The goal of Ducal Income Euro Fund is to generate income and long term capital appreciation by investing in euro denominated debt securities.
The fund will mainly and directly or indirectly invest in a portfolio of investment grade debt securities issued/guaranteed by the governments, local authorities/public authorities of the European Union. The fund may also invest up to 25% in non-investment grade debt securities provided that the issuer is a member of the European Union.
The fund is managed in an active and flexible manner compared to the benchmark on the basis of quantitative and qualitative analyses of the world economy and financial markets, especially interest rate markets and central banks policies. The fund may temporarily keep 100% of its assets in liquidities. It can invest directly in money market instruments or indirectly through a fund or it can have current or savings accounts in euro.