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ERSTE DLUHOPISOVY FOND PERSPEKTIVNICH TRHU 20 VT


Maturity fund with corporate bonds until 11.05.2020

ISIN:
AT0000A1DD89

2019/11/13
NAV
102.0000
Difference -0.02% (-0.02)

General attributes

Fund typeFlexible-Term Bond Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2015/05/11
Licenced inAT,CZ
Duration of fund2020/05/12
Total assets220,250,165.53 CZK
Fiscal year02/01 - 01/31
Initial charge0.00%
Management fee0.70%
Ongoing charges0.93%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance3 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
CZ DisclaimerPDF Download

Fund annual reports

Annual Reports2019/01/31PDF Download
First-Half Report2019/07/31PDF 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
Fixed manageable term of 5 years. Default risk is spread across many issuers. Investment in different sectors and countries. Experts in charge of bond selection. Credit ratings may deteriorate (the share of high yield bonds may increase). Bonds may default (issuer risk). The fund price may fall during or at the end of the fund maturity below 100.-EUR per unit. 2% redemption fee in case of redemption of shares before the maturity of the fund. The investment income tax burden depends on the amount of income in the fund assets that is subject to the investment income tax, not on the actual payouts.

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 SERVIS24 Internetbanking.

Sale of share certificates

To sell certificates visit any branch of Česká spořitelna or use the SERVIS24 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

ERSTE DLUHOPISOVY FOND PERSPEKTIVNICH TRHU 2020 may make significant investments in demand deposits or time deposits with a maximum maturity of 12 months pursuant to section 72 of the 2011 Austrian Investment Fund Act.


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 <> is a maturity fund until 11.05.2020 that invests in a portfolio of about 70–80 corporate bonds from the investment grade and high yield segment. Following the initial investment, the portfolio is analysed on an ongoing basis. Bonds are generally not replaced in case of a rating change, the securities are instead held in the portfolio until they mature. We reserve the right to make changes to the portfolio in extraordinary situations. The payment of the liquidation proceed begins after receipt of the liquidation report (annual report) about 2 weeks after the maturity date.

Performance (2019/10/31)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 3.24 - 3.08 0.42 - - 0.41

Annual performance in % (2019/10/31)

Period 2014 2015 2016 2017 2018
Perf - - 9.74 1.69 -3.82

Funds ratio of bonds (-)

Average Yield4.25 %
Average time to maturity1.25 years
Duration in years1.17 years
Modified duration1.15 %

Performance Calculator

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

Minimum & maximum performance in % p.a. (2019/10/31)

1Y
13.63
 
-4.49
3Y
3.61
 
0.18

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 region (2019/10/31)

35.98 %Asian emerging markets
31.88 %Latin America
14.89 %Eastern Europe & CIS
13.62 %Middle East & Africa
3.63 %Supranational

Percentage securities type (2019/10/31)

34.30 %Corporate investment grade
32.09 %Corporate non-investment grade
17.22 %Investment grade credit institutions
8.70 %Government/Government guaranteed
7.69 %Non-investment grade credit institutions



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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Fund chart analyzer

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Performance Calculator

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Performance overview table

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Contact

 
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