The investment objective of the Sub-Fund is to provide Unitholders with long-term capital appreciation through a sound diversification strategy. The
Sub-Fund’s investment policy follows a global perspective, selecting the target funds according to the market conditions and according to specific geographic and sector strategic orientation.
The Sub-Fund will primarily invest in UCITS and other UCIs subject to the following characteristics:
a) Under normal circumstances over two thirds of the Sub-Fund's assets will be invested in UCITS and other UCIs.
b) The Sub-Fund will not invest more than 50% of its assets in equity funds that specialise in emerging markets.
The Sub-Fund may use derivative instruments both to hedge financial risks as well as to create leverage.