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ERSTE STOCK VALUE (CZK) VT


The ERSTE STOCK VALUE (CZK) serves as a feeder fund for the ERSTE STOCK VALUE fund (master fund).

ISIN:
AT0000A2STH3

2024/04/17
NAV
88.9000
Difference -1.31% (-1.18)

General attributes

Fund typeEquity Funds
Investment companyErste Asset Management GmbH
CurrencyCZK
TypeVT
Begin of subscription period-
Inception2021/10/28
Licenced inAT,CZ
Duration of fundopen end
Total assets1,097,359,782.07 CZK
Fiscal year04/01 - 03/31
Initial charge3.00%
Management fee1.80%
Ongoing charges2.10%
Minimum investmentAccording to offer
Account number-
Recommended holding periodAt least 6 years
Investor experience-
Investor tolerance4 (scale 1-7)
Disclosure RegulationArticle 8

 
Initial charge represents a % of the value of the current fund share unit price and is charged once upon making the investment. Management Fee and Ongoing Charges represent costs paid from the assets of the mutual fund on an annual basis (per annum).



Fund PDF download

ProspectusPDF Download
Key Information Document (KID)PDF Download
Sustainability-related disclosuresPDF Download
CZ Monthly fund reportPDF Download
CZ DisclaimerPDF Download
Target market informationPDF Download
CZ FlyerPDF Download

Fund annual reports

Annual Reports2023/03/31PDF Download
First-Half Report2023/09/30PDF Download
Scale: ABS REL


The chart shows the current fund share unit price (NAV) of the nominal value of an investment company proclaimed on that working day. Performances under 12 month have only little informative value.  Information about previous performance does not guarantee future performance.
Source: Česká spořitelna, a. s.
Advantages Details you should be aware of
Investment in a concentrated portfolio of small and mid sized value stocks. Diversification of risks over several countries and industries. Opportunities for attractive value increase. The price of the funds can fluctuate considerably (high volatility). Due to the investment in foreign currencies, the fund value can fluctuate due to changes in the exchange rate. Capital loss is possible. Since the feeder fund predominantly invests in the master fund, the performance of the feeder fund depends significantly on the performance of the master fund. Other risks that may be of significance for the feeder fund are, in particular, credit and counterparty risk, liquidity risk, custody risk, derivative risk and operational risk. Comprehensive information on the risks of the feeder fund can be found in the prospectus or the information for investors pursuant to § 21 AIFMG, section II, "Risk information".

Secondary market


THE TARGET MARKET OF THIS INVESTMENT PRODUCT CAN BE FOUND IN FUND PDF DOWNLOAD. PLEASE SEE THIS DOCUMENT.
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Purchase of share certificates
Investing in the open-end mutual funds is very easy. If you have already invested with Česká spořitelna, simply remit the invested amount to the collection account number of the selected fund and indicate your MUIN (number of your investment account) as the variable symbol. A comfortable method of investing is represented by GEORGE Internetbanking.

Sale of share certificates

To sell certificates visit any branch of Česká spořitelna or use the GEORGE Internetbanking services.

For new clients

If you have not invested with Česká spořitelna, contact your personal consultant or visit any branch of Česká spořitelna, where we will be happy to answer your questions and help you choose the best investment solution. You just have to make one visit to the Česká spořitelna branch and then you may make investments without any further visits.

 
ČS list of charges for mutual funds unit trading



Risk notes according to 2011 Austrian Investment Fund Act

Unless explicitly noted otherwise, performance figures for periods of less than ten years always start from the launch of the fund. Performance figures for periods of less than 12 months in particular are not indicative of a fund’s development due to their short-term nature.
The Investment Fund will permanently invest at least 85% of its assets in shares of ERSTE STOCK VALUE (master fund).


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.

Performance goal and investment strategy

The ERSTE STOCK VALUE (CZK) serves as a feeder fund for the ERSTE STOCK VALUE fund (master fund). Foreign exchange risks of the master fund are hedged within the feeder fund against the Czech crown. The master fund is an equity fund which invests in selected companies worldwide. The fund’s investment process is based on a quantitative pre-selection as well as an analysis of hereby identified companies according to fundamental and technical aspects. The stock selection is conducted with focus on value companies with a small or mid sized market capitalization. A concentrated portfolio is striven for as part of the portfolio construction process. Ecological and social factors as well as corporate management factors are integrated into the investment process.

Performance (2024/03/28)

Period YTD
6m
1Y
(% p a)
3Y
(% p a)
5Y
(% p a)
10Y
(% p a)
since inc.
(% p a)
Perf 1.94 - 8.57 - - - -3.03

Annual performance in % (2024/03/28)

Period 2019 2020 2021 2022 2023
Perf - - - -11.11 4.07

 
The stated performance represents the net performance including costs paid from the mutual fund's assets. Entrance fees are not included.

Statistical figures (-)

Sharpe Ratio-
Volatility in %-

Performance Calculator

Try to calculate the historical performance of the fund with our calculator.



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.

Top holdings (2024/03/28)

ISINNameCurrency%FA
-UNICREDIT-4.20
-ING GROEP NV EO -,01-3.35
-RENAULT INH. EO 3,81-3.23
-COCA-COLA EU.PA. EO -,01-3.23
-ERSTE GROUP BNK INH. O.N.-3.21
-RUBIS INH. NOUV. EO 1,25-3.14
-MARATHON OIL DL 1-3.12
-GLOBAL PAYMENTS DL-,01-3.11
-CTP N.V. EO 1-2.91
-GOLDMAN SACHS GRP INC.-2.90

Holdings by country (2024/03/28)

54.93 %United States of America
12.96 %Netherlands
7.41 %Italy
7.12 %France
3.41 %Austria
2.69 %Spain
2.45 %Hungary
2.43 %Denmark
2.16 %Ireland
1.89 %United Kingdom

Percentage holdings by sector (2024/03/28)

26.38 %Financials
14.16 %Consumer Discretionary
9.85 %Industrials
9.42 %Energy
8.47 %Health Care
6.57 %Consumer Staples
6.18 %Materials
6.16 %Utilities
6.08 %Real Estate
3.94 %Communication Services



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.

Know-How

 
In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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Performance overview table

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Contact

 
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