2024/10/11 | |
---|---|
NAV | |
1.6302 | |
Difference | 0.02% (0.00) |
Fund type | Medium-Term Bond 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 | 8,032,272,033.00 CZK |
Fiscal year | 01/01 - 12/31 |
Initial charge | 1.00% |
Management fee | 1.20% |
Ongoing charges | 1.55% |
Minimum investment | 300 CZK |
Recommended holding period | At least 3 years |
Investor experience | - |
Investor tolerance | 2 (scale 1-7) |
Advantages | Details you should be aware of |
• The fund optimally distributes the assets in many titles, which significantly reduces market risks. • Professional fund management – experienced portfolio manager looks for the best investment opportunities on the market, with the background of analysts from the strong financial group - Erste Asset Management. • Actively managed currency hedging. • For regular investments, a discount on the fee for the purchase of share certificates.Fast availability of funds (usually within a week). | 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. • The client's compatibility with the product's target market will be evaluated during the purchase process.
• The value of the share certificate may fluctuate significantly during the investment duration, and therefore the return of the originally invested amount is not guaranteed. • Be aware of the risk of inflation. Investors should be aware that the fair value of the investment, including any real yield, may fall with regard to how the inflation reduces its value. • Risks that may be significant for the fund are mainly: market risk of changes in the value of securities, interest rate risk, credit risk, currency risk and liquidity risk. Full information on the fund's risks can be found in the prospectus or in the Key information document (KID). • Investors should not base their investment decision solely on the information provided here as they may fall outside the target market or in a negative target market of this product and this product may not be suitable for all investors. • Index table: www.erste-am.cz/tabulkaindexuIndex table: www.erste-am.cz/tabulkaindexu |
Purchase of share certificates Redemption/sale of share certificates For new clients: |
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. |
The fund’s performance objective is to significantly outperform Czech government bonds yields in the long term by investments in higher risk corporate bonds. This is an open-ended mutual bond fund with a medium to long-term recommended investment period. The fund is suitable for investors looking for a higher return on bond markets and accept shorter term more significant exchange rate fluctuations. The aim is to achieve an excess yield mainly thanks to investments in corporate bonds at a speculative level (so-called High Yield), which provide a higher yield than government bonds or corporate bonds at an investment level while accepting increased risk. The fund invests on global markets, typically investing in issuers from countries of Western, Central and Eastern Europe, and maintains overall average portfolio duration of less than 5 years. A careful selection of equity titles is preceded by a detailed analysis, while each selected title is continuously evaluated in terms of the portfolio’s credit quality and probability that bond issuers will honour their obligations. The fund is managed actively, which means that the fund manager can also make use of short-term market opportunities and thus manage interest risk flexibly. |
Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
Perf | 3.35 | 3.03 | 8.97 | 3.14 | 2.34 | 2.49 | 2.73 |
Period | 2019 | 2020 | 2021 | 2022 | 2023 |
Perf | 8.77 | -0.45 | 1.30 | -5.86 | 12.78 |
Average Yield | 4.83 % |
Average time to maturity | 2.80 years |
Duration in years | 2.48 years |
Modified duration | 2.39 % |
Sharpe Ratio | 1.30 |
Volatility in % | 2.00 |
1Y | 69.11 |
-35.61 | |
3Y | 18.52 |
-3.55 | |
5Y | 14.91 |
-1.23 | |
10Y | 8.08 |
1.06 |
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. |
Name | %FA | ||
TELEFONICA 3,875/PERP. | 2.62 | ||
ZIGGO 3,375/30 | 2.10 | ||
VIRGIN MEDIA 3,75/30 | 1.83 | ||
NIDDA HEALTHCARE 7,5/26 | 1.69 | ||
LOXAM 6,375/29 | 1.69 | ||
ORSTED 5,125/24-29 | 1.68 | ||
ALLWYN 7,25/30 | 1.67 | ||
VERISURE 5,25/29 | 1.66 | ||
LORCA TELECOM 4/27 | 1.66 | ||
UNITED GROUP 5,25/30 | 1.57 |
17.34 % | France | |
15.35 % | Česká republika (vč. depozit) | |
11.29 % | United Kingdom | |
10.95 % | Netherlands | |
9.37 % | Italy | |
9.33 % | Germany | |
8.09 % | Other | |
7.21 % | Spain | |
6.55 % | Švédsko | |
4.53 % | Luxembourg |
48.85 % | Ba | |
19.00 % | Baa | |
17.86 % | B | |
14.25 % | A | |
0.04 % | Caa-C |
100.00 % | CZK |
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. |
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