ESPA STOCK BIOTECGlobal biotech companies with a focus on the USA
|Fund type||Equity Funds|
|Investment company||Erste Asset Management GmbH|
|Begin of subscription period||-|
|Duration of fund||open end|
|Fiscal year||03/15 - 03/14|
|Minimum investment||According to offer|
|Recommended holding period||At least 8 years|
|Investor tolerance||7 (scale 1-7)|
The chart shows the current fund share unit price (NAV) of the nominal value of an investment company proclaimed on that working day.
Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
|Advantages||Details you should be aware of|
|Participation in the most important global biotech companies. Opportunity to achieve substantial capital appreciation. Optimal diversification in global biotech companies even with just a small investment.||The net asset value of the fund can fluctuate considerably (high volatility). The investor bears the sector risk of the American biotech sector. Due to investments denominated in foreign currencies, the net asset value of the fund can be negatively impacted by currency fluctuations. Capital loss is possible.|
Purchase of share certificates
|Risk notes according to 2011 Austrian Investment Fund Act|
|ESPA STOCK BIOTEC may exhibit increased volatility due to the composition of its portfolio: i.e. the unit value can be subject to significant fluctuations both upwards and downwards within short periods of time.|
|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.|