So investiert der Indosuez Alternatives Investments SA SICAV-RAIF Core European Fund of Real Estate Funds A EUR Inc Fonds: The Sub-Fund's investment objective is to target a positive return on a medium-term horizon through investments in any type of open-ended collective investment undertakings or other investment funds (“Underlying Funds” or “UFs”) that are managed by third party managers (“Underlying Managers”). These UFs have a real estate and real estate-related investment policy, subject to the geographical and other investment restrictions set out below, The targeted UFs will principally be non-listed open-ended funds investing in Europeanreal estate.