This fund invests
90% in
short-term fixed-income securities (Spanish T-Bills) issued by the
government and 10% in international and Spanish equitie, seeking undervalued
companies with high long-term upside.
Active managed mutual
fund whose objective is to achieve sustainable returns (a few points above
Spanish T-Bills), considerably minimising risk. In the past
thirteen years
(in an environment with extremely low interest rates) the fund has achieved an
average annual
return of over 4% with a low volatility.
Appropriate for investors
who do not want to take any risks and who are looking for higher returns than
with T-Bills assuming a very low risk, with an investment horizon of
one to two
years.
