| 2023/11/29 | |
|---|---|
| NAV | |
| 1.2677 | |
| Difference | 0.11% (0.00) |
General attributes
| Fund type | Defensive Balanced Funds |
| Investment company | Erste Asset Management GmbH, pobočka Česká republika |
| Currency | CZK |
| Type | - |
| Begin of subscription period | - |
| Inception | 2005/06/01 |
| Licenced in | CZ |
| Duration of fund | open end |
| Total assets | 13,599,899,136.00 CZK |
| Fiscal year | 01/01 - 12/31 |
| Initial charge | 1.00% |
| Management fee | 0.65% |
| Ongoing charges | 1.04% |
| Minimum investment | 300 CZK |
| Account number | 35-2001269369/0800 |
| Recommended holding period | At least 3 years |
| Investor experience | - |
| Investor tolerance | 2 (scale 1-7) |
Fund PDF download
| Prospectus |  |
| Key Information Document (KID) | |
| CZ Flyer Smíšené fondy | |
| CZ Flyer Konzervativní mix | |
| CZ Monthly fund report | |
| Obchodní podmínky České spořitelny pro poskytování investičních služeb | |
Fund annual reports
| Annual Reports | 2022/12/31 | |
| First-Half Report | 2023/06/30 | |
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 |
| • The possibility to have up to a 15%-share of stock instruments in the portfolio increases the fund long-term potential• Portfolio diversification into several asset classes by one investment• The currency hedging is actively managed• Ideal for regular investments | Please note that the target market of this investment instrument is listed below. If you do not meet any of the listed parameters, you may be outside the specified target market! The target market defines the set of investors (retail clients) for whom the investment product is intended. This investment product is intended for investors who: • have sufficient knowledge and/or experience regarding mutual funds. • seek investment profit • are able to accept a level of risk that is in accordance with the risk indicator of the product specified in General attributes. • In the event of an unfavorable development of the investment, they are able to bear the possible loss, which is ilustrated by performance scenarios, see Key Information Document (KID). • are interested in investing within the recommended investment period specified in General attributes. • This fund is not intended for investors (negative product target market) who are unable to bear the possible loss of invested funds in the event of an unfavorable development of the investment. • Growing interests may result in a short-term decline in price• Stock prices may fluctuate considerably• The fund is actively managed, i.e. its turnover can be high• Money is normally available within a week• Minimum investment CZK 300 • |
Secondary market
Purchase of share certificates Redemption/sale of share certificates For new clients: |
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 the government bonds of the Czech Republic through combined investments in low-risk bonds and a small share of stocks. It is a mixed open share funds fund with a medium-term recommended investment period. The fund buys investment certificates of open share funds. Its conservative mixed strategy combines money market instruments and bond instruments, the yield potential is given by the stock part of the portfolio whose neutral weight is 10%. the share of the portfolio stock part is actively managed, and its regional and sector composition is actively managed as well. The currency hedging is actively managed. |
Performance (2023/11/23)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 5.96 | 3.00 | 5.80 | 1.44 | 2.15 | 1.44 | 1.28 |
Annual performance in % (2023/11/23)
| Period | 2018 | 2019 | 2020 | 2021 | 2022 |
| Perf | -2.62 | 5.65 | 2.16 | 0.45 | -2.55 |
Statistical figures (2023/10/31)
| Sharpe Ratio | - |
| Volatility in % | - |
Minimum & maximum performance in % p.a. (2023/11/23)
| 1Y | 19.44  |
 -18.35 | |
| 3Y | 7.43 |
-6.31 | |
| 5Y | 5.80 |
-0.67 | |
| 10Y | 3.32 |
0.79 |
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 (2023/10/31)
| ISIN | Name | Currency | %FA |
| CZ0008474863 | FOND STATNICH DLUHOPISU | CZK | 8.08 |
| AT0000A0K282 | XT BOND EUR-T | EUR | 7.96 |
| AT0000A1YRN5 | ERSTE BOND EURO CORP. EUR DPM C | EUR | 7.07 |
| CZ0008475225 | SPOROINVEST CZK DPM C | CZK | 5.24 |
| CZ0008475233 | SPOROBOND CZK DPM C | CZK | 4.17 |
| AT0000A1YRA2 | ERSTE BOND DOLLAR | USD | 4.10 |
| AT0000658968 | ERSTE BOND EURO-CORPORATE (VT) | EUR | 3.16 |
| LU2201853038 | GS ASIA HIGH YLD B-I USD ACC | USD | 2.52 |
| CZ0008473188 | LIKVIDITNI FOND | CZK | 2.31 |
| CZ0008473659 | DLUHOPISOVY FOND | CZK | 2.29 |
Percentage holdings by region (2023/10/31)
 | 90.40 % | Other (Bonds, Money Market, Alternative Investments) |
| 6.20 % | American Equities |
| 2.00 % | European Equities |
| 1.00 % | Asia and Emerging Markets Equities |
| 0.40 % | Japan Equities |
Percentage asset types (2023/10/31)
| 40.70 % | Government Bonds |
| 26.10 % | Money Market (incl. Depo) |
| 21.10 % | Other bonds |
| 9.60 % | Equity Markets (incl. ETF...) |
| 2.50 % | Alternative Investments |
Holdings by currency (2023/10/31)
| 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. |
