The GF Target Maturity Domestic 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% dividend distribution. It has a predefined 5-year investment horizon and matures by 23.09.2027 at the latest. The subscription period ended on 23.09.2022.
Investment objective
The GF Target Maturity Domestic Bond Fund offers wide diversification in government and corporate bonds in Greece.
The mutual fund invests in fixed income securities, such as corporate and government bonds, in Greece. 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 Domestic Bond Fund follows an investment strategy with a predefined 5-year investment horizon and will be fully liquidated by 28.04.2028. 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 the estimated dividend is expected to be 2%.
To learn more about the potential return and risks associated with investing in the sub-fund, read the Key Investor Information Documents (PRIIP KID).
Investor profile
The GF Target Maturity Domestic 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.
