Anlageziel Global Evolution Funds - Frontier Local Markets Z-A Shares USD Fonds

The investment objective of the Sub-Fund is to create returns by investing in a diversified selection of investment opportunities within Frontier Markets. At least 60% in transferable debt securities and money market instruments issued or guaranteed by sovereigns, supra-nationals and/or multilaterals from Frontier Markets; and financial derivative instruments, credit-linked notes and loan participation notes that provide exposure to Frontier Markets; - At least 60% in securities and financial instruments denominated in local currencies; - Up to 40%, may be invested in transferable debt securities and money market instruments from anywhere in the world; - Up to 10% in loan participation notes; - Up to 49% in money market instruments.