Anlageziel

The investment objective of the Subfund is primarily to achieve income and capital appreciation from bonds and other debt securities denominated in USDollar issued by corporate issuers while preserving the value of the assets. This Subfund aims to outperform the return of the Bloomberg Intermediate Corporate benchmark. The Subfund is actively managed. The benchmark has been selected because it is representative of the investment universe of the Subfund and it is therefore an appropriate performance comparator. The majority of the Subfund’s exposure to bonds will not necessarily be components of or have weightings derived from the benchmark. The Investment Manager will use its discretion to significantly deviate the weighting of certain components of the benchmark and to significantly invest in bonds not included in the benchmark in order to take advantage of specific investment opportunities.