Pictet-Short-Term Money Market GBP TC Fonds

So investiert der Pictet-Short-Term Money Market GBP TC Fonds: The Fund qualifies as a fund in accordance with the MMF Regulation. The Fund invests in money market instruments and in deposits that meet the applicable criteria set in the MMF Regulation, denominated in GBP or systematically hedged to this currency. Money market instruments must: • Have received a favourable assessment pursuant to the Management Company internal credit quality assessment procedure; and • Be issued by issuers that have a minimum rating of A2 and/or P2 as defined by each of the leading rating agencies. Investment objective To preserve the value of your investment, while achieving a return in line with money market rates.