The Sub-Fund aims to provide a medium/long-term capital growth by investing primarily in equities, bonds and other fixed income securities, without geographical or sector limitation.
The Sub-Fund will invest directly between 20% and 60% of its assets in investment grade debt securities. Investment grade securities are securities rated at least BBB- by S&P, Baa3 by Moody’s or BBB- by Fitch. The Sub-Fund may invest more than 35% of its assets in US, Swiss, or German Sovereign debt securities, according to section 4.2 d) of the Prospectus.
The Sub-Fund will invest directly in shares listed or to be listed on an Official Listing or a Regulated Market within the meaning of point 4.1 of the Prospectus, between 20% and 60% of its assets.
Investments in units of UCITS and/or other UCIs and/or ETFs which are eligible as per the 2010 Law, will not exceed 10% of the Sub-Fund’s assets.
Secondarily the Sub-Fund invests in bank deposits, money market instruments, structured financial instruments (such as warrants, convertible bonds etc.), as well as in financial derivative instruments (such as but not limited to index futures and options, bond futures and options, FX forwards or FX futures) for the purposes of efficient portfolio management or hedging.
The investment in structured financial instruments which are eligible under the 2010 Law, will not exceed 20% of the Sub-Fund assets.
The Sub-Fund may invest up to 10% of the portfolio in high yield bonds.
Liquidities, financial derivative instruments and structured financial instruments 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 of bonds and equities, and aim to benefit from their active management.
|PRIIP (TLF) Global Balanced Fund – Asset Wise A|
|PRIIP (TLF) Global Balanced Fund – Asset Wise B|