The Company aims to achieve consistent absolute returns primarily derived through trading in equities of companies incorporated in or whose principal operations are in Europe (including Eastern Europe). The Company aims to generate a target annualised return of 12% to 16% per annum at a target volatility of approximately 5% to 7% per annum. The Company will seek to achieve this by appointing Marshall Wace LLP to invest the Companys assets in the Underlying Funds, indirectly investing in European equity markets through the Underlying Funds. The Company will invest 45% of the net proceeds of the Global Offering in Sub-Trust C (Opportunistic-Hedged) of the TOPS Trust and 45% in (Sub-Trust D) (Fundamental-Hedged) of the TOPS Trust using Marshall Waces Trade Optimised Portfolio System. TOPS is a framework of proprietary Marshall Wace applications and models which seek to capture, appraise, optimise and act upon securities trading ideas received from its extensive network of contributors within the brokerage community.