Anlageziel

The objective of this Sub-Fund is to provide Shareholders with a positive medium to longterm capital appreciation by dynamically allocating assets of the Sub-Fund within a diversified set of liquid instruments. In order to achieve its investment objective, this Sub-Fund will invest in liquid asset classes including but not limited to international equity, international fixed income, derivative instruments linked, inter alia, to equity indices, sovereign bonds, interest rate instruments, currencies, commodity indices and more specifically the Bloomberg Commodity Index (the Bloomberg Commodity Index is further described below under “General description of the Bloomberg Commodity Index”), exchange traded funds, Money Market Instruments and UCIs. The Sub-Fund will not invest in asset backed securities or mortgage-backed securities.