Invests in the money market and debentures, primarily in euros. Actively manages the duration and maturity structure based on yield spreads and interest rate prospects.
This is a flexible fixed income fund that may invest in both sovereign and corporate debt, depending on the market situation. Within corporate debt, the fund has room to invest in issues of varying credit quality, with an emphasis on investment-grade.
As part of the analysis process, issues are meticulously selected by assessing their growth profile, balance sheet strength, debt structure, and other criteria. The portfolio is highly diversified among various issues and issuers.