Rhenman Global Opportunities L/S makes investments based on active selection of regions and sectors, completely independent of index. The fund has 35-50 positions, preferably in larger companies. The investment horizon for long positions will typically be 2-4 years, while the time horizon for short positions will typically be 6 months up to 2 years. The fund is long-biased and has a positive outlook over the business cycle, with a typical net exposure of roughly 50-90%.