The (LF) Fund of Funds Life Cycle 2047 mutual fund invests in mutual fund units managed by top international fund managers. It has a clearly defined investment target date: 31 December 2047. The target date sets the time frame within which the investment strategy of the fund will unfold through a diversified portfolio. It is authorised in Luxembourg.
Investment objective
It pursues active management and aims to achieve capital gains over the long-term. The mutual fund:
- At the start of the investment period, it adopts a moderately high risk profile.
- As the target date approaches, it progressively increases allocation to lower-risk assets.
- On target date the fund is expected to be invested mainly in debt instruments and/or cash investments.
The (LF) Fund of Funds Life Cycle 2047 mutual fund invests in units of other mutual funds managed by top international investment firms. These include units of exchange traded funds (ETFs).
The selection of the mutual funds included in the portfolio is based on a qualitative and quantitative analysis carried out regularly. The aim is to contribute to achieving the investment objective of the (LF) Fund of Funds Life Cycle 2047 fund.
The mutual fund may invest in derivative financial instruments, to mitigate the risk arising from fluctuations in stock markets and exchange rates.
When the investment in UCITS and/or UCI is not considered appropriate, the mutual fund may invest directly in underlying targeted assets.
Investor profile
The (LF) Fund of Funds Life Cycle 2047 mutual fund is intended for investors who have a specific investment horizon in the context of their retirement plans.
This is a marketing communication. Please refer to the Prospectus of the Fund and the PRIIP KID before making any final investment decisions.
