The (LF) Target Maturity VΙΙ Bond Fund has a 3-year investment term and will be fully liquidated by 30.08.2028. It invests in fixed income securities, such as corporate and government bonds, in Greece and Europe. It aims to preserve initial capital and it is intended for investors who seek regular income. It aims at an annual dividend distribution ranging from 1.70% to 2.20% for the next 3 years. The dividend estimate may be readjusted depending on market conditions. It is authorised in Luxembourg.
The subscription period ends on 29.08.2025.
Investment objective
It follows 3-year investment strategy and will be fully liquidated by 30.08.2028. It invests in bonds with remaining term to maturity before the fund’s maturity date on 29.08.2028. 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. Provided that there are no negative developments in the bond market, such as a credit event with issuers defaulting on bonds and securities included in the portfolio. Investments maturing up to 6 months before the fund’s maturity date, may be invested in money market instruments.
The fund aims to yield regular income in the form of dividends, once the market conditions from time to time and the current asset returns are taken into account. It aims at an annual dividend distribution ranging from 1.70% to 2.20% for the next 3 years.
The (LF) Target Maturity VIΙ 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 eurozone government and corporate securities.
- 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 addressed to investors who seek regular income and preserving their investment for a period similar to the maturity horizon of the mutual fund’s strategy.
