The (LF) Target Maturity ΙIΙ Bond Fund has a 2-year investment term and will be fully liquidated by 07.09.2026. It invests in government and corporate bonds in Greece and Europe, and offers wide diversification. It aims to preserve initial capital at maturity, while achieving positive returns. The indicative return is estimated to 4.40%-4.80% at the end of the 2-year term. The range of the return may need to be readjusted over the investment period depending on market conditions. It is authorised in Luxembourg.
The subscription period ended on 06.09.2024.
Investment objective
It follows a 2-year investment strategy and will be fully liquidated by 08.09.2026. It invests in bonds with remaining term to maturity before the fund’s maturity date on 07.09.2026. 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. Investments maturing up to 6 months before the fund’s maturity date, may be invested in money market instruments.
Its purpose is to secure the principal. The indicative overall return is estimated to 4.40%-4.80% at maturity.
The (LF) Target Maturity III 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 securities issued by the Greek government, Greek companies or companies operating in Greece.
- 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 intended for investors who seek capital gains, accept the investment-related risks and are willing to hold their investment until maturity date.
