Optima hellenic equity fund (R)

Key Facts

 
ISIN
GRF000333002
Base currency
Inception date
10.12.1999
Net Asset Value
€29,535,469.60
Net Unit price
€1.7235
Reference Date
09.10.2024
Benchmark
100% ASE 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 long-term period of time, mainly derived from capital appreciation and additionally from income, through investments in transferable securities, mainly in the domestic capital market.

 

Investment policy

In order to achieve its investment objective, the Fund intends to invest its assets mainly in a diversified portfolio of stocks of companies listed on the Athens Exchange (ATHEX), which are listed on the ATHEX Composite Share Price Index (ASE Index). The choice of transferable securities is made by a combination of quantitative and qualitative criteria, such as the fundamentals, capital structure, dividend yields, etc. The Fund may also invest in shares of companies listed on international stock exchanges, taking into account the stock market conditions and the macroeconomic developments. 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 stock exchange indices or equities.

 

Investor profile

The Fund mainly targets long-term investors seeking capital appreciation through an equity portfolio consisting mainly of Greek companies and willing to take a high level of investment risk.

Top Holdings

 
Reference date: 30.06.2024
Piraeus Financial Holdings SA
7.56%
Motor Oil Hellas Corinth Refineries SA
5.65%
Terna Energy SA
5.09%
Eurobank Ergasias Services and Holdings SA
5.02%
Public Power Corp SA
4.99%
Intrakat Technical And Energy Projects SA
4.16%
Alpha Services and Holdings SA
4.10%
Intralot SA-Integrated Information Systems & Gaming Services
3.65%
Real Consulting IT Business Solutions SA
3.33%
Lavipharm SA
3.13%

Asset Allocation

 
Reference date: 30.06.2024
Banks
18.26%
Technology
12.15%
Utilities
10.08%
Construction & materials
9.12%
Travel & leisure
7.76%
Energy
5.65%
Other positions
17.32%
Cash & other equivalents
19.67%

Portfolio Structure

 
Reference date: 30.06.2024
 

Illustration of cumulative returns

 
Reference date: 30.06.2024

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 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 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 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.

Annual returns

2023 2022 2021 2020 2019
41.9% 3.6% 12.1% 0.5% 32.0%
 

Cumulative returns

Reference date: 30.08.2024
YTD 1 YEAR 3 YEARS 5 YEARS
9.0% 8.5% 54.8% 75.1%

Risk Indicator

 
 
1 2 3 4 5 6 7



Lower Risk   Higher Risk
Risk Indicator
Lower potential returns   Higher potential returns

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).