So investiert der LO Funds - Defensive Systematic Alternative Solution (USD) PA Fonds: The Sub-Fund is actively managed. The Sub-Fund is not managed in reference to an index. The Sub-Fund seeks to mitigate significant downside market risk, and has been designed to provide a hedge solution against market declines and rising volatility. It invests in rule-based long/short strategies, which can be classified, but not limited to, two main groups: Risk-off Convexity and Diversifying Income.