Period of guarantee

Period during the one which is necessary keep the investment in a guaranteed fund in order profit from the conditions of the guarantee, whether of conservation of capital or profitability. The guarantee just is effective and exigible by the participant in a date future (maturity of the guarantee). The reimbursements carried out before that moment, during the so-called period of guarantee, in general not are covered by the same one and usually be subject to the payment of redemption fees.