Look for:

Our offer for

Stock Small Caps

An actively managed stock fund designed for companies with lower market capitalisation, so-called Small Caps, traded on developed stock markets

ISIN:
CZ0008475043

2019/02/18
NAV
1.2614
Difference 0.24% (0.00)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH, pobočka Česká republika
CurrencyCZK
Type-
Begin of subscription period-
Inception2017/05/02
Licenced inCZ
Duration of fundopen end
Total assets5,268,465,334.00 CZK
Fiscal year01/01 - 12/31
Initial charge3.00%
Management fee1.80%
Ongoing charges2.00%
Minimum investment300 CZK
Account number7333342/0800
Recommended holding periodAt least 5 years
Investor experience-
Investor tolerance5 (scale 1-7)

Fund PDF download

ProspectusPDF Download
Key Investor Information DocumentPDF Download
CZ Flyer PDF Download
Monthly fund reportPDF Download
Obchodní podmínky České spořitelny pro poskytování investičních služeb - platné od 3.1.2018PDF 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
• A unique investment strategy focused on smaller companies• The possibility of investing into developed stock markets in Europe and North America• Availability of funds usually within one week• An actively managed currency risk• A discount in the fee for procuring the purchase of investment certificates during regular investment • Designed for experienced and dynamic investors looking to appreciate their investments on stock markets within a horizon of 5 years and more• In view of the character of the investments, the value of an investment certificate may vary for the duration of the investment• Investments in stock of so-called small cap companies are usually a greater risk than investments into the stock of big companies.• The mutual fund carries a currency risk arising from investments into local currencies. This risk is actively managed using available hedging instruments.

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

This is a stock open-end mutual fund designed for dynamic investors with a long-term investment horizon. The objective of the investment strategy is to provide holders with long-term appreciation of investment certificates through investments into a concentrated portfolio of shares issued by companies with lower market capitalisation (so-called Small Caps) traded on developed stock markets in Europe and North America. The objective is attained by the active choice of individual shares for long-term appreciation (so-called Stock-picking). The fund’s portfolio normally represents at least forty various investment ideas with about the same weight. One investment idea normally means investment into one selected share, and in some cases also into more shares. The risk arising from investments into local currencies is actively managed using available hedging instruments. In view of the significant representation of shares in the portfolio and the high concentration of the portfolio, the value of an investment can show a high short-term variability. In view of the investment strategy the fund is suitable for regular investment and as a proportion of the stock part of the investment portfolio.

Performance (2019/02/14)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 12.34 -1.37 13.29 - - - 13.44

Annual performance in % (2019/02/14)

Period 2014 2015 2016 2017 2018
Perf - - - - 0.94

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.

Minimum & maximum performance in % p.a. (2019/02/14)

1Y
30.72
 
-1.17

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 (2019/01/31)

ISINNameCurrency%FA
US94419L1017WAYFAIR INC- CLASS AUSD3.26
US0235861004AMERCOUSD3.11
CA21037X1006CONSTELLATION SOFTWARE INCCAD3.10
US29530P1021ERIE INDEMNITY COMPANY-CL AUSD2.98
GRS282183003JUMBO SAEUR2.82
CA87262K1057TMX GROUP LTDCAD2.77
GB00B1V9NW54HILTON FOOD GROUP PLCGBP2.70
BMG4593F1389HISCOX LTDGBP2.65
GB00BFWK4V16SSP GROUP PLC BGBP2.62
NL0000313286AMSTERDAM COMMODITIES NVEUR2.53

Percentage holdings by sector (2019/01/31)

19.09 %Consumer Discretionary
18.71 %Financials
15.83 %Industrial enterprises
14.94 %Health Care
12.06 %Information Technology
9.58 %Cash and Cash Equivalents
7.61 %Consumer Staples
2.18 %Materials

Holdings by currency (2019/01/31)

50.96 %USD
16.71 %EUR
10.36 %GBP
9.58 %CZK
7.86 %CAD
2.49 %NZD
2.04 %NOK



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.

Find a branch...

Buy securities directly in a branch of Česká spořitelna.

SERVIS24 Internetbanking...

Easy operate of your investment from the comfort of your home.

SERVIS24 Internetbanking...

Easy operate of your investment from the comfort of your home.

Fund chart analyzer

Compare the historical performance of mutual funds.

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.

Performance overview table

Performance of mutual funds for various time periods with weekly updates.

Contact

 
Do you have any further questions which are not covered in our know-how area? Please ask directly our product specialists via our contact form.




Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer