CFS FC W Pen-Vinva Glbl Alpha Extension

Vinva uses an active systematic investment approach which harvests returns from global listed companies using a disciplined and repeatable process. The strategy invests substantially all of its assets in global listed securities (or exchange traded derivatives that provide exposure to global listed securities or indices). The option will typically comprise over 400 long positions and over 80 short positions with a gross exposure of up to 120% (110/10) of NAV.