Pictet Sovereign Short-Term Money Market USD TC
ISIN LU2799963132 / Valor 13425511
Pictet Sovereign Short-Term Money Market USD TC
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General Objective
The fund aims to preserve the value of investments while achieving a return in line with money market rates.
Fund Exposure
The fund mainly invests in deposits and short-term, highly rated investment-grade money market instruments denominated in US dollars or systematically hedged to this currency. These investments are issued by governments or public organizations in developed countries.
Risks
Investors should be aware that the fund may be affected by changes in currency exchange rates, which can have an adverse effect on the value or income of the fund. Additionally, past performance may not be a reliable guide to future performance, and there is no guarantee that the same yields will be obtained in the future.
Source
https://am.pictet.com/ch/en/individuals/funds/pictet-ch-sovereign-short-term-money-market-usd/CH0038911712
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