The Sub-fund seeks to pay out sustainable annual distributions and to preserve capital at the Sub-fund’s Maturity Date (as defined below). The Sub-fund will invest in a concentrated portfolio and will focus on current income plus capital preservation at the Maturity Date. The Sub-fund will exclusively invest in debt securities only denominated in EUR or in USD. The Sub-fund will invest in both developed and Emerging Markets debt securities. The understanding of the Emerging Markets is defined in the International Monetary Fund list and applicable at the Sub-fund Launch Date. The percentage of Emerging Markets debt securities will not exceed 20% of all debt securities.