The (LF) Income Plus € mutual fund invests in short-term bonds, money market instruments and deposits denominated in euro. It is authorised in Luxembourg. It aims to achieve returns higher than current money market interest rates. Its portfolio comprises government and corporate bonds, bank deposits and money market instruments in euro.
The (LF) Income Plus € mutual fund may invest:
- Over 35% of its assets in Greek government bonds.
- Over 50% of its assets in bonds, money market instruments and bank deposits bearing the investment risk of Greece as a country.
Its portfolio aims at relatively short-term investments, so that its overall duration does not exceed 3 years. It may not invest in equities.It may invest in derivative financial instruments for the purposes of efficient portfolio management and/or hedging.