PRIMARILY INVESTS IN
  • Money market instruments
INVESTMENT HORIZON
  • Short-term (less than
    one year)
CURRENCY
CATEGORY
  • Money Market Fund
DISTRIBUTION
BY REGION / SECTOR
  • Europe

Features


The sub-fund was set up as a money market fund. It seeks to achieve capital gains and to preserve the capital invested and provide returns in line with money market interest rates by investing in a diversified portfolio of money market instruments and euro-denominated deposits held by credit institutions. The sub-fund can also invest in instruments not denominated in euro provided that exposure to exchange rate risk is fully hedged upon the conversion to euro.

It invests in instruments whose time to maturity is less than or equal to 2 years, provided that the time remaining to the next date the interest rate will be set is less than or equal to 397 days. Assets are valued using the amortised cost method.

Revenues from investments are re-invested.

MUTUAL FUNDS & UNITS IN COLLECTIVE INVESTMENT SCHEMES HAVE NO GUARANTEED RETURN & PAST RETURNS DO NOT GUARANTEE FUTURE ONES.