2023-11-07 18:40:41
Ibercaja Management has launched its new Ibercaja Public Debt 2025 fund, aimed at savers with a conservative profile.
The new fund has a profitability objective of 2.6% APR, and will invest in German, Spanish, French and Italian public debt.
The investment strategy of this fund will consist of building a stable portfolio of public debt from the main economies of the Euro Zone, specifically Germany, Spain, France and Italy, maturing in December 2025, aspiring to obtain the attractive returns that presents the public debt.
As explained by the director of Ibercaja Management, Lili Corredor, «the public debt curves generally continue without gaining too much slope, since the short tranches are quoted at similar returns at higher maturities. In this environment, in the manager we see value so that savers with a more conservative profile can take advantage of the middle sections of the curve with the Public Debt portfolio that we are building.
This investment fund can be subscribed until September 30 of next year and does not have redemption fees, which provides the fund with daily liquidity without penalties for participants.
The net asset value for redemptions prior to the target profitability date will be at the market price, subject to fluctuations depending on the profitability that the product may accumulate, but without any type of penalty for the client.
With this new fund, the Ibercaja manager becomes the most active entity this year, with a total of seven investment funds launched so far.
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