The Objective of the fund is give to participates the, with a horizon of investment set in the 2040, a return and suitable risk to the above-mentioned time horizon through the diversified investment in overall investment assets. So much will be invested in fixed income, equities and other alternative assets mentioned in the current legislation with regard to investment.
As it passes the time, will go decreasing gradually the exhibition to assets of major risk and increasing the weight in anyone who are received as more conservative. The objective is go reducing the total volatility of the fund, adapting thus to the time horizon of 2040, which is why the investing vocation of the fund will evolve in agreement does it its asset portfolio.
Once reached the objective date, the portfolio will be managed in a discretionary way.
Investments in Equities : The fund will be able to situate its investment in Equities between 10% and 75% of the total exposure, basically, in securities whose issuers belong to member countries of the OECD, good in a direct way or indirect, via Collective investment Institutions (CII), and of open Pension funds. It will be able to invest up to a maximum of 20% of the assets of the fund in emerging country' equities, in order to diversify the portfolios. In any case, the minimum exposure to equities will be placed at lathe at 10% of the total exposure.
Investments in Fixed Income : understands investments of direct or indirect way, in credit and government fixed-income securities, deposits and other monetary assets, and general in any suitable asset according to the current legislation at all times.