Description
The fund's investment decisions consider both traditional financial criteria and ethical business criteria. These criteria screen out from the universe of securities any companies that breach basic human rights, the Pharmaceutical Code of Practice and/or the International Code of Marketing of Breast-milk Substitutes in the Developing World, or that manufacture or distribute arms, operate nuclear power stations or distribute tobacco. An Ethics Committee assesses strengths and weaknesses in corporate governance, the environment, human rights and other issues of interest to the company's shareholders. CaixaBank AM contributes 0.375% of its management fees to ethical bodies: Intermon Oxfam, the Spanish Red Cross, Médicos Sin Fronteras, Cáritas Española, the Spanish Multiple Sclerosis Federation, Alboan and Entrecultura. The “la Caixa” Foundation contributes an equivalent amount to a charity project selected by the fund's Support Committee.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 25% IN FIXED-INCOME ISSUANCES WITH LOW CREDIT RATINGS, THIS IS, WITH HIGH CREDIT RISK.