Deutsche Bank has partnered with Edmond de Rothschild AM to launch Edmond de Rothschild Fund II Income 2024, an European multi-assets fund.
Edmond de Rothschild Fund II Income 2024, aimed exclusively at Spain and Portugal, has a time horizon of six years and seeks to obtain profitability with a moderate level of risk.
The new fund aims to preserve its capital at maturity in 2024 and to achieve a 2.5% annual return.
With an entry requirement of €100, the fund will be sold exclusively to Deutsche Bank Spain clients until 23 of July of 2018.
The portfolio, formed by around 280 positions, will be mainly diversified between equity and European corporate fixed income.
The fund’s management team assesses the companies beyond their mere credit rating and through its own rating system, which according the firm, has always provided good results to the French asset manager.
Luis Martín-Jadraque, director of Deutsche Bank Spain Investments Centre, said: “ In line with our bet on open architecture, we will be distributing the Edmond de Rothschild Fund II Income 2024 over the next months: a fund that, – aimed at moderate investors and combining the analysis of corporate bonds and equities – will provide interesting profitabilities at maturity with low risk.”