What does protected principal mean?
The fund invests assets exclusively in fixed income instruments, financial products that generate pre-known interest income (it does not invest assets in equities). In this way, it is possible to protect the targeted amount on a certain date in the future, in this case upon the maturity of the fund, April 23, 2027. It should be noted that the value of the principal during the life of the fund may be temporarily lower than the initial value (due to market fluctuations), and that the protection of the invested capital is valid only when the fund matures.