Investment Objective :
The investment objective of the Sub-Fund is to invest its assets primarily in transferable debt securities (mainly Sovereign and investment grade corporate bonds, denominated in Euro, USD and other major currencies), issued in Europe and North America, admitted to an Official Listing or dealt in on a Regulated Market worldwide.
Secondarily the Sub-Fund may invest up to 15% of its net assets in sovereign and investment grade corporate bonds in other world markets. Emerging markets currency exposures is limited to 15% of the Sub-Fund’s net assets.
The Sub-Fund may invest up to 10% of its net assets in mortgage-backed securities and asset-backed securities.
Additionally, the Sub-Fund invests in bank deposits, and money market instruments, of European banks and major corporates.
The Sub-Fund can also invest in structured financial instruments, as well as in financial derivative 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 the Prospectus.
The Sub-Fund has a medium risk profile and is addressed to investors who seek to achieve regular income and capital gains through investing mainly in Global bonds.
Note : On September 12, 2018 the (LF) Global Bond Fund has absorbed the (LF) Fund of Funds - Dynamic Fixed Income according to the notice to unit holders published on August 02, 2018.
|MONTHLY PERFORMANCE SCENARIO|
|PRIIP Eurobank (LF) Global Bond Fund|
|PRIIP Private Banking Class (LF) Global Bond Fund|
|PRIIP Eurobank I (LF) Global Bond Fund|
|PRIIP Private Banking DIS Class (LF) Global Bond Fund|
|PRIIP CNP Zois (LF) Global Bond Fund|