*Formerly Mirasset Gestión SICAV*
The SICAV may invest between 0% and 100% of its assets in financial UCITS, whether harmonized or not, belonging to the Management Company’s group or not, with a maximum limit of 30% in non-harmonized UCITS.
The SICAV may invest, either directly or indirectly through UCITS, in equity, fixed income, or other assets permitted under current regulations, with no predetermined allocation percentages among asset classes. The entire portfolio may be allocated to any of these asset classes. Within fixed income, investments may include sight deposits or deposits redeemable with a maturity of less than one year in credit institutions based in the European Union or any OECD member state subject to prudential supervision, as well as liquid, non-listed money market instruments.
There is no predetermined objective or maximum limits regarding asset allocation by issuer type (public or private), issuer/issue rating, duration, market capitalization, currency, economic sector, or country. Investments in emerging markets are allowed. Currency risk exposure may reach 100% of the portfolio. The SICAV does not follow any benchmark index for its management.
The maximum market risk exposure through derivative financial instruments is equivalent to the net asset value. More than 35% of the portfolio may be invested in securities issued or guaranteed by an EU member state, a regional or local government, international organizations of which Spain is a member, or states with a creditworthiness not lower than that of Spain. The fund diversifies investments across at least six different issuances, and investments in securities from a single issuance do not exceed 30% of the fund’s total assets.
Trading in derivatives listed on organized markets is permitted.
Team Managed
