The objective of the sub-fund is to achieve long-term capital growth while giving due consideration to capital security, environmental and social criteria, as well as to the liquidity of assets. In compliance with risk diversification the Sub-Fund shall invest in equities, other equity shares such as cooperative shares and participation certificates (equities and equity rights), dividend-right certificates and warrants issued by companies which are primarily active in the economic sector given in the Sub-Fund’s name. The Sub-Fund may buy or sell futures and options on financial instruments or conduct transactions for non-hedging purposes involving options on securities. The Sub-Fund invests worldwide in companies with far-sighted and innovative approaches to energy usage and whose commitment to sustainability also takes into consideration environmental and social aspects. Investment focus includes: • “Renewables” such as wind, water, solar, biomass and geothermal power.