Abanca Fondepósito Minorista FI

Abanca Fondepósito FI is a fixed-income investment fund that focuses on short-term euro-denominated assets. The portfolio is entirely invested in fixed income, mainly through private instruments like deposits and money market securities, with more than half held in highly liquid sight deposits from a variety of credit institutions. The fund maintains an average portfolio duration of under one year and primarily invests in Spanish issuers, while also including some assets from other eurozone and OECD countries and up to 10% in emerging markets. It emphasizes maintaining a high credit quality, ensuring that the majority of investments are in medium to high-rated securities to provide stable and reliable returns.