Description
It invests in fixed income assets of euro area public issuers.The target duration of the portfolio may range from 1 year to 3 years. With regard to the credit rating of the assets in the portfolio, there will be at most 40% with a low credit rating (below BBB-) and the rest with a minimum average quality.The management takes as a benchmark the performance of the “BofA Merrill Lynch 1-3 year Euro Government Index” (EG01) at 90% and the “BofA Merrill Lynch Euro Currency Overnight Deposit Offered Rate Index” (LEC0) at another 10%.This fund is advised by Robeco Institutional Asset Management B.V.The recommended time horizon is 3 years.You can view the complete investment policy in the prospectus and Key Investor Information Document (KIID) which are available together with the rest of the legal information on the website www.caixabank.es, in the CNMV’s registers and at www.cnmv.es.THIS FUND MAY INVEST 40% IN LOW CREDIT QUALITY ISSUES SO IT HAS A VERY HIGH CREDIT RISK.