DELOS EXTRA INCOME V 24months - Bond Fund
Establishment:
H.C.M.C. Rule: 545 / 17.05.2024
Launch Date:
03.06.2024
Investment Objective
The Mutual Fund’s investment objective is to achieve higher returns in relation to other money market instruments and deposits or fixed income investments, by assuming the corresponding investment risk. In particular, through a strategic combination of investments in a diversified portfolio of bonds, money market instruments and other securities, the Fund seeks to offer at its maturity the assurance of the invested capital provided that there will be no credit event with the default of the obligations of the bond issuers, money market instruments and other securities in the portfolio. At the Mutual Fund’s maturity, there will be income from its bonds coupons and from interest on its deposits/money market instruments, capital gains may also arise from bonds that were purchased at a price lower than their nominal value (below par), after deducting all of its expenses.
The Mutual Fund has a fixed duration and expires on July 17, 2026, i.e. after 24 months after the completion of its asset accumulation period.
Investment Policy
To achieve its objective, the Mutual Fund mainly invests in selected short-term and/or medium-term corporate and government bond undertaking, with an average maturity of up to 2 years, as well as securities that can be called by their issuers until the Fund’s termination date, that can be traded in Greece and/or on organized markets abroad, with a goal the average maturity the Mutual Fund‘s asset to be less than or equal to 24 months. In particular, it is aimed that the bonds that will make up the portfolio of the Mutual Fund to be held until their maturity (buy & hold) in order to ensure the invested capital through the repayment of the bonds at maturity. Bonds that will expire before Mutual Fund’s maturity will be replaced with bonds having similar remaining duration with the maturity of the Mutual Fund or with money market instruments. Secondarily, the Mutual Fund may invest in money market instruments, in deposits, in other bonds and transferable securities, in UCITS, in other collective investment undertakings under item (e) of paragraph 1 of Article 59 of Law 4099/2012, as well in derivatives. Investments of the Mutual Fund's assets will begin immediately after the end of the asset accumulation period. Based on the specific investment policy, the investment risk of the Mutual Fund is estimated to be medium – low.
Targeted Investors
The Fund is suitable for investors with an investment horizon of twenty-four (24) months who wish to invest in a diversified portfolio of selected bond securities and money market instruments, who have basic knowledge and/or experience of financial markets and investment products, who understand and are willing to accept market risk and intend to commit their capital for the recommended holding period of twenty-four (24) months.
Prices
Share Prices of the Fund in table and graph.
Returns
Returns of the Fund for the time horizon that you choose.
Factsheets M/F
Factsheets for the Fund in Adobe Acrobat (.pdf) by choosing from the following list.