Generali Investments SICAV - Euro Bond 1-3 Years ZX
Fund
ISIN LU1489752565 / Valor null
NAV (2025-02-13)
EUR 106.53+0.08%
Generali Investments SICAV - Euro Bond 1-3 Years ZX
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General Objective
The objective of the Fund is to outperform its Benchmark by investing in quality debt securities denominated in Euro with a weighted average portfolio maturity ranging from 1 to 3 years. The Fund promotes ESG characteristics pursuant to article 8 of the SFDR.
Fund Exposure
The Fund shall invest at least 70% of its net assets in debt securities denominated in Euro with Investment Grade Credit Rating, with at least 60% in government bonds. It may also invest up to 30% in securities with Sub-Investment Grade Credit Rating or comparable quality, as well as up to 30% in money market instruments and bank deposits. Additionally, the Fund may hold up to 40% in government agencies, local authorities, supranational, corporate bonds, and asset-backed securities with Investment Grade Credit Rating, denominated in Euro.
Risks
The Fund may hold distressed/defaulted securities, but the proportion of these securities will not exceed 5% of the Fund's net assets. The Fund may also have exposure to non-euro currencies, limited to 20% of the net assets. The Investment Manager applies an ESG criteria process to select securities, focusing on positive ESG criteria relative to the Benchmark and following a proprietary ethical filter for issuers. The Fund is actively managed, with no restrictions on portfolio composition or deviation from the Benchmark.