arman vardanyan, fund manager, absolute portfolio management luxembourg, 4 november 2011

contact@e-mfp.eu www.e-mfp.eu

Arman Vardanyan,

Fund Manager,

Absolute Portfolio Management

Luxembourg, 4 November 2011

Absolute Portfolio Management – investment management company, specialist in alternative investments and microfinance.

contact@e-mfp.eu www.e-mfp.eu

Dual Return Fund Key Social Performance Facts:

96% of MFIs have a written, formal social responsibility policy or code of conduct

83% of the MFIs provides good-quality social information to its stakeholders through a diversified range of communication channels (MIX Market etc.)

95% of MFIs strive to promote diversity among loan officers and hire staff that reflects the clients served

82% of MFIs have an exclusion list on lending

83% of MFIs implement a rigorous system to determine a client’s level of indebtedness

90% of MFIs have fair and not coercive collection policies

Source: Symbiotics Social Responsibility Assessment

contact@e-mfp.eu www.e-mfp.eu

Social Responsibility Report (the Symbiotics social rating tool) 100 indicators in line with industry standards, the MIX, UN Reporting Initiative

Social governance

Labor climate

Financial inclusion

Client protection

Product quality

Community engagement

Environmental policy

contact@e-mfp.eu www.e-mfp.eu

Regular communication: Monthly fund factsheets and country reports

Monthly institutional investor report (incl. Social impact)

Fund updates and articles in the media

Website: www.visionmicrofinance.com

Communication material: brochures, leaflets, etc.

Customized replies to investors’ enquiries