| Name: | Hellas- Cyprus Recovery Mutual Fund |
|---|---|
| Category: | Balanced Fund |
| License Number: | Cyprus Securities & Exchange Commission UCITS license 01/78 |
| Inception Date: | 23/9/2013 |
| Summary Risk Indicator: | 3 (of 7) |
| Custodian: | Eurobank Cyprus Ltd |
| Benchmark | 35% Bloomberg Barclays Series E Greece Government All & 35% FTSE ASE Large Cap & 30% Euribor 3 Month |
| SFDR disclosure: | Article 6 General Purpose UCITS , Non-ESG Funds |
| Type of Investors: | Retail, Well Informed , Professionals |
Investment objective
The Fund’s objective is to achieve high overall returns over the long term, by investing assets in a diversified portfolio of money market instruments, equities, corporate and treasury bonds. At least 55% of Fund assets will be invested in the Greek and Cypriot capital markets and the rest in international markets. Returns will come from added value and capital gains, and from income in the form of dividends, interest coupons and interest.
Based on the average valuation of assets per calendar quarter, the percentage of the Mutual Fund’s assets invested in equities, bonds, deposits and T-Bills must be within the following ranges:
Equities : from 10% to 90%
Bonds : from 10% to 90%
Deposits and T-Bills: from 0% to 80%
Target group
The Fund is aimed at long-term investors with an investment horizon over 5 years, wishing to enjoy both capital gains and periodic income by investing in a diversified portfolio of equities and in treasury and corporate bond issues, primarily from businesses with a Greek and/or Cypriot presence. Investors in this Fund must be willing to assume a high level of investment risk.