Fixed Income
IMGA FINANCIAL BONDS 3 1/2 Y
| Assets under Management | LATEST SHARE PRICE | PROFITABILITY | |||
|---|---|---|---|---|---|
€ 5,117,714 (30.08.2024) |
1 year [ Risk Level ] |
3 years [ Risk Level ] |
5 years [ Risk Level ] |
||
| € | |||||
| () | |||||
| Assets under Management |
|---|
€ 5,117,714 (30.08.2024) |
| LATEST SHARE PRICE | PROFITABILITY | ||
|---|---|---|---|
| 1 year [ Risk Level ] |
3 years [ Risk Level ] |
5 years [ Risk Level ] |
|
| € | |||
Asset Class: Fixed Income
Launch Date: Jun-23 May-23
Benchmark: The Fund follows an active management approach not considering any benchmark.
Initial Subscription: € 100,000 1,500
Subscription Fee: 7% with a minimum amount of € 100,000
Redemption Fee: 0% on liquidation, 5% until 1 year, 4% until 2 years and 3% until 3,5 years according to the investment period
Management Fee: 1.25% / year 1.25% / year
Depositary Fee: 0.06% / year
Cash Settlement: Available on the 5th day after redemption request
Currency: EUR
Income Policy: The purpose of the Fund is to annually distribute a yield of 3.5%, in the 1st year of the Fund's anniversary and a minimum of 1.5% (annual rate) in the 2nd and in the remaining period of the Fund's life, (April 30, 2025 and October 30, 2026, respectively) calculated on the initial value of the participation unit the Fund (10 Euros). The last payment, on October 30, 2026, will correspond to an effective rate of 2.25% for the relevant period.
Management Company: IM Gestão de Ativos - Sociedade Gestora de Organismos de Investimento Coletivo, S.A.
Return:
Return:
Return:
Return:
The return presented is for the selected period and based on the value of the fund units. The chart represents an investment of €10,000 in the fund during this period.
*Average of comparable national funds - source APFIPP
Discrete annual return - the graph above reports the appreciation or devaluation of the fund or a basket of funds in a given period of time, in this case, corresponding to a calendar year and the last 12 months.
- A minimum of 80% of the investment will be made in a universe of bond issues of 25 to 30 major European and North American senior debt entities, with Investment Grade credit ratings from at least one international reference agency, or, if not rated, equivalent credit risk from the point of view of the entity responsible for the management.
The share value on the reference day is updated daily, except for Saturdays and Sundays when there are no value updates. Calculation refers to the last 12 months for each of the Return and Risk Metrics as of
Share Classes A and R are aimed at Non-Professional Investors, Professional Investors and Eligible Counterparties who prefer low volatility of share prices and reduced probability of capital devaluation. The return on investment will be stable and approximate to the interest rates of the money markets, whereby the Fund can be seen as an alternative to traditional investments of similar risk, provided that the client assumes the uncertainty as to the future return of the Fund.
The recommended investment term is the Fund's duration (3.5 years), so it may not be recommended for investors who intend to redeem before October 30, 2026.
The Figures presented do not include those resulting from the use of a financial derivative instruments, namely, futures contracts used for hedging purposes. Fund's portfolio, by asset class, as of
Prospectus (Portuguese version only)
The published returns represent past data, and do not constitute a guarantee of future profitability. The reference periods considered are the last quotation date and the quotation on the same date in the previous 12 months, 3 and 5 years. Annualized returns would only be obtained if the investment was made and maintained throughout the reference period. For the purpose of calculating returns, redemption fees are not taken into account, when applicable, and are net of all other fees. The value of the units may increase or decrease depending on the level of risk that varies between 1 (minimum risk) and 7 (maximum risk).
Note: Since January 1st, 2023, with the implementation of the PRIIPS Regulation, the Summary Risk Indicator (SRI) replaced the Summary Risk and Remuneration Indicator (SRI) as the Funds' risk indicator.
Investment in funds may result in the loss of invested capital if the fund is not guaranteed capital. The tax regime for investment funds was changed as of July 1, 2015, whereby the figures disclosed until June 30, 2015 are deducted from the tax then borne by the fund but do not take into account the tax that may be due by the Participants in relation income earned in the period after that date. Investing in the funds does not dispense with reading the Basic Investor and Prospectus Information, available on this website, at www.cmvm.pt and on the respective distributors' websites (Millennium bcp, ActivoBank, Crédito Agrícola, Banco Invest, Bison Bank, Banco Best and IM Gestão de Ativos), before making the decision investment. For any additional information, contact us at 21 120 91 00, Monday to Friday from 9:00 am to 6:00 pm.
