The GF Target Maturity VII Bond Fund has a predefined 5-year investment horizon and will be fully liquidated by 31.03.2029. It invests in fixed income securities, such as corporate and government bonds, in Greece and Europe. It aims to preserve initial capital and potentially yield steady income. For the first year it aims at an up to 3.00% dividend distribution.
Investment objective
It follows an investment strategy with a predefined 5-year investment horizon and 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 also aims to yield regular income in the form of dividends. The subscription period ended on 15.03.2024.
The GF Target Maturity VII Bond Fund offers wide diversification in government and corporate bonds in Europe and Greece. It may also invest:
- Over 35% of its assets in Greek, Italian, Spanish and Portuguese government bonds.
- In derivative financial instruments and deposits to limit the consequences of the volatility of markets.
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.
