Fund Type:Fund of Funds
Asset Class:Mixed Allocation
Acer Finance - Ultima Defensif
Acer Finance - Ultima Defensif (PALMKDE:FP)
Ultima Defensif is an open-end fund registered in France. The objective of the Fund is to either achieve a comparable return or to outperform the EONIA Index and to achieve a sensitivity range similar to the EURO MTS 3-5 Year Index. The Fund invests up to 80 percent of its assets in other OPCVMs (Funds). The Fund can invest up to 20 percent in bonds or negotiable debt instruments.