Where it invests:
Piraeus Short Term Variable Net Asset Value Money Market Fund invests mainly in money market instruments, deposits with credit institutions and units or shares of other MMFs up to 10% of its assets under management.
Who is it for:
The Fund is aimed at short term investors seeking conservative placements.
What is the investment goal:
The Fund aims to maintain the value of the investor's capital and achieve returns that are commensurate with returns on the money markets.
Which factors affect returns:
Interest rates and Hellenic Treasury bills fluctuations.