Optima greek balanced fund (R)

Key Facts

 
ISIN
GRF000342003
Base currency
€
Inception date
06.04.2021
Net Asset Value
€36,893,693.07
Net Unit price
€10.9447
Reference Date
23.04.2024
Benchmark
50% ASE Index & 25% Bloomberg Series –E Greece Govt All>1 Year Bond Index & 25% Hellenic Corporate Bond Index - TR
Management company
Optima asset management MFMC
Custodian
PIRAEUS BANK SA
Fees and Expenses

Information material

 

Investment objective

The purpose of the Fund is the achievement of return based on its investment policy, in medium-long term period of time, which derives through investments in a diversified portfolio of stocks, fixed income securities (bonds) and domestic money market instruments.

 

Investment policy

In order to achieve its investment objective, the Fund intends to invest the most of its assets mainly in Greek companies’ stocks and Greek fixed or/and floating rate government and corporate bonds, Greek treasury bills and other related debt instruments, listed both in the domestic and in the international capital and money markets. The management of investments is active and the investment strategy depends on the market conditions. 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 stock exchange indices or equities. Specifically for the year 2021, the Mutual Fund will invest most of its assets in Greek stocks with high dividend yield and in high coupon Greek corporate bonds.

 

Investor profile

The Fund mainly targets medium-long term investors seeking both income and capital appreciation, through a diversified portfolio, consisting mainly from stocks and domestic bond issues and willing to take a high level of investment risk.

Top Holdings

 
Reference date: 31.03.2024
Hellenic Bank PCL
8.82%
Romanian Government International Bond
7.77%
Terna Energy SA
7.26%
Optima bank SA
4.71%
HELLENiQ ENERGY Holdings S.A.
4.56%
JUMBO SA
4.15%
Motor Oil Hellas Corinth Refineries SA
4.05%
OPAP SA
3.98%
Mytilineos SA
3.60%
Alpha Services and Holdings SA
3.52%

Asset Allocation

 
Reference date: 31.03.2024
Equity holdings
62.54%
Bond holdings
35.62%
Cash & other equivalents
1.84%

Portfolio Structure

 
Reference date: 31.03.2024
 

Mutual Fund Vs Benchmark

 
Reference date: 31.03.2024

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: 31.03.2024

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. 
No data found. 

Annual returns

2023 2022
18.9% 1.7%

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: 31.03.2024
YTD 1 YEAR
6.1% 22.2%

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

1On 31/12/2021 the Fund distributed an annual dividend of 3,21%, i.e. €0.3237 per unit. On 31/12/2022 the Fund distributed an annual dividend of 5,16%, i.e. €0.5121 per unit. On 31/12/2023 the Fund distributed an annual dividend of 9,30%, i.e. €1.0401 per unit. 

Risk Indicator

 
 
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Lower Risk   Higher Risk
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).