Inception: 17/04/2015

Inv. Manager: FIA Asset Management S.A.

Strategy: The main objective of this Sub-Fund is to maintain the real value of the assets over the medium term. It may have a maximum exposure of investments up to 100% of its assets in debt and debt-related instruments issued by both governmental and non-governmental issuers, with a maximum of 30% of the net assets invested in high-yield or sub-investment grade securities. The Sub-Fund may also have a maximum exposure of up to 25% of its assets in equities and equity-linked securities.

Geographical Area: Investments in the OECD countries mainly in European and United States markets.

Asset Class: Balanced Fund