Caixabank Fondtesoro Largo Plazo Estándar FI
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General Objective
The fund is classified as a Long-Term Treasury Fund and belongs to the Investment Fund category. The main objective of the fund is to achieve returns that track the London Interbank Bid Rate (L0EC) for short-term fixed income exposure and the ML Spanish Gov. 1-10 (G5E0) for long-term fixed income exposure.
Fund Exposure
The fund will invest 70% of its total exposure in euro-denominated government debt in any form. Additionally, up to 30% of the total exposure can be invested in other fixed income securities traded on regulated markets with a credit rating not lower than that of the Kingdom of Spain, as well as in deposits with credit institutions meeting the same credit rating criteria, and in money market instruments, all in euros.
Risks
This fund may not be suitable for investors looking to withdraw their money within a period of less than 18 months. It is exclusively targeted towards clients with portfolio management contracts signed with Bankia.