Anlageziel

The Sub-Fund’s investment objective is to seek benefit from the long-term growth opportunities in the Latin American region. The Sub-Fund will invest a minimum of 80% of its net assets in equities or equity-linked securities from companies domiciled or with significant operations in Latin America (“Investment Instruments”). The SubFund will invest up to 70% (and as from 29 May 2018, up to 100%) of its net assets in ADRs from companies domiciled or with significant operations in Latin America (also deemed as “Investment Instruments”). Those Investment Instruments will generally be denominated in local currencies and USD in the case of ADRs.