Abanca Ahorro R FI

Abanca Ahorro FI is a Euro-focused fixed income fund that invests primarily in high-quality short-term bonds from OECD countries, especially within the Eurozone. The fund aims to match the performance of the ICE BofA 1-3 Year Euro Broad Market Index by allocating up to half of its assets directly into public and private fixed income securities, including government and corporate bonds, as well as money market instruments. The remaining assets are invested in other financial investment institutions, with a small portion directed towards emerging markets. The portfolio maintains an average duration of under 18 months and emphasizes investment-grade quality, ensuring stability and liquidity.