| 2023/12/07 | |
|---|---|
| NAV | |
| 3,242.8300 | |
| Difference | 0.18% (5.84) |
General attributes
| Fund type | Flexible-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 1997/07/01 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 62,853,754.55 EUR |
| Fiscal year | 06/01 - 05/31 |
| Initial charge | 1.00% |
| Management fee | 0.72% |
| Ongoing charges | 0.79% |
| Minimum investment | According to offer |
| Account number | - |
| Recommended holding period | At least 6 years |
| Investor experience | - |
| Investor tolerance | 3 (scale 1-7) |
Fund PDF download
| Prospectus |  |
| Key Information Document (KID) | |
| CZ Disclaimer | |
| Target market information | |
Fund annual reports
| Annual Reports | 2023/05/31 | |
| First-Half Report | 2022/11/30 | |
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 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
Purchase of share certificates |
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 (2023/10/31)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 1.53 | - | -0.25 | -12.09 | -5.27 | -2.81 | 0.46 |
Annual performance in % (2023/10/31)
| Period | 2018 | 2019 | 2020 | 2021 | 2022 |
| Perf | -5.04 | 6.76 | 1.81 | -12.37 | -23.07 |
Funds ratio of bonds (2023/10/31)
| Average Yield | 6.34 % |
| Average time to maturity | 6.17 years |
| Duration in years | 5.22 years |
| Modified duration | 4.92 % |
Statistical figures (2023/10/31)
| Sharpe Ratio | - |
| Volatility in % | 11.43 |
Minimum & maximum performance in % p.a. (2023/10/31)
| 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 (2023/10/31)
| ISIN | Name | Currency | %FA |
| XS1963719585 | EIB EUR.INV.BK 19/29 MTN | PLN | 5.63 |
| CZ0001001796 | CZECH REP. 2036 49 | CZK | 3.97 |
| PL0000113783 | POLEN 21/32 | PLN | 3.89 |
| CZ0001002547 | CZECH REP. 2024 58 | CZK | 3.66 |
| XS1622379698 | EIB EUR.INV.BK 17/24 MTN | PLN | 3.56 |
| CZ0001006233 | TSCHECHIEN 21/32 | CZK | 2.61 |
| RO1631DBN055 | RUMAENIEN 16-31 | RON | 2.60 |
| XS2309419047 | EBRD 21/26 MTN | PLN | 2.57 |
| CZ0001005243 | CZECH REP. 2033 | CZK | 2.21 |
| ROO7A2H5YIN8 | RUMAENIEN 22/32 | RON | 1.96 |
Holdings by country (2023/10/31)
 | 18.75 % | Czech Republic |
| 16.78 % | Romania |
| 14.40 % | Poland |
| 11.48 % | Supranational |
| 10.79 % | Hungary |
| 4.54 % | Croatia (Local Name: Hrvatska) |
| 3.77 % | Europe |
| 3.43 % | Lithuania |
| 3.00 % | Latvia |
| 2.10 % | Serbia |
| 2.02 % | Bulgaria |
| 1.97 % | Germany |
| 1.69 % | Russia |
| 1.62 % | Albania |
| 1.17 % | Macedonia |
Percentage holdings by rating (2023/10/31)
| 35.30 % | BBB |
| 20.83 % | A |
| 18.82 % | AA |
| 17.22 % | AAA |
| 3.27 % | BB |
| 2.35 % | B |
| 1.69 % | NR |
| 0.52 % | CCC |
Percentage securities type (2023/10/31)
| 84.74 % | Government/Government guaranteed |
| 15.26 % | Supranational |
Holdings by currency (2023/10/31)
| 37.48 % | EUR |
| 21.46 % | PLN |
| 17.64 % | CZK |
| 10.35 % | RON |
| 10.07 % | HUF |
| 1.60 % | RUB |
| 1.41 % | 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. |
