Investment Objective
The fund’s investment objective is to achieve capital appreciation from capturing relative value between the implied and realized volatility of the EURO STOXX 50 Index, Europe's leading Blue-chip index for the Eurozone, providing a Blue-chip representation of supersector leaders in the Eurozone, whilst maintaining low volatility of returns as well as limited correlation to the equity markets. To achieve its investment objective, the Fund will implement the Enhanced Volatility Premium Strategy, a proprietary, systematic and quantitative strategy developed by Merrill Lynch International.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.9 | 0.3 | 0.5 | 0.3 | 1.0 | 0.7 | 0.7 | 0.1 | 0.3 | 0.3 | 1.0 | 0.2 | 0.0 | |
| 2020 | 0.8 | 0.8 | 0.8 | 0.3 | 0.0 | 0.6 | 0.6 | 0.8 | 0.4 | 0.2 | 0.5 | 0.7 | 0.6 |
