| 2021/09/23 | |
|---|---|
| NAV | |
| 5,192.1700 | |
| Difference | -0.24% (-12.28) |
General attributes
| Fund type | Flexible-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 2001/01/15 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 639,714,651.82 EUR |
| Fiscal year | 08/01 - 07/31 |
| Initial charge | 1.00% |
| Management fee | 0.60% |
| Ongoing charges | 0.65% |
| Minimum investment | According to offer |
| Account number | - |
| Recommended holding period | At least 6 years |
| Investor experience | - |
| Investor tolerance | 3 (scale 1-7) |
| Disclosure Regulation | Article 8 |
Fund PDF download
| Prospectus |  |
| Key Investor Information Document | |
| ESG Information | |
| CZ Disclaimer | |
Fund annual reports
| Annual Reports | 2020/07/31 | |
| First-Half Report | 2021/01/31 | |
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 corporate bonds with good to average credit ratings. Opportunity to earn an attractive, long-term return and high annual payouts. Gains are possible when interest rates fall. | Rising interest rates can lead to price declines. Price declines are possible, particularly in an environment of rising risk premiums (deterioration in the credit ratings of participating companies). Capital loss is possible. |
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 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. |
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 EURO CORPORATE mainly invests in corporate bonds of European issuers with high to medium credit ratings, which are denominated in euros. The rating (creditworthiness) of the bonds in the fund is primarily in the investment grade area. Any foreign currency risks are mostly hedged. Ecological and social factors as well as corporate management factors are integrated into the investment process. |
Performance (2021/08/31)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | -2.36 | - | 0.43 | 1.87 | -0.02 | 3.87 | 1.87 |
Annual performance in % (2021/08/31)
| Period | 2016 | 2017 | 2018 | 2019 | 2020 |
| Perf | 3.94 | -3.43 | -1.19 | 4.48 | 4.57 |
Funds ratio of bonds (2021/08/31)
| Average Yield | 0.57 % |
| Average time to maturity | 8.58 years |
| Duration in years | 4.88 years |
| Modified duration | 4.86 % |
Minimum & maximum performance in % p.a. (2021/08/31)
| 1Y | 20.80  |
 -8.13 | |
| 3Y | 9.58 |
-2.27 | |
| 5Y | 7.95 |
-0.28 | |
| 10Y | 5.08 |
2.48 |
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 (2021/08/31)
| ISIN | Name | Currency | %FA |
| AT0000A05F50 | ERSTE ALPHA 2 T | EUR | 1.13 |
| AT0000A2KW37 | ERSTE GR.BK. 20/28 FLRMTN | EUR | 0.86 |
| XS2230399441 | AIB GROUP 20/31 FLR MTN | EUR | 0.85 |
| XS1612543121 | GENL EL. 17/29 | EUR | 0.84 |
| FR0014000OZ2 | STE GENERALE 20/30 FLRMTN | EUR | 0.83 |
| DE000A190NE4 | DAIMLER INTL FIN.18/25MTN | EUR | 0.83 |
| XS1317732771 | MOELNLYCKE HLDG 15/24 | EUR | 0.83 |
| XS2228683350 | NISSAN MOTOR 20/28 REGS | EUR | 0.83 |
| AT000B121967 | VOLKSBANK WIEN 17-27 FLR | EUR | 0.82 |
| CH0341440334 | UBS GROUP 16/24 | EUR | 0.82 |
Holdings by country (2021/08/31)
 | 16.97 % | France |
| 15.74 % | Germany |
| 15.13 % | United States of America |
| 9.78 % | Austria |
| 6.47 % | United Kingdom |
| 5.70 % | Netherlands |
| 5.65 % | Spain |
| 4.69 % | Denmark |
| 3.39 % | Belgium |
| 3.01 % | Switzerland |
| 2.96 % | Sweden |
| 2.78 % | Italy |
| 1.71 % | Ireland |
| 1.35 % | Japan |
| 1.25 % | Finland |
Percentage holdings by rating (2021/08/31)
| 59.32 % | BBB |
| 29.71 % | A |
| 6.49 % | BB |
| 3.49 % | AA |
| 0.59 % | NR |
| 0.19 % | B |
| 0.15 % | AAA |
| 0.06 % | CCC |
Percentage securities type (2021/08/31)
| 63.93 % | Corporate investment grade |
| 27.44 % | Investment grade credit institutions |
| 4.56 % | Corporate non-investment grade |
| 2.67 % | Non-investment grade credit institutions |
| 1.40 % | Government/Government guaranteed |
Holdings by currency (2021/08/31)
| 99.97 % | EUR |
| 0.03 % | Others |
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. |
