Lemanik Sicav Spring Inst. Cap EUR

The Sub-Fund mainly invests in income debt securities, Money Market Instruments or assimilated instruments, denominated in international currencies. The Sub-Fund is actively managed without reference to any benchmark. Investments in income debt securities, Money Market Instruments or assimilated instruments shall be made mainly with maturity less than 36 months without restrictions to duration and rating. The Sub-Fund may also invest its assets in units of UCITS funds (a type of fund designated under European Union ('EU') law and aimed at retail investors) and/or in other funds that are subject to local legislation. The Sub-Fund's investments in funds can never exceed 10% of the total net asset value. The investments shall be made without any geographical or economic restriction. The Sub-Fund's strategy is also to invest in Financial Derivatives Instruments (instruments whose prices are dependent on one or more underlying assets 'FDIs'). The Investment Manager is free to manage the exposure to relevant exchange rates and may decide to hedge (an investment position intended to offset potential losses) or not to hedge exchange risks. The Sub-Fund may also invest in a wide range of securities. To achieve its investment goals, for treasury purposes and/or in case of unfavourable market conditions, the Sub-Fund may invest in money market instruments and deposits on an ancillary basis. The Sub-Fund will use total return swaps to gain exposure to eligible indices which are composed by credit asset classes (such as EUR Investment Grade, US Investment Grade, EUR High Yield, US High Yield, US Leverage Loans, Liquid GBP securities) and/or residually to emerging market government and corporate bonds. The Sub-Fund may also use CDS (including CDS index tranche and credit options) either to buy credit protection without holding the underlying assets or selling credit protection in order to acquire specific credit exposures. For the purpose of sound and efficient portfolio manageme

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No