AP Multiasset Strategy Index
The Index reflects the performance of a virtual investment managed on the basis of a Strategy. This Strategy is determined by the Index Sponsor and the Index Sponsor is solely responsible for it. The Index Calculation Agent neither advises nor assists the Index Sponsor in connection with the preparation or implementation of the Strategy. The Strategy of the Index Sponsor is to seek capital appreciation also by selecting investment funds on a discretionary basis according to a proprietary selection model The Index Sponsor will not focus on a geographic region and will select either Equity and Bond Funds, which according to his research and knowledge will be appropriate to achieve capital growth.
FX Swaps and FX Forwards will be used to hedge Forex exposure. Additionally the Sponsor might take some active Forex exposure to optimize the expected return.