Generali Investments SICAV - Serenity EX EUR Acc

Generali Smart Funds – Serenity builds its portfolio by actively allocating assets across a diverse range of fixed income securities, commodities, cash, and money market instruments without geographic restrictions. It primarily invests in various fixed income UCITS, UCIs, and ETFs, and may include up to 15% in equity-related UCITS, UCIs, and ETFs, potentially selecting from portfolios managed by BlackRock or its affiliates. Additionally, the fund directly holds money market instruments and uses derivatives to efficiently manage the portfolio, all while maintaining a diversified and conservative risk approach aimed at achieving medium-term total returns.