| Investment Objective
The Fund aims to achieve long-term capital appreciation by investing primarily in a diversified portfolio composed of equity securities of large capitalisation companies, which are companies similar in size to those in the S&P 500 Index, including common and preferred stocks, which (i) have their registered office in the United States and/or (ii) have their principal business activities in the United States and/or (iii) are holding companies holding principally participations in companies incorporated in the United States.
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