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Assogestioni Category: Balanced Bonds
The line aims to achieve balanced investment through a high degree of diversification of instrument types employed and management styles. It has the following characteristics: a medium-term holding period (36 months), a moderate risk profile, and predominant use of units and/or shares in CIUs that invest in all of the main euro area equity and bond markets.
Minimum recommended assets under management: 100,000 Euro
| BONDS |
Up to 90% of invested assets* |
| SHARES | no less than 10% and no more than 30% of invested assets |
| UNITS/SHARES IN CIUs | Up to 100%, of which investments in shares between 10% and 30% |
| DERIVATIVE INSTRUMENTS | Up to 20% of invested assets |
| Financial leverage |
1 |
| Benchmark | 12% Dow Jones EuroStoxx 50 55% Merrill Lynch EMU Direct Govt Bonds (1-10 years) 25% Italy Govt Bonds Capitalisation (BOT MTS) |
| Annual management commission: |
0.4% |
| Performance commission: |
No performance commission |
| *: of which investments in structured and convertible debt securities may not exceed 25% |
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