Anlageziel

The Fund aims to grow investment over 5 years or more. The Fund invests at least 80% of its assets in shares of companies in developed countries on a global basis. The Fund may also invest up to 20% of its assets in companies in emerging markets, including China A-Shares via Stock Connect. The Fund may invest up to 10% of its net assets in China A-Shares via Stock Connect. Investment in companies may include shares, depositary receipts, preference shares, debt securities convertible into common shares or preference shares, warrants on securities and other equity linked securities. The Fund seeks to identify high quality companies with sustainably high returns on operating capital with strong franchises, powerful intangible assets including brands, networks, licences and patents, and pricing power.