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ERSTE RESPONSIBLE STOCK GLOBAL (CZK) VT


Equities worldwide emphasizing sustainability

ISIN:
AT0000A1AW14

2024/03/18
NAV
200.7300
Difference -0.75% (-1.52)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2014/12/15
Licenced inAT,CZ
Duration of fundopen end
Total assets466,074,665.97 CZK
Fiscal year12/01 - 11/30
Initial charge3.00%
Management fee1.80%
Ongoing charges1.79%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance4 (scale 1-7)
Disclosure RegulationArticle 8

 
Initial charge represents a % of the value of the current fund share unit price and is charged once upon making the investment. Management Fee and Ongoing Charges represent costs paid from the assets of the mutual fund on an annual basis (per annum).



Fund PDF download

ProspectusPDF Download
Key Information Document (KID)PDF Download
Sustainability-related disclosuresPDF Download
Target market informationPDF Download
CZ DisclaimerPDF Download

Fund annual reports

Annual Reports2023/11/30PDF Download
First-Half Report2023/05/31PDF Download
Scale: ABS REL


The chart shows the current fund share unit price (NAV) of the nominal value of an investment company proclaimed on that working day. Performances under 12 month have only little informative value.  Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of
Broadly diversified investment in global companies that emphasizes ecological, social and ethical business practices. Opportunity to achieve substantial capital appreciation. "Sustainable" outperformance expected relative to the overall market. Investment funds are separate assets. The net asset value of the fund can fluctuate considerably (high volatility). Investors bear the risk of global equity markets. Possibility of capital loss. Since the feeder fund predominantly invests in the master fund, the performance of the feeder fund depends significantly on the performance of the master fund. Other risks that may be of significance for the feeder fund are, in particular, credit and counterparty risk, liquidity risk, custody risk, derivative risk and operational risk. Comprehensive information on the risks of the feeder fund can be found in the prospectus or the information for investors pursuant to § 21 AIFMG, section II, "Risk information".

Secondary market


THE TARGET MARKET OF THIS INVESTMENT PRODUCT CAN BE FOUND IN FUND PDF DOWNLOAD. PLEASE SEE THIS DOCUMENT.
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Purchase of share certificates
Investing in the open-end mutual funds is very easy. If you have already invested with Česká spořitelna, simply remit the invested amount to the collection account number of the selected fund and indicate your MUIN (number of your investment account) as the variable symbol. A comfortable method of investing is represented by GEORGE Internetbanking.

Sale of share certificates

To sell certificates visit any branch of Česká spořitelna or use the GEORGE Internetbanking services.

For new clients

If you have not invested with Česká spořitelna, contact your personal consultant or visit any branch of Česká spořitelna, where we will be happy to answer your questions and help you choose the best investment solution. You just have to make one visit to the Česká spořitelna branch and then you may make investments without any further visits.

 
ČS list of charges for mutual funds unit trading



Risk notes according to 2011 Austrian Investment Fund Act

Unless explicitly noted otherwise, performance figures for periods of less than ten years always start from the launch of the fund. Performance figures for periods of less than 12 months in particular are not indicative of a fund’s development due to their short-term nature.
The Investment Fund will permanently invest at least 85% of its assets in shares of ERSTE RESPONSIBLE STOCK GLOBAL (master fund).


Disclaimer

The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity.

Performance goal and investment strategy

The ERSTE RESPONSIBLE STOCK GLOBAL (CZK) serves as a feeder fund for the ERSTE RESPONSIBLE STOCK GLOBAL fund (master fund). Foreign exchange risks of the master fund are hedged within the feeder fund against the Czech crown. The master fund is an actively managed sustainability equity fund that invests throughout the world. The fund’s structure is geared towards the MSCI World Index. The fund is managed based on a four-level investment process. At level 1 the investment universe is filtered based on ESG criteria defined within the “EAM ESG Rating”. At level 2 companies are excluded through “Best in class” approach and exclusion criteria and discussed by an investment board. At level 3 portfolio is established and risk management is defined. At level 4 the EAM Engagement Policy takes place. Investing in shares of companies that are pioneers in terms of ecological, social and governance aspects is at the forefront of the investment decision. A holistic ESG approach also takes ethical aspects into account. Hedging against foreign currency risks is generally not provided, but is possible.

Performance (2024/02/29)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 4.51 - 19.16 6.91 11.43 - 7.80

Annual performance in % (2024/02/29)

Period 2019 2020 2021 2022 2023
Perf 28.90 20.11 22.38 -18.53 19.42

Statistical figures (2024/02/29)

Sharpe Ratio-
Volatility in %15.23

Performance Calculator

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Minimum & maximum performance in % p.a. (2024/02/29)

1Y
69.97
 
-20.34
3Y
23.89
 
-3.15
5Y
14.41
 
-2.94

Disclaimer

The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity.

Top holdings (2024/02/29)

ISINNameCurrency%FA
-MICROSOFT DL-,00000625-6.95
-APPLE INC.-6.45
-NVIDIA CORP. DL-,01-4.78
-ALPHABET INC.CL.A DL-,001-2.47
-ALPHABET INC.CL C DL-,001-1.90
-BROADCOM INC. DL-,001-1.76
-VISA INC. CL. A DL -,0001-1.47
-MERCK CO. DL-,01-1.19
-ASML HOLDING EO -,09-1.17
-LVMH EO 0,3-1.16

Holdings by country (2024/02/29)

72.93 %United States of America
5.82 %France
5.05 %Japan
3.47 %Germany
2.99 %United Kingdom
2.47 %Netherlands
1.75 %Denmark
1.27 %Austria
1.17 %Switzerland

Percentage holdings by sector (2024/02/29)

39.15 %Information Technology
16.05 %Health Care
11.21 %Financials
10.56 %Industrials
8.65 %Consumer Discretionary
6.00 %Communication Services
4.95 %Consumer Staples
2.87 %Materials
0.55 %Utilities



Disclaimer

The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity.

Know-How

 
In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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Performance overview table

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Contact

 
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