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The objective of the sub-fund is to invest in euro-denominated investment-grade bonds at a target weighting of 75% of assets (of the sub-fund) and in European mid- and largecaps at a maximum weighting of 25% of assets. The bond sub-portfolio is managed based on the duration concept, whereas the stock market sub-portfolio is based on the beta concept (the sectoral distribution of investments being similar to that of a large panEuropean stock exchange index).
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