Look for:

Products

Our Glossary



Page 1 of 1
<<
<
>
>>
Absolute Return Strategy Investment strategy striving for certain appreciation in the given time horizon regardless of market developments
Active Portfolio Management The deciding on which securities, in what volume and when will be purchased or sold. It depends on the decisions of the portfolio manager based on the fund’s statute and investment strategy or the planned portfolio structure.
Aliquot Interest Yield The aliquot interest yield is a part of the nominal yield which pertaining to the bond holder for the period from the bond issue or from the last coupon payment calculated until the transaction settlement date. Aliquot interest yield is added automatically to the bond price and can be positive or negative. For a client buying a bond, a positive aliquot interest yield means compensation that he has to pay when s/he becomes entitled to the whole coupon without holding the bond all the time. For a client buying a bond, a negative aliquot interest yield represents compensation for the period when the bond is held without entitlement to the coupon.
Annual Report Report on the activities of a company or fund. It includes explanations of the costs and income achieved during the accounting year as well as the overall development during the particular period. In can contain also basic strategies for the next period.
Arbitrage Investment strategy based on the utilisation of price differences in individual instruments. These price differences can result, for example, from trading the same contract at different stock exchanges (territorial arbitrage). Due to the present large interconnection of the individual markets, the opportunities for arbitrage are currently relatively small.
Asset Allocation Allocation of assets. In the context of portfolio management (asset management), it means the optimisation of assets allocation among the respective investment instruments so as to be suitable for the client while taking into account the profitability and risk as well as the situation on the securities market.


Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR CORPORATE AND INSTITUTIONAL CLIENTS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.

The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.
(iV) It is no consumer.