GVC GAESCO CROSSOVER- INFLATION PILL RVMI CLASE E
Investment policy
Under the name of "inflation pill," the intention is to invest in financial assets that have exhibited better performance during inflationary periods (a widespread and sustained rise in the prices of goods and services). This is achieved by combining different strategies to protect against inflation and interest rate hikes, including: i) investment in cyclical equities; ii) selling futures contracts of US and German Bonds; iii) currency strategies; and iv) investing up to 10% in the GVC Gaesco Value Minus Growth Market Neutral FI fund. The exposure to equities (RV) will range from a minimum of 30% to a maximum of 75% of the portfolio, with investments in equities issued by companies mostly from OECD countries. These companies can be of low (which may negatively impact liquidity), medium, or high market capitalization without sector concentration.The exposure to fixed income (RF) will be a minimum of 25% and up to 70% of the portfolio, invested in public or private fixed income securities issued mainly by OECD countries, with a minimum credit rating of BBB-. The average portfolio duration for fixed income securities will be less than 2 years. Investments can also include deposits and non-traded money market instruments, up to 20% of the portfolio, with the same credit rating as the fixed income securities. Exposure to emerging markets will be up to 15%, and exposure to currency risk will be over 30%. Investments in Collective Investment Institutions (IIC) will be less than 25%, including those of the group.
The fund may utilize derivatives traded on organized derivative markets for both hedging and investment purposes, as well as non-traded derivatives for similar purposes. The maximum exposure to market risk through financial derivative instruments is the net asset value.
The fund's management uses the MSCI World Value Net Total Return Index as a reference for the equity investment portion and the 12-month EURIBOR for the fixed income investment portion. These indices are used for informational or comparative purposes only.
Class E
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.
