The fund's objective is to invest a significant proportion of the fund outside the countries that are members of the European Economic and Monetary Union. Since the fund's assets are valued in euros, the fund's value will fluctuate not only in response to changes in asset values but also in response to changes in the exchange rate between the currencies in which the assets are denominated and the euro. However, the properties and other assets held in the fund may only be exposed to currency risk up to a total amount of 30%. Assets are not considered to be exposed to currency risk if hedging transactions have been entered into or if loans have been taken out in the corresponding currency. In particular, the Company shall make use of the options to take out loans on behalf of the fund provided for by the law and the fund rules in order to reduce currency risks.