So investiert der Alpinum SICAV-SIF - Defensive Bond Fund A USD Acc Fonds: The DB Sub-Fund seeks to provide investors with absolute returns whilst minimizing risk to their investment. The DB Sub-Fund seeks to achieve its investment objective by investing directly or indirectly across a range of market sectors, worldwide in fixed income securities offering a range of maturities and credit ratings issued in various currencies, as well as in derivative financial instruments. The DB Sub-Fund will be exposed directly or indirectly to fixed income focused funds, certificates, fiduciary deposits and cash. In addition, the DB Sub-Fund may invest directly or indirectly in global fixed income instruments as issued or traded in European countries as well as in the United States of America. Fixed income instruments held may include bonds (government/corporate), bank loans as well as asset-backed securities and credit default swaps.