(LF) Absolute Return Fund

Investment Objective :

The investment objective of the Sub-Fund is to invest its assets mainly in transferable debt securities (incl. fixed and variable interest rate securities) such as government and corporate bonds but also in equities, admitted to an Official Listing or dealt in on Regulated Markets. The Sub-Fund may invest more than 35% of its assets in US and/or German government debt securities.

The Sub-Fund could also use (buy or sell) futures/swaps/options on equity indices and interest rate, bonds and foreign exchange worldwide. The Sub-Fund may also gain credit exposure to specific issuers through the use of credit derivatives such as credit default swaps and options on such credit default swaps and to foreign exchange through the purchase of foreign exchange futures contracts. 
Liquidities, undertakings for collective investments, financial derivative instruments and structured financial instruments may be used within the limits described in sections 3.1. and 4. of this Prospectus.

Where the Sub-Fund invests in accordance with the principle of risk spreading in transferable securities or money market instruments issued or guaranteed by an EU member state, by its local authorities or by an eligible state or public international bodies of which one or more EU member states are members, the Sub-Fund may invest 100% of the net asset value in such securities provided that it holds securities from at least six different issues and the value of securities from any one issue must not account for more than 30% of the net asset value of the Sub-Fund. 

The Investment Manager will manage the Sub-Fund’s assets with a view of medium volatility of returns for the Sub-Fund; the volatility is expected to be close to 5% annualised.

Addresses :

This Sub-Fund is suitable for investors with a long term horizon, who are seeking capital appreciation and are prepared to accept medium risk to their capital. 

Note : On May 24, 2013 the Eurobank (LF) Absolute Return Fund has absorbed the Eurobank (LF) Absolute Return II Fund ; for relevant notice to unit holders, please click here.

Note : On January 29, 2015 the (LF) Absolute Return Fund has absorbed the (LF) Special Purpose 5.5% Equity Formula € Fund according to the notice to unit holders published on December 19, 2014 .

Note : On March 5, 2015 the (LF) Absolute Return Fund has absorbed the (LF) Special Purpose Click Fund according to the notice to unit holders published on January 23, 2015.

Note : On February 9, 2016 the (LF) Absolute Return Fund has absorbed the (LF) Special Purpose All Weather Fund and the (LF) Special Purpose Double Click Fund according to the notice to unit holders published on December 29, 2015.

Note : On March 9, 2016 the (LF) Absolute Return Fund has absorbed the (LF) Special Purpose Equity Formula Bonus Fund according to the notice to unit holders published on January 28, 2016.

FACTSHEET (LF) Absolute Return Fund
KIID Postbank (LF) Absolute Return Fund
KIID Eurobank (LF) Absolute Return Fund
KIID Private Banking Class (LF) Absolute Return Fund
KIID Eurobank I (LF) Absolute Return Fund
UCITS DO NOT HAVE A GUARANTEED RETURN
AND PREVIOUS PERFORMANCE DOES NOT GUARANTEE FUTURE RETURNS
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