The objective of the Fund is to increase the value of the Fund (capital appreciation) over the long term. The Fund intends to achieve this objective through investment in a portfolio of high-quality, long-term growth companies which typically are highly liquid and have long-established track records and resilient business models. The Fund will invest at least two-thirds of its assets in securities issued by companies that have their headquarters in, or principally carry out their activities in Europe. While the Fund will primarily invest in shares and other securities related to shares, it may invest in investment-grade debt securities.