EVO
Fondo Inteligente Renta Variable

The sub-fund will have a global investment universe, taking the MSCI World Net Total Return EUR Index as its benchmark. It will invest more than 50% of its assets in financial IIC, harmonized or not (maximum 30% in IIC not harmonized), belonging or not to the Group of the Management firm. These IICs will be mainly ETFs.

The fund will invest, directly or indirectly through IICs (mostly ETFs on stock indices), more than 75% of its total exposure in equities, without any predetermination in market capitalization, sectors, markets or countries, being able to invest in emerging countries . Investing in low market capitalization assets can adversely affect the liquidity of the fund.

The rest of the total exposure will be invested in public / private fixed income of at least average credit quality (minimum BBB- by Standard & Poors or equivalent) or that of the Kingdom of Spain, if lower, from OECD issuers / markets. For unqualified issues, will take into account the rating of the issuer itself. The average duration of the fixed income portfolio will be less than 3 months. Exposure to currency risk may range from 0 to 100%.