Mediobanca SGR has expanded its fixed income range with the launch of a high yield bond fund.
Mediobanca HY Credit Portfolio 2025 invests in bonds, both listed on regulated and unlisted markets, of government issuers, local authorities, supranational bodies/corporate issuers, mainly denominated in euro. It seeks a higher yield through bond investment in currencies, particularly in dollars and pounds, with a maximum exposure to exchange rate risk of 30%.
The Fund, which invests in the High Yield bond segment with a time horizon in line with the asset class that aims at medium to long term investments, implements a "buy and hold managed" approach.
According to Mediobanca, this approach allows to actively face the peculiarities of the high yield space: from the reinvestment of coupons and / or capital (repurchase's offerings) to the management of critical situations related to individual issues and the analysis of any new opportunities on the market in line with the construction and objectives of the portfolio.
The fund can be subscribed through CheBanca! and Mediobanca Private Banking until 14 of March.