The fund’s objective is to invest directly and indirectly in the equity and bond markets of India with longterm capital growth in USD being the objective. The Sub-Fund will invest a minimum of 60% of its net assets in quoted equities and equity related securities. The Sub-Fund may also invest in fixed income securities and money market instruments. The Sub-Fund will try to achieve a defined absolute investment return per year, rather than being driven by an index or market cap. The Sub-Fund aims to achieve its objective initially through investments into other undertakings for collective investment which have an existing portfolio of assets related to India in order to be able to quickly gain a diversified exposure to the targeted market. This Sub-Fund may also invest in investment funds which primarily invest in the same type of securities as described above. The Sub-Fund may also invest in warrants.