Intermoney Renta Fija Corto Plazo FI
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General Objective
The fund aims to achieve a return that is in line with the performance of the AFI Treasury Bills 1-year index.
Fund Exposure
The fund primarily invests in fixed income securities, both public and private, from OECD countries. It may also allocate up to 25% of its total exposure to lower credit quality securities (below BBB- but equal to or higher than BB-). The average portfolio duration is equal to or less than 2 years, with a residual legal maturity of assets equal to or less than 3 years. The maximum currency risk exposure (USD, GBP, and JPY) is limited to 5%.
Risks
Investors should be aware that this fund may not be suitable for those looking to withdraw their investment within a timeframe of less than one year.