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The investment objective of the Sub-Fund is to achieve capital growth in the long term by investing primarily in equity and equity related instruments and, in addition, in money market instruments, cash, currencies, time deposits and other interest bearing securities and to target a gross return of 5% p.a. above 3 month Euribor. The Sub-Fund is actively managed. The Sub-fund refers to the 3 month Euribor Index for the purpose of performance comparison only. The Sub-Fund does not aim to replicate this Benchmark and the investment selection process is not influenced, nor constrained in anyway by this Benchmark.
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