The Fund aims to protect at least 80% of the invested capital and provide a potential annual gain exceeding EURIBOR 1-month by the next reset date. The reset date is the date on which the Fund reset its objectives. The reset date occurs on the third Friday of November of each year if it is an Index Exchange Day for European equity markets; otherwise it is the preceding Index Exchange day. There is no guarantee that the Fund will achieve a positive return or protect the invested capital. Partial protection is provided by investing in fixed income securities. EURIBOR 1-month is not used for portfolio construction but for performance measurement purposes only. The Fund invests in investment strategies on European equities (eg. using derivative techniques on Eurostoxx 50 PR Index) that we believe have a high probability of reward. Hence, the Fund’s overall exposure may significantly exceed the Fund’s net assets. The Fund may also invest in other Funds to meet its objectives. You can buy shares in the Fund on the reset date. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The Fund does not aim to provide you with a dividend. It will reinvest all earnings.