Anlageziel

To provide long-term capital appreciation. The sub-fund targets long-term capital growth. The sub-fund is managed through a bottom-up/stock-picking, research driven approach. The proprietary research framework is designed to detect high quality businesses with sustainable competitive advantage and profitable growth potential. These companies should trade at a significant discount to their intrinsic value, according to the investment manager. The outcome is an all cap, focused portfolio of 30 to 40 holdings (however this could vary according to market conditions).