The Fund aims to achieve a real return in EUR (i.e. a return above inflation) over a market cycle. The Fund seeks to achieve its objective by gaining exposure to at least 50% of its NAV in inflation-linked bonds and other inflationlinked debt instruments, issued globally. In addition, up to 50% of the NAV of the Fund may be invested in aggregate in other debt securities issued by governments, supranational bodies, local authorities, national public bodies, corporate debt, convertibles, securitised debt (such as MBS and ABS), eligible loans as well as cash, cash equivalents and other Money Market Instruments. The investment in debt securities may be investment grade, non-investment grade as well as unrated debt securities.