The investment objective of the sub-fund is to increase the value of the portfolio of European equities, using a systematic security selection approach combining several factor styles, while taking into account Environmental, Social and Governance (ESG) criteria. The sub-fund invests at least 90% of its assets in equities by companies that have their registered offices or conduct the majority of their business activities in Europe. The sub-funds portfolio will be built based on a systematic approach, combining several factor criteria such as, but not limited to, Quality, Value, Momentum and Low-Volatility.