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The investment objective of the Sub-Fund is to achieve capital growth over 5 years via flexible allocation to fixed income and equity instruments. The Sub-Fund generally aims at achieving a gross return of 350 bps p.a. above the ICE BofA Euro Treasury Bill Index (EGB0). The Sub-Fund is actively managed. The Sub-fund refers to the ICE BofA Euro Treasury Bill Index for the purpose of performance comparison only. The Sub-Fund does not aim to replicate this Benchmark and the investment selection process is not influenced, nor constrained in anyway by this Benchmark.
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