| 2021/02/26 | |
|---|---|
| NAV | |
| 1.0284 | |
| Difference | -0.01% (-0.00) |
General attributes
| Fund type | Short-Term Bond Funds |
| Investment company | Erste Asset Management GmbH, pobočka Česká republika |
| Currency | CZK |
| Type | - |
| Begin of subscription period | - |
| Inception | 2009/09/02 |
| Licenced in | CZ |
| Duration of fund | open end |
| Total assets | 1,704,591,725.00 CZK |
| Fiscal year | 01/01 - 12/31 |
| Initial charge | 0.10% |
| Management fee | 0.06% |
| Ongoing charges | 0.14% |
| Minimum investment | 300 CZK |
| Account number | 3928162/0800 |
| Recommended holding period | At least 6 months |
| Investor experience | - |
| Investor tolerance | 1 (scale 1-7) |
Fund PDF download
| Prospectus |  |
| Key Investor Information Document | |
| Obchodní podmínky České spořitelny pro poskytování investičních služeb | |
Fund annual reports
| Annual Reports | 2019/12/31 | |
| First-Half Report | 2020/06/30 | |
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 fund bears a low interest and a minimum credit risks, without any exchange rate and stock risks• quick liquidity: If need be, you may get your money back at any time (normally within 3 working days)• expertise: Professional administration of your invested money• possibility of one-off or regular investment• access to capital markets for small investors• low transaction costs: Flexible asset management in a sufficient volume | • fund assets are distributed among deposits, government T-bills, government bonds bearing fixed interest with maturity up to 4 year and bank deposits a reverse repo operatons • the recommended investment horizon is 6 months |
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 term deposits bearing lower interest in the long term with the knowledge that in comparison with term deposits, they can terminate their investment at any time without penalties. It is mainly intended for conservative investors who wish to appreciate their money at the highest rate of reliability, to minimize the investment fluctuation, and to maintain the asset value. The goal is achieved by exposure to the Czech Republic and domestic banks and by the limitation of maturity of instruments (low interest and credit risk, absence of currency and equity risk). |
Performance (2021/02/25)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | -0.21 | -0.19 | 0.69 | 0.81 | 0.23 | 0.14 | 0.24 |
Annual performance in % (2021/02/25)
| Period | 2016 | 2017 | 2018 | 2019 | 2020 |
| Perf | -0.48 | -0.80 | 0.23 | 1.33 | 1.03 |
Funds ratio of bonds (2021/01/31)
| Average Yield | - |
| Average time to maturity | 0.56 years |
| Duration in years | - |
| Modified duration | - |
Minimum & maximum performance in % p.a. (2021/02/25)
| 1Y | 1.91  |
 -0.84 | |
| 3Y | 0.88 |
-0.55 | |
| 5Y | 0.42 |
-0.40 | |
| 10Y | 0.22 |
0.14 |
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 (2021/01/31)
| ISIN | Name | Currency | %FA |
| CZ0001005367 | CZECH REP. 0,75/21 | CZK | 17.17 |
| CZ0001005029 | CZECH REP. 0,00/22 | CZK | 11.80 |
| CZ0001003123 | CZECH REP. VAR/23 | CZK | 9.18 |
| CZ0001002851 | CZECH REP. 3,85/21 | CZK | 4.92 |
| CZ0001004600 | CZECH REP. 0,45/23 | CZK | 4.74 |
| CZ0001005938 | 22603813 CZECH REP. T-BILL | CZK | 4.14 |
| CZ0001001945 | CZECH REP. 4,7/22 | CZK | 3.22 |
Holdings by country (2021/01/31)
 | 100.00 % | Czech Republic |
Percentage asset types (2021/01/31)
| 41.90 % | Government bonds - fixed coupon |
| 23.60 % | Reverzní repo operace / Reverse repurchase operations |
| 21.20 % | Cash and deposits |
| 9.20 % | Government floater |
| 4.10 % | Treasury Bills |
Holdings by currency (2021/01/31)
| 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. |
