| - | |
|---|---|
| NAV | |
| - | |
| Difference | - (-) |
General attributes
| Fund type | Equity Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 2007/08/01 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 22,044,125.77 EUR |
| Fiscal year | 06/01 - 05/31 |
| Initial charge | - |
| Management fee | 1.80% |
| Ongoing charges | 1.75% |
| Minimum investment | According to offer |
| Account number | - |
| Recommended holding period | At least 6 years |
| Investor experience | - |
| Investor tolerance | 6 (scale 1-7) |
Fund PDF download
| CZ Disclaimer |  |
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 companies of the CIS countries with little capital investment. Active stock selection based on fundamental criteria. Opportunities for attractive capital appreciation for investors with large risk appetite. The fund is suitable as an addition to an existing equity portfolio and is intended for long-term capital appreciation. | The price of the funds can fluctuate considerably (high volatility). Due to the investment in foreign currencies, especially in Russian ruble, the net asset value can fluctuate due to changes in the exchange rate. 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 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. |
| ERSTE STOCK RUSSIA may exhibit increased volatility due to the composition of its portfolio: i.e. the unit value can be subject to significant fluctuations both upwards and downwards within short periods of time. |
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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 ERSTE STOCK RUSSIA invests primarily in companies based or stock market listed in Russia. The fund's investment process is based on fundamental business analysis. Shares of companies from the former Commonwealth of Independent States (CIS) can also be added. When selecting stocks, the focus is on high-quality, high-growth companies. A hedge against the foreign currency risk from the Russian ruble is generally not provided, but is possible. Due to the current political situation and the associated uncertainties regarding the fungibility of the Moscow Exchange, the calculation of prices and the trading of unit certificates are being suspended for ERSTE STOCK RUSSIA. The resumption of unit certificate trading will be announced separately. For further information please see here The fund employs an active investment policy. The assets are selected on a discretionary basis. The fund is oriented towards a benchmark (for licensing reasons, the specific naming of the index used is made in the prospectus (12.) or KID "Ziele und Anlagepolitik"). The composition and performance of the fund can deviate substantially or entirely in a positive or negative direction from that of the benchmark over the short term or long term. The discretionary power of the Management Company is not limited. |
Performance (2022/02/24)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | -22.79 | - | -13.13 | 0.63 | -0.96 | 0.11 | -2.24 |
Annual performance in % (2022/02/24)
| Period | 2018 | 2019 | 2020 | 2021 | 2022 |
| Perf | 2.58 | 48.99 | -9.69 | 21.16 | - |
Statistical figures (2022/02/24)
| Sharpe Ratio | 0.17 |
| Volatility in % | 31.56 |
Minimum & maximum performance in % p.a. (2022/02/24)
| 1Y | 189.01  |
 -75.58 | |
| 3Y | 42.05 |
-19.46 | |
| 5Y | 22.29 |
-15.60 | |
| 10Y | 10.83 |
-5.32 |
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. |
Percentage holdings by sector (2022/02/24)
 | 37.44 % | Materials |
| 35.28 % | Energy |
| 11.16 % | Financials |
| 9.93 % | Communication Services |
| 5.59 % | Consumer Staples |
| 0.59 % | Information Technology |
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. |