MERCHRENTA is a Sub-Fund of MERCHBANC SICAV and its reference currency is Euro.
MERCHRENTA is a sub-fund that is 100% invested in Fixed Income securities (including deposits, liquid money market instruments, listed or not) from both public and private OECD issuers. The prevailing currency of the issues is Euro. Occasionally the sub-fund may invest in fixed income securities in emerging markets.
The average duration of the portfolio ranges from -2.5 to +7 years.
Management fee: 0.90% on Net Assets
Custodian Fee: 0.03% on Net Assets
Subscription fee: none
Redemption fee: none
Redemption or Switch fee: none
Total fixed expenses ratio: 1.81%
Data at close of year 2016
On April 16th, 2015, MERCHBANC SICAV RENTA FIJA FLEXIBLE merged with MERCHBANC SICAV EURO SHORT TERM. Follow this link to view MERCHBANC SICAV EURO SHORT TERM historical performance.