The objective of this sub-fund is to provide its investors with capital growth, principally by investing in transferable securities of Italian issuers. At least two thirds of the sub-fund's assets are invested at all times in equities and other similar instruments issued by companies having their registered office in Italy. The sub-fund shall not invest more than 10% of its net assets in units of UCITS and/or other UCIs. The sub-fund may also invest in derivative financial instruments in order to manage its portfolio efficiently and to protect its assets and liabilities but also by way of a principal investment. Minimum investment is 1 euro.