Anlageziel

This sub-fund mainly invests in a global portfolio of equities. It is a thematic strategy where the Asset Manager will target a specific investment theme at any time but will have the discretion to switch the investment theme at any time, according to the market or macroeconomic cycle. The Asset Manager will allocate investments into equities according to the current investment theme. A pro-active and continuous approach is used to select the individual stocks and rebalance the portfolio on the basis of fundamental attractiveness, market capitalization and trading liquidity, portfolio diversification, and tactical sector and asset allocation objectives. Themes can be dropped or added when opportunities arise or when necessary. The sub-fund may invest no more than 10% of its managed assets in units of other UCITS or other collective investment undertakings comparable to a UCITS.