DELOS SMALL CAP DOMESTIC EQUITY FUND H.C.M.C. Rule 113/04.03.1999

Risk Profile NBG Asset Management MFMC 103-105 Syngrou Avenue 117 45,

Tel. +30 210 900 7400

Fax.+30 210 900 7499 www.nbgam.gr The investment objective of the Mutual Fund is the highest possible return, through the capital appreciation of its investments. The Mutual Fund mainly invests in a well-diversified equity portfolio, focusing on mid and small market capitalization stocks listed mainly in the Athens Stock Exchange.

Report Date 31/12/2017

FUND INFORMATION PERFORMANCE MUTUAL FUND Currency EUR 3 Years Cumulative Return (31/12/2014- Fund Size (mm) 40,70 31/12/2017) Launch Date 2/4/1999 30% ISIN GRF000038007 20% Bloomberg Code DELSCDE GA EQUITY 10%

RETURNS 0% Ytd 1 Year 3 Years -10% (01/01/2017- (31/12/2016- (31/12/2014- -20% 31/12/2017) 31/12/2017) 31/12/2017) Mutual Fund 31,82% 31,82% 23,61% -30% Until 15/02/2017 the Mutual Fund used the following benchmark: Greek Mid & Small Cap Index Since 16/02/2017 the Mutual Fund does not use Benchmark. STATISTICAL DATA (3 years rolling) (31/12/2014-31/12/2017) ASSET ALLOCATION Fund Sharpe Ratio 0,32 Cash/Other 0,9% Annualised Standard Deviation 24,59% Maximum Monthly Return 20,39% Minimum Monthly Return -13,40% Months with Positive Return 21

Months with Negative Return 15 Equity Top 10 Holdings 99,1%

JUMBO SA 7,1% MOTOR OIL (HELLAS) SA 6,5% Sector Breakdown SA 6,4% SA 5,6% Industrial 19,6% CO-PREF 5,0% Consumer, Cyclical 19,6% LAMDA DEVELOPMENT SA 4,1% Financial 18,3% 4,1% Energy 15,5% S.A. 4,0% Utilities 13,3% ATHENS WATER SUPPLY & SEWAGE 4,0% Consumer, Non-cyclical 11,8% GRIVALIA PROPERTIES REIC 4,0% Technology 1,0%

Total 10 Holdings 50,7% Total 20 Holdings 83,1% Total Number Of Holdings 35 Country Exposure Currency Exposure

GREECE 90,4% EUR 100% BELGIUM 8,8%

The Mutual Fund 's net asset value is possible to have high volatility due to its portfolio composition. Further information about this Mutual Fund, copies of this document, the Regulation, the Key Investor Information Document (KIID), the Prospectus, the Annual and Semi-Annual Report are available free of charge in Greek from the Management Company, the network and are available free of charge in Greek on the website of NBG Asset Management MFMC: www.nbgam.gr. Note that the units of the Mutual Fund are distributed in Greece. Furthermore, this document, Key Investor Information Documents (KIID) and Prospectus are available free of charge in English on the website of NBG Asset Management MFMC: www.nbgam.gr. The material herein is for informational purposes only and does not substitute the mutual funds’ full documentation. Under no circumstances should this information be considered as an offer to sell or a solicitation to buy any security or other financial instrument and under no circumstances should the contents of this document be considered as investment advice, investment research, financial analysis or other form of general recommendation relating to transactions in financial instruments.

UCITS DO NOT HAVE GUARANTEED RETURNS AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RETURNS