Anlageziel

This Sub-Fund aims to generate returns by mainly investing in an actively managed portfolio of covered bonds and Money Market Instruments denominated in Euro. Covered bonds are secured, senior, debt securities of an issuer, usually a bank, that provide investors with recourse to both the issuer and the underlying, dynamic collateral pool. Measured over a period of several years this Sub-Fund aims to beat the performance of the Index as listed in the Appendix II of the Company’s Prospectus. The Index is a broad representation of the Sub-Fund’s investment universe. The Sub-Fund may also include investments into bonds that are not part of the Index universe.