| 2024/10/11 | |
|---|---|
| NAV | |
| 206.5300 | |
| Difference | 0.01% (0.02) |
General attributes
| Fund type | Flexible-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | EUR |
| Type | VT |
| Begin of subscription period | 2002/09/22 |
| Inception | 1999/06/01 |
| Licenced in | AT,CZ,DE,HU,RO, SK |
| Duration of fund | open end |
| Total assets | 438,556,150.57 EUR |
| Fiscal year | 06/01 - 05/31 |
| Initial charge | 1.00% |
| Management fee | 1.20% |
| Ongoing charges | 1.13% |
| Minimum investment | According to offer |
| Recommended holding period | At least 6 years |
| Investor experience | - |
| Investor tolerance | 3 (scale 1-7) |
| Disclosure Regulation | Article 8 |
Fund PDF download
| Prospectus |  |
| Key Information Document (KID) | |
| Sustainability-related disclosures | |
| CZ Disclaimer | |
Fund annual reports
| Annual Reports | 2024/05/31 | |
| First-Half Report | 2023/11/30 | |
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 |
| Broad diversification in European high-yield bonds. Attractive, long-term asset class. Opportunity to earn high annual payouts. No currency effects due to currency hedging. | The price of the fund can fluctuate considerably. Deteriorations in credit ratings can lead to price declines. Increased risk due to average to low debtor credit rating of participating companies. 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
| Since the history of the fund is very short, this performance chart is of little significance. |
Disclaimer
| The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity. |
Performance goal and investment strategy
| ERSTE BOND EUROPE HIGH YIELD mainly invests in corporate bonds denominated in euros. Foreign currency risks are mostly hedged. The rating is primarily high-yield (BB and lower). Ecological and social factors as well as corporate management factors are integrated into the investment process. |
Performance (2024/09/30)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 5.31 | - | 10.58 | 0.34 | 1.06 | 2.07 | 4.79 |
Annual performance in % (2024/09/30)
| Period | 2019 | 2020 | 2021 | 2022 | 2023 |
| Perf | 8.50 | -0.50 | 2.75 | -12.49 | 10.14 |
Funds ratio of bonds (2024/09/30)
| Average Yield | 4.60 % |
| Average time to maturity | 15.53 years |
| Duration in years | 2.80 years |
| Modified duration | 2.69 % |
Statistical figures (2024/09/30)
| Sharpe Ratio | - |
| Volatility in % | 6.68 |
Other funds certificates
| Type | ISIN | Currency | NAV Date NAV |
Initial Charge |
| VT. | AT0000639422 | CZK | 5,225.6700 2024/10/11 |
1.00% |
Minimum & maximum performance in % p.a. (2024/09/30)
| 1Y | 62.33  |
 -35.83 | |
| 3Y | 23.26 |
-11.87 | |
| 5Y | 18.04 |
-4.32 | |
| 10Y | 10.07 |
0.05 |
Disclaimer
| The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity. |
Holdings by country (2024/09/30)
 | 17.75 % | France |
| 15.78 % | United States of America |
| 13.66 % | Italy |
| 9.14 % | United Kingdom |
| 8.86 % | Germany |
| 8.86 % | Spain |
| 4.81 % | Sweden |
| 4.32 % | Netherlands |
| 3.56 % | Czech Republic |
| 2.25 % | Greece |
Percentage holdings by rating (2024/09/30)
| 64.36 % | BB |
| 17.94 % | B |
| 12.33 % | BBB |
| 2.70 % | CCC |
| 0.86 % | A |
| 0.75 % | AA |
| 0.68 % | D |
| 0.39 % | AAA |
Percentage securities type (2024/09/30)
| 78.13 % | Corporate non-investment grade |
| 10.10 % | Corporate investment grade |
| 7.54 % | Non-investment grade credit institutions |
| 2.79 % | Investment grade credit institutions |
| 1.43 % | Government/Government guaranteed |
Holdings by currency (2024/09/30)
| 99.80 % | EUR |
| 0.20 % | Others |
Disclaimer
| The full names of the open-ended mutual funds and complete product information are provided in the statutes (prospectuses) of the funds. The information stated herein is of the nature of a promotional message. The information stated in this message is not an investment recommendation or investment advice since it does not take into account the specific situation of specific investors. The value of the financial instruments may rise and fall, while there is no guarantee of a return on the originally invested amount. Past performance is no guarantee of the same performance in a future period. A visitor to this website may be outside the target market of the financial instruments stated herein. We recommend that you consult your specific investment plan with an expert advisor who will verify that the planned investment will be commensurate with your knowledge and experience, that it will be in accordance with your needs, characteristics and goals, financial circumstances or relation to risk, and will familiarise you with all possible risks of a specific investment opportunity. |
