Edmond de Rothschild Credit Very Short Term BH Fonds VALOR 36942595 / ISIN FR0013250578

So investiert der Edmond de Rothschild Credit Very Short Term BH Fonds: The management objective is, by investing in money-market and interest-rate markets, to outperform its benchmark (after management fees have been deducted) which is the capitalised EONIA for euro units, the Fed Funds for units denominated in USD, over the recommended investment horizon. In the event of very low or even negative interest rates on the money market, the yield generated by the UCITS would not be sufficient to cover the costs of management and the UCITS’ net asset value would fall structurally.