GVC GAESCO V.I.F. FI, CLASE A
Investment policy
The fund invests in Equities of issuers from Vietnam, Indonesia and the Philippines, at an individual investment, in each country of no less than 20% and no more than 45% of the fund. The exposure to Equities will be, at least, 85% and reach 100% under normal market conditions. The issuing companies will be of low (may have a negative impact on liquidity), medium and high capitalization. The exposure to fixed income will be a maximum of 15% in assets from public or private issuers, mostly belonging to OECD countries, with a minimum Investment Grade (BBB-) credit quality or the same as that of the Kingdom of Spain at any given time, and an average portfolio duration less than 1 year. The exposure to the risk of emerging countries and the exposure to currency risk will be up to 100%. Up to 10% will be invested in CIIs, including those of the manager's Group. However, due to operational issues, there will be a transitional period in which the investment (100%) will be indirectly carried out through FIs or ETFs in the three abovementioned countries or others in the ASEAN area, until the direct investment is exclusively feasible in the abovementioned countries and markets. At that time, the investment in funds will be replaced by shares, remaining such indirect investment limited to 10% of the fund's assets and solely from the three VIF countries. Derivatives can be traded for hedging and investment purposes.Class A
PresentationLegal 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.
