Funds in SpainMerchbanc Fondtesoro Corto Plazo FI

Invest in Merchbanc Fondtesoro Corto Plazo FI

Money Market fund denominated in euros managed according to the Prisma philosophy.

Invest in Spanish State Debt or other State Debt of the eurozone with the same or higher rating level and in the short term. The fund's performance is directly related to short-term market interest rates.

This fund has the status of Fondtesoro as the management company has signed a collaboration agreement with the Public Treasury, by which it undertakes to invest mainly in Treasury Stock and to meet certain requirements. The investor can raise his investment for any time period.
Type of fund
Money Market
Value Date
25.04.2024
Net asset value
1,500.46 €
Return YTD
1.02 %
Net assets
8,282,488 €
Inception Date
27.08.1990
Cumulative Return
149.66 %
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Merchbanc Fondtesoro Corto Plazo

General Information

  • Currency

    EUR

  • ISIN code

    ES0162331039

  • Minimum investment

    None

  • Bloomberg code

    MERCBFT SM

  • Inception date

    27/08/1990

Distribution of Assets

  • Minimum Fixed Income / Liquidity

    -

  • Maximum Equities

    -

Fees

  • Management

    18% on perfomance with a
    maximum of 0.60 % on Net Assets
    and 3.33 % on positive performance.

  • Subscription

    No fee

  • Depositary

    0.08 % on Net Assets

  • Redemption

    No fee

  • Transfer

    No fee

Why invest in mutual funds?

An ideal investment alternative

Mutual funds offer almost immediate liquidity allowing the possibility of redeeming part or all of the investment made. This provides great flexibility when planning investment needs, adjusting to each individual’s personal circumstances.

Investing in mutual funds managed by Prisma Asset Management is an investment with no permanence commitments or minimum amounts. Our expert, pioneering investment team has managed Merchbanc's investment funds since their inception in 1987.

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