Description
The fund may invest in all markets worldwide, subject to a maximum exposure of 50% of the fund's equity in emerging markets. Investments may be in public and/or private fixed income securities, with no minimum limit on credit rating. Average portfolio duration and exposure to different asset classes will be decided by the Investments Committee, subject to a maximum of 10 years and a minimum of 5 negative years. It can invest a maximum of 25% in convertible bonds, which can be entirely contingents. When investing in equities, there will be no limit on stock market capitalisation.There is no maximum percentage of exposure to fixed income, equities and non-euro currencies.A maximum of 10% can be invested in listed real estate investment trusts (REITs) and 20% in commodities, directly or indirectly through CII.It is a Fund of Funds, so the investment in funds will be at least 50%The recommended time horizon is 5 years.The full content of the investment policy can be found in the prospectus and in the key investor information document (KIID) available on the website www.caixabank.es, along with all other legal documentation, and on file with the CNMV (www.cnmv.es)THIS FUND CAN INVEST PERCENTAGE UP TO 100% IN FIXED-INCOME ISSUANCES WITH LOW CREDIT RATINGS, THIS IS, WITH VERYHIGH CREDIT RISK.