Name: | GMM Navigator World Balanced Fund |
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Category: | Balanced Fund |
License Number: | Cyprus Securities & Exchange Commission UCITS license 02/78 An investment compartment of the “GMM FUNDS” mutual fund |
Inception Date: | 20/9/2013 |
Investment Risk: | 4 (of 7) |
Custodian: | Eurobank Cyprus Ltd |
Benchmark | Euribor 3-m + 200 bps |
Investment objective
The Investment Compartment’s investment objective is to generate income and capital gains primarily by assuming credit risk over a medium- to long-term horizon. To achieve its investment objective, this Investment Compartment follows the investment policy below:
The assets are primarily invested in selected high-yield corporate and treasury bonds with average to high credit risk. The Investment Compartment may acquire a high degree of 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 equities, bonds and deposits must be within the following ranges:
Equities : from 0% to 15%
High yield bonds : from 10% to 80%
High rated bonds : from 10% to 35%
Deposits and T-Bills : from 0% to 80%
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 (a) in a diversified portfolio of equities, primarily from businesses with an international presence, and (b) in treasury and corporate bond issues. Investors in this Investment Compartment must be willing to assume an average level of investment risk.
KEY INVESTOR INFORMATION (KIID)
/in Navigator World: Key Investor information /by GLOBALKEY INVESTOR INFORMATION (KIID)