Look for:

Our offer for

ERSTE STOCK EUROPE PROPERTY VT


European real estate stocks

ISIN:
AT0000613625

2023/02/03
NAV
6,910.7600
Difference 6.21% (403.97)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2001/05/21
Licenced inAT,CZ
Duration of fundopen end
Total assets32,485,183.69 EUR
Fiscal year05/01 - 04/30
Initial charge3.00%
Management fee1.80%
Ongoing charges2.08%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance4 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Information Document (KID)PDF Download
CZ DisclaimerPDF Download

Fund annual reports

Annual Reports2022/04/30PDF Download
First-Half Report2022/10/31PDF 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 European real estate stocks with little capital investment. Active stock selection based on fundamental criteria. Opportunities for capital appreciation. 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 greatly (high volatility). The investor mainly bears the risk of the European real estate market as well as the issuer risk of the participating companies. Due to the investment in foreign currencies, the net asset value in Euro can fluctuate due to changes in the exchange rate. Loss of capital 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 EUROPE PROPERTY 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.


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 EUROPE PROPERTY invests primarily in European real estate stocks and REITs (Real Estate Investment Trusts). 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 foreign currency risks is generally not provided, but is possible.

The fund employs an active investment policy and is not oriented towards a benchmark. The assets are selected on a discretionary basis and the scope of discretion of the management company is not limited.

Performance (2022/12/30)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf -38.25 - -38.25 -14.81 -6.24 1.40 1.33

Annual performance in % (2022/12/30)

Period 2018 2019 2020 2021 2022
Perf -8.98 28.82 -8.15 8.95 -38.25

Other funds certificates

Type ISIN Currency NAV
Date NAV
Initial Charge
VT. AT0000613617 EUR 291.4100
2023/02/03
4.00%
A. AT0000708334 EUR 145.8700
2023/02/03
4.00%

Performance Calculator

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

Minimum & maximum performance in % p.a. (2022/12/30)

1Y
83.61
 
-59.68
3Y
43.66
 
-27.77
5Y
29.61
 
-12.96
10Y
12.89
 
-1.66

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 (2022/12/30)

ISINNameCurrency%FA
DE000A1ML7J1VONOVIA SE NA O.N.EUR7.59
GB00B5ZN1N88SEGRO PLC LS-,10GBP5.95
DE000LEG1110LEG IMMOBILIEN SE NA O.N.EUR4.57
CH0008038389SWISS PRIME SITE SF 2CHF4.17
CH0018294154PSP SWISS PROP. SF 0,1CHF3.94
SE0000379190CASTELLUM ABSEK3.39
FR0010040865GECINA S.A. INH. EO 7,50EUR3.26
IE00B1TXLS18ISHSII-UK PROP. LSDISGBP3.15
SE0005127818AB SAGAX BSEK3.14
FR0000121964KLEPIERRE S.A.INH.EO 1,40EUR3.10

Holdings by country (2022/12/30)

30.44 %Sweden
29.44 %Germany
19.21 %Switzerland
4.78 %Spain
3.63 %United Kingdom
3.53 %Finland
2.88 %Luxembourg
2.84 %Austria
2.12 %Norway
1.13 %Belgium

Percentage holdings by sector (2022/12/30)

92.54 %Real Estate Operating Companies
4.12 %Construction & Engineering
2.09 %Diversified Real Estate Activities
1.25 %Homebuilding

Holdings by currency (2022/12/30)

44.19 %EUR
25.15 %GBP
18.04 %SEK
11.36 %CHF
1.25 %NOK



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.

Find a branch...

Buy securities directly in a branch of Česká spořitelna.

>

Trade via George…

Enjoy the opportunity to trade selected securities online via George, the new banking.

>

Fund chart analyzer

Compare the historical performance of mutual funds.

Performance Calculator

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

Performance overview table

Performance of mutual funds for various time periods with weekly updates.

Contact

 
Do you have any further questions which are not covered in our know-how area? Please ask directly our product specialists via our contact form.




Decline
Accept

We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. Please read more information here

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ 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.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer