|Saving||Regular saving money on a current or savings account, where it is bearing interest at a rate known in advance.|
|Scoring||Comparison of investments (e.g., mutual funds according to various criteria, such as performance, volatility, volume of funds, amount of fees, etc.)|
|Sector Funds||Mutual funds, whose portfolio consists of securities of a particular industry. In this case, diversification of risk is lower but, on the other hand, the investments in these funds allow participation in the growth of promising sectors.|
|Securities Analysis||Analysis and valuation of securities (shares, bonds, etc.) precedes the decision on a potential investment in securities. During the securities analysis, the economic situation of the issuer is examined. The main source of information about the issuer is the financial analysis. All the information acquired must be subsequently properly interpreted and assessed. The security is valued based on the analysis and this ascertained “fair value” is compared with the market rate. The entire securities analysis can be summarized as follows: • Analysis (processing information that may affect the investment positively or negatively) • Forecast (estimate of the future yields trend based on the analysis of historical data and information submitted on the current situation and possible development) • Rating (the forecast result is confronted with the external environment, i.e. the situation in the capital markets, the business cycle, etc.)|
|Securities Dealer||A joint-stock company authorised to trade in securities that can buy and sell securities for customers. Depending on the extent of the authorisation, it may also perform other related activities.|
|Security||A security represents a legal claim of its owner in relation to the obliged subject (usually the issuer). A security bears the legal claim, which is embodied in it, and is essentially irreplaceable for its establishment, existence, transfer and termination. Securities are primarily: shares, interim certificates, share certificates, debentures, bonds, stock warrants, bills of exchange, cheques, investment coupons, coupons, traveller’s cheques, bills of lading and dock warrants. Securities are also instruments that are declared as securities by special laws. There are three forms of securities: bearer securities and securities registered by name or order; and two types of securities – materialised and dematerialised.|
|Security Credibility||Expression of the quality of a security. It is closely related to the creditworthiness of the issuer. The more credible, stronger and stable the issuer, the higher the credibility of the securities issued by it.|
|Security Prospectus||A document by which the issuer of a security to be admitted to trading on a public market or publicly offered, gives the investors the basic information about himself, his business, financial condition and information on the issued security. There may be even a briefer prospectus that is simpler and is used for securities which should be publicly offered, but which were not accepted for trading on the public market.|
|Selling Price||The price at which the share certificates are issued. Selling price consists of the calculated value of the share (rate) and the entry fee determined in the fund’s statute.|
|Settlement Risk||The risk of loss from unsettled transactions.|
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.