LLB Defensive ESG (CHF) is a fund that builds a money market-style portfolio by investing exclusively in high-quality, investment-grade fixed and variable interest securities. Its portfolio comprises short-term bonds and notes, as well as the use of interest rate and currency swaps through derivatives to manage risk and enhance returns. By focusing on these short-dated, stable income instruments, the fund aims to provide investors with reliable returns over a minimum investment horizon of six months, offering a secure alternative to traditional money market products.