Anlageziel

The aim of the Sub‑Fund is to generate a return, irrespective of the market trends, with a reduction of risk in the event of a downturn and the possibility of a lower return, in the event of an upturn. For that purpose, the Sub‑Fund will be invested, with no specific limitation in terms of geographical sector, in equities, equity‑linked instruments and convertible bonds issued companies in all geographies and sectors. In order to meet the investment objective of the Sub‑Fund set out above, the Sub‑Fund may also invest up to 10% of its total assets in units of UCITS and/or other UCIs. In order to pursue the generally intended non-directional strategy, the Sub-Fund will take long positions in equities, equity-related securities and share indices that appear attractive, and short positions in equities, equity-related securities and share indices that appear unattractive, also by making use of derivative financial instruments.