The mutual funds Montségur Sécurité is essentially based on the selection of fixed income products from the eurozone and debt of money market instruments denominated in euro and rated in the category "investment grade" by rating agencies.

The purpose is to insure regular performance, superior to the representative index of the income of short-term european government bonds and to preserve the funded capital.

Description du Fonds

1- Bonds and money market instruments

The fund may select fixed income securities, debt of money market instruments denominated in euro, as well as floating rate notes. The average rating of the bonds shall be at least investment grade, i.e. rated at least A3/P3 or BBB/Baa3 by the rating agencies Standard & Poor’s, Moody’s or Fitch Ratings.

However, the manager reserves the right to invest in bonds whose rating is below investment grade in a 10% limit.

2- Mutual Funds (UCITS)

The fund may invest a maximum of 10% of its assets in units or shares of UCITS on an ancillary basis.

The manager may temporarily and in a maximum of 10% of its assets invest with securities with embedded derivatives (warrants, credit ling note, EMTN) traded on eurozone, regulated or over-the-counter markets in order to achieve the investment objective.

Caractéristiques

• Code ISIN : FR0010559336
• Pricing frequency : daily, except public holidays
• Initial net asset value : 100 €
• Minimum subscription amount : one thousandth
• Date of creation : 31/12/2007
• Depositary : CM-CIC SECURITIES
• Conditions of subscriptions and redemptions : The subscriptions and redemption orders are centralised through CM-CIC Securities until 11:00am and are executed on the closing price.
• Classification : Bonds and other debt securities denominated in euro.
• Mutual fund with a maximum of 10% of its assets in units or shares of UCITS.
• Taxation system : Linked with life insurance contracts.