The fund aims to preserve the value of the investment and maximize profitability within the risk context of the assets in which it invests.
Fund Exposure
The fund invests 100% of its total exposure in fixed income assets, both public and private, with a focus on European issuers and markets, and to a lesser extent on other OECD countries. It may also invest up to 10% of the total exposure in emerging market issuers/markets. The average portfolio duration will be equal to or less than one year, with a maximum currency exposure of 10% of the total exposure.
Risks
Investing in low credit quality fixed income securities may negatively impact the fund's liquidity. The fund's investment strategy involves a high portfolio turnover, which can increase expenses and affect profitability. This fund may not be suitable for investors planning to withdraw their money within a year.