| SIX Exchange | Switzerland Country |
The core mission of the Sub-Fund is focused on achieving sustained capital growth over the long term through primarily investing in convertible bonds. This investment strategy centers around creating a diversified portfolio predominantly comprised of convertible bonds, which are securities that can be converted into a predetermined amount of the company's equity at certain times during their life, usually at the discretion of the bondholder. This unique approach leverages the potential for capital appreciation inherent in equities while aiming to protect against downside risk through the fixed income characteristics of bonds.
A cornerstone of the Sub-Fund's investment strategy, convertible bonds represent a hybrid investment option offering the possibility for capital growth through conversion into equity while providing income through regular interest payments. These instruments are selected based on rigorous analysis with the aim of including those with the best potential for growth and stability, aligning with the Sub-Fund’s long-term capital growth objective.