BCV Fiscal Strength Government Bonds seeks to achieve long-term capital appreciation within the framework of a bond investment policy defined by Banque Cantonale Vaudoise. This investment policy is based on the dynamic management of a government bond portfolio that focuses on the economic fundamentals of the countries under consideration, their maturities, and associated rate and currency risks. The Subfund invests primarily in bonds, denominated in all currencies of high-quality public-sector bond issuers worldwide. The Subfund's share in high yield and other speculative securities is limited for each to a maximum of 10% of the Subfund's assets.