| 2024/09/20 | |
|---|---|
| NAV | |
| 98.7000 | |
| Difference | 1.37% (1.33) |
General attributes
| Fund type | Equity Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 2021/10/28 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 1,408,227,518.81 CZK |
| Fiscal year | 04/01 - 03/31 |
| Initial charge | 3.00% |
| Management fee | 1.80% |
| Ongoing charges | 2.10% |
| Minimum investment | According to offer |
| Recommended holding period | At least 6 years |
| Investor experience | - |
| Investor tolerance | 4 (scale 1-7) |
| Disclosure Regulation | Article 8 |
Fund PDF download
| Prospectus |  |
| Key Information Document (KID) | |
| Sustainability-related disclosures | |
| CZ Flyer | |
| CZ Monthly fund report | |
| Target market information | |
| CZ Disclaimer | |
Fund annual reports
| Annual Reports | 2024/03/31 | |
| First-Half Report | 2023/09/30 | |
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 |
| Investment in a concentrated portfolio of small and mid sized value stocks. Diversification of risks over several countries and industries. Opportunities for attractive value increase. | The price of the funds can fluctuate considerably (high volatility). Due to the investment in foreign currencies, the fund value can fluctuate due to changes in the exchange rate. Capital loss is possible. 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
Purchase of share certificates |
Risk notes according to 2011 Austrian Investment Fund Act
| Since the history of the fund is very short, this performance chart is of little significance. |
| The Investment Fund will permanently invest at least 85% of its assets in shares of ERSTE STOCK VALUE (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 STOCK VALUE (CZK) serves as a feeder fund for the ERSTE STOCK VALUE 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 equity fund which invests in selected companies worldwide. The fund’s investment process is based on a quantitative pre-selection as well as an analysis of hereby identified companies according to fundamental and technical aspects. The stock selection is conducted with focus on value companies with a small or mid sized market capitalization. A concentrated portfolio is striven for as part of the portfolio construction process. Ecological and social factors as well as corporate management factors are integrated into the investment process. |
Performance (2024/08/30)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 8.02 | - | 8.64 | - | - | - | -0.58 |
Annual performance in % (2024/08/30)
| Period | 2019 | 2020 | 2021 | 2022 | 2023 |
| Perf | - | - | - | -11.11 | 4.07 |
Statistical figures (-)
| Sharpe Ratio | - |
| Volatility in % | - |
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 (2024/08/30)
| Name | %FA | ||
| UNICREDIT | 3.99 | ||
| UTD THERAP. (DEL.) DL-,01 | 3.74 | ||
| ING GROEP NV EO -,01 | 3.30 | ||
| COCA-COLA EU.PA. EO -,01 | 3.25 | ||
| ERSTE GROUP BNK INH. O.N. | 3.23 | ||
| GOLDMAN SACHS GRP INC. | 3.22 | ||
| JONES LANG LASALLE DL-,01 | 3.11 | ||
| NEWMONT CORP. DL 1,60 | 2.97 | ||
| MASTEC INC. DL-,10 | 2.97 | ||
| MARATHON OIL DL 1 | 2.90 |
Holdings by country (2024/08/30)
 | 55.84 % | United States of America |
| 13.19 % | Netherlands |
| 7.44 % | Italy |
| 7.43 % | France |
| 4.70 % | Austria |
| 2.72 % | Hungary |
| 2.14 % | Denmark |
| 2.09 % | United Kingdom |
| 2.00 % | Ireland |
| 1.53 % | Spain |
Percentage holdings by sector (2024/08/30)
| 28.53 % | Financials |
| 10.63 % | Consumer Discretionary |
| 10.24 % | Health Care |
| 9.66 % | Industrials |
| 8.77 % | Energy |
| 6.84 % | Consumer Staples |
| 6.72 % | Real Estate |
| 5.98 % | Utilities |
| 4.35 % | Information Technology |
| 4.23 % | Materials |
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. |
