So investiert der Pareturn Cartesio Equity I Fonds: The investment objective of the Sub-Fund is the long-term capital appreciation through realised gains, offering a substantial protection for its capital. Its objective is to exceed the profitability/risk offered by European equities represented by the MSCI Pan Euro Index. In order to achieve the investment objective, the Sub-Fund will invest principally in equities. The investment levels in equities may vary widely, depending on the market risk, in favour of monetary assets or fixed income. With the aim of reducing the market risk exposure, the Sub-Fund may alternatively enter into derivatives for hedging purposes.