Abanca Renta Fija Patrimonio I FI
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General Objective
The fund aims to achieve a return that is in line with the 3-month Euribor index. The reference index is used for informational purposes only.
Fund Exposure
The fund invests 100% of its total exposure in public and/or private fixed income securities, including deposits and money market instruments. It may also invest in both OECD and non-OECD countries, including emerging markets. The fund limits exposure to non-OECD and emerging markets to 20% of total exposure, with currency risk exposure kept below 10%.
Risks
Investing in low credit quality fixed income securities may negatively impact the fund's liquidity. The fund may also invest in assets that introduce higher risk compared to other investments, such as those with lower liquidity or issuer type.