SCALE OF FUNDS

Fixed revenue

The funds of fixed revenue are, to big features, investments in debt of public or private patrimony.

Between the most popular we can find, for example, the bonds or Treasury bills or the notes of a company.

� Euro

FF Euro Bond Fund

It offers a few attractive yields with laposibilidad of growth of the capital. He invests principally in fixed revenue so much public like private road expressed in member countries of the European Monetary Union (UME) and denominadaprincipalmente in euro or in the national currency of a member country.

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FF II Euro Corporate Bond Fund

His target is to offer attractive profitability with the possibility of growth of the capital. He invests principally in fixed revenue private road expressed in member countries of the Monetary Union European and named in euros or in the national currency of a member country.

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FF Europaean High Yield Fund

It offers a relatively high yields level with the possibility of growth of the capital investing principally in bonds of European companies of high profitability.

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FF II Euro Short Term Bond Fund

The portfolio will take as a target to provide to the investors entire profitability that includes income and the possibility that the capital grows.

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FF Emerging Market Debt Fund

This Subfund takes as a target to achieve so much the growth of the capital as of the income investing principally in debt values of international emergent markets.

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FF US High Yield Fund

This fund tries to obtain a high level of current income and increases of patrimony investing, fundamentally, in values of high profitability and issuers' minor quality that have his principal managerial activity in the United States

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� Dollar

FF Energing Markets Debt Fund

The Subfund takes as a target to achieve so much the growth of the capital as of the income investing principally in debt values of international emergent markets.

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FF US Dollar Bond Fund

It offers a few attractive yields with the possibility of growth of the capital. The part of not governmental fixed revenue of the portfolio incluyebonos expressed by state organisms and �entidades supranational �, in addition to a diversified scale of corporate bonds.

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FF International Bond Fund

This fund offers a few attractive yields conla possibility of growth of the capital investing in a diversified international portfolio of deudap�blica and private road. Not governmental part of the portfolio includes bonds expressed by public organisms and �entidades supranational �.

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� Pound sterling

FF Sterling Bond Fund
It reaches an attractive level of yields and a possible capital growth. The fund is invested in a combination of public debt and private fixed revenue.
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