| 2024/12/06 | |
|---|---|
| NAV | |
| 103.8300 | |
| Difference | -0.07% (-0.07) |
General attributes
| Fund type | Flexible-Term Bond Funds |
| Investment company | Erste Asset Management GmbH |
| Currency | CZK |
| Type | VT |
| Begin of subscription period | - |
| Inception | 2020/09/28 |
| Licenced in | AT,CZ |
| Duration of fund | open end |
| Total assets | 312,706,207.59 CZK |
| Fiscal year | 04/01 - 03/31 |
| Initial charge | 1.00% |
| Management fee | 0.60% |
| Ongoing charges | 0.84% |
| 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 | |
| Target market information | |
Fund annual reports
| Annual Reports | 2023/03/31 | |
| First-Half Report | 2024/09/30 | |
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 |
| Investment in selected bonds of sustainable (ethical) issuers. An ethics advisory board regularly reviews sustainability. Gains are possible when interest rates fall. | Rising interest rates can quickly lead to price declines. The investor bears the issuer risk of the participating companies. A change in the credit rating of individual companies and countries can have an effect on the net asset value of the fund (losses). Loss of capital is possible. Since the feeder fund predominantly invests in the master fund, the performance of the feeder fund depends significantly on the performance of the master fund. Other risks that may be of significance for the feeder fund are, in particular, credit and counterparty risk, liquidity risk, custody risk, derivative risk and operational risk. Comprehensive information on the risks of the feeder 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. |
| The Investment Fund will permanently invest at least 85% of its assets in shares of ERSTE RESPONSIBLE BOND (master fund). |
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
| The ERSTE RESPONSIBLE BOND (CZK) serves as a feeder fund for the ERSTE RESPONSIBLE BOND fund (master fund). Foreign exchange risks of the master fund are hedged within the feeder fund against the Czech crown. The master fund is a euro bond fund whose investment universe is based on ethically sustainable criteria. The fund invests primarily in government bonds, government-related and supranational issuers, corporate bonds, bonds from financial service providers, "Pfandbriefe" and special sustainable bond issues. Investments in bonds of companies and countries, that are pioneers in terms of ecological, social and governance aspects. This also takes into account ethical aspects (holistic ESG approach). |
Performance (2024/10/31)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 3.20 | - | 8.96 | 1.27 | - | - | 0.52 |
Annual performance in % (2024/10/31)
| Period | 2019 | 2020 | 2021 | 2022 | 2023 |
| Perf | - | - | -2.52 | -8.38 | 10.10 |
Funds ratio of bonds (2024/10/31)
| Average Yield | 3.22 % |
| Average time to maturity | 6.55 years |
| Duration in years | 5.33 years |
| Modified duration | 5.17 % |
Statistical figures (2024/10/31)
| Sharpe Ratio | - |
| Volatility in % | 6.05 |
Other funds certificates
| Type | ISIN | Currency | NAV Date NAV |
Initial Charge |
| VT. | AT0000A2J439 | CZK | 103.8900 2024/12/06 |
1.00% |
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 (2024/10/31)
 | 15.67 % | France |
| 11.98 % | Italy |
| 10.53 % | Austria |
| 8.98 % | Germany |
| 6.66 % | United Kingdom |
| 6.38 % | Netherlands |
| 5.04 % | Sweden |
| 4.91 % | Spain |
| 4.53 % | United States of America |
| 2.60 % | Canada |
Percentage holdings by rating (2024/10/31)
 | 31.71 % | BBB |
| 26.60 % | A |
| 22.05 % | AA |
| 18.44 % | AAA |
| 1.20 % | NR |
Percentage securities type (2024/10/31)
 | 31.33 % | Government/Government guaranteed |
| 31.28 % | Corporate investment grade |
| 21.76 % | Investment grade credit institutions |
| 14.07 % | Covered bonds |
| 1.56 % | Supranational |
Holdings by currency (2024/10/31)
| 98.45 % | CZK |
| 1.55 % | EUR |
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. |
