Anlageziel

The objective of this Sub-Fund is to offer optimized and actively managed investment grade market exposure. To this end the Sub-Fund which is denominated in EUR, invests its net assets primarily in investment grade bonds, money market Instruments, term deposit, and derivatives. Exposure to fixed income will for a substantial part be synthetic through derivatives, in particular futures for interest rate exposure and CDS for credit exposure, as well as but not limited to, swaps and options denominated in any OECD currencies. Derivative implementation, used to efficiently gain exposure to investment markets, will be at the Investment Manager discretion and can be up to 100% of the Sub-Fund’s exposure.