Anlageziel Ulysses - Tactical Fund A Fonds

The sub-fund will pursue a more sector-based investment strategy. To this end, the Management Company will identify, across global markets, the industrial, trade and financial sectors which are the best placed to take advantage in the long term of economic globalisation. The split between equities and bonds will be determined according to the economic and financial climate. Although, as a general rule, the sub-fund will be managed from a longterm perspective, the Management Company is authorised to take minority positions as part of an active trading approach. The sub-fund will be managed actively in order to take advantage of rapid movements in securities prices and in the markets in which it invests. The Management Company will identify securities and sectors which are undervalued and will leverage its market expertise to take advantage of any potentially profitable movements.