Ethna-DEFENSIV SIA CHF-T
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Ethna-DEFENSIV is an actively managed fixed income fund that invests primarily in a diverse selection of sovereign and corporate bonds from OECD countries. The portfolio emphasizes conservative bonds with a variety of maturities and currencies, allowing the managers to swiftly adjust the fund’s risk level based on current market conditions. By carefully selecting individual bond issuers and employing liquid derivative instruments, Ethna-DEFENSIV effectively manages spread risks, interest rate durations, and currency exposures. This flexible approach ensures the portfolio remains resilient, aiming for capital preservation and stable returns over a three to five-year investment period.