GVC GAESCO CROSSOVER- BDS GLOBAL INCOME CLASE A
Investment policy
The investment management will involve combining various strategies, primarily through i) highly active management in selling options (using Beta, Delta, and Sigma parameters) and futures of the S&P 500 index, which entails a significant component of investment in the North American market, and ii) investment in fixed-income assets. The exposure to fixed income (FI) will be between 0% and up to 100% of the portfolio in public or private FI securities issued by OECD countries, with a minimum credit quality of BBB-. The average duration of the FI portfolio will be less than 15 years. There will be no direct exposure to equities. There will be no investment in emerging markets. The exposure to currency risk will be up to 100%. Investment in derivative financial instruments will be for both hedging and investment purposes, exclusively in S&P 500 index futures and options, US bond futures, and EUR/USD currency futures. The maximum notional exposure in derivatives will be 60% of the notional. The management references the performance of the annually compounded Euribor rate plus 3.25%, with the management objective being to achieve an unguaranteed return higher than the aforementioned reference index while maintaining a maximum volatility level below 12.5% and an average volatility level of 7% in terms of annualized volatility.Class A
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*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.
