The Sub-Fund’s investment objective is to create a long term positive return. To attain these objectives, the Sub-Fund investments will be made through a globally diversified portfolio mainly consisting of equities related to the areas of Renewable Energy, Clean Technologies, Water Management and Water Distribution. The selection of the stocks is performed with the help of both qualitative and quantitative analyses focusing on the profitability (Corporate Fundamental Analysis), the growth opportunities of the companies, valuation and technical analysis. The Sub-Fund is aiming at a lower risk than the MSCI World Index, risk being measured by the standard deviation of returns. The Sub-Fund intends to pursue a buy-and-hold strategy (i.e. low turnover ratio).