So investiert der AZ Fund1 - AZ Alternative - Arbitrage Plus B-AZ Fund Inc Fonds: The Sub-fund's investment objective is to achieve moderate medium-term capital growth. The Sub-fund is actively managed and aims to deliver positive absolute returns on the basis of a merger arbitrage strategy that entails gaining exposure to companies involved in extraordinary corporate finance transactions that have already been publicly announced (primarily mergers and acquisitions, but also spin-offs and any other forms of corporate restructuring) or that market participants know to be possible (on the basis of coverage in the media and/or specialised economic information sources).