A SICAV (investment company with variable capital) incorporated in Luxembourg under the UCITS Directive. It has an umbrella SICAV structure, allowing it to have different sub-funds with different investment policies. It is managed by delegation by a team specialised in international funds and discretionary management investment solutions.
As with any other investment, you should be aware of the risks you take when investing in an investment fund, including credit risk, liquidity risk and derivative financial instrument risk.