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Fond život. cyklu 2020 FF


Balanced fund with shrinking share of equities at the time of the fully conservative fund in 2020

ISIN:
CZ0008472735

2019/11/12
NAV
1.0751
Difference 0.02% (0.00)

General attributes

Fund typeFlexible Balanced Funds
Investment companyErste Asset Management GmbH, pobočka Česká republika
CurrencyCZK
Type-
Begin of subscription period-
Inception2007/09/03
Licenced inCZ
Duration of fundopen end
Total assets179,387,776.00 CZK
Fiscal year01/01 - 12/31
Initial charge1.00%
Management fee0.45%
Ongoing charges0.74%
Minimum investment300 CZK
Account number35-2001370379/0800
Recommended holding periodAt least 5 years
Investor experience-
Investor tolerance3 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
CZ Flyer FŽCPDF Download
CZ Monthly fund reportPDF Download
Obchodní podmínky České spořitelny pro poskytování investičních služeb - platné od 3.1.2018PDF 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
• The fund is an additional alternative to a superannuation scheme• Undoubtedly ideal investment for regular investments• The fund is actively managed• The currency risk is actively managed• Money is usually available within a week• Your minimum investment in ČS fond životního cyklu is CZK 300 • The value of investment in the share fund may fluctuate during the investment period• At retirement, you can ask for the payout of all your investment or for sending a regular amount

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 bonds through combined investments in bonds and stocks in the long term. It is an open share fund with an optimized investment strategy adjusted to the long-term investment horizon. It is intended for investors who plan to use their money around the year 2020. The strategy uses the growth potential of stock markets, by which an attractive yield can be achieved. Thanks to life cycle funds, the investor can secure his/her future financial needs, for example at retirement. The fund modifies the portfolio composition with the approaching investment (fund) end date. At the fund beginning, investments are made into dynamic assets – stocks which, however, bring historically highest yields in the long term. The stock part is invested through index stock funds (of ETF type), which leads to a very broad portfolio diversification and cost saving. The currency risk is actively managed. The asset distribution will gradually become more conservative during the fund life with the approaching target date (for example the expected retirement date). At the end of the investment, investments will only be made into most conservative assets – solely in money market instruments.

Performance (2019/11/07)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 2.65 1.40 1.83 0.95 0.57 2.52 0.60

Annual performance in % (2019/11/07)

Period 2014 2015 2016 2017 2018
Perf 4.06 -1.14 1.68 0.86 -1.29

Performance Calculator

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Minimum & maximum performance in % p.a. (2019/11/07)

1Y
42.63
 
-35.98
3Y
14.28
 
-5.65
5Y
10.79
 
-2.02
10Y
5.77
 
0.34

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)

ISINNameCurrency%FA
CZ0008475225SPOROINVEST CZK DPM CCZK19.02
CZ0008473188LIKVIDITNI FONDCZK18.65
CZ0001004113GOVERNMENT BOND VAR 12/09/20CZK16.32
CZ0008474863FOND STATNICH DLUHOPISUCZK3.17
LU0113258742SCHRODER INTL EURO CORP-CACEUR3.04
CZ0008475233SPOROBOND CZK DPM CCZK2.28
LU0248041781JPMORGAN F-AMERICA EQTY-IACCUSD2.05
-S & P 500 E-MINI CMEDEC19USD1.90
LU0907928062DPAM L- BONDS EMK SUTAINAB-FEUR1.53
-DJ EURO STOXX 50 FUTURESDEC19EUR0.99

Percentage holdings by region (2019/09/30)

93.70 %Others (Bonds, Money Market, Commodity)
3.70 %American Equities
1.90 %European Equities
0.70 %Asia and Emerging Markets Equities

Percentage asset types (2019/09/30)

94.00 %Bonds and Money Market
6.00 %Equity Markets

Holdings by currency (2019/09/30)

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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Contact

 
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