The objective of the fund is to generate a return which as a minimum is equivalent to the return of the emerging markets index. The fund mainly invests in equities or equity-equivalent securities. The fund pursues an active investment strategy and primarily invests in listed emerging market companies, i.e. in equities traded on marketplaces in emerging market countries or in companies domiciled in or with major activities in emerging markets. The fund’s benchmark is MSCI Emerging Markets incl. net yields.