KIS Active Bond ESG is a flexible bond fund which invests mainly in the European market and in particular in corporate and financial bonds which comply with ESG logic. The core part of the portfolio consists of Green, Social and Sustainability Bonds. The focus is accentuated on credit.
The management style is active, with a top-down approach linked to the choice of sectors, duration and strategic positioning which, combined with a careful bottom-up analysis with attention to the individual issuer, are the filter for defining the investment universe. The strategy is totally flexible, with a focus on the European corporate market, with the possibility of investing internationally on an opportunistic basis.
The construction of the asset allocation is guided by broad diversification and minimization of the correlation between existing positions, calibrating the risk/return ratio. The individual strategies are implemented with a view to optimizing returns, following a rigorous risk budgeting approach.
The idea of the team is to look for investment opportunities through:
– credit strategies;
– interest rate strategies.
The main objective of management is capital appreciation in the medium term.
Recording date November 2020
Flexible fixed-income fund
Top-down approach integrated by a rigorous bottom-up fundamental analysis
Focused on the European fixed income market that respects ESG criteria
To achieve capital appreciation over the medium-long term