The investment seeks medium to long term appreciation of the capital.
The fund primarily invests in equity securities of superior quality with improving fundamentals and attractive valuations. Valuation is focused on cash based metrics and the intrinsic value of a business. The investments are not subject to geographical or sectorial limitations. It may hold liquid assets. For the purpose of placing its liquid assets, it may invest in any UCITS and/or other UCI investing in money market instruments or in debt securities, securities, subject to the requirement that the Sub-Fund may not invest more than 10% of its net assets in UCITS or other UCI units at any time.