Description
The management objective is to provide the unit holder with the maximum diversification without a predetermined sectorial and geographical area, solely through International Mixed Equities. The fund invests at least 50% of its assets in other CISs.It will invest directly, or indirectly through CISs, between 0% and 70% in equities, although, under normal market conditions, the exposure will be around 50%.The rest of the exposure will be invested, directly or indirectly through CISs, in fixed income, including deposits and money market instruments. A maximum of 40% of this exposure will be in issuances with a medium quality rating (BBB-, BBB, BBB+) and the remainder with a high quality rating (minimum A-). It will invest up to 10% in assets with a low quality rating (BB+ or lower). There is no predetermination with respect to issuers, distribution percentages by countries, exposure to currency risk, average duration of the fixed income portfolio, market capitalisation or the economic sector, pursuing the best distribution at all times.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 10% OF ITS CAPITAL IN LOW CREDIT QUALITY FIXED INCOME ISSUANCES, THEREFORE, IT HAS A VERY HIGH CREDIT RISK.