Agisa Renda

Investment policy

Agisa Renda is an Andorran Global Fixed Income fund in Euros. The fund will have at least 80% exposure to fixed income through fixed income instruments that may include government bonds, corporate bonds, private debt, promissory notes, structured credit notes, term deposits, etc. The fund may have up to 20% in investments other than fixed income such as stocks, funds, ETFs and commodities. There are no restrictions at geographical level, by rating or duration, although the limits of 10% per issue in governments and 3% per issue in corporates will be taken into account. The fund enjoys diversification at the level of asset classes and geographic exposure to avoid concentration of risks and correlation of strategies. At the rating level, the vast majority of issues will be investment grade, and high yield and non-rated issues may also be used. The average duration of the portfolio will range from 0 to 5 years, with the range of 3-5 years being the objective duration of the fund. The fund is actively managed and aims to outperform the euro money market and similar to its benchmark index, the Bloomberg Global Aggregate Euro Hedged. This investment fund is aimed at all types of investors, but especially those with a conservative risk profile who want to invest in fixed income assets. The minimum recommended investment horizon in Agisa Renda, F.I. It is 3 years. This fund is capitalization.