BBVA Global Bond is a flexibly managed fund that invests its assets, directly and indirectly through CISs, in a diversified public and private fixed-income high-quality portfolio of issuers from OECD countries, with a 50% cap of the portfolio invested in emerging and high yield debt. There is active management that lets the fund manager modify the mix of term, credit exposure and currencies, consequence of the selection of issuances and positioning along sections of the credit curve with the highest value at any given time, with no geographical o duration restrictions. Currency exchange risk may be up to 100% of total exposure. Portfolio management is independent of its benchmark index.
Recommended for an investment term of more than 2 years.