Piraeus Target Maturity 2027 III European Bond Fund

The investment objective of the Fund is to increase the value of its investments, primarily through income generation and capital appreciation, by investing mainly in a diversified portfolio of euro-denominated debt securities. Investment in equities may not exceed 10% of the Fund’s net assets.

The Fund will be fully liquidated by 15 November 2027 (instead of 30 October 2026, which had initially been envisaged as the liquidation date). At the commencement of the Fund's investment period, the average maturity of its portfolio was approximately three years. Following the extension of its term, the buy-and-hold investment strategy has been aligned with the new liquidation date. The Fund’s investment strategy primarily consists of purchasing and holding bonds until their maturity and redemption.

The Fund is intended for investors whose investment horizon corresponds to the duration of the Fund, who intend to hold their investment throughout the Fund’s life, and who seek income and capital gains through exposure to a diversified portfolio consisting mainly of European fixed-income securities.

The Fund’s subscription period ended on 31 October 2023. From that date onwards, the Fund will no longer accept new subscriptions.