Flossbach von Storch - Der erste Schritt
The objective of the sub-fund investment policy is to achieve reasonable growth and interest income while taking into consideration the risk involved for the investors. In accordance with the principle of risk diversification, the sub-fund's assets are mainly invested internationally in fixed-interest securities, equities and money market instruments. To achieve the investment objectives, the sub-fund assets are invested in accordance with the principle of risk diversification in shares, fixed-interest securities (including corporate bonds), money market instruments, bonds of all types, including zero coupon bonds, inflation-linked bonds, variable interest securities, fixed-term deposits, derivatives, certificates and other structured products (e.g. reverse convertible bonds, warrant-linked bonds, participation certificates with warrants, convertible bonds, convertible participation certificates) and in liquid funds.
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