The Fund's objective is to deliver long term absolute returns to its shareholder by investing in emerging and frontier market equities with a focus on bringing positive changes in ESG (Environment, Social and Governance) standards applied by underlying portfolio companies. The Fund does not use any benchmark and follows an active investment style including shareholder advocacy and engagement with key stakeholders in its portfolio companies. The Fund invests mostly in equities, however other related instruments may also be used such as equity-linked securities (Global Depositary Receipts, American Depositary Receipts, participation notes, etc.). The Fund may also invest in money market instruments and cash deposits in various currencies as well as bonds issued by governments or corporations. Financial Derivative Instruments (FDIs) can be used selectively from time to time for hedging purposed. Under normal market conditions the Fund portfolio should typically consist of 35-45 holdings representing listed emerging and frontier companies. The portfolio companies are selected using a bottom up research approach utilising the internal research team, as well as external professionals and expert networks. Investors may redeem their shares every bank business day in Luxembourg. The revenues of the fund will be distributed yearly after the financial year end. The base currency of the Fund is USD.