The (LF) Target Maturity II Bond Fund has a predefined 2-year investment horizon and will mature on 16.03.2026. It invests in government and corporate bonds in Greece and Europe, and offers wide diversification. It aims to preserve initial capital at maturity, yielding an estimated overall return of 4.60%-5.00% at maturity. The range of the estimated total return may be adjusted during the subscription period due to market conditions. It is authorised in Luxembourg.
The subscription period ends on 31.05.2024.
Investment objective
It follows an investment strategy with a predefined 2-year investment horizon and will be fully liquidated by 17.03.2026. It invests in bonds with remaining term to maturity before the fund’s maturity date on 16.03.2026. It aims to hold the bonds until their maturity (buy and hold), so as to secure the principal through the payout of the bonds at their maturity. Investments maturing up to 6 months before the fund’s maturity date, may be invested in money market instruments.
Its purpose is to secure the principal. The overall return is estimated to 4.60%-5.00%.
The (LF) Target Maturity II Bond Fund offers wide diversification in government and corporate bonds, in Europe and Greece. It may also invest:
- Over 35% of its assets in EU government bonds.
- Over 50% in securities issued by the Greek government, Greek companies or companies operating in Greece.
- Up to 50% of its assets in high-yield securities, as rated by 2 of the big 3 credit rating agencies (Moody's, S&P, Fitch).
It may not invest in equities.
Investor profile
It is intended for investors who seek to achieve capital gains through investing mainly in bonds, are willing to accept the risks associated with their investment and are prepared to remain invested until the maturity date.
