| 2024/12/11 | |
|---|---|
| NAV | |
| 2.2356 | |
| Difference | 0.88% (0.02) |
General attributes
| Fund type | Equity Funds |
| Investment company | Erste Asset Management GmbH, pobočka Česká republika |
| Currency | CZK |
| Type | - |
| Begin of subscription period | - |
| Inception | 2017/09/26 |
| Licenced in | CZ |
| Duration of fund | open end |
| Total assets | 18,486,301,305.00 CZK |
| Fiscal year | 01/01 - 12/31 |
| Initial charge | 3.00% |
| Management fee | 0.45% |
| Ongoing charges | 0.80% |
| Minimum investment | 300 CZK |
| Recommended holding period | At least 5 years |
| Investor experience | - |
| Investor tolerance | 4 (scale 1-7) |
Fund PDF download
| Prospectus |  |
| Key Information Document (KID) | |
| Target market information non ESG | |
| Target market information ESG | |
| Obchodní podmínky České spořitelny pro poskytování invest. služeb - platné od 1.9.2024 pro smlouvy uzavřené od 1.9.2024 | |
| Obchodní podmínky České spořitelny pro poskytování invest. služeb - platné od 1.9.2023 pro smlouvy uzavřené do 31.8.2024 | |
Fund annual reports
| Annual Reports | 2023/12/31 | |
| First-Half Report | 2024/06/30 | |
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 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). | 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/tabulkaindexu. |
Secondary market
Purchase of share certificates Redemption/sale of share certificates For new clients: |
Disclaimer
| 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. |
Performance goal and investment strategy
| An equity fund intended mainly for dynamic investors with a long-term investment horizon. The aim of the investment strategy is to provide investors a long-term return by investments in a concentrated portfolio of stocks issued by companies with lower market capitalisation (so-called small caps) listed on developed stock markets of Europe and North America. The objective is achieved by an active selection of individual stocks for a long-term return (so-called “stock picking“). The fund’s portfolio usually represents at least forty different investment cases with approximately the same weight. One investment case usually means an investment in one selected stock and in some cases in more stocks. Given the significant representation of stocks in the portfolio and high concentration of the portfolio, the value of the investment may show high short-term volatility. In view of the investment strategy, the fund is suitable for regular investment and of being part of the equity component of the investment portfolio.• The differences in the expense ratios are primarily due to the absence of an incentive for PLUS share classes. Another cost driver may also be the allocation of costs specific to the share class (e.g. bank charges).The net performance of the share class is then further affected by interest income and expenses or tax. The difference in share class performance may vary for these reasons. |
Performance (2024/12/05)
| Period | YTD |
6m |
1Y (% p a) |
3Y (% p a) |
5Y (% p a) |
10Y (% p a) |
since inc. (% p a) |
| Perf | 19.92 | 12.86 | 28.41 | 6.51 | 10.73 | - | 10.99 |
Annual performance in % (2024/12/05)
| Period | 2019 | 2020 | 2021 | 2022 | 2023 |
| Perf | - | 16.89 | 19.78 | -18.10 | 18.15 |
Statistical figures (2024/10/31)
| Sharpe Ratio | - |
| Volatility in % | - |
Minimum & maximum performance in % p.a. (2024/12/05)
| 1Y | 54.68  |
 -22.21 | |
| 3Y | 13.05 |
0.77 | |
| 5Y | 10.84 |
9.86 |
Disclaimer
| 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. |
Top holdings (2024/10/31)
| Name | %FA | ||
| CONSTELLATION SOFTWARE INC | 4.21 | ||
| MARKS AND SPENCER GROUP PLC | 4.00 | ||
| INTL CONSOLIDATED AIRLINE-DI | 3.74 | ||
| KNORR-BREMSE AG | 3.70 | ||
| AGIOS PHARMACEUTICALS INC | 3.44 | ||
| ANDRITZ AG | 3.33 | ||
| TMX GROUP LTD | 3.28 | ||
| EURONEXT NV | 3.03 | ||
| BANKINTER SA | 2.96 | ||
| FINECOBANK SPA | 2.96 |
Percentage holdings by sector (2024/10/31)
 | 24.10 % | Financials |
| 19.58 % | Industrial enterprises |
| 13.91 % | Health Care |
| 11.96 % | Information Technology |
| 7.13 % | Consumer Discretionary |
| 6.91 % | Consumer Staples |
| 5.83 % | Communication Services |
| 4.56 % | Cash and Cash Equivalents |
| 3.15 % | Materials |
| 2.87 % | Energy |
Holdings by currency (2024/10/31)
| 50.47 % | USD |
| 25.23 % | EUR |
| 10.79 % | CAD |
| 7.74 % | GBP |
| 4.56 % | CZK |
| 1.14 % | SEK |
| 0.09 % | NOK |
Disclaimer
| 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. |
