Objectives and investment policy
The objective of this fund is to obtain the highest possible return by investing in a combination of equities and fixed income instruments through a conservative long-term investment policy. The fund is accumulating.
The fund is broadly diversified to minimize asset class specific risks. The fund invests directly in transferable securities listed or traded on regulated markets and money market instruments. The fund also invests in units or shares of other open-ended UCITS and other UCIs. Investments may include fixed income instruments with a credit rating below BBB- (Standard & Poor’s) or Baa3 (Moody’s). 10% of the portfolio must be invested in equities.
The fund can be leveraged by using derivatives. Usually the expected level of leverage is between 95-225%.
The main part of the fund's NAV will be hedged against the base currency of the fund. However, the fund remains exposed to the currencies of the investments in the fund.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 5 years.