FONSGLOBAL RENTA, FI
Investment policy
The fund has the flexibility to invest in both equity and fixed income assets, both domestically and internationally, issued by public or private entities from any country. These assets can be denominated in euros or other currencies, without any predetermined allocation percentages between the two asset classes.The fund can allocate up to 25% of its portfolio in fixed income securities with a medium credit quality (rated BBB by Standard & Poor's or equivalent). The remaining portion will be invested in high credit quality securities (rated A or higher by Standard & Poor's or equivalent). In cases where the issuance lacks a credit rating, the rating of the issuer will be considered, as long as it meets the previously detailed rating requirements.
Additionally, the average duration of the fixed income portfolio will be less than 7 years. This implies that the fund generally seeks to manage interest rate risk by maintaining a relatively shorter duration of its fixed income holdings.
FactsheetLegal documentation
*Total return for calendar year (from January 1st to December 31st).
Legal notice: A complete report of each Investment Fund is available on the website with information concerning, among others, historical returns obtained prior to a substantial change in the investment policy of the IIC, series of annualized historical returns, detail of the risks associated with the investment in IIC, etc. Investment funds involve certain risks (market, credit, liquidity, currency, interest rate, etc.), detailed all of them in the Prospectus and in the Key Investor Information (KII) document. The nature and scope of the risks will depend on the type and particular features of the fund, the currency, and the assets in which the equity is invested. Consequently, the choice among different types of funds should be made considering the return expectations and investment time horizon as well as the willingness and ability to take risks of the investor.
The information contained on the website is for information purposes only and does not constitute an offer of products and services, nor a recommendation or offer to buy or sell securities or any other investment product, nor a contractual component. Nor does it imply legal, fiscal, or other advice and its content should not serve the user to make decisions or make investments. Investment funds can be high-risk products, not suitable for all clients. Therefore, they do not intend to persuade the user to inappropriate operations by making services or access available to operations and markets that do not match to the user’s risk profile. Past performance is no guarantee of future results. Taxation of yields obtained by unitholders shall depend on the tax legislation applicable to their personal situation and may vary in the future.
