The investment objective of the Sub-Fund is to invest its assets primarily in equity securities and other equivalent securities of companies admitted to an Official Listing or dealt in, on a Regulated Market in developed countries of Europe, USA and Asia.Secondarily the Sub-Fund invests in equity securities and other equivalent securities of companies admitted to an Official Listing or dealt in, on a Regulated Market in countries not included in the above paragraph, bank deposits, money market instruments, fixed income securities and structured financial instruments, as well as in financial derivative instruments for the purposes of efficient portfolio management or hedging.Liquidities, undertakings for collective investments, financial derivative instruments, structured financial instruments, securities lending and repurchase agreements may be used within the limits described in sections 3.1. and 4. of the Prospectus.