The fund's objective is to seek long-term capital growth by investing at least two thirds of the assets in Japanese equities. The value stock picking approach aims to select companies presenting a divergence between their under-valued share prices and their improving firm values, in order to benefit from out performances resulting from a future correction of the stock prices evolution. The remaining part of the assets may be invested in the values and instruments described under "Introduction to the Equity Sub-Funds". The “Topix Tokyo SE” index represents the reference indicator of the Sub-Fund. The base currency of the Sub-Fund is Japanese Yen.