The Fund seeks long-term capital appreciation. The Sub-Fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. Under normal market conditions, the Sub-Fund invests at least 80% of its net assets in emerging markets equity securities. Equity exposure is achieved directly through investment in equity securities and/or indirectly through participatory notes, convertible securities, equity linked notes and/or certificates. The Investment Manager may also invest in equity securities through ADRs, CDRs, EDRs, GDRs, IDRs and similar depositary receipts as well as equities denominated in U.S. Dollars issued by Non-U.S. Issuers.