The investment objective of the Sub Fund is to achieve superior absolute returns as well as superior risk-adjusted returns. The Sub-Fund will mainly invest in, but not limited to, equities. It will also invest in depositary receipts (American (ADR), International (IDR) and Global Depository Receipts (GDR)) for the purpose of gaining indirect exposure to equity and/or equity related securities. The Sub-Fund may also invest, on an ancillary basis, in money market instruments, financial derivative instruments, bank deposits, undertakings for collective investment (UCIs), debt instruments and in other eligible investments.