Trendbond

Bond fund investing mainly in government bonds of Central and Eastern European countries.

Performance goal and investment strategy
The fund’s performance objective is to outperform Czech government bond yields in the long term by investments in bonds of neighbouring countries. This is an open-ended mutual bond fund with a medium to long-term recommended investment period. The fund is suitable for investors looking for a higher yield than that offered by domestic bond funds. The aim is to achieve an excess yield thanks to the ongoing convergence of interest rates of Central European markets and the European Monetary Union. The fund is managed actively, which means that the fund manager can also make use of short-term market opportunities. The key source of the fund’s income is mainly interest yields from debt instruments. The fund mainly buys government bonds of European Union candidate and member countries. The fund is only partly secured in monetary terms and investing in it is primarily associated with interest and currency risk.

Performance goal and investment strategy

The fund’s performance objective is to outperform Czech government bond yields in the long term by investments in bonds of neighbouring countries. This is an open-ended mutual bond fund with a medium to long-term recommended investment period. The fund is suitable for investors looking for a higher yield than that offered by domestic bond funds. The aim is to achieve an excess yield thanks to the ongoing convergence of interest rates of Central European markets and the European Monetary Union. The fund is managed actively, which means that the fund manager can also make use of short-term market opportunities. The key source of the fund’s income is mainly interest yields from debt instruments. The fund mainly buys government bonds of European Union candidate and member countries. The fund is only partly secured in monetary terms and investing in it is primarily associated with interest and currency risk.

Performance (2024/04/18)
Period	YTD	6m	1Y (% p a)	3Y (% p a)	5Y (% p a)	10Y (% p a)	since inc. (% p a)
Perf	-0.76	4.38	10.99	-4.98	-3.28	-2.80	0.10

Annual performance in % (2024/04/18)
Period	2019	2020	2021	2022	2023
Perf	3.80	-2.05	-17.35	-11.47	13.74

Funds ratio of bonds (2024/03/31)
Average time to maturity	5.04
Average Yield	5.22
Duration in years	4.47
Modified duration	4.27
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Minimum & maximum performance in % p.a. (2024/04/18)
1Y	18.52
	-26.65
3Y	8.94
	-12.51
5Y	5.66
	-8.65
10Y	3.11
	-4.25

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.

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.