Divisa | EUR |
---|---|
Tipo | Renta fija |
Fecha de creación | 24/10/2013 |
Distribución o acumulación | Acumulación |
The investment objective of the Sub-Fund is to outperform the Bloomberg Euro Aggregate Corporate 1-3 years Index over its recommended minimum investment period of 2 years. The Sub-Fund investment process combines three main performance drivers: Credit directional exposure: over/underweight exposure to credit risk as a whole, as compared to the Reference index; Issuer and issue selection: over/underweight exposure to various issuers and issues as compared to the Reference Index; issuers and issues not part of the Reference Index may also be included in the Sub-Fund’s portfolio. And, to a lesser extent, sector allocation: over/underweight exposure to various economic sectors (financials, industrials, utilities etc.), as compared to the Reference Index based on economic cycle, and potential ratings fluctuations.