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ERSTE STOCK BIOTEC VT


Biotechnology stocks with a focus on the US market

ISIN:
AT0000A0XYP0

2022/05/17
NAV
10,989.6900
Difference 0.21% (22.51)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2000/04/17
Licenced inAT,CZ
Duration of fundopen end
Total assets210,496,911.62 EUR
Fiscal year03/15 - 03/14
Initial charge3.00%
Management fee1.80%
Ongoing charges2.07%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance6 (scale 1-7)
Disclosure RegulationArticle 8

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
ESG InformationPDF Download
CZ DisclaimerPDF Download
CZ FlyerPDF Download

Fund annual reports

Annual Reports2020/03/14PDF Download
First-Half Report2021/09/14PDF Download
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
Broadly diversified investment in biotechnology companies with little capital investment. Active stock selection based on fundamental criteria. Opportunities for capital appreciation. The fund is suitable as an addition to an existing equity portfolio and is intended for long-term capital appreciation. The price of the fund can fluctuate considerably (high volatility). Due to the investment in foreign currencies the net asset value in Euro 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
Investing in the open-end mutual funds is very easy. If you have already invested with Česká spořitelna, simply remit the invested amount to the collection account number of the selected fund and indicate your MUIN (number of your investment account) as the variable symbol. A comfortable method of investing is represented by GEORGE Internetbanking.

Sale of share certificates

To sell certificates visit any branch of Česká spořitelna or use the GEORGE Internetbanking services.

For new clients

If you have not invested with Česká spořitelna, contact your personal consultant or visit any branch of Česká spořitelna, where we will be happy to answer your questions and help you choose the best investment solution. You just have to make one visit to the Česká spořitelna branch and then you may make investments without any further visits.

 
ČS list of charges for mutual funds unit trading



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 BIOTEC 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.


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 BIOTEC invests primarily in companies in the developed markets from the field of biotechnology. The fund's investment process is based on fundamental business analysis. The majority of companies in this area can be found in the United States. As a result, Pacific and European equities tend to play a subordinated role in the fund. A hedge against foreign currency risks is generally not provided, but is possible.


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.

For further information on the sustainable focus of ERSTE STOCK BIOTEC as well as on the disclosures in accordance with the Disclosure Regulation (Regulation (EU) 2019/2088) and the Taxonomy Regulation (Regulation (EU) 2020/852), please refer to the current Prospectus, section 12 and the Annex "Sustainability Principles". In deciding to invest in ERSTE STOCK BIOTEC, consideration should be given to any characteristics or objectives of the ERSTE STOCK BIOTEC as described in the Fund Documents.

Performance (2022/04/29)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf -10.33 - -13.88 -3.34 -0.79 - 10.63

Annual performance in % (2022/04/29)

Period 2017 2018 2019 2020 2021
Perf 6.62 -7.53 32.21 14.45 7.89

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.

Minimum & maximum performance in % p.a. (2022/04/29)

1Y
117.38
 
-51.90
3Y
52.56
 
-22.95
5Y
42.14
 
-9.64
10Y
21.55
 
-4.24

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 (2022/04/29)

ISINNameCurrency%FA
US0311621009AMGEN INC. DL-,0001USD9.59
US3755581036GILEAD SCIENCES DL-,001USD7.75
US75886F1075REGENERON PHARMAC.DL-,001USD7.15
US92532F1003VERTEX PHARMAC. DL-,01USD6.80
US09062X1037BIOGEN INC. DL -,0005USD4.62
US4523271090ILLUMINA INC. DL-,01USD4.19
US0463531089ASTRAZENECA DL-,25 SP.ADRUSD3.90
IE00BQPVQZ61HORIZON THERAP.PLC DL-,01USD3.44
US60770K1079MODERNA INC. DL-,0001USD2.75
US81181C1045SEAGEN INC. DL-,001USD2.25

Holdings by country (2022/04/29)

89.13 %United States of America
4.30 %United Kingdom
1.51 %France
1.20 %China
1.19 %Netherlands

Percentage holdings by sector (2022/04/29)

81.51 %Biotechnology
10.22 %Pharmaceuticals
6.56 %Life Sciences Tools & Services
1.71 %Health Care Services

Holdings by currency (2022/04/29)

97.38 %USD
2.62 %EUR



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.

Know-How

 
In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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