The objective of the Fund is to outperform the €STR Index over medium-term under all market conditions pursuing an absolute return strategy. In order to achieve its objective, the Fund performs an active asset allocation into a diversified portfolio of debt related securities consisting of fixed rate and floating rate bonds of primarily public sector and sovereign issuers, money market instruments, as well as equities, UCITS, UCIs and Exchange Traded Funds ("ETFs") in major markets and currencies. Secondly, the Fund maintains for investment purposes a diversified portfolio of equity derivatives, interest rate derivatives, and currency derivatives, both on regulated markets and over the counter, as well as derivatives based on eligible financial indices on commodities. The average duration of the portfolio of the Fund will be between minus 5 years and 7 years. The Fund may use financial instruments and derivatives for hedging purposes, for efficient portfolio management purposes and for investment purposes. The Fund may also use TRS (and other FDI with the same characteristics) and securities lending techniques for the achievement of its investment objective.