Look for:

Our offer for

ERSTE BOND DANUBIA VT


Bond fund with a focus on Central and Eastern Europe

ISIN:
AT0000639398

2023/09/29
NAV
3,105.5500
Difference -0.63% (-19.63)

General attributes

Fund typeFlexible-Term Bond Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception1997/07/01
Licenced inAT,CZ
Duration of fundopen end
Total assets64,330,768.39 EUR
Fiscal year06/01 - 05/31
Initial charge1.00%
Management fee0.72%
Ongoing charges0.79%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance3 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Information Document (KID)PDF Download
CZ DisclaimerPDF Download
Target market informationPDF Download

Fund annual reports

Annual Reports2023/05/31PDF Download
First-Half Report2022/11/30PDF 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
Investment in lucrative bonds of Central- and Eastern Europe. Broad diversification in issuances of selected countries, currencies and sectors. Foreign currency gains are possible. Gains are possible when interest rates fall. Rising interest rates can lead to price declines. Due to the investment in foreign currencies, the net asset value of the fund can be negatively impacted by currency fluctuations. The addition of bonds with average or low credit ratings can lead to increased risk. Deterioration in credit ratings can lead to price declines. 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


THE TARGET MARKET OF THIS INVESTMENT PRODUCT CAN BE FOUND IN FUND PDF DOWNLOAD. PLEASE SEE THIS DOCUMENT.
-------------------------------------------------------------

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.
In accordance with the fund provisions approved by the Austrian Financial Market Authority (FMA), ERSTE BOND DANUBIA intends to invest more than 35% of its assets in securities and/or money market instruments of public issuers. A detailed list of these issuers can be found in the prospectus, para. II, point 12.


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

ERSTE BOND DANUBIA mainly invests in government bonds from Eastern-, Southeastern Europe, the former Soviet Union and Turkey. In addition to bonds in local currency, issues are held in hard currency (EUR, USD hedged in EUR). Depending on the market situation, local currencies are temporarily hedged against the euro. Ecological and social factors as well as corporate management factors are integrated into the investment process.

Performance (2023/08/31)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 0.19 - -3.55 -11.95 -4.85 -2.57 0.40

Annual performance in % (2023/08/31)

Period 2018 2019 2020 2021 2022
Perf -5.04 6.76 1.81 -12.37 -23.07

Funds ratio of bonds (2023/08/31)

Average Yield5.97 %
Average time to maturity6.14 years
Duration in years5.18 years
Modified duration4.91 %

Statistical figures (2023/08/31)

Sharpe Ratio-
Volatility in %11.36

Performance Calculator

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

Minimum & maximum performance in % p.a. (2023/08/31)

1Y
40.86
 
-30.12
3Y
16.15
 
-12.25
5Y
12.01
 
-7.39
10Y
9.62
 
-3.08

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 (2023/08/31)

ISINNameCurrency%FA
XS1963719585EIB EUR.INV.BK 19/29 MTNPLN5.47
CZ0001001796CZECH REP. 2036 49CZK3.66
CZ0001002547CZECH REP. 2024 58CZK3.60
XS1622379698EIB EUR.INV.BK 17/24 MTNPLN3.41
ROJEC97WMUQ4RUMAENIEN 19/23RON3.24
RO1631DBN055RUMAENIEN 16-31RON2.69
CZ0001006233TSCHECHIEN 21/32CZK2.65
PL0000108866POLEN 15-26PLN2.59
XS2309419047EBRD 21/26 MTNPLN2.48
CZ0001005243CZECH REP. 2033CZK2.31

Holdings by country (2023/08/31)

18.55 %Romania
18.54 %Czech Republic
13.60 %Poland
10.96 %Supranational
10.68 %Hungary
4.39 %Croatia (Local Name: Hrvatska)
3.57 %Europe
3.45 %Lithuania
2.94 %Latvia
2.61 %Serbia
2.05 %Bulgaria
1.86 %Germany
1.62 %Albania
1.53 %Russia
1.13 %Macedonia

Percentage holdings by rating (2023/08/31)

36.80 %BBB
19.99 %A
18.58 %AA
16.39 %AAA
3.74 %BB
2.40 %B
1.57 %NR
0.53 %CCC

Percentage securities type (2023/08/31)

85.46 %Government/Government guaranteed
14.54 %Supranational

Holdings by currency (2023/08/31)

37.08 %EUR
21.51 %PLN
17.67 %CZK
10.87 %HUF
10.28 %RON
1.47 %RUB
1.11 %USD



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