Description
The Fund invests 75%-100% of the assets in financial CISs, mainly distributed. It may occasionally invest a lower percentage in a CISs, but never below 50%.It will normally, directly or indirectly, invest 15% of the total exposure in equities (with this percentage varying between 0%-20%) and the remainder of the total exposure in public and/or private fixed income exposures (including deposits and money market instruments), as well as other financial assets whose return is linked to the following underlyings: volatility of the stocks and indices of OECD countries and the inflation of different countries.The maximum exposure to currency risk will be 15%.In both direct and indirect investment, there is no predetermination in terms of type of issuers (public/private), currencies, average duration of the fixed-income portfolio, minimum rating of issuers/issuances (it can have up to 100% in fixed income with low credit quality, and even without a rating), capitalisation, economic sector, issuers/markets (OECD or emerging markets, without limitation), and there may be a geographic and/or sector concentration. The fund will have a maximum volatility of less than 5% per annum. The recommended time horizon is 2 years.The full investment policy and other legal information can be found in the prospectus and in the key investor information document (KIID), which are available on the website www.caixabank.es, in the CNMV registry and on www.cnmv.es.THIS FUND CAN INVEST 100% OF ITS CAPITAL IN LOW CREDIT QUALITY FIXED INCOME ISSUANCES, THEREFORE, IT HAS A VERY HIGH CREDIT RISK.