So investiert der 1ST SICAV - Italy Class I EUR Accumulation Fonds: The Sub-Fund will seek to achieve its investment objective by investing at least 60% of the Net Asset Value of the Sub-Fund in common stocks of the Italian market Investment Policy of the Sub-Fund The Sub-Fund will, therefore, have a predominant exposure to the Italian equity sector (min 60%). The Sub-Fund will also invest in bonds denominated in a European currency issued by commercial, governmental or supranational entities. Investment in bonds may include investment in investment- grade or below investment-grade corporate or government bonds, which have a fixed or floating rate.