Bankinter jumps on the "Megatrend" train, launches a fund that seems to be able to invest in a mishmash of asset classes. "Fund invests above 60% in companies without any constraints in
terms of market capitalisation, sectors, currencies or geographies.The
remaining part of the portfolio will be invested in public and private
fixed income instruments.The fund's portfolio could also have exposure to other asset classes
or factors including commodities, credit risk, volatility, interest
rates, inflation and currencies."
So what is the strategy? And how will the performance be measured as there is no clear benchmark against which such an asset mix can be compared.
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