So investiert der ISEC SICAV RAIF-CABA FLEX 4 E Fonds: The Sub-Fund is a fixed income hedge Fund. The Sub-Fund's principal investment objective is to seek to provide an attractive level of current income, consistent with prudent investment management and capital preservation. To achieve its investment objective, the Sub-Fund will invest in a portfolio of mortgage credit bonds, secured by real estate, issued by private issuer located in Denmark, Norway, Sweden, Germany, France, Spain, Holland, Austria, Finland or UK (the “Covered Bonds”) and government bonds (hereafter together the “Bonds”). The Investment Manager will acquire and hold (long position) the Covered Bonds and for the purpose of hedging interest rate risks, short sell the government bonds and/or enter into interest rate swap transactions.