Anlageziel

The Sub-Fund aims to seek a consistent, absolute return while placing emphasis on the preservation of capital in the medium term. The Sub-Fund’s long term objective is to realize an annualized total return of 6% above the return of the daily capitalized EONIA index, while trying to minimize drawdown through active management. The investment strategy is based on the identification of the emerging markets which show the best investment opportunities. However, the Sub-fund may invest up to 50% of its net assets in developed markets. The allocation of the portfolio between the different asset classes (equities, convertible bonds, other corporate bonds, government bonds and money market instruments) may vary according to the Investment Manager’s expectations. The allocation will be done either directly or indirectly through other UCITS and/or UCIs, including UCITS/UCIs which are established as Exchange Traded Funds, whose investment policy is in line with that of the Sub-Fund.