# 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 | 345,041.68 | 860,102.26 | 4,469,979.02 | 450,703.79 | 556,375.56 | 4,364,307.25 | 474,383.71 | 340,614.32 | 4,498,076.64 |
| B | 265,347.98 | 257,320.62 | 2,164,284.58 | 142,221.00 | 146,353.05 | 2,160,152.53 | 321,832.53 | 204,473.36 | 2,277,511.69 |
| F | 31,186.09 | 0.00 | 31,186.09 | 56,338.75 | 1,918.49 | 85,606.36 | 582,951.77 | 58,287.57 | 610,270.56 |
| M | 424,237.00 | 194,271.97 | 475,919.03 | 29,455.91 | 60,238.58 | 445,136.37 | 43,810.24 | 47,917.34 | 441,029.27 |
| N | 85,283.64 | 5,455.91 | 124,732.13 | 7,710.31 | 15,375.95 | 117,066.49 | 13,756.36 | 8,452.86 | 122,369.99 |
| W | 0.00 | 0.00 | 0.00 | 917.71 | 0.00 | 917.71 | 11,795.00 | 0.00 | 12,712.71 |
| TOTAL |  |  | 7,266,100.86 |  |  | 7,173,186.70 |  |  | 7,961,970.86 |

| 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 | 48,592,318.97 | 119,781,046.42 | 62,822,511.89 | 79,414,476.08 | 69,482,394.38 | 49,892,657.25 |
| B | 39,948,920.33 | 38,725,225.05 | 22,440,266.15 | 22,849,931.73 | 51,962,962.56 | 32,449,629.97 |
| F | 4,746,909.87 | 0.00 | 8,895,485.38 | 311,988.47 | 85,826,849.07 | 8,961,966.37 |
| M | 59,439,375.80 | 27,370,886.45 | 4,241,435.35 | 8,598,415.31 | 6,713,032.68 | 7,146,281.22 |
| N | 12,814,101.46 | 825,083.56 | 1,213,544.29 | 2,440,115.79 | 2,366,956.56 | 1,334,240.29 |
| W | 0.00 | 0.00 | 149,999.86 | 0.00 | 1,991,490.53 | 0.00 |
| TOTAL | 165,541,626.43 | 186,702,241.48 | 99,763,242.92 | 113,614,927.38 | 218,343,685.78 | 99,784,775.10 |

| 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 | 977,702,665.82 | 131.09 | 1,125,869,162.97 | 152.30 | 1,340,454,117.63 | 161.99 |
| B | 141.78 | 166.14 | 178.00 |
| F | 142.30 | 167.60 | 180.64 |
| M | 131.72 | 153.10 | 162.74 |
| N | 142.45 | 167.77 | 180.74 |
| W | 0.00 | 166.25 | 179.21 |
| TOTAL | 977,702,665.82 |  | 1,125,869,162.97 |  | 1,340,454,117.63 |  |

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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