The one industry investment funds have a greater presence among Mexican investors has been the main challenge faced by Operators
In an interview for The EconomistFanny Rodriguez, CEO of Investment Funds of multivaconsidered that Mexico has all the potential to grow this sector, however, greater dissemination is required, hence the importance of the Morningstar Awards.
“The work you do morning star It is very important in this industry and in this country, because although it is growing, it is still in its infancy, so by supporting us with these awards, the industry is made known, which is what we all want,” said the director.
This year, Multiva’s MULTIED BF-1 fund was recognized by Morningstar as the Best Mixed Fund in the industry.
“We are very happy within the institution because it is not easy to reach these awards that qualify many aspects within an important range of competitors who analyze to reach this, and having achieved it gives me great pleasure,” he emphasized.
According to Fanny Rodriguez, the objective of the winner’s fund is to generate value for its shareholders by investing in a diversified portfolio between debt investment funds, which in turn invest in securities denominated in foreign currency and variable income that invest primarily in global stocks and indices; dedicating between 50% and 80% of its assets to the latter.
“This is a fund that gives a plus, in addition to investing in a checkbook that gives you the return in dollars, which is the natural refuge that is expected not to have greater volatility, here the plus is given not only by investing in that part of dollars, but we do it through being able to invest a part of that fund in equities but always in foreign markets, basically the United States”.
Likewise, he recalled that it is a fund that any investor can access, since there are series for individuals or legal entities.
perspectives
Finally, the Multiva board pointed out that due to the global context that is being experienced by the Russia-Ukraine conflict, in addition to high inflation, it is expected that 2022 will have several increases in interest rates.
“If it is not a pandemic it is called inflation, if it is not inflation it is war, the combination of things has been very complicated, I believe that in Mexico we will be forced to raise rates, 7.25% will be the least we see or even more” , concluded the CEO of Multiva Investment Funds.
