Italia PIR is the Luxembourg-based Kairos International Sicav’s flexible equity fund.

KIS Italia PIR’s portfolio is built around three asset classes: Italian equities, European equities (large caps) and corporate bonds. The Fund meets the investment limits established for individual savings plans (“PIR”) in Italy:

– at least 70% is invested in financial instruments issued by Italian or European companies with a permanent establishment in Italy;
– at least 30% is invested in financial instruments issued by companies not listed on the FTSE MIB or an equivalent index.

The highly active, long/short management style is aimed at achieving positive returns in the medium to long term with a particular focus on risk containment.