Sporobond

Mostly Czech government bonds and investment grade corporate bonds
ISIN: CZ0008472263  

 
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 in the long term. It is an open bond share fund with a medium-term recommended investment period. The fund is ideal for investors who do not wish to invest in stocks, but the yields on monetary funds or term deposits are not satisfactory for them. The fund is actively managed, which means that the fund manager can use short-term market opportunities as well and thus manage the credit risk flexibly. Significant sources of the fund income are mainly interest yields on debt instruments. The fund buys mostly medium-term government bonds and secondarily quality corporate bonds at the investment level.
 
Performance (2019/12/05)
Period
YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 4.18 1.84 4.35 0.47 0.75 2.75 3.94
Annual performance in % (2019/12/05)
Period 2014 2015 2016 2017 2018
Perf 6.38 1.01 1.30 -2.24 -0.79
Statistical figures (2019/10/31)
Average time to maturity5.07
Average Yield1.64
Duration in years4.14
Modified duration4.07
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Minimum & maximum performance in % p.a. (2019/12/05)
1Y
18.51
-6.56
3Y
10.00
-2.09
5Y
8.61
0.26
10Y
5.32
2.48
 
 
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.