Caixabank Monetario Rendimiento Institucional FI
ISIN ES0138045051 / Valor null
Caixabank Monetario Rendimiento Institucional FI
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Caixabank Monetario Rendimiento FI is a short‑term money‑market fund that invests mainly in very short‑dated money‑market instruments and bank deposits, including securitisations and asset‑backed commercial paper (whether traded on organised markets or not), and may hold instruments issued or guaranteed by several euro‑area governments (Italy, France, Spain, Belgium, the Netherlands, Germany, Portugal) and certain supranational issuers. The portfolio is managed to very low maturities — a weighted average maturity of 6 months or less and a weighted average life (including variable‑rate instruments) of 12 months or less — with at least 7.5% of assets maturing daily and at least 15% weekly, and seeks to preserve capital while delivering returns in line with short‑term euro money‑market rates (management uses an 85/15 mix of ICE BofA Euro 3‑Month and Overnight indices for comparison).
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