DIM SICAV-SIF, SCA The Long/Short Equity Fund, launched in May 2008, is a global directional alternative investment fund investing in equity and equity derivatives. It aims at delivering high risk adjusted returns with a low volatility portfolio. Its correlation with the equity market is significantly lower than a long only equity fund. In that respect, it presents a defensive approach in volatile or bear markets. It has a value, contrarian and event driven approach as well as an opportunistic investment strategy. The fund is a Luxembourg SIF managed by DIMlux. It holds circa 40 positions, has a high portfolio turnover. It invests mainly in Europe, the US and the BRIC. Its reference index is the HFRX Equity Hedge.