So investiert der Leadenhall UCITS ILS Fund B EUR Acc Fonds: The investment objective of the Company is to seek to achieve risk adjusted absolute returns by investing in insurance linked bonds (being catastrophe bonds) and other permitted insurance linked investments, being preferred shares, closed-ended fund shares and exchange based derivatives (together “ILS”). ILS are primarily debt securities with an expected life which typically is between 12 months to five years and that transfer the risk of insurance events from issuers (which may be special purpose vehicles assuming risk from insurance companies, reinsurance companies, corporations or governments) to the holders of such ILS.