ERB Income EUR Fund aims to seek absolute returns in line with international sovereign and corporate debt markets. It is authorised by Cyprus regulator.
Investment objective
ERB Income EUR Fund aims to seek absolute returns in line with international sovereign and corporate debt markets primarily through investing in fixed income transferable securities, money market instruments and bank deposits. The Sub-Fund targets investments in fixed income debt securities predominantly issued by supranational institutions, sovereigns, governmental agencies and companies wherever situated (not subject to any minimum rating requirements).
The fund may pursue more than 35% of its assets to the following, inter alia, member states or local authorities, or public international bodies issuing or guaranteeing securities: International Bank for Reconstruction and Development (IBRD), European Bank for Reconstruction and Development (EBRD), Asian Development Bank, Interamerican Development Bank, KFW, Nordic Investment Bank, Kommunal banken Norway (KBN), Eurofima, Council Of Europe, European Financial Stability Facility (EFSF), European Investment Bank (EIB), European Stability Mechanism (ESM).
Nevertheless, the percentage of the Sub-Fund’s assets invested in fixed income securities, MMIs and bank deposits must be within the range of (i) Fixed income securities: 55%-100%, and (ii) MMIs and Bank deposits: 0%-45%.
It may also invest in complex and derivative financial instruments for the purposes of efficient portfolio management or hedging.
The fund will not invest in equity securities.
Investor Profile
The ERB Income EUR Fund has a medium risk profile. It is addressed to investors who seek a return over the medium to long term.
This is a marketing communication. Please refer to the Prospectus of the Fund and the PRIIP KID before making any final investment decisions.
