LO Selection - Conservative (CHF) SA
The objective of this Sub-Fund is to achieve capital appreciation over the long term by investing worldwide - either directly or via units of UCITS or UCIs - in a diversified portfolio consisting of (i) fixed-rate and floating rate debt securities, including convertible bonds, (ii) equity and equity equivalent securities, (iii) financial derivative instruments, (iv) currencies and (v) Cash and Cash Equivalents. The Sub-Fund may be invested up to 100% of its assets in units of eligible UCITS/UCIs and/or in Cash and Cash Equivalents. Fixed-rate and floating rate debt securities will be graded BBB or better by the rating agencies described in paragraph 3.2 or of equivalent quality in the opinion of the Investment Manager. Up to 10% of the Sub-Fund’s assets may be invested in debt securities graded below BBB.