Spanish Direct Leasing Fund Institucional FIL

The fund's general objective is to provide medium to long-term financing for industrial machinery. The minimum annual return target will be the average TIR of Spanish public debt at 5 and 10 years + 2%.

The fund is exposed to providing medium to long-term financing for industrial machinery essential for the activities of small and medium-sized Spanish companies in the industrial sector. The financing will be done through Sale & lease-back operations for existing machinery on the company's balance sheet and, to a lesser extent, through financial leasing in the form of purchasing and subsequently leasing new machinery. The fund's financial assets will consist of loans collateralized by the financed machinery, with the company paying quarterly installments to the fund. The remaining liquidity will be invested in money market instruments, listed or unlisted, and in sight or term deposits with a maturity not exceeding 1 year from EU credit institutions.

Some of the risks associated with this fund include credit risk, as the fund's investments are dependent on the creditworthiness of the companies receiving financing. Additionally, there is market risk associated with the performance of the money market instruments in which the fund invests its liquidity. Finally, there is also operational risk related to the successful execution of the Sale & lease-back operations and financial leasing agreements.

https://solventis.es/en/management/spanish-direct-leasing-fund-fil/