The objective of the Sub-Fund is to seek long-term capital growth while reducing the risk of capital loss. The Sub-Fund seeks to achieve this objective through the acquisition of financial instruments at market value substantially below their intrinsic value. For this, the Sub-Fund shall invest principally in global corporate shares of developed countries. The investments shall not be subject to any geographical, sectorial or monetary limitation. The Investment Manager will seek to achieve long-term total returns by investing in companies whose core business aims to generate social and/or environmental change alongside a financial return. This means that the Investment Manager will only invest in companies that have a clearly stated and significant commitment and contribution to at least one sustainable development goal of the United Nations Principles for Responsible Investment sustainability goals, which can be found under the following website: https:// sdgs.un.org/goals. The Investment Manager will determine whether the relevant target companies comply with this criterion based on publicly available information and on information specifically requested from the target companies. The Sub-Fund may invest up to 20% of its net assets in emerging markets, including by investing in China H-Shares or in ADR/GDR listed on an United States stock exchange and which may grant exposure to Chinese companies.