KBC Bonds High Interest I
The fund invests in government or equivalent bonds with a yield differential of at least 50 bp above the German government bond. It is composed of a basket of currencies, with a strong international and regional diversification. The benchmark is the JP Morgan Global Government Broad Index (tracking error between 1% and 6%). The fund aims to outperform its benchmark by taking active positions based on a general view with regard to risk aversion and the carry trade as well as on the analysis of individual countries and currencies.