The Sub-fund invests its assets with a particular focus on the companies ability to comply with international standards for environmental, social and corporate governance. The Sub-fund invests in companies that are undervalued in relation to their ability to generate cash flow over the long term. The Sub-fund invests a minimum of three-fourths of its Total Assets in Equity Related Securities issued by companies which are domiciled or exercise the predominant part of their economic activity in North America.