The Sub-fund’s investment target is to outperform the MSCI World index in EUR. Investments are made in equities and other equity-related securities across the world. Depending on the actual situation, the investment focus may be on large-cap companies or also on small and mid caps.
Up to 25% of the Sub-fund's assets may be invested in: Bonds, convertible bonds and warrant bonds whose warrants are issued on securities of companies worldwide that are denominated in a freely convertible currency. Notwithstanding the desired risk diversification, the Sub-fund’s assets may temporarily be concentrated on certain countries and sectors.
The Sub-fund may hold a higher allocation of liquid assets on a temporary basis.