The fund invests in financial services companies such as banks, consumer finance companies, investment banks, asset management and insurance companies. The portfolio is diversified across different countries. Measured over a period of several years, we aim to beat the performance of the benchmark MSCI World Financials NR. We strive to add value to the fund by stock selection based on a thorough company analysis. We consciously weigh the upside potential from the current share price against the risks involved before including a stock in the fund.