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Assogestioni Category: Balanced Bonds
A balanced management line with a medium-term holding period (36 months) and a moderate risk profile. The product’s risk-return level is a combined function of its exposure to equity markets, which represent between 20% and 40% of assets, and the interest-rate volatility of the bond component. Management aims to achieve balanced investment in equities, bonds, and units in CIUs offered by the leading international management firms by setting the percent weight of each investment class according to market growth expectations.
Minimum recommended assets under management: 250,000 Euro
| BONDS |
Up to 80% of invested assets* |
| SHARES | no less than 20% and no more than 40% of invested assets |
| UNITS/SHARES IN CIUs | Up to 100% of invested assets |
| DERIVATIVE INSTRUMENTS | No more than 20% of invested assets |
| Financial leverage |
1 |
| Benchmark | 9% Standard & Poor's 100 in Euro 18% Dow Jones Stoxx 50 in Euro 3% Nikkey 225 in Euro 55% Merrill Lynch EMU Direct Govt Bonds (1-10 years) 15% Italy Govt Bonds Capitalisation (BOT MTS) |
| Annual management commission: |
1% |
| Performance commission: |
20% of appreciation of investment |
| *: of which investments in structured and convertible debt securities may not exceed 25% |
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