(LF) Target Maturity Bond Fund II
Investment objective
The investment objective of the Sub-Fund is to invest its assets mainly (i.e. at least 65% of net assets) in fixed income transferable securities denominated in Euro, such as government bonds and corporate bonds, admitted to an Official Listing or dealt in on a Regulated Market, traded worldwide.
The Sub-Fund may invest more than 35% of its assets in European Union members government bonds. The Sub-Fund may invest more than 50% of its net assets in securities carrying Greek sovereign or corporate risk. The Sub-Fund may invest up to 50% of its assets in securities, rated by two out of three major rating agencies (Moody’s, S&P, Fitch) as high yield (i.e Ba1 or lower by Moody’s, BB+ or lower by S&P, Fitch).
Secondarily, the Sub-Fund invests in bank deposits and foreign and domestic money market instruments, as well as in derivative financial instruments, aiming to manage effectively the investment portfolio, and/or hedge the risk of its assets.
The Sub-Fund will not invest in equities, defaulted or distressed securities and contingent convertibles (CoCos).
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[1]Fund. The Sub-Fund is not managed in reference to a benchmark.
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 subscription will start from 18th of March 2024 until the expiration of the initial offering period on May 31, 2024. 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 regular income and capital gains through investing mainly in bonds, who are willing to accept the risks associated with their investment, and who are prepared to remain invested until the Maturity Date.
 KID (LF) TARGET MATURITY II BOND FUND – Class EUROBANK
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KID LF) TARGET MATURITY II BOND FUND – Class PRIVATE BANKING
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KID (LF) TARGET MATURITY II BOND FUND – Class POSTBANK
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