The Fund invests predominantly (80% to 100%) in a diversified portfolio of assets long/short equity in emerging markets, geographical area without casting (focused on the Asia/Pacific/Japan regions). The strategy long/short equity aims to deliver absolute returns, low correlation to the behavior of equity markets. The Fund's objective is to deliver superior performance compared to its index with a volatility of between 5 and 8%. The Hurdle rate is 50% EONIA + 50% MSCI Emerging Markets Index. The Funds actual inception date is January 25th, 2005.