ČS korporátní dluhopisový

Corporate bonds of investment and speculative grade of Central and Eastern European companies with the actively managed currency hedging.
ISIN: CZ0008472230  

 
Performance goal and investment strategy
The performance objective of the fund is to exceed the yields on medium-term government bonds of the Czech Republic through investments in corporate bonds in the long term. It is an open bond share fund with a medium-term recommended investment period. The fund is intended for investors who wish to achieve high appreciation among bond funds. It endeavours to achieve a surplus yield primarily thanks to investments in corporate bonds at the investment level and at the speculative level which offer a higher yield than government bonds with increased risk. The fund is actively managed, which means that the fund manager can use short-term market opportunities as well. Significant sources of the fund income are mainly interest yields on debt instruments. All bonds must be traded on European or American stock exchanges where high transparency of the business management of issuers is required. The currency hedging is actively managed. The fund bears credit and interest risks.
 
Performance (2019/11/28)
Period
YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 7.75 4.89 8.80 1.52 1.97 2.41 2.58
Annual performance in % (2019/11/28)
Period 2014 2015 2016 2017 2018
Perf -7.79 8.41 2.63 1.24 -4.46
Statistical figures (2019/10/31)
Average time to maturity2.93
Average Yield3.11
Duration in years2.67
Modified duration2.59
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Minimum & maximum performance in % p.a. (2019/11/28)
1Y
47.41
-27.10
3Y
16.29
-9.16
5Y
11.26
-2.61
10Y
5.58
1.61
 
 
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.