Bankable Fund Government backed
Who should invest?
The Bankable Fund - Government-backed is intended for both retail clients and professional investors. Suitable for investors interested in a diversified portfolio of short government-backed securities, the objective of Bankable Fund - Government-backed is to achieve a rate of return equivalent to that of short-term government-backed securities by investing in a diversified portfolio of government-backed instruments.
Securities and other government-backed receivables comprise 90-100% of the fund?s total assets; deposits account for 0-10%. The mean duration of bonds in the fund shall be from 0 to 1 year while individual bonds may have a maximum 5Y duration.
|Government Backed Securities
About the Fund
Bankable Fund - Government-backed is a UCITS fund, operated in accordance with Act No. 30/2003, on Undertakings for Collective Investment in Transferable Securities (UCITS) and Investment Funds. The fund is operated by management company Landsbréf hf., under license from the Icelandic Financial Supervisory Authority (FME). Landsbankinn is the fund's custodian bank. All further information on the fund is provided in the prospectus and at Landsbankinn offices and branches.
- Contact us by phone +354 410 4040 | e-mail | Online form
- Landsbanki - Investments and Pension Services
- Austurstraeti 11
- 155 Reykjavik, Iceland
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View fact sheet
Nominal Return 1/1/0001