BBVA Bonos Duración Flexible FI

BBVA Bonos Duración Flexible FI is an investment fund designed to deliver positive returns in any market environment by strategically holding both long and short positions across various sectors. Its portfolio mainly includes public and private fixed income securities, such as deposits, with most investments rated at least BBB‑ or higher, while allowing up to 10% in lower-rated or unrated issuers. The fund does not invest in emerging markets and maintains a flexible duration ranging from minus two to five years, adjusting based on interest rate movements and the management team's outlook. Additionally, it manages currency exposure up to 10% of the total portfolio.