MEAG FlexConcept - Basis
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General Objective
The sub-fund aims to generate returns based on the European money market rate while preserving the value of the invested money, although there is no guarantee of capital preservation.
Fund Exposure
To achieve its objective, the sub-fund primarily invests in European money market instruments, bonds, and/or cash at banks. The fund is actively managed with the goal of achieving a performance similar to the Euro OverNight Index Average (the “Benchmark Index”), using derivatives for hedging purposes and efficient portfolio management.
Risks
Investors should be aware that there may be a difference in the composition of the portfolio and performance between the sub-fund and the Benchmark Index, which can be positive or negative. Additionally, the sub-fund may not be suitable for investors looking to withdraw their money within a twelve-month period.
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Source
https://www.meag-investors.com/LU0887262433.html
Tags:
bondseuro overnight index averageeuropean money market