Optima smart cash bond fund (R)

Key Facts

 
ISIN
GRF000334000
Base currency
€
Inception date
27.11.2000
Net Asset Value
€17,762,817.08
Net Unit price
€5.2824
Reference Date
13.09.2024
Benchmark
50% Bloomberg Series –E Greece Govt All>1 Year Bond Index & 50% Hellenic Corporate Bond Index
Management company
Optima asset management MFMC
Custodian
PIRAEUS BANK SA
Fees and Expenses

Information material

 

Investment objective

The purpose of the Fund is to achieve returns based on its investment policy, in a medium to long-tern period of time, which derives from both income and capital appreciation, mainly through investments in bonds based or having exposure in Greece.

 

Investment policy

In order to achieve its investment objective, the Fund intends to invest its assets mainly in a portfolio of Greek government bonds and corporate bonds of companies based or operating in Greece, listed either in the domestic market or in regulated markets abroad. Additionally, the Fund may invest in public international organisations and foreign government and corporate bonds. The Fund aims to make the best possible use of its cash by investing it in interest-bearing investments in the form of fixed-term deposits and other related money market instruments. In the context of leveraging and/or hedging assets of the portfolio, the Fund may take long or short positions in derivative instruments, mainly on bonds.

 

Investor profile

This Fund mainly targets medium to long-term investors seeking income through a diversified bond portfolio consisting mainly of domestic bonds issues or issues of companies with an exposure in Greece willing to take a high level of investment risk.

Top Holdings

 
Reference date: 30.06.2024
HEL. PETROLEUM 27/09/19-04/10/24 2%
3.63%
ROMANIA 27/09/22-27/09/29 6.625%
3.42%
BOC 16/04/21-23/10/31 6.625%
3.35%
PIRAEUS 09/01/24-17/04/34 7.25%
3.21%
ATTICA 24/07/19-26/07/24 3.40%
3.09%
NATIONAL BANK 01/10/20-08/10/26 2.75%
3.04%
METLEN 22/04/21-30/10/26 2.25%
2.93%
BANCO BPM 10/01/24-17/01/30 4.875%
2.86%
HELLENIC BANK 07/03/23-14/06/33 10.25%
2.81%
PRODEA 19/07/21-20/07/28 2.30%
2.73%

Asset Allocation

 
Reference date: 30.06.2024
0-3 years
36.11%
3-5 years
28.29%
5-7 years
20.36%
7-10 years
15.24%

Portfolio Structure

 
Reference date: 30.06.2024
 

Illustration of cumulative returns

 
Reference date: 30.06.2024

The Fund's performance shown in the chart is calculated on the net asset value and on the basis that any distributable income has been reinvested1. The Fund is actively managed and the composition of the portfolio of the Fund may differ from that of the benchmark. The benchmark is used for the purpose of comparing the performance of the Fund, which may deviate from the performance of the benchmark.

Reference date: 30.06.2024

The Fund's performance shown in the chart is calculated on the net asset value and on the basis that any distributable income has been reinvested1. The Fund is actively managed and the composition of the portfolio of the Fund may differ from that of the benchmark. The benchmark is used for the purpose of comparing the performance of the Fund, which may deviate from the performance of the benchmark.

Reference date: 30.06.2024

The Fund's performance shown in the chart is calculated on the net asset value and on the basis that any distributable income has been reinvested1. The Fund is actively managed and the composition of the portfolio of the Fund may differ from that of the benchmark. The benchmark is used for the purpose of comparing the performance of the Fund, which may deviate from the performance of the benchmark.

No data found. 

Annual returns

2023 2022 2021 2020
8.8% -8.2% -0.1% 2.5%

Fund's past performance is calculated on the net asset value and on the basis that any distributable income has been reinvested1.


 

Cumulative returns

Reference date: 30.08.2024
YTD 1 YEAR 3 YEARS 5 YEARS
4.2% 7.8% 2.3% 8.4%

Fund's past performance is calculated on the net asset value and on the basis that any distributable income has been reinvested1.

1For the year 2020 the Fund distributed an annual dividend of 1%, i.e. €0.0543 per unit. On 30/6/2021 the Fund distributed an interim dividend of 1%, i.e. €0.0544 per unit and on 31/12/2021 the Fund distributed a remaining dividend of 1%, i.e. €0.0532 per unit. On 30/06/2022 the Fund distributed an interim dividend of 1%, i.e. €0.0474 per unit and on 31/12/2022 the Fund distributed a remaining dividend of 1%, i.e. €0.0479 per unit. On 30/06/2023 the Fund distributed an interim dividend of 1%, i.e. €0.0493 per unit and on 31/12/2023 the Fund distributed a remaining dividend of 1%, i.e. €0.0510 per unit.

Risk Indicator

 
 
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Risk Indicator
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Performance calculation

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- The average annual return is suggested for calculation periods longer than one year.

- If the dates which appear in the above table are different from the ones you have entered, it is attributed to their adjustment to the latest available net unit price. Additionally, if the initial calculation date selected concerns a period before the Fund’s inception date, then the system will show the results from the Fund’s inception date (initial net unit price).