| 2024/10/11 | |
|---|---|
| NAV | |
| 145.4800 | |
| Difference | 0.23% (0.33) |
General attributes
| Fund type | Short-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | EUR |
| Type | VT |
| Begin of subscription period | - |
| Inception | 1997/10/01 |
| Licenced in | AT,CZ,HU,RO,SK |
| Duration of fund | open end |
| Total assets | 24,911,224.10 USD |
| Fiscal year | 05/01 - 04/30 |
| Initial charge | 0.30% |
| Management fee | 0.48% |
| Ongoing charges | 0.57% |
| 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 | 2024/04/30 | |
| First-Half Report | 2022/10/31 | |
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 |
| Attractive short-term investment for US dollar investors. Lower interest rate risk due to short residual maturities. Participation in the performance of the US dollar. | 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. 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. |
| In accordance with the fund provisions approved by the Austrian Financial Market Authority (FMA), ERSTE RESERVE DOLLAR 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
| 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 RESERVE DOLLAR is a bond fund with a short fixed interest rate. The fund invests in USD bonds with an investment grade rating. The target range of interest rate duration ranges from 0 to 1,5 years. Due to its foreign currency nature, a significant part of the fund's price fluctuation may arise from changes in foreign exchange rates. 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 | 3.51 | - | 0.11 | 4.17 | 1.76 | 2.97 | 2.63 |
Annual performance in % (2024/09/30)
| Period | 2019 | 2020 | 2021 | 2022 | 2023 |
| Perf | 6.10 | -7.34 | 7.75 | 6.82 | 1.20 |
Funds ratio of bonds (2024/09/30)
| Average Yield | 4.87 % |
| Average time to maturity | 1.19 years |
| Duration in years | 0.36 years |
| Modified duration | 0.35 % |
Statistical figures (2024/09/30)
| Sharpe Ratio | - |
| Volatility in % | 7.59 |
Other funds certificates
| Type | ISIN | Currency | NAV Date NAV |
Initial Charge |
| VT. | AT0000673249 | USD | 160.5700 2024/10/11 |
1.00% |
Minimum & maximum performance in % p.a. (2024/09/30)
| 1Y | 32.44  |
 -18.41 | |
| 3Y | 9.99 |
-5.51 | |
| 5Y | 5.81 |
-1.35 |
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)
 | 28.77 % | United States of America |
| 11.30 % | United Kingdom |
| 10.76 % | Australia |
| 9.40 % | France |
| 9.34 % | Japan |
| 5.56 % | Canada |
| 5.52 % | Netherlands |
| 3.46 % | Spain |
| 3.46 % | Germany |
| 3.42 % | China |
Percentage holdings by rating (2024/09/30)
| 50.77 % | A |
| 34.17 % | BBB |
| 15.06 % | AA |
Percentage securities type (2024/09/30)
| 51.51 % | Corporate investment grade |
| 48.49 % | Investment grade credit institutions |
Holdings by currency (2024/09/30)
| 100.00 % | USD |
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. |
