | 31 December 2018 | 31 December 2019 | 31 December 2020 |
| Class | Subscriptions | Redemptions | Subscriptions | Redemptions | Subscriptions | Redemptions |
| A | 299,714.25 | 7,559,021.54 | 49,999.94 | 599,733.82 | 756,111.11 | 684,170.92 |
| B | 160,068.15 | 3,866,263.47 | 1,243,074.30 | 2,164,182.40 | 194,582.48 | 5,731,395.50 |
| E | 36,071.00 | 6,924,497.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| F | 6,347,657.47 | 1,789,304.30 | 19,010,301.24 | 16,429,306.33 | 4,073,517.50 | 4,630,595.40 |
| M | 3,235,830.80 | 796,686.46 | 0.00 | 2,175,261.48 | 221,878.80 | 773,187.55 |
| N | 1,279,585.50 | 151,906.66 | 0.00 | 284,100.86 | 139,596.11 | 92,091.95 |
| P | 2,957,584.00 | 2,959,256.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| W | 0.00 | 0.00 | 0.00 | 0.00 | 199,999.98 | 0.00 |
| TOTAL | 14,316,511.17 | 24,046,935.43 | 20,303,375.48 | 21,652,584.89 | 5,585,685.98 | 11,911,441.32 |

| net asset value |
| --- |
| EUR |
|  | 31 December 2018 | 31 December 2019 | 31 December 2020 |
| Class | of the subfund | Per share | of the subfund | Per share | of the subfund | Per share |
| A | 40,951,465.25 | 100.46 | 39,420,792.87 | 97.73 | 33,056,919.71 | 96.85 |
| B | 107.59 | 107.51 | 107.61 |
| E | 0.00 | 0.00 | 0.00 |
| F | 109.86 | 109.99 | 110.17 |
| M | 100.45 | 97.88 | 96.90 |
| N | 107.63 | 107.67 | 107.82 |
| P | 0.00 | 0.00 | 0.00 |
| W | 0.00 | 0.00 | 107.57 |
| TOTAL | 40,951,465.25 |  | 39,420,792.87 |  | 33,056,919.71 |  |

On the date of publication of this report, the net asset value per share is published on the following websites: www.dpamfunds.com and www.beama.be. This information is also available at the counters of the financial services department.
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Translation (ENFR, 2020-12-31):
# EVOLUTION DES SOUSCRIPTIONS, DES REMBOURSEMENTS ET DE LA VALEUR NETTE D’INVENTAIRE
| Evolution du nombre d'actions en circulation |
| --- |
|  | 31 décembre 2018 | 31 décembre 2019 | 31 décembre 2020 |
| Classe | Souscrites | Remboursées | Fin de période | Souscrites | Remboursées | Fin de période | Souscrites | Remboursées | Fin de période |
| A | 0,00 | 0,00 | 6,79 | 2,00 | 0,00 | 8,79 | 0,00 | 0,00 | 8,79 |
| B | 0,00 | 0,00 | 1.477,00 | 0,00 | 0,00 | 1.477,00 | 0,00 | 0,00 | 1.477,00 |
| TOTAL |  |  | 1.483,79 |  |  | 1.485,79 |  |  | 1.485,79 |

| Montants payés et reçus par l’OPC |
| --- |
| EUR |
|  | 31 décembre 2018 | 31 décembre 2019 | 31 décembre 2020 |
| Classe | Souscrites | Remboursées | Souscrites | Remboursées | Souscrites | Remboursées |
| A | 0,00 | 0,00 | 31.064,78 | 0,00 | 0,00 | 0,00 |
| B | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 |
| TOTAL | 0,00 | 0,00 | 31.064,78 | 0,00 | 0,00 | 0,00 |

| Valeur nette d'inventaire |
| --- |
| EUR |
|  | 31 décembre 2018 | 31 décembre 2019 | 31 décembre 2020 |
| Classe | du compartiment | d'une action | du compartiment | d'une action | du compartiment | d'une action |
| A | 25.792.926,64 | 14.718,58 | 29.553.879,22 | 16.457,45 | 30.373.668,01 | 16.696,18 |
| B | 17.395,41 | 19.911,48 | 20.465,09 |
| TOTAL | 25.792.926,64 |  | 29.553.879,22 |  | 30.373.668,01 |  |


## A la date de publication du présent rapport, la valeur nette d'inventaire par action est publiée sur les sites suivants: 
www.dpamfunds.com 

## et www.beama.be. Cette information est également disponible aux guichets du service financier.
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