Investment Objective of the Mutual Fund

The objective of the Mutual Fund, which may be achieved either through a price increase of securities it is invested in or capital gains, or through income from coupons and dividends.

Investment Policy of the Mutual Fund

The policy of achieving the above objectives is mainly based on investing capital in fixed income securities mainly in global capital markets and secondarily in Greece. The mutual fund may also invest in equity mainly in European markets, which based on their fundamentals promise more earnings with the lowest possible risk. The mutual fund may invest in special type financial products, which are listed in a recognized by the Hellenic Capital Market Commission organized market, and in non-listed securities following a special approval by the Capital Market Commission. The currency under which the mutual fund’s investments are placed is primarily the Euro.

Additionally, the Mutual Fund may use financial derivative products both for the purposes of hedging part of the investment risk included in the portfolio and for effective portfolio management, according to the provisions of article 25 of Law 3283/2004 and the relevant decisions and limitations issued by the Hellenic Capital Market Commission.

The management of the mutual fund’s fixed income and equity securities will be active, with preference to such securities that according to their fundamental and macroeconomic analysis promise the highest possible return with the lowest possible risk. The mutual fund’s risk refers to the fluctuation of prices of bonds related to interest rates, macroeconomic indicators and from credit risk of the bonds’ issuers. The degree of the investment risk is characterized as medium. The Fund refers to investors who are willing to undertake medium risk with a long-term investment horizon.

The benchmark for the performance of the mutual fund, is the annual performance of the Bloomberg EFFAS Total Return 3-5 Years Euroblock Index (since 01/01/2011).

Historic performance and investment risk of the Mutual Fund

The realized performance of Attiki Foreign Bond Fund for the previous years is as follows:

MF Risk Level (min: 1 - max: 5)