Description
Financial and extra-financial or socially responsible investment criteria (Environmental, Social and Corporate Governance) will be applied. The majority of the portfolio complies with the ethical ideology. It will invest at least 50% of the equity in financial CISs It will invest, directly or indirectly, between 30% and 60% (under normal conditions it will be 30%) of the total exposure in equities of any capitalisation and sector, and the rest in public/private fixed income (including deposits, money market instruments and in green bonds and social bonds), with at least a medium quality rating (minimum BBB-) on the purchase date and up to 20% in low quality (lower than BBB-) or without a rating, with no predetermined average duration of the fixed income portfolio. The issuers/markets will be from the OECD and there will be a maximum exposure of 20% in emerging countriesThe sum of investments in equity securities issued by entities outside the euro area, plus exposure to currency risk, will not exceed 30%.Investing in small capitalisation assets may adversely affect the liquidity of the fund. The fund will have a maximum annual volatility of less than 10%.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 20% OF ITS CAPITAL IN LOW CREDIT QUALITY FIXED INCOME ISSUANCES, THEREFORE, IT HAS A VERY HIGH CREDIT RISK.