SOL GMM Balanced Fund

The Mutual Fund’s investment objective is to achieve overall high returns over the medium- to long-term, by investing its assets in a balanced manner in a diversified portfolio of equities, bonds and deposits, primarily in European markets and to a lesser extent in other 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 0% to 90%
Bonds from 20% to 90%
T-Bills – Deposits from 0% to 80%

The Fund is aimed 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 Fund must be willing to assume an average level of investment risk.