The GF Target Maturity V Bond Fund is addressed to investors who seek regular income, as it offers the option of annual dividend distribution, once the market conditions from time to time and the current asset returns are taken into account. For the first year it aims at an up to 3% dividend distribution. It has a predefined 3-year investment horizon and matures by 31.10.2026 at the latest. The subscription period ended on 13.10.2023.
Investment objective
The GF Target Maturity V Bond Fund offers wide diversification in government and corporate bonds.
The mutual fund invests in fixed income securities, such as corporate and government bonds. It may invest over 35% of its assets in Greek, Italian, French and Cypriot government bonds. To limit the consequences of the volatility of markets, it may invest in deposits and derivative financial instruments.
The GF Target Maturity V Bond Fund follows an investment strategy with a predefined 3-year investment horizon and will be fully liquidated by 31.10.2026. It invests in bonds with remaining term to maturity ranging from 2 to 4 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 the first year the estimated dividend is expected to be 3%.
The mutual fund may not invest in equities.
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 V 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.
