Ethna-DEFENSIV SIA-A

The Ethna-DEFENSIV is a fixed income fund that aims to focus on investing in sovereign and corporate bonds from issuers in OECD countries. The fund is actively managed and does not follow any benchmark, allowing for flexibility in managing risk profiles and investing in attractive individual securities.

The fund achieves its desired risk profile through the selection of bond issuers, maturities, and currencies. The Portfolio Management team uses a top-down approach based on macroeconomic developments to allocate investments, while also employing a bottom-up process for selecting bonds. The fund primarily invests in corporate bonds with short and medium residual maturities, focusing on capital preservation and attractive returns.

Key risk figures for the Ethna-DEFENSIV fund include exposure to Europe, the US, and Asia, as well as asset allocation in EUR and USD. The fund also faces risks related to bond rating structure, with a focus on corporate bonds with short and medium residual maturities. Additionally, Value at Risk figures indicate potential risks associated with the fund's investments.

https://www.ethenea.com/