Government bonds of Central and Eastern Europe
ISIN: CZ0008472297  

Performance goal and investment strategy
The performance objective of the fund is to exceed the yields on government bonds of the Czech Republic through investments in bonds of neighbouring countries 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 look for a higher yield than as offered by domestic bond funds. The fund endeavours to achieve surplus yield thanks to ongoing convergence of interest rates of Central European markets and the EU Economic and Monetary Union. 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. The fund buys mainly government bonds of candidate and member countries of the European Union. The fund is partially currency hedged, and investment in the fund is connected with interest and currency risks.
Performance (2020/07/02)
(% p a)
(% p a)
(% p a)
(% p a)
since inc.
(% p a)
Perf 2.46 2.46 4.00 -1.20 -1.55 0.69 1.40
Annual performance in % (2020/07/02)
Period 2015 2016 2017 2018 2019
Perf -4.34 -2.64 -4.63 -5.72 3.80
Statistical figures (2020/05/31)
Average time to maturity4.95
Average Yield1.76
Duration in years4.56
Modified duration4.48
Minimum & maximum performance in % p.a. (2020/07/02)
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.