So investiert der Ninety One Global Alternative Fund 1 Multi-Asset Credit Defensive Fund S EUR Acc Fonds: The Sub-Fund will aim to provide Shareholders with long-term total returns primarily through investment in a diversified portfolio of corporate and asset backed fixed and floating rate debt securities and permissible derivatives. The Sub-Fund targets a return of Euribor 3 Month +3% per annum over a rolling 5 year period. The Sub-Fund’s portfolio is to consist of (i) Debt Securities, (ii) non-securitized bank loans, (iii) Structured Credit, (iv) cash or Cash Equivalents as well as (v) derivatives. The Sub-Fund will not invest in other assets.