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ERSTE STOCK ISTANBUL VT


Equity fund with a focus on Turkey

ISIN:
AT0000494885

2022/07/01
NAV
4,524.1200
Difference -0.16% (-7.22)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2001/08/14
Licenced inAT,CZ
Duration of fundopen end
Total assets27,335,238.60 EUR
Fiscal year05/01 - 04/30
Initial charge3.00%
Management fee2.16%
Ongoing charges2.10%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 8 years
Investor experience-
Investor tolerance7 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
CZ DisclaimerPDF Download

Fund annual reports

Annual Reports2021/04/30PDF Download
First-Half Report2021/10/31PDF 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
Broad diversification in selected Turkish companies with little capital investment. Active stock selection based on fundamental criteria. Opportunities for attractive capital appreciation for investors with large risk appetite. The fund is suitable as an addition to an existing equity portfolio and is intended for long-term capital appreciation. The price of the funds can fluctuate considerably (high volatility). Due to the investment in foreign currencies, especially in Turkish lira, the net asset value can fluctuate due to changes in the exchange rate. Capital loss is possible. Risks that may be significant for the fund are in particular: credit and counterparty risk, liquidity risk, custody risk, derivative risk and operational risk. Comprehensive information on the risks of the 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
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 five 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.
ERSTE STOCK ISTANBUL may exhibit increased volatility due to the composition of its portfolio: i.e. the unit value can be subject to significant fluctuations both upwards and downwards within short periods of time.
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Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Performance goal and investment strategy

The ERSTE STOCK ISTANBUL mainly invests in companies based or stock market listed in Turkey. The fund's investment process is based on fundamental business analysis. When selecting stocks, the focus is on high-quality, high-growth companies. A hedge against the foreign currency risk from the Turkish lira is generally not provided, but is possible.

The fund employs an active investment policy. The assets are selected on a discretionary basis. The fund is oriented towards a benchmark (for licensing reasons, the specific naming of the index used is made in the prospectus (12.) or KID "Ziele und Anlagepolitik"). The composition and performance of the fund can deviate substantially or entirely in a positive or negative direction from that of the benchmark over the short term or long term. The discretionary power of the Management Company is not limited.

Performance (2022/05/31)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 7.61 - 4.77 -1.07 -11.13 -5.54 -3.20

Annual performance in % (2022/05/31)

Period 2017 2018 2019 2020 2021
Perf 24.69 -39.48 13.36 -8.41 -12.50

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.

Minimum & maximum performance in % p.a. (2022/05/31)

1Y
154.93
 
-68.46
3Y
67.00
 
-28.17
5Y
41.75
 
-16.32
10Y
19.61
 
-10.78

Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

Top holdings (2022/05/31)

ISINNameCurrency%FA
TRAEREGL91G3EREGLI DEM.CEL. NAM. TN 1TRY8.18
TRATHYAO91M5TURK HAVA YOLLARI ASTRY7.17
TRATUPRS91E8TUERK.PETROL RAFI. TN 1TRY7.00
TREBIMM00018BIM BIRLESIK MAGAZALAR ASTRY6.61
TRASAHOL91Q5HACI OMER SABANCI TN 1TRY4.92
TRETAVH00018TAV HAVALIMAN.HLDG TN 1TRY4.81
TRAYKBNK91N6YAPI VE KREDI B.NA TN 1TRY4.79
TRAAKBNK91N6AKBANK T.A.S. TN 1TRY4.77
TREKOAL00014KOZA ALTIN ISLETMEL.TRY4.76
TRAKCHOL91Q8KOC HLDG NA TN 1TRY4.76

Percentage holdings by sector (2022/05/31)

27.78 %Industrials
18.24 %Materials
17.77 %Financials
14.27 %Consumer Staples
8.13 %Consumer Discretionary
7.45 %Energy
3.41 %Communication Services
2.28 %Health Care
0.67 %Utilities



Disclaimer

Full names of open Mutual funds are given in the fund statutes (prospectuses). Pursuant to rules applicable to collective investment, the manager informs that neither the current or expected performance will guarantee the future performance. Investment in investment certificates contains the risk that the current value of amount invested and yields on the amount will fluctuate; thus return on the amount invested is not guaranteed. All information provided herein is of informative nature only and it should not substitute the statute (prospectus) or give its overall summary. Before using this website/information for investment, you should consult consultants of Česká spořitelna. If any yield is mentioned in the reference material, you should always bear in mind that past yields will not guarantee future yields, that any investment is subject to the risk of value fluctuations and change of exchange rates, and that return on the amount invested or profit margin cannot be guaranteed.

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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