| 2019/11/13 | |
|---|---|
| NAV | |
| 3,261.2500 | |
| Difference | -0.05% (-1.60) |
General attributes
| Fund type | Flexible-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 1987/05/18 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 165,189,220.15 EUR |
| Fiscal year | 09/01 - 08/31 |
| Initial charge | 3.50% |
| Management fee | 0.72% |
| Ongoing charges | 0.67% |
| 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 Investor Information Document | |
| CZ Disclaimer | |
Fund annual reports
| Annual Reports | 2019/08/31 | |
| First-Half Report | 2019/02/28 | |
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 issuers from a variety of countries and sectors. Opportunity to earn attractive annual return. Capital appreciation is possible via currency gains. Gains are possible when interest rates fall. | Rising interest rates can lead to declines in prices. Because of investments in foreign currencies the net asset value can be burdened by changes in exchange rates. Clients bear the credit risk of the participating european companies and countries. Capital loss is possible. |
Secondary market
Purchase of share certificates |
Risk notes according to 2011 Austrian Investment Fund Act
| ESPA PORTFOLIO BOND EUROPE may make significant investments in derivatives (including swaps and other OTC derivatives) pursuant to section 73 of the 2011 Austrian Investment Fund Act. |
| ESPA PORTFOLIO BOND EUROPE may make significant investments in investment funds (UCITS, UCI) pursuant to section 71 of the 2011 Austrian Investment Fund Act. |
| In accordance with the fund provisions approved by the Austrian Financial Market Authority (FMA), ESPA PORTFOLIO BOND EUROPE 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
| The investment objective of < |
Performance (2019/10/31)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 7.84 | - | 8.14 | 0.51 | 0.73 | 3.27 | 1.91 |
Annual performance in % (2019/10/31)
| Period | 2014 | 2015 | 2016 | 2017 | 2018 |
| Perf | 12.33 | -1.05 | 1.20 | -6.40 | 0.51 |
Funds ratio of bonds (-)
| Average Yield | 0.71 % |
| Average time to maturity | 10.06 years |
| Duration in years | 8.31 years |
| Modified duration | 8.26 % |
Minimum & maximum performance in % p.a. (2019/10/31)
| 1Y | 18.45  |
 -7.49 | |
| 3Y | 12.97 |
-1.69 | |
| 5Y | 9.38 |
0.72 | |
| 10Y | 8.38 |
2.60 |
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 (2019/10/31)
| ISIN | Name | Currency | %FA |
| GB00BDCHBW80 | TREASURY STK 2047 | GBP | 9.96 |
| FR0013154044 | REP. FSE 16-36 O.A.T. | EUR | 4.56 |
| IT0005172322 | B.T.P. 16-23 | EUR | 4.24 |
| IT0005162828 | B.T.P. 16-47 | EUR | 4.18 |
| AT0000A05F50 | ESPA ALPHA 2 T | EUR | 3.40 |
| BE0000335449 | BELGIQUE 15/31 75 | EUR | 3.32 |
| ES00000128C6 | SPANIEN 16-46 | EUR | 3.20 |
| FR0012299394 | CIE F.FONCIER 14/21 MTN | EUR | 3.00 |
| FR0013131877 | REP. FSE 16-26 O.A.T. | EUR | 2.84 |
| AT0000724224 | ESPA BD EU.CO. EOR01TEO | EUR | 2.76 |
Holdings by country (2019/10/31)
 | 19.28 % | United Kingdom |
| 16.88 % | Italy |
| 16.72 % | France |
| 12.95 % | Spain |
| 7.18 % | Germany |
| 6.22 % | Belgium |
| 4.61 % | Austria |
| 3.52 % | Netherlands |
| 2.39 % | Portugal |
| 2.04 % | Supranational |
| 1.61 % | XB |
| 1.42 % | United States of America |
| 1.26 % | Denmark |
| 1.08 % | Sweden |
Percentage holdings by rating (2019/10/31)
| 45.22 % | AA |
| 36.87 % | BBB |
| 14.57 % | AAA |
| 3.29 % | A |
| 0.04 % | BB |
Percentage securities type (2019/10/31)
| 78.36 % | Government/Government guaranteed |
| 7.32 % | Corporate investment grade |
| 7.03 % | Investment grade credit institutions |
| 5.21 % | Covered bonds |
| 2.04 % | Supranational |
| 0.02 % | Corporate non-investment grade |
| 0.02 % | Non-investment grade credit institutions |
Holdings by currency (2019/10/31)
| 79.63 % | EUR |
| 18.43 % | GBP |
| 1.27 % | DKK |
| 0.71 % | CHF |
| -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. |
