Gesconsult Horizonte 2025 FI

The fund aims to invest in a portfolio of public and/or private fixed income securities, with a target maturity date of 29/12/2023. It does not guarantee returns or initial investment, and investors may incur losses. The periodic payments are reimbursements of the investment, not corresponding to the fund's performance.

The fund primarily invests in public and/or private fixed income securities denominated in €, including money market instruments, liquid deposits, and excludes emerging markets. The average portfolio duration is less than 3 years, decreasing as the maturity date approaches. The fund targets medium credit quality securities at purchase, with the possibility of investing up to 25% in lower quality or unrated securities.

Investors should be aware of the maximum currency risk of 10% and mandatory reimbursements of 0.5% of the net asset value on specific dates. The fund may hold assets until maturity, with the flexibility to make changes for optimization. Additionally, the fund may invest over 35% of its assets in securities issued or guaranteed by EU member states, local entities, or international organizations.

https://gesconsult.com/en/gesconsult-funds/horizonte-2025/