AstroBank launches Target Maturity Fund 2027

AstroBank launches Target Maturity Fund 2027

Estimated annualised dividend of 3,50%, with a minimum participation amount of €20.000

Expanding its range of innovative products, AstroBank has launched the three-year AstroBank Target Maturity Fund 2027, which aims to capitalise on the current bond yield environment.

The new fixed maturity mutual fund is aimed at investors with a medium-term horizon, who intend to hold on to their investment for the duration of the AstroBank Target Maturity Fund 2027, and who seek access to a diversified portfolio of European sovereign and corporate bonds with a minimum capital of €20.000.

The divident is estimated at 3,50% on an annualized basis.

The AstroBank Target Maturity Fund 2027 aims to preserve the original capital, provided no negative credit event occurs.

Upon maturity, which is set for June 2027, the fund will be liquidated, and the proceeds will be distributed to the investors.

The subscription deadline is 31.5.2024.

AstroBank CEO, Aristidis Vourakis said: "Heeding the rising investor interest for simple and reliable products, today we are launching a highly competitive solution, addressed to people seeking a regular income. Through AstroBank Target Maturity Fund 2027, we are giving our customers the opportunity to shape their financial future with confidence."

For more information: Target Maturity Fund 2027 (astrobank.com)

TERMS AND CONDITIONS APPLY

UCITS do not have a guaranteed performance and past returns do not ensure future returns.

UCITS are subject to the European Parliament  Directive 2009/65/EP. 

The product does not provide any protection of the capital in relation to the stated risks, which means that any part or all of the invested amount may be lost.

This document has informative/advertising character and should not be taken as a guarantee, offer, advice or call to buy, hold, or sell the UCITS.

 

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