To provide long-term capital appreciation, primarily through an exposure to investments in a portfolio of equity securities with a particular focus on emerging markets with a high growth and profitability potential. Buy and hold is applied to a limited, yet diversified, selection of securities in the area of emerging market considered by the Investment Manager as offering the greatest potential for profitability. The Fund is normally fully invested. Hurdle Rate: (MSCI EM Daily Net TR). The Fund incepted December 17, 2010. AUM reflects the aggregate of the various share classes and is denominated in EUR. The minimum investment is demoninated in GBP.