so investiert der Leopard Fund - EVSL Equity Managers A EUR H Accumulation Fonds: The investment objective of the Sub-Fund is to build a diversified portfolio of securities issued by companies or by governments or their local authorities established, listed or traded worldwide, providing exposure to a portfolio of assets comprising global equities, bonds, cash and money market investments as described below. The Sub-Fund will primarily invest directly or indirectly through third party investment funds, in equities of public issuers quoted or traded on official stock exchanges in OECD and emerging countries. The Sub-Fund will primarily seek to achieve its investment objective by investing its net assets in third party UCITS and UCIs (including ETFs) which may represent up to 100% of the Sub-Fund’s net assets. The Sub-Fund's exposure to equities will be up to 100% of the Sub-Fund's net assets, although it may vary significantly from this level, depending on market conditions with a minimum equity exposure of 50% of the Sub-Fund's net assets.