Long term capital growth by investing in global Equity, European Bond and Money Markets in order to achieve over the medium-term a performance comparable to a balanced portfolio within a volatility range of 5% - 11%. The assessment of the volatility of the capital markets by the Investment Manager is an important factor in this process, with the aim of typically not falling below or exceeding a volatility of the Share price within a range of 5% - 11% on a medium to longterm average, similar to a portfolio consisting of 50% global Equity Markets and 50% medium-term Euro Bond Markets. In times of high volatility / low volatility the equity market-oriented portion will be reduced / will be increased.