Mediolanum Activo S-A FI

The fund aims to achieve short-term growth of the share value with a risk profile ranging from conservative to moderate.

The fund primarily invests in public and private fixed income securities, as well as in deposits with credit institutions and non-listed money market instruments that are liquid. The credit quality of the fixed income assets will be at least 65% with a rating equal to or higher than that of the Kingdom of Spain or Investment Grade. The fund may also invest in emerging market fixed income, with exposure limited to a maximum of 20%.

Investing in lower credit quality assets may negatively impact the fund's liquidity. Additionally, the fund may be exposed to currency risk, with exposure to a currency other than the euro not exceeding 10%.

https://www.bancomediolanum.es/fichas/spa/factsheets_ES0165127038.PDF