hi! Would it be a good idea to move part of my investment from the Nasdaq $CSNDX (+1.71%) fund to fixed income $FR0000989626 securities to avoid potential losses due to interest rate cuts?”
GROGroupama Tresorerie ICFR0000989626N/A
GRO
Groupama Tresorerie IC
FR0000989626
N/A
Pricing
52W span
$42,896.99$47,459.66
Information
The management objective is to seek to achieve, over the recommended investment period, a return that is slightly above money market rates, after deduction of management fees. In the event of a very low level of money market interest rates, the yield generated by the UCITS would not be sufficient to cover the management costs and the UCITS would see its net asset value drop structurally.
Identifier
ISIN
FR0000989626