Anima to merge away two sub-funds into Euro Bond fund

Italy’s Anima is set to merge two smaller mutual funds into its Euro Bond strategy.

The Soul Target 2019 Plus fund and the Soul Target 2019 Plus II will be merged into the Anima Euro Bond Class.

According to the fund’s prospectus, the Anima Euro Bond Class fund seeks to provide an attractive rate of return, investing primarily in euro denominated floating and fixed rate government bonds listed or traded on any recognised Exchanges.

The merger of the sub-funds, managed by Gianluca Ferretti, was decided by Anima’s board of directors last November and responds to the achievement of the time frame of the two strategies.

ABOUT THE AUTHOR
Eugenia Jimenez
Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as assisting with coverage of Italy. She holds a UK NCTJ- accredited Multimedia News Reporting course and studied Journalism at the University of Sevilla. She has worked for local media organisations in Sevilla and Málaga, mainly in broadcasting as a news reporter, among other roles. She has also worked for a local newspaper in Sevilla, reporting on current affairs, local government and culture.

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