(LF) Absolute Return Fund

Investment Objective :

The investment objective of the Sub-Fund is to invest its assets primarily in transferable debt securities (incl. fixed and variable interest rate securities) such as government and corporate bonds, admitted to an Official Listing or dealt in on Regulated Markets.

The Sub-Fund could secondarily purchase futures contracts on recognized equity indices and interest rate/bond futures worldwide. The Sub-Fund may sell interest rate/bond futures to reduce participation in the bond markets or to produce gains for the Sub-Fund in falling bond markets and sell futures on equity indices in order to produce gains in falling equity markets. 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, structured financial instruments, securities lending and repurchase agreements may be used within the limits described in sections 3.1. and 4. of this Prospectus.

The Investment Manager will manage the Sub-Fund’s assets with a view of (i) preservation of capital over a three-year period and (ii) low volatility of returns for the Sub-Fund ; the volatility is expected to be close to 2% annualised.

Addresses :

This Sub-Fund is suitable for investors with a medium term horizon, who are seeking capital appreciation and are prepared to accept a low residual risk to their capital with generally lower volatility than that of high duration bond or equity funds.

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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