So investiert der AZ Fund 1 - AZ Allocation - Target 2023 Equity Options A-AZ Fund Acc Fonds: The investment objective of the Sub-fund is to achieve capital growth until the target maturity date of 31 December 2023. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio primarily made up of debt securities, equity and equity-related securities. The Sub-fund invests in equity and equity-related securities primarily via derivatives, in particular options. As a result, fixed and/or variable income debt securities are the main components of the Sub-fund’s portfolio.