CNP CYPRIALIFE - Global Opportunity Fund

Global Opportunity Fund

Global Opportunity Fund

OBJECTIVE AND INVESTMENT POLICY

The fund targets overall returns by combining revenue and capital growth, in a prudent way, through international investments in corporate bonds. It will almost exclusively invest in the Global Investment Grade Credit Fund (from PIMCO), which primarily invests in a series of fixed-rate investment grade bonds (at least Baa3 from Moody's or BBB - from S&P) issued by various companies worldwide. The Fund is considered as average risk.

The fund does not guarantee returns.

RISK PROFILE

The fund is addressed to investors with a medium term horizon of at least 5-7 years.

CHARACTERISTICS

  • AVAILABILITY

    Open-end Fund. Available only in new contracts.

  • INVESTMENT CRITERIA
    • Medium risk and medium reward profile.
    • Suitable for investors with at least medium-term investment horizon (5-7 years).
    • Primarily invests in fixed income corporate bonds.
  • INVESTMENT RISK

  • PERFORMANCE

    Last Five Calendar Years

  • INVESTMENT LIMITS

    Cash and Deposits: 0-5%

    Bonds: 95-100%

     

    Bond investments are made through mutual fund by PIMCO.

    Under normal market conditions, the Fund structure will fall within the above limits.

    The fund managers have the right to alter the structure of the Fund and / or the limis in line with prevailing market conditions. 

    The Mutual Fund focuses mainly on corporate bond investments worldwide, but may also target lower-grade investments ("non-investments", lower than BBB from Moody's or Baa3 from S&P). Investments are made in developed and emerging countries. The Mutual Fund may invest in derivative means, whose return is linked to the fluctuation of the underlying securities instead of investing directly in the underlying means themselves.

  • DETAILS

    Launch Date: 12 January 2013

    Fund Managers: CNP CYPRIALIFE

    Monthly Administration Charges: 1/12 of the 0,75% of the fund’s size

    Investment Advisors: PIMCO Global Advisors (Ireland) Limited

  • CURRENT INVESTMENT FUNDS DISTRIBUTION

    Cyprus & Greek Equities: 0,0%

    Global Equities: 0,0%

    Property: 0,0%

    Government Bonds: 0,0%

    Corporate Bonds: 99,1%

    Policy Loans: 0,0%

    Deposits: 0,9%

  • FUND DETAILS ON 27 DECEMBER 2019

    Fund Size (million Euros): €810,3

    Unit Bid Price: €1,189

    Unit Offer Price: €1,251

    Fund Start Date: 12-June-13

    Management Fee: monthly cut 1/12 of the 0,75% of total fund net assets.

  • FUND PRICES
  • PRIIPS

    Download the document here

IMPORTANT INFO

There is no guarantee for this specific risk category, which may change over time.

The minimum investment in this Fund is 10% of the premium invested. The Mutual Fund does not guarantee results and historical performance does not guarantee future performance.

 The value of the investment in this Fund may be increased or decreased, there is no guarantee that the amount invested will be recovered and performance is not guaranteed, as it is subject to various market risks (including interest rate risk, credit risk and liquidity risk) as well as other risks.

The percentage return is calculated based on the change in the unit's bid value over the corresponding period.

The Trustee can reduce exposure to the above Mutual Fund and invest the money in another mutual fund that has similar objectives and investment policy with an equivalent investment risk.

The company reserves the right to increase the annual management fee up to 2%. It places 100% investment in the mutual fund and 0.75% management fee. Explanations or clarifications regarding this form can be obtained either from your insurance consultant or from the Pancyprian Customer Service Center at 22 11 12 13. You can find further details about this fund in the relevant prospectus.

This information refers to the date listed in the heading of this form and is published only for information purposes, without being a call for investment or advice. The company is not responsible for any damages or losses that may arise from any use of this information. The company recommends obtaining professional advice before investing in the information contained in this document as well as in the prospectus.

Want more information? don't wait ! Contact Us

x
This website uses cookies to ensure you get the best experience on our website. To accept cookies continue browsing as normal. Agree More Info