Investment Objectives
The Fund aims at a medium to long-term satisfactory growth of its value by investing mainly in bond mutual funds and secondarily in investments which provide long-term potential for capital growth.
Investment Policy
For the purpose of achieving its investment objectives, the Fund adopts an investment policy which is aimed at the following portfolio composition:
|
Investment Category |
Strategic Allocation[1]
|
|
Equities and equity mutual funds |
0-20% |
| Bonds and bond mutual funds
|
50-100% |
| Alternative Investments
|
0-10% |
| Cash and cash equivalents[2]
|
0-30% |
Level of Risk - Low to Medium Investment Risk [3]
This is addressed to members who expect a generally satisfactory medium to long term return on investment undertaking low to medium investment risk.
Other information
- Each Fund is composed of units of equal value, the price of which is calculated once a week. Depending on the Valuation Basis, the price of the units is calculated by dividing the value of the Fund’s assets with the total number of the Fund’s units.
- There is no difference between the Offer Price and the Bid Price (i.e. there is only one valuation price) for each Fund.
[1] The Fund managers reserve the right to increase the liquidity of the Fund in the short-term, depending on the market conditions.
[2] Money market instruments such as money market mutual funds, short-term government bonds such as T-bills, etc.
[3] The level of risk is determined only for the purpose of comparing various Funds which are offered by EuroLife and not for the purposes of comparison with other companies.