| Name: | GMM Aspendos Balanced Fund |
|---|---|
| Category: | Balanced Fund |
| License Number: | Cyprus Securities & Exchange Commission UCITS license 02/78 An investment compartment of the “GMM FUNDS” mutual fund |
| Inception Date: | 22/7/2015 |
| Summary Risk Indicator: | 2 (of 7) |
| Custodian: | Eurobank Cyprus Ltd |
| Benchmark | 50% MSCI Eurozone 3-5 Yrs Select Government Bond EUR Index & 30% MSCI Euro Index & 20% 3 Month Euribor |
| SFDR disclosure: | Article 6 General Purpose UCITS , Non-ESG Funds |
| Type of Investors: | Retail, Well Informed , Professionals |
Investment objective
The Investment Compartment’s investment objective is to achieve competitive returns over the medium- to long-term, by investing assets in a balanced manner in a diversified portfolio consisting primarily from corporate and government bonds and secondarily from equities, T-Bills and deposits both in European and other international markets. Returns come from added value and capital gains as well as from income in the form of dividends, coupons and interest. The mutual fund may acquire exposure to a foreign currency in order to improve the expected return.
Based on the average valuation of assets per calendar quarter, the percentage of Investment Compartment assets invested in bonds, equities, deposits, T-Bills and other money market instruments must be within the following ranges:
Bonds : from 30% to 90%
Equities : from 0% to 40%
Deposits, T-Bills and other money market instruments : from 10% to 70%
Target group
The Investment Compartment aims at medium-to- long-term investors with an investment horizon over 3 years, wishing to enjoy both capital gains and periodic income by investing in a diversified portfolio consisting primarily from corporate and government bonds and secondarily from equities, T-Bills, deposits and other money market instruments. Investors in this fund must be willing to assume a medium to high level of investment risk.