ALPHA TRUST APOLLO 11 Greek Equity Fund

The annual returns of a mutual fund refer to the percentage increase (or decrease) in the value of the capital over the year. Similarly, the Average Annual Return is calculated as the average of the annual returns of the mutual fund over a selected time period.  

The cumulative return of a mutual fund refers to the total return on the capital from the initial investment date to the current date. Cumulative return provides a more accurate picture of the overall performance of an investment over a longer time horizon.

The following chart illustrates the hypothetical growth of a €10,000 investment in the mutual fund compared to the benchmark index. The calculations are based on past performance data for both the mutual fund and the benchmark index.