The GF Target Maturity ΙΙ Bond Fund is addressed to investors who seek regular income, as it offers the option of annual dividend distribution, once the market conditions and the current asset returns are taken into account. For 2023 it aims at an up to 2.25% dividend distribution. It has a predefined 5-year investment horizon and matures by 16.12.2027 at the latest. The subscription period ended on 16.12.2022.
Investment objective
The GF Target Maturity ΙΙ Bond Fund invests in fixed income securities in euros, such as government and corporate bonds. It may invest over 35% of its assets in Greek government bonds. To limit the consequences of the volatility of markets, it may invest in deposits and derivative financial instruments.
The GF Target Maturity ΙΙ Bond Fund follows an investment strategy with a predefined 5-year investment horizon and will be fully liquidated by 16.12.2027. It invests in bonds with remaining term to maturity ranging from 3 to 6 years at its launch.
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.
The mutual fund can distribute dividends annually, in line with Article 13 of its Regulation.
For 2023 and 2024, the estimated dividend is expected to be 2.25%.
To learn more about the potential return and risks associated with investing in the mutual fund, read the Key Investor Information Documents (PRIIP KID).
Investor profile
The GF Target Maturity ΙΙ Bond Fund is addressed to investors aiming to combine generating income with preserving their investment for a period similar to the maturity horizon of the mutual fund’s strategy.
