ABN AMRO Funds

Statement of investments -Small Companies Europe Equity Fund 31-10-2005Statement of investments -Small Companies Europe Equity Fund 31-10-2005numberItaly31,840 Banca Popolare dell’Etruria e del Lazio 457 0.3320,290 Banca Popolare di Intra 219 0.16215,290 CIR-Compagnie Industriali Riunite 508 0.37239,270 Cofide 249 0.18111,480 Davide Campari-Milano 631 0.46166,720 Impregilo 475 0.3414,100 Tod’s 5555 673 55 0.493,212 2.33Luxembourg332,450 Gemplus International 681 0.506,791 Orco Property Group 5555 361 55 0.261,042 0.76Netherlands59,449 Aalberts Industries 2,412 1.7553,357 ASM International 593 0.43114,210 Getronics 1,186 0.8639,291 Koninklijke BAM Groep 2,660 1.93137,280 Unit 4 Agresso 1,833 1.3315,735 Van Lanschot 873 0.6357,830 Vedior 5555 644 55 0.4710,201 7.40NorwayPortugalTransferable securities admittedto exchange listing or dealt in onanother regulated marketmarketvaluex EUR 1,000 %40,970 Aker Kvaerner 1,779 1.29178,000 Cermaq 1,129 0.82247,500 Fast Search & Transfer 702 0.5183,830 ProSafe 2,423 1.7578,920 Schibsted 1,901 1.3846,820 TGS Nopec Geophysical 5555 1,473 55 1.079,407 6.8255,060 Jeronimo Martins 5555 662 55 0.48662 0.48numberTransferable securities admittedto exchange listing or dealt in onanother regulated marketmarketvaluex EUR 1,000 %United Kingdom (continued)129,040 Bespak 1,022 0.74316,602 Bloomsbury Publishing 1,569 1.14114,960 Bovis Homes Group 1,019 0.74234,465 Carter & Carter Group 1,317 0.962,154,883 Chime Communications 788 0.57365,344 Civica 1,261 0.91141,900 Cookson Group 666 0.48193,130 Dignity 1,128 0.82591,082 Erinaceous Group 2,577 1.87355,483 First Technology 895 0.65350,338 ICAP 1,789 1.3037,910 Intermediate Capital Group 695 0.504,096,706 Invensys 787 0.57324,011 iSOFT Group 1,910 1.381,080,590 Jessops 1,218 0.88305,744 Meggitt 1,367 0.99358,172 Monstermob Group 2,006 1.45334,170 PD Ports 649 0.4787,680 Peter Hambro Mining 1,011 0.73433,416 Petrofac 1,388 1.01698,811 Regal Petroleum 1,079 0.78140,587 RHM 538 0.39310,631 Serco Group 1,218 0.88176,198 Spectris 1,432 1.04266,389 Sportingbet 1,160 0.8481,333 Stanley Leisure 730 0.53756,361 Umbro 1,386 1.01270,665 Victrex 5555 2,340 55 1.7038,937 28.235555 55INVESTMENTS 132,525 96.09OTHER ASSETS LESS LIABILITIES 5,389 3.91TOTAL NET ASSETS 137,914 100.00SpainSweden6,020 Grupo Catalana Occidente 440 0.3234,060 NH Hoteles 426 0.31612,330 Telepizza 1,084 0.78337,420 Tubacex 5555 1,181 55 0.863,131 2.27220,610 Alfa Laval 3,493 2.53385,506 Anoto Group 812 0.59708,290 Boss Media 1,671 1.21150,560 Capio 2,170 1.57104,100 Hexagon - B - 2,046 1.4844,700 JM 1,551 1.1380,950 Nibe Industrier - B - 5555 1,710 55 1.2413,453 9.75Switzerland27,937 Actelion 2,620 1.9038,730 Charles Voegele Holding 2,359 1.7140,680 Kudelski 1,202 0.8735,780 Micronas Semiconductor Hold 1,010 0.733,090 PubliGroupe 5555 739 55 0.547,930 5.75United Kingdom836,938 888 Holdings 2,109 1.53170,770 Admiral Group 1,103 0.80374,400 Ashtead Group 780 0.5741