Where it invests:
It invests at least 65% of its net assets in global equities and bonds. Investments in equities account for over 10% of its net assets and they are selected equities from high cap-companies. If they are US companies, they are included in the Dow Jones Industrial Average index and to a lesser extent in companies on the S&P 100 index. If they are European companies, they are included in the DJ Euro Stoxx 50 index. The fund may also invest in shares of newly listed companies. Investments in bonds/debentures account for over 10% of its net assets. The same applies for money market products. Investments in each of the above categories (equities, bonds and money market instruments) may not exceed 65% of the fund’s assets. The fund may also hold cash assets.
Who is it for:
Investors with a medium-long term investment horizon looking for a relatively high return through the mutual fund's investments in the international capital and money market.
What is the investment goal:
To achieve the highest possible returns by investing in various transferable securities in the international and to a lesser extent in the domestic capital and money market, both in the form of capital gains (equities and bonds price increase) and income (interest on bonds and deposits and dividends).
Which factors affect returns:
- Shifts in share prices in Euro Area and US exchanges.
- Bond prices
- Shifts in interest rates in the interbank market.
- The €/$ exchange rate.