Balanced bond sub-fund, which invests primarily in government, corporate and convertible bonds, and money market instruments, in order to seek out benefits for investors deriving from consistent returns through investments on the global financial markets. Can also have exposure to the equity markets for the complementary part of the portfolio.
Combines the top-down and bottom-up approaches focussed on individual investment ideas in the investment process. The sub-fund seeks to ensure diversification between different issuers, sectors and maturities, as well as to actively manage credit and interest rate risks, in order to maintain a level of risk consistent with the capital conservation strategy.
ISIN:
Class C: LU0551316788
Class I: LU0685003542
Class Z: LU0924044554
Assogestioni Category:
Balanced Bond
Launch Date:
Class C: 16 December 201
Class I: 7 March 2013
Class Z: 6 October 2014
BCM & Partners LLP, Società del Gruppo C-Quadrat
Investment objective:
Generate positive medium/long-term returns by minimising market volatility and present capital at the end of each financial year.
Investment policy:
The Sub-fund invests primarily in government, corporate and convertible bonds and money market instruments. The sub-fund may invest up to 30% of its assets in equities and securities correlated to equities.
The investments may be denominated in a non-Euro currency and made through money market instruments and equity and bond UCIs (up to 70% of the net equity value of the Sub-fund).
The sub-fund may also invest in derivative instruments both for hedging and investment purposes.
The Sub-fund may also invest: in convertible bonds or other debt instruments relating to equities, up to 10% of the Sub-fund's net equity, in financial instruments linked to emerging countries up to a max of 30%.
Income distribution method:
Accumulation
Benchmark or reference parameter (on a quarterly basis):
Merrill Lynch Euro Government Bills+20 bps
Subscription fees (maximum level):
Class C: 3.00%
Class I: 1.00%
Class Z: 3.00%
Management fee:
Class C: 1.00%
Class I: 0.80%
Class Z: 1.60%
Performance fee:
10% quarterly on Benchmark
