Investment in short-term Fixed Income that aims to obtain security for holders due to its strongly conservative policy.
70% of the fund assets must be invested in government debt in Euros. It may invest up to 30% of its assets in short term Fixed Income securities which are traded on an organized secondary market and which have a minimum credit rating the same as the Kingdom of Spain, as well as deposits from credit institutions which hold this minimum qualifications and in Money Market instruments that meet this requirement.
It may invest in derivative instruments traded on organized and OTC Markets for hedging and investment purposes.
The Portfolio duration shall not exceed 6 months.
|Category||Euro Fixed Income|
|Managing Company||GVC Gaesco Gestión SGIICs, SA|
|Custodian||BNP Paribas Securities Services|
|Benchmark Index||Euribor at 1 week|