Category “1” does not mean that the investment is risk-free.
This information is indicative of the risk of the fund and has been calculated on the basis of historical data. However, this historical data may not be a reliable indication of the fund's future risk profile. In addition, there are no guarantees that the category indicated will remain unchanged, and it may vary over time.
The investment vocation of the fund is described as Euro Fixed Income.
The management takes the return on the index as a reference: The AFI Spanish Government Bill 1 year index at 50% and the AFI Spanish Government Bill 3 year index at 50%.
100% of the Fund will be invested in public or private fixed income, there will be no exposure to equity, the average duration of the portfolio must not exceed 3 years, and can be up to 2 negative years. There is no predetermination with respect to the issuers (public or private, rating or economic sector). If any issue has not been rated, the credit rating given by the issuer shall be considered.
It is possible to invest in fixed-income securities traded outside the OECD and up to 25% in emerging markets. At least 75% of the assets will be investment grade fixed-income securities, and the rest can have a low credit rating or no rating. Investments in a currency other than the euro must not exceed 10% of the assets. In addition to securities, fixed income also includes demand deposits or those with a maturity of under one year in credit institutions and money market instruments that are liquid.
A maximum of 10% may be invested in UCITS that are qualifying assets, harmonised or not, belonging or not to the Group of the Management Company and with an investment policy in line with that of the fund.
Over 25% can be invested in securities of an EU Member State, a Spanish Autonomous Community, a Local Entity, and International Bodies of which Spain is a member.
It may operate with derivatives negotiated on organised derivative markets with the aim of coverage and investment and not negotiated on organised derivatives market with the aim of coverage and investment.
The fund is aimed at investors who do not want the risk of equity. This fund intends to capitalise on savings above the inflation rate and take advantage of the tax breaks.
This fund may be not suitable for investors who plan to withdraw their money within less than 2 years.
ISIN: ES0136083039 (CLASS A)
CNMV Reg. Code: 2665
Tax ID Number: E63030274
Registration details: Volume 35077 - Folio 0087 - Sheet 257068 - Registration Mercantile Reg. 11/12/2002
Date of creation: 02/12/2002
Managing Entity: ARQUIGEST SA SGIIC
Depository: ARQUIA BANK, S.A.
Auditor: KPMG AUDITORES SL