Direct and indirect investments into the equity and bond markets of the Latin American Continent with long-term capital growth in USD being the objective. The Sub-Fund will (directly or indirectly) 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 may also invest in warrants.
The Sub-Fund may use derivatives either for investment purposes or for hedging the risk of the portfolio.