(LF) Fund of Funds - Balanced Step In
Investment objective
The Sub-Fund aims to provide capital growth by investing its assets in fixed income transferable securities denominated in Euro, such as government and corporate bonds while gaining progressively equity exposure by investing in units of UCITS and/or UCITS compliant ETFs.
The Sub-Fund may invest in units of UCITS which primarily invest in equities that are expected to benefit from developments in major global trends and themes.
The Sub-Fund may invest more than 35% of its net assets in any one of the European Union members government bonds and may also invest up to 20% of its net assets in debt securities carrying corporate risk admitted to an Official Listing or dealt in on a Regulated Market, traded worldwide. The SubFund may be exposed up to 50% to debt securities whose rating is below investments grade. The Sub-Fund will not invest in distressed or defaulted securities. Should a security be downgraded to distressed or default, the Sub-Fund will sell them, unless the valuation about the recovery rate justifies
otherwise, in which case the Sub-Fund will hold these securities in portfolio. Securities downgraded to distressed of default and kept in portfolio will not exceed 10% of the net assets of the Sub-Fund. In the first year of the investment strategy, the Sub-Fund will have exposure in debt securities and may maintain equity exposure up to 10% of its net assets. In the second and third year of the Sub-Fund’s investment cycle, a progressive increase of the equity exposure is expected on a quarterly basis until it reaches at least 50% of the total net assets at the end of the third year. In the event of a significant decline in the equity market during the second and third year of the Sub-Fund’s investment cycle, the equity exposure may be increased faster and reach 50% of the total assets before the end of the third year. After the third year of the investment cycle the equity exposure itself may vary between 35% and 65% of the total net assets. Secondarily, the Sub-Fund invests in bank deposits, money market instruments and units of money market funds compliant with regulation (EU) 2017/1131. Liquidities may be used within the limits described in sections 3.1 and 4 of the Prospectus. The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities. The Sub-Fund does not promote environmental or social characteristics in a way that meets the specific criteria contained in Article 8 of the Sustainable Financial Disclosure Regulation ("SFDR") or have sustainable investment as its objective in a way that meets the specific criteria contained in Article 9 of SFDR.
The Sub-Fund is actively managed which means that the investment manager is actively making investment decisions for the Sub-Fund. The Sub-Fund is not managed in reference to a benchmark. Given the above investment objective and policy and the risk and reward profile of the product, the recommended holding period is 5 years.
All income of the Sub-Fund is reinvested. You can buy and sell shares of the Fund on a daily (bank business days in Luxembourg and Greece) basis. You can subscribe units of the Sub-Fund from 3rd of November 2025 until the expiration of the initial offering period on March 31, 2026. After the expiration of the initial offering period, the Sub-Fund will be closed to all subscriptions and conversions.
Addresses
The Sub-Fund has a medium risk profile and is addressed to investors who seek to achieve capital gains through investing mainly in bonds while also gaining progressively exposure to equity market, who are willing to accept the risks associated with their investment, and who are prepared to remain invested until the Maturity Date.
There is no guarantee that the investment-return objective will be achieved.
 (LF) Fund Of Funds BALANCED STEP IN - Class EUROBANK
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(LF) Fund Of Funds BALANCED STEP IN - Class POSTBANK
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