Investment Funds

Description

The management uses as reference the returns of the BofA Merrill Lynch Euro Subordinated Financial Index (EBSU) at 50%; the BofA Merrill Lynch Euro Non-Financial Subordinated Index (ENSU) at 30%; and the BofA Merrill Lynch Euro Currency Overnight Deposit Offered Rate Index (LEC0) at 20%. At least 50% will be invested in subordinated debt (ranks last in creditor seniority). Of this, a maximum of 70% will be invested in convertible bonds, which may consist entirely of contingent convertible bonds, and are typically perpetual in nature with a buyback option included. These bonds may be converted into shares or set up under a “principal write-down” system, whereby the contingency, upon triggering, will reduce the principal amount of the bond.The fixed-income part not invested in subordinated debt will be invested in public debt, other private fixed income and non-negotiable money market deposits and instruments . Exposure to equities will be limited to 15%, whether or not stemming from bond conversions. Exposure to currency risk may not exceed 30%. Fixed income assets and equities will be issued primarily in euros, with no limit on eligible markets, including emerging markets. There will be no pre-defined limits or restrictions on credit ratings. Duration will range from 0 to 8 years.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)

Behavior

Annual return

  • 2023
  • 10.17%
  • 2022
  • -9.89%
  • 2021
  • 1.53%
  • 2020
  • 0.87%
  • 2019
  • 11.45%

Return

  • 1 month
  • 1.27%
  • 3 months
  • 1.54%
  • 6 months
  • 2.90%
  • 1 year
  • 10.04%
  • APR 3 years
  • 0.34%
  • APR 5 years
  • 1.32%

*Past performance is not a reliable indicator of future performance.

Profitability scenarios

What you get from this product will depend on future market trends, which are uncertain and cannot be accurately predicted. The unfavourable, moderate and favourable scenarios shown are examples based on the lowest, average and highest performance of an appropriate benchmark over the past 10 years. Markets could perform very differently in the future.

Recommended holding period: 5 year/s

Investment amount: €10,000

Minimum: There is no guaranteed minimum return. You could lose some or all of your investment.

2023-05-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8601€
10709€
11408€
-13.3%
-3%
1.4%
2.7%
2023-06-30
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8672€
10688€
11408€
-13.3%
-2.8%
1.3%
2.7%
2023-07-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10678€
11408€
-13.3%
-2.6%
1.3%
2.7%
2023-08-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10620€
11408€
-13.3%
-2.6%
1.2%
2.7%
2023-09-30
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10620€
11408€
-13.3%
-2.6%
1.2%
2.7%
2023-10-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10562€
11408€
-13.3%
-2.6%
1.1%
2.7%
2023-11-30
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10562€
11408€
-13.3%
-2.6%
1.1%
2.7%
2023-12-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10562€
11408€
-13.3%
-2.6%
1.1%
2.7%
2024-01-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10609€
11408€
-13.3%
-2.6%
1.2%
2.7%
2024-02-29
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10609€
11408€
-13.3%
-2.6%
1.2%
2.7%
2024-03-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10609€
11408€
-13.3%
-2.6%
1.2%
2.7%
2024-04-30
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10552€
11408€
-13.3%
-2.6%
1.1%
2.7%
2024-05-31
Amount after deducting costs
Average yield
SCENARIOS
1 year
Stress
Unfavourable
Moderate
Favourable
4370€
8080€
9660€
11320€
-56.3%
-19.2%
-3.4%
13.2%
5 years
Stress
Unfavourable
Moderate
Favourable
4910€
8761€
10531€
11408€
-13.3%
-2.6%
1%
2.7%

The figures presented include all costs for the product itself, but may not include all costs that you have to pay to your consultant or distributor. These figures do not take into account your personal tax position, which may also influence the amount you receive. The stress scenario shows what you could receive in extreme market circumstances.

Liquidating value

Return between 14/07/2023 - 11/07/2024
9,225 %

VLP query between two dates:

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Fund detail

ISIN

ES0137794006

Address

España

Currency

EUR

Class

Plus

Minimum investment

50000 EUR

Investment to be maintained

6 EUR

CNMV Category

Renta Fija Mixta Euro

CNMV registry no.

4988

Assets

11,70

Participants

121

Net asset value a

7,14 EUR