GVC GAESCO RENTA FIJA HORIZONTE 2027, FI
Investment policy
The objective of the fund is to seek a return in line with the assets in which it invests, net of fees, over the remaining term at any given time until the time horizon (31.03.2027). The return objective is an estimate by the management company, it may not be achieved, and it is not guaranteed. To achieve this, the fund will invest 100% in private (mainly) and public fixed income, including money market instruments and deposits. Issuers/markets will be from OECD/EU countries, with a maximum of 15% in emerging markets. 80% will have maturity 6 months before or after 31.03.2027, with an estimated Annual Percentage Yield (APY) of 4.30%, and is expected to be held until maturity, although there might be changes due to management criteria. The estimated average duration of the initial portfolio will be around 3 years and 9 months, decreasing as the time horizon approaches. At the time of purchase, a minimum of 70% of the issuances will have a minimum Investment Grade rating (BBB-) or equal to Spain if it's lower; up to 30% with a lower rating (at least B-), and a maximum of 10% without a rating, which could negatively affect liquidity.Class A
FactsheetLegal documentation
Other available types
*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.
