3K Balanced Fund - Unit Class R

Valuation Day

2023-06-07

Net Asset Value

5.6119

Risk level

Investment Scope

The investment objective of the mutual fund is to achieve the highest possible returns by managing a balanced, diversified portfolio of equities, debt securities (bonds) and money market instruments.

To achieve its objective the mutual fund invests at least 10% of its net assets in equities and at least 10% in equities and at least 10%in debt securities, whereas it may invest at maximum 65% of its assets in equities or debt securities or deposits and money market instruments. The majority of debt securities are debt securities whose issuers or guarantors are Member States of the European Union or public international organizations. In the abovementioned debt securities, the mutual fund may invest more than 35% of its portfolio.

It may also invest secondarily in other transferable securities, listed or to be listed in a regulated market of an EU Member state or in a regulated market of a non-member state, money market instruments listed or to be listed in a regulated market of an EU Member state or in a regulated market of a non-member state, bank deposits, units or shares in Undertakings for Collective Investments in Transferable Securities (UCITS) or other equivalent Undertakings and derivatives.

The acquisition or redemption of units is possible every (working) day following the shareholder's request, on the corresponding subscription or redemption price, as calculated in accordance with the fund’s Regulation and published on the website of 3K Investment Partners (www.3kip.gr).
The mutual fund’s benchmark is the composite and consists of: 50% Total Return Index/Athens Stock Exchange General Index and 50% BEGCGA Index (Bloomberg Barclays Series – E Greece Govt All > 1Yr Bond Index). The fund implements active management over the benchmark, given that the selection of the fund's holdings in relation to the composition of the benchmark is at the discretion of 3K Investment Partners, in the sense that for the portfolio management, 3K Investment Partners does not follow the composition of the benchmark. The fund’s benchmark is used for comparison purposes only and for the calculation of the "performance fee".

Any profits occurred may be reinvested or distributed to unit holders by issuing new shares or by paying cash dividends at the discretion of 3K Investment Partners MFMC.

For more information, please refer to the Key Investor Information Document

KIID

Strategy Brief

Fact Sheet

REGULATIONS

FINANCIAL REPORTS

PERFORMANCE SCENARIOS

Past returns do not predict future returns

Historical NAV

Calendar Year Performance (NET %)

* The fund is actively managed and does not follow the benchmark.

The mutual fund's benchmark has been:

Since 1/12/2017the benchmark BGRE Index (Bloomberg Greece Sovereign Bond Index) (50% of the benchmark) was replaced by BEGCGA (Bloomberg Barkley’s Series - E Greece Govt All>1Yr Bond Index).

As of 01/01/2015 the mutual fund’s benchmark is the composite index: 50% Total Return Index/Athens Stock Exchange General Index and 50% BGRE Index (Bloomberg Greece Sovereign Bond Index).

As of 01/07/2013 to 31/12/2015 the benchmark of the mutual fund has been the composite index: 50% Total Return Index / Athens Stock Exchange General Index and 50% BofA Merrill Lynch Greece Government Index.

From 01/08/2011 to 30/06/2013 the benchmark applied was the composite index: 50% Total Return Index / Athens Exchange General Index and 50% Merrill Lynch EMU Direct Governments 3-5 years.

The graph has limited value as a guide for the future returns of the mutual fund, since mutual funds do not have guaranteed performance and past returns do not ensure future ones.

The costs, fees and taxes, that are borne by the mutual fund and taken into account in the calculation of past performance are the management fee, the custodian fee, expenses, commissions on transactions made on behalf of the fund, any tax with respect to fund required by the applicable law, the remuneration of the auditors, the costs of statutory posts made on behalf of the fund and the expenses relating to compulsory by law notification of the mutual fund’s unit holders.

This mutual fund, including the Retail unit class, was launched in 2006.

The past performance is calculated in EUR.

EUR	1y	3y	5y
Fund	16,83	37,15	57,42
Share Class Benchmark	19,99	35,81	48,99

Date Report 31/05/2023

Practical Info

ISIN Code:	GRF000071008
Currency:	EUR
Unit class:	Retail
Asset class:	Multi Asset
Region:	Europe

Risk and Reward Profile

Historical data may not be a reliable indication of the future performance of this fund.
There is no guarantee that the risk indicator will remain unchanged, it may shift over time.
The lowest category of risk (1) does not mean that the investment is risk-free.
The mutual fund is placed in this specific risk category, as it invests a significant part of its portfolio in equity and debt securities which prices are strongly influenced by factors such as the evolution of the financial market, the economic growth of these securities’ issuers, the developments in the global economy and the economic and political conditions of each country. Hence the risk level is considered high.
The material risks associated with the mutual fund are the following:

Market risk, ie the risk of decline in market prices and the consequent fall in prices of some of the securities contained in the mutual fund’s portfolio, is high.
The credit risk, ie the risk of an issuer being unable to discharge its obligations is low.
The mutual fund’s liquidity risk is low. Liquidity Risks arise when a specific underlying investment is difficult to be liquidated, causing possible difficulty to redeem your investment from the mutual fund.

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