Anlageziel Multiadvisers Macro Opportunities M USD Acc Fonds

The investment objective of the Sub-Fund is to achieve long-term capital appreciation. The Sub-Fund will invest primarily in Underlying Funds managed by managers seeking to profit from changes in global economies and the related price movements in various asset classes including, without limitation, interest rates, commodities (e.g., oil, metal and other physical substances), currencies and equities. These Underlying Funds may invest in any asset class, any geographic region and any alternative investment strategy including but not limited to investments in financial derivative instruments such as forwards, futures, options and OTC swap contracts.