The fund aims to achieve a return that is in line with the IBOXX Euro Overall Total Return index, using it as a reference for management decisions. However, it is important to note that the benchmark index is used for informational purposes only.
Fund Exposure
The fund invests 100% of its total exposure in public/private fixed income, including deposits and money market instruments, with up to 20% in listed promissory notes, up to 25% combined in subordinated debt and preferred shares, and up to 30% combined in liquid securitizations and contingent bonds. There is no predetermined credit quality requirement for issuers/emissions, which may impact the fund's liquidity. The fund may have a maximum of 10% exposure to emerging markets.
Risks
Investors should be aware that this fund may not be suitable for those looking to withdraw their investment within a timeframe of less than 3 years. Additionally, the fund may have exposure to derivatives for hedging and investment purposes, which could introduce additional risks to the portfolio.