Investment Objective of the Mutual Fund

The objective of the Mutual Fund is to achieve the highest possible return for unitholders through capital gains with investments of the Mutual Fund in equity securities, mainly listed on the Athens Exchange and secondarily from income through dividends, coupons or interest and by undertaking at the same time the lowest possible investment risk.

Investment Policy of the Mutual Fund

The Mutual Fund’s portfolio is mainly directed at highly liquid equity securities issued by Greek companies. Specifically, the Mutual Fund invests a significant portion of its equity portfolio in securities participating in the FTSE/ASE 20 index and selectively in medium and small capitalization shares. The Fund may invest up to a percentage no higher than 10% of the Fund’s assets, in foreign equity (excluding Greek issuers).

Moreover, 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 equity securities will be active, with preference to such securities that according to their fundamentals and macroeconomic data promise the highest possible return with the lowest possible risk. Also, the management aims at limiting risk, through the dispersion of the equity portfolio, both on a sector level and on an issuer level. The mutual fund’s risk mainly refers to the fluctuation of prices of securities in which it is invested. Due to the investment in equity securities, which are characterized by their high volatility, the risk is characterized as high. The Fund refers to investors who are willing to undertake high risk with a medium to long-term investment horizon.

The benchmark for the performance of the mutual fund, is the Athens Exchange General Index.

Historic performance and investment risk of the Mutual Fund

The realized performance of Attiki Domestic Equity Fund for the previous years is as follows:

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