Anlageziel

The fund seeks long term capital growth by investing in European Equity and Bond Markets in order to achieve over the medium to long-term a performance within a volatility range of 3% - 9% per annum. The assessment of the volatility of the capital markets by the Investment Manager is an important factor in this investment process, with the aim of achieving a performance typically not falling below or exceeding a volatility range of 3% - 9% per annum on a medium to long-term average, similar to a portfolio consisting of 40% European Equities and 60% medium-term Euro denominated Debt Securities. In times of high volatility / low volatility the Equity Market-oriented portion will be reduced / will be increased.