| 2019/11/12 | |
|---|---|
| NAV | |
| 2.6555 | |
| Difference | 1.53% (0.04) |
General attributes
| Fund type | Equity Funds |
| Investment company | Erste Asset Management GmbH, pobočka Česká republika |
| Currency | CZK |
| Type | - |
| Begin of subscription period | - |
| Inception | 2006/08/28 |
| Licenced in | CZ |
| Duration of fund | open end |
| Total assets | 15,885,803,184.00 CZK |
| Fiscal year | 01/01 - 12/31 |
| Initial charge | 3.00% |
| Management fee | 1.95% |
| Ongoing charges | 2.13% |
| Minimum investment | 300 CZK |
| Account number | 35-2001317359/0800 |
| Recommended holding period | At least 5 years |
| Investor experience | - |
| Investor tolerance | 6 (scale 1-7) |
Fund PDF download
| Prospectus |  |
| Key Investor Information Document | |
| CZ Flyer | |
| Obchodní podmínky České spořitelny pro poskytování investičních služeb - platné od 3.1.2018 | |
| CZ Monthly fund report | |
Fund annual reports
| Annual Reports | 2018/12/31 | |
| First-Half Report | 2019/06/30 | |
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 currency hedging is actively managed• Money is usually available within a week • Unique investment strategy among funds managed in the Czech Republic | • The fund is intended for experienced and dynamic investors • Objective of the fund is to deliver positive long-term performance • Due to the character of the invested assets, the value of the fund may fluctuate during the investment tenure |
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 fund is an equity mutual fund intended for dynamic investors with a long-term investment horizon. Investment objective of the fund is to deliver positive long-term performance through investments in a concentrated portfolio of equities traded in developed markets. In order to achieve this objective the fund manager applies investment strategy known as "stock picking", which is a method of active search for individual stock titles with a long-term growth potential. The share of the equity part can range from 80% to 100%.The portfolio of the fund usually represents 25 various investments ideas whose weights are usually the same. Due to the significant share of equities in the portfolio and high portfolio concentration, the investment value of the fund can fluctuate significantly in the short-term. In consideration of this investment strategy, the fund is ideal for regular investments and as a part of the equity portion of the investment portfolio. |
Performance (2019/11/07)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 14.24 | 1.58 | -2.98 | 4.65 | 5.55 | 12.04 | 7.55 |
Annual performance in % (2019/11/07)
| Period | 2014 | 2015 | 2016 | 2017 | 2018 |
| Perf | 21.82 | 8.11 | 0.65 | 15.83 | -14.40 |
Minimum & maximum performance in % p.a. (2019/11/07)
| 1Y | 149.40  |
 -65.47 | |
| 3Y | 48.43 |
-7.30 | |
| 5Y | 35.31 |
-1.05 | |
| 10Y | 20.77 |
7.22 |
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 (2019/09/30)
| ISIN | Name | Currency | %FA |
| US5018892084 | LKQ | USD | 4.87 |
| DE000TUAG000 | TUI | USD | 4.79 |
| US8760301072 | Tapestry | USD | 4.72 |
| US3448491049 | Foot Locker | USD | 4.69 |
| US5017971046 | L Brands | USD | 4.51 |
| US8036071004 | Sarepta Therapeutics | USD | 4.34 |
| US8865471085 | Tiffany | USD | 4.27 |
| US1101221083 | Bristol-Myers Squibb | USD | 4.17 |
| US78573M1045 | Sabre | USD | 4.05 |
| US5949181045 | Microsoft | USD | 4.00 |
Percentage holdings by sector (2019/09/30)
 | 21.89 % | Biotechnology |
| 20.26 % | Other |
| 11.34 % | Restaurants |
| 9.20 % | Apparel Retail |
| 7.88 % | Apparel, Accessories and Luxury |
| 7.79 % | Semiconductors |
| 7.44 % | Specialty Stores |
| 4.87 % | Distributors |
| 4.79 % | Hotels, Resorts & Cruise Lines |
| 4.54 % | Pharmaceuticals |
Holdings by currency (2019/09/30)
| 83.88 % | USD |
| 10.52 % | Ostatní evropské měny |
| 5.06 % | EUR |
| 0.54 % | 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. |
