Absolute Income

Investment Objective
The Investment Objective of the Sub-Fund is to generate absolute returns.

Investment Policy

The Investment Manager shall invest primarily in a diversified portfolio of UCITS and/or eligible non-UCITS Funds (including, but not limited to, balanced, flexible, total return, absolute return and innovative funds); FDIs (including futures, forwards, options and contracts of difference); currencies; and eligible ETFs. In addition, the Investment Manager may invest in transferable securities (including equities and sovereign and/or corporate bonds) and money market instruments.

The selection of UCITS and/or eligible non-UCITS Funds will, among other things, be based on market analysis and an assessment of the investments made by the collective investment schemes. The maximum investment management fees of the UCITS or eligible non-UCITS Funds in which the Sub-Fund may invest shall not exceed 2.5% per annum of the NAV.

The Sub-Fund will generally invest in assets denominated in EUR, GBP, CHF and USD.

The Sub-Fund is expected to mainly target the European and US markets, but is not expected to have any bias towards any specific industrial or other market sector. Subject to the “Investment Objectives, Policies and Restrictions”, the Sub-Fund will not implement any other specific allocation thresholds in respect of the assets it may invest in.