PBP Renta Fija Flexible FI

1,714.77
1.9158 / 0.11%
1,646.14 - 1,718.43-0.15
NAV in EURNAV change52-week range3-yr sharpe ratio

As of market close Nov 19 2014.

Total returns on €1,000

As of Nov 19 2014.Fund performance

Objective

The Fund has a target annual total return consisting beat the Euribor 1 month whose level of annual volatility is associated with between 1.6% and 3%. However this level of volatility will vary depending on market conditions at the time, which will be communicated to the participants in periodic reports. The Fund will invest 100% of total exposure, directly or indirectly through IIC (more than 10% of equity) in assets from Public and Private Fixed Income (including deposits or due within one year credit institutions in EU or OECD countries subject to prudential supervision). Exposure to currency risk could range between 0 and 50% of assets.

Profile

Fund typeOpen Ended Investment Company
Income treatmentAccumulation
Morningstar categoryAlt - Long/Short Debt
IMA sector
Launch date01/04/1991
Price currencyEUR
DomicileSpain
ISINES0147140034
Manager & start date
Not Disclosed
01/04/1991

Investment

Pricing frequencyDaily
Fund size
47.53m GBPAs of Oct 31 2014
Share class size
47.53m GBPAs of Oct 31 2014
Net expense ratio1.11%
Initial charge--
Annual charge1.00%
Exit charge0.00%
Min. initial investment234.00 GBP
Min. additional investment234.00 GBP
Min. regular investment0.00 GBP
UK ISANo
Available for saleSpain

Diversification

Asset type

Non-UK bond
59.86%
Cash
39.56%
UK bond
0.58%
Other
0.00%
Non-UK stock
0.00%
UK stock
0.00%

Top 5 sectors

Sector weighting data is unavailable.

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Spain(Kingdom Of) 2.1%--12.95%
Spain(Kingdom Of) 0.481%--8.57%
Spain(Kingdom Of) 4.5%--6.38%
Bpe Financiaciones 2.5%--4.73%
Banco Popular Espa 3.5%--4.64%
Data delayed at least 15 minutes, as of Sep 30 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

The videos and white papers displayed on this page have not been devised by The Financial Times Limited ("FT"). FT has not selected, modified or otherwise exercised control over the content of the videos or white papers prior to their transmission, or their receipt by you. The videos, white papers and other documents displayed on this page are paid promotional materials provided by the fund company. Any prospectus you view on this page has not been approved by FT and FT is not responsible for the content of the prospectus.

The information made available to you does not constitute the giving of investment advice or an offer to sell or the solicitation of an offer to buy any security of any enterprise in any jurisdiction. The securities listed above are not registered and will not be registered for sale in the United Sates and cannot be purchased by U.S. investors as the securities can only be purchased in jurisdictions where they have been registered for sale or where an exemption from registration applies. The offer, sale or delivery of the securities within the United States or to, or for the account or benefit of, U.S. Persons is not permitted except pursuant to an exemption from registration under U.S. securities laws, which may not be available; and the availability of the information through the website does not alter or change the persons eligible to purchase the security.

All managed funds data located on FT.com is subject to the FT Terms & Conditions. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2014
All Rights reserved

© 2014 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.