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Fond řízených výnosů OPF


Conservative balanced fund with up to 25% of the equitites; yield management strategies aimed at a positive value

ISIN:
CZ0008472255

2019/12/05
NAV
1.3488
Difference 0.01% (0.00)

General attributes

Fund typeFlexible Balanced Funds
Investment companyErste Asset Management GmbH, pobočka Česká republika
CurrencyCZK
Type-
Begin of subscription period-
Inception1999/06/14
Licenced inCZ
Duration of fundopen end
Total assets289,620,537.00 CZK
Fiscal year01/01 - 12/31
Initial charge1.00%
Management fee1.30%
Ongoing charges1.48%
Minimum investment300 CZK
Account number35-2000668309/0800
Recommended holding periodAt least 3 years
Investor experience-
Investor tolerance3 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
CZ Quarterly fund reportPDF Download
Obchodní podmínky České spořitelny pro poskytování investičních služebPDF Download

Fund annual reports

Annual Reports2018/12/31PDF Download
First-Half Report2019/06/30PDF 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
• Clients eliminates the headache of managing its portfolio of funded• It is designed for clients who seek long-term and comprehensive solution to your investment portfolio in one single investment product• Availability of funds usually within one week• Access to capital markets, investment is 300 CZK• Broad diversification in multiple asset classes helps reduce investment risk • Due to the nature of the investment value of the share certificate for the duration of the investment may fluctuate• The currency hedging is actively managed• PL purchased by the current exchange rate of the next working day after funds are credited to the account of the fund

Secondary market

Purchase of share certificates
You need to conclude an Investment Services Agreement to invest in the open-end mutual funds. Then you just need to remit the invested amount to the collection account number of the selected fund and indicate the Asset Account number as the variable symbol (stated in the Investment Services Agreement). It is more convenient to use a regular investment order for regular investments (e.g. via internetbanking) because you can get a discount (the terms and conditions are shown in the Price List). The internetbanking allows you to continuously follow the trend in your investments.

Redemption/sale of share certificates
To redeem share certificates, please visit any branch of Česká spořitelna or use the services of our internetbanking.

For new clients:
If you have not invested with Česká spořitelna yet, contact your personal advisor or come to any branch of Česká spořitelna, or use the free phone line 800 468 378, where we will gladly answer your questions and help you to choose the most convenient investment solution.

 
ČS list of charges for mutual funds unit trading





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 performance objective of the fund is to exceed the yields on government bonds of the Czech Republic through combined investments in money market instruments and a small share of stocks. It is a mixed open share fund which is primarily intended for conservative investors with a medium-term up to long-term investment horizon. It is an optimum solution for all careful investors who would like to take part in the development of stock markets with effective reduction of the impact of their possible fall. The fund implements such an investment strategy so that it will achieve positive appreciation within a calendar year. The share of the value of stocks, securities of foreign collective investment entities investing in stocks and investment certificates of stock open share funds is 25% of the fund asset value at the most. The portfolio management technology is drawn up in such a way that their share in assets would decrease in case the prices of stocks in the fund portfolio fall. Therefore the fond investment can continue even without the stock part till the end of the calendar year, or till the value of the investment certificate reaches the value it had at the beginning of the calendar year in which the stocks fell. The manager can also buy medium-term bonds into the fund assets, in particular with a floating interest yield.

Performance (2019/12/05)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 0.33 0.21 0.20 -1.08 -0.91 -0.22 1.47

Annual performance in % (2019/12/05)

Period 2014 2015 2016 2017 2018
Perf -0.24 -0.89 -0.31 -2.09 -1.47

Performance Calculator

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

Minimum & maximum performance in % p.a. (2019/12/05)

1Y
11.81
 
-4.94
3Y
7.35
 
-1.72
5Y
4.70
 
-1.04
10Y
3.01
 
-0.23

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 (2019/10/31)

ISINNameCurrency%FA
CZ0001005706CZECH REP. 0,00/21EUR13.21
CZ0008473188EAM LIKVIDITNI FONDCZK7.62
CZ0001001317CZECH REP. 3,75/20CZK7.04
CZ0001004113CZECH REP. VAR/20CZK6.94
ES00000126C0BONOS Y OBLIG 1,4/20EUR4.39
DE0001141711BUNDESREP. GERMANY 0,00/20EUR4.38
CZ0001003123CZECH REP. VAR/23CZK3.62
CZ0001005367CZECH REP. 0,75/21CZK3.42
CZ0001005011CZECH REP. 0/20CZK3.41
ES00000128B8BONOS Y OBLIG 0,75/21EUR2.68

Holdings by country (2019/10/31)

71.09 %Czech Republic
11.67 %Spain
5.69 %France
4.38 %Germany
3.60 %United Kingdom
1.79 %Netherlands
1.78 %USA

Percentage holdings by rating (2019/10/31)

53.33 %Aa
28.73 %A
13.56 %Baa
4.38 %Aaa

Percentage asset types (2019/10/31)

57.70 %Fixed Coupon Bonds
13.74 %Deposits a Treasury bills
10.56 %Floating Coupon Bonds
10.27 %Reverse repurchase operations
7.62 %Mutual Fund shares
0.11 %Equities

Holdings by currency (2019/10/31)

100.00 %CZK



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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Performance overview table

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Contact

 
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