News

• Investor subscriptions now stand at €55 million, successfully attaining the target for March Renta Fija 2025 Garantizado, F.I., launched by Banca March on 1 August.
• The fund offers 12 liquidity windows with no redemption fees and is aimed at conservative investors seeking an alternative to holding cash.
• Against a backdrop of uncertainty and volatility, this new product offers an annual net return of 1.68% to maturity.
• The subscription target was achieved a month ahead of schedule, evidencing the trust placed by investors in Banca March, which boasts the strongest CET 1 capital adequacy ratio (18.54% at December 2021) in the Spanish banking sector and one of the highest in Europe, as well as the strongest LCR (217.74%), DTL (153.35%) and NPL coverage (58.19%) ratios in the industry.
• Investors have been able to subscribe to this guaranteed fund with free liquidity windows through Avantio, the most comprehensive investment platform on the market, launched by Banca March to digitalise its recognised private banking model and meet the needs of future generations of customers.

A guaranteed fund which offers liquidity

There is no minimum investment or initial fee and investors enjoy 12 liquidity windows with no redemption fees. The fund is invested in European bonds with both principals and interest guaranteed by Banca March, which is rated A3 by Moody's with a "stable" outlook, positioning it as one of the best rated financial institutions in the Spanish financial sector, ahead of the Kingdom of Spain (currently Baa1). The product is a great alternative to cash for investors seeking to invest in the medium term with a view to preserving their capital.

Javier Escribano, Managing Director of March AM, said: “We reached our target subscriptions for March Renta Fija 2025 Garantizado a month ahead of schedule. This outstanding response from savers and investors shows that we offer compelling products for our customers, who continue to place their trust in Banca March, Spain's most solvent bank. In line with our commitment to offering our customers the best capital preservation solutions, we continue to channel our efforts every day into ensuring our teams deliver excellent customer service and unrivalled advisory proposals”.  

Available on Avantio

The new fund was made available through Avantio, the most comprehensive investment platform on the market, launched by Banca March to digitalise its recognised private banking model and meet the needs of the future generations of customers. This new service positions the bank at the forefront of online banking, offering the strongest omnichannel provision whilst remaining fully committed to delivering the tailored, expert advice which is the hallmark of Banca March.

Avantio boasts the most advanced tools in the sector and features over 30,000 investment products by the world's largest asset managers. Its core features include a new, advanced search function for specific securities, funds and pension plans, timely access to Banca March's market strategy recommendations, real-time reporting on trading prices and an online reporting service offering customers clear, detailed, easily accessible information on their positions 24 hours a day, seven days a week.

The platform allows investors to implement their own investment decisions at any time through the online broker service, as well as enjoying constant access to Banca March's expert advice. New customers opening an Avantio digital account are eligible for a 1% bonus on the total transfer amount of their fund portfolios up to a maximum bonus of €2,000.