Long / Short Japan Corporate Governance IPC USD

The Fund seeks to grow capital and generate income by investing primarily in long and short positions on Japanese equity markets. Long positions in companies having a good corporate governance will be achieved through direct physical holdings and/or through financial derivatives whereas short positions in companies having a lesser corporate governance will be achieved through the use of financial derivative instruments. The Fund is actively managed and will invest in large cap equity and up to 10% in equities with a market capitalization below USD 1 billion. The Fund will also invest in government or Investment grade corporate issuer debt securities, money market instruments and cash deposits. The Fund is allowed to invest without limits in currencies other than its base currency (USD). These investments may or may not be hedged at the Investment Manager's discretion. The Fund is not managed in reference to a benchmark. The Fund may also make use of financial derivatives instruments for efficient portfolio management and hedging purposes. Derivative instruments include, but are not limited to: Contracts for Differences (CFD), equity swaps, basket swaps, FX forwards and/or Total Return Swaps (TRS). TRS are used as an integral part of the investment policy and on a continuous basis, regardless of market conditions, mainly for implementing components of the investment strategy to enhance returns than can only be achieved through derivatives. TRS may also be used, to a lesser extent, for implementing elements of the investment strategy for efficient portfolio management techniques such as gaining cost efficient long exposure. The current expected proportion of assets under management for this Fund that will be subject to TRS is of 0%. The current maximum proportion of assets under management for this Fund that will be subject to TRS is of 200% (with long exposure 100% and short exposure 100%). The Fund’s base currency is USD. Any income received by the Fund is reinvested (capitalisation share class). Investors in the Fund can subscribe and redeem units on a daily basis, except if it is a bank holiday in Luxembourg or if a decisive market is closed: United States (US), United Kingdom (UK) or Japan (JP). Details of the closing days are available here: https://www.ubp.com/en/ouroffices/ubp-asset-management-europe-sa. The recommended holding period is minimum 3 years.