Description
It invests in fixed income assets of euro area public issuers.The target duration of the portfolio may range from 3 years to 10 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 ICE BofA 3-5 year Euro Government Index (EG02 Index) at 10%, del ICE BofA 5-7 year Euro Government Index (EG03 Index) at 42%, del ICE BofA 7-10 year Euro Government Index (EG04 Index) at 43% and the ECB ESTR Compound index (ESTCINDX Index) at 5%.The recommended time horizon is 5 years.For additional information information, you can find the full prospectus, the Key Information Document (KID), and the other legal information about the product on the website www.Caixabankassetmanagement.com, https://www.CaixaBank.es/infolegalfondos , and in the official site of the CNMV, www.cnmv.es.THIS FUND MAY INVEST 40% IN LOW CREDIT QUALITY ISSUES SO IT HAS A VERY HIGH CREDIT RISK.