HANSArenten Spezial invests primarily in euro-denominated subordinated bonds issued by companies and financial institutions, as well as in participation certificates. Additionally, the fund may include investments in foreign currencies and utilize derivatives for investment and risk management purposes. It specifically avoids stocks and equity-related funds, focusing instead on building a diversified portfolio that emphasizes companies with strong environmental, social, and governance practices. The active management approach aims to grow assets and generate distributions while effectively managing risk.