So investiert der Twelve Capital SICAV-SIF Twelve ILS Fund I (GBP) Fonds: The primary objective of the Sub-fund is to achieve attractive risk-adjusted returns for its Shareholders. In order to achieve its objective, the Sub-fund aims to build a diversified portfolio by gaining exposure to insurance risks and shall invest its assets predominantly in financial instruments the pay-off and value of which depend on the performance of insurance-related risks, including but not limited to, the occurrence or non-occurrence of insurance events (“Insurance-linked Securities”, “ILS”).