ČS nemovitostní fond

The portfolio of commercial properties in the Republic and other Central European countries
ISIN: CZ0008472545  

 
2019/12/05
NAV Issue price
1.2315 -
Difference 0.02% (0.00)
General attributes
Fund typeReal Estate Funds
Investment companyREICO Investiční společnost České spořitelny, a.s.
CurrencyCZK
Type-
Begin of subscription period-
Inception2007/02/26
Licenced inCZ
Duration of fundopen end
Distribution-
Total assets25,272,750,000.00
Fiscal year01/01 - 12/31
Initial charge1.50%
Management fee1.75%
Ongoing charges1.92%
Minimum investment300
Account number35-2001349369/0800
Recommended holding periodAt least 5 years
Investor experience-
Investor tolerance2 (scale 1-7)
since inception


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
• Relatively stable yield, consisting mainly of income from the leased buildings.• Low dependence of the fund yield on the development of stock and bond markets. • Protection against inflation - the main source of the fund yield - income from leasing is hedged against the inflation growth by the so-called inflation clause included in lease contracts.• The fund portfolio is distributed among several properties – both regionally and pursuant to the manner of use. • Low initial investment• the minimum investment is CZK 300. • The fund performance may be affected by Changes on the real estate market.• The values of real estate may drop and thus affect the fund performance negatively.• Part of the property in portfolio of the fund and also part of the rents arising from property in the portfolio is priced in euros. The total performance of the fund may be influenced also by developments in the exchange rate EUR / CZK.
Secondary market

Purchase of share certificates
You need to conclude an Investment Services Agreement to invest in the open-end mutual funds. Then you just need to remit the invested amount to the collection account number of the selected fund and indicate the Asset Account number as the variable symbol (stated in the Investment Services Agreement). It is more convenient to use a regular investment order for regular investments (e.g. via internetbanking) because you can get a discount (the terms and conditions are shown in the Price List). The internetbanking allows you to continuously follow the trend in your investments.

Redemption/sale of share certificates
To redeem share certificates, please visit any branch of Česká spořitelna or use the services of our internetbanking.

For new clients:
If you have not invested with Česká spořitelna yet, contact your personal advisor or come to any branch of Česká spořitelna, or use the free phone line 800 468 378, where we will gladly answer your questions and help you to choose the most convenient investment solution.

 
 
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.