AeAM Dutch Mortgage Fund 2

The Fund invests in Dutch mortgages originated by Aegon Hypotheken B.V and which are secured by private Dutch homes. The Fund acquires mortgages by subscribing to Aegon Hypotheken B.V.’s new mortgage production. In principal, a Vertical Slice of Aegon Hypotheken B.V.’s eligible new mortgage production is acquired, unless explicitly otherwise agreed between the Manager and Aegon Hypotheken B.V.. In addition, cash may be held to facilitate exit and distribution of dividends, for example. The use of other techniques, instruments and/or structures requires prior approval of the Meeting of Participants.

Goal

The investment policy is aimed at achieving a higher return, before management fees, than the benchmark as a consequence of the spread between Dutch mortgages and Dutch government bonds.