Investment objective :
The investment objective of the Sub-Fund is to invest primarily its assets in equity and fixed income securities mainly denominated in Romanian currency or carrying exposure to Romania, admitted to an Official Listing or dealt in on a Regulated Market.
More specifically, the Sub-Fund is invested :
Secondarily the Sub-Fund invests in bank deposits, money market instruments as well as in financial derivative instruments and structured financial instruments for the purposes of efficient portfolio management or hedging.
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 the Prospectus.
The Sub-Fund has a medium risk profile and is addressed to investors seeking returns from a widely diversified portfolio combining different asset classes carrying exposure to Romania (bonds, equities, cash), with the prospect of achieving returns in a medium to long term horizon.
Note : On June 14 2017 the (LF) Balanced Active Fund (RON) has absorbed the (LF) Special Purpose 7.5% Equity Formula (RON) Fund according to the notice to unit holders published on May 03, 2017.
|FACTSHEET (LF) Balanced - Active Fund (RON)|
|KIID Romania (LF) Balanced Active Fund (RON)|