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ESPA BOND EURO CORPORATE

Corporate bonds in euros

Data per: 30.06.2017
NAV per: 21.07.2017

Overview

Investment characteristic

ESPA BOND EURO-CORPORATE invests primarily in euro-denominated corporate bonds of European issuers with excellent to average credit ratings. The credit rating of the bonds in the fund is primarily investment grade. The focus is on bonds denominated in euros. Foreign exchange risks are hedged against the euro.

Fund key facts

Fund assets EUR  787,93 Mio.
Day of first issue 15.01.2001
Fund financial year 01.08.  to  31.07.
Dividend payout date 01.10.
Registration for sale AT,CH,DE,HU,RO,SK
Sales charge 3,50%
Redemption fee 0,00%
Management Fee up to2 0,60% p.a.
Risk type according to KID3
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Recommended holding period minimum 6 years
Custodian bank Erste Group Bank AG
Investment Company ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.
Net asset value4 Daily
Order closure4 15:00
Buy-/Selling day (order days)4 Daily
Closing day5 Order day +1
Value date6 Order day +2
Contact ansprechpartner@sparinvest.com

Share certificate type ISIN Currency NAV
Distributing share (A) AT0000724216 EUR 106,53
Accumulating share (T) AT0000724224 * EUR 169,41
Accumulating share (VT) AT0000658968 EUR 192,92

* also available as s Fonds Plan


Performance1

Zoom / Details

Yearly performance annualized1

Currency EUR
Start of the fund 4,35%
Start of the year* 0,53%
1 year* 0,87%
3 years 2,32%
5 years 4,01%
10 years 4,21%

* absolut


Yearly performance1

1 The performance is calculated in accordance with the OeKB method. It already includes the management fee. However, the illustration is net of the one-off load of up to 3,50 %, which falls due at the time of purchase, and of other fees that reduce the return as well as of the individual account and deposit fees. Past performance is not a reliable indicator of the future performance of a fund.

Unless explicitly noted otherwise, performance figures for periods of less than five 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.

Disclaimer

This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.
2 According to fund terms, 3 KID: Key Investor Document, 4on Austrian exchange trading days, 5Austrian exchange trading day(s), 6Austrian bank business days.

Distributon rate

Year Return
2011/2012 3,66
2012/2013 3,11
2013/2014 2,92
2014/2015 2,01
2015/2016 1,86

Advantages for the investor

  • Broad diversification in selected corporate bonds with good to average credit ratings.
  • Opportunity to earn an attractive, long-term return and high annual payouts.
  • Gains are possible when interest rates fall.
  • Risks to be considered

  • Rising interest rates can lead to price declines.
  • Price declines are possible, particularly in an environment of rising risk premiums (deterioration in the credit ratings of participating companies).
  • Capital loss is possible.
  • KESt-exempt non-dividend shares only available for investors, who are non-taxable in Austria.
  • Disclaimer

    This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
    The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
    The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
    This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.

    Investment structure

    Bond category

    Bonds - Rating

    Disclaimer

    This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
    The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
    The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
    This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.

    Documents

    Annual financial statements Half-year financial statements Tax treatment for share certificate Payout date
    31.07.2017 31.01.2017 AT0000724216 A (EUR)
    01.10.2017
        AT0000724224 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2017
    01.10.2017
    01.10.2017
    01.10.2017
    31.07.2016 31.01.2016 AT0000724216 A (EUR)
    01.10.2016
        AT0000724224 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2016
    01.10.2016
    01.10.2016
    01.10.2016
    31.07.2015 31.01.2015 AT0000724216 A (EUR)
    01.10.2015
        AT0000724224 T (EUR)
    AT0000724240 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2015
    01.10.2015
    01.10.2015
    01.10.2015
    01.10.2015
    31.07.2014 31.01.2014 AT0000724216 A (EUR)
    01.10.2014
        AT0000724224 T (EUR)
    AT0000724240 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2014
    01.10.2014
    01.10.2014
    01.10.2014
    01.10.2014
    31.07.2013 31.01.2013 AT0000724216 A (EUR)
    01.10.2013
        AT0000724224 T (EUR)
    AT0000724240 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2013
    01.10.2013
    01.10.2013
    01.10.2013
    01.10.2013
    31.07.2012 31.01.2012 AT0000724216 A (EUR)
    01.10.2012
        AT0000724224 T (EUR)
    AT0000724240 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2012
    01.10.2012
    01.10.2012
    01.10.2012
    01.10.2012
    31.07.2011 31.01.2011 AT0000724216 A (EUR)
    01.10.2011
        AT0000724224 T (EUR)
    AT0000724240 T (EUR)
    AT0000658968 VT (EUR)
    AT0000639414 VT (CZK)
    AT0000A00GB0 VT (HUF)
    01.10.2011
    01.10.2011
    01.10.2011
    01.10.2011
    01.10.2011
       Show full table

    Disclaimer

    This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
    The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
    The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
    This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.

    Key figures

    Fund key figures *(only for fixed income funds)
    Average security return 1,33%
    MRLZ 8,48 Years
    Modified Duration 4,79%
    Duration 4,85 Years
    Average coupon percentage 2,59%
    * Explanation of financial terms
    Statistic key facts according to OeKB (3 years)
    Sharpe ratio 0,76
    Volatility 3,04%
    Maximum drawdown -3,52%
    Share of positive months 61,11%

    Min / Max Performance annualized1

    Disclaimer

    This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
    The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
    The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
    This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.

    Archive

    Dividend details

    AT0000724216 A.

    Financial year EX DATE Payout KESt* EU-QuSt AuK** Distribution yield
    2000/2001 01.10.2001 EUR 2,50 0,61 2,59
    2001/2002 27.09.2002 EUR 5,20 1,18 5,27
    2002/2003 29.09.2003 EUR 5,00 1,18 5,01
    2003/2004 29.09.2004 EUR 5,00 1,16 4,79
    2004/2005 29.09.2005 EUR 4,60 1,11 4,43
    2005/2006 28.09.2006 EUR 4,60 1,04 0,50 4,38
    2006/2007 27.09.2007 EUR 4,60 0,99 0,53 4,59
    2007/2008 29.09.2008 EUR 4,60 1,00 0,60 4,83
    2008/2009 29.09.2009 EUR 4,60 1,01 0,78 5,22
    2009/2010 29.09.2010 EUR 3,80 0,93 0,74 4,05
    2010/2011 29.09.2011 EUR 3,60 0,88 0,73 3,69
    2011/2012 27.09.2012 EUR 3,40 0,82 1,16 3,66
    2012/2013 27.09.2013 EUR 3,10 0,74 1,03 3,11
    2013/2014 29.09.2014 EUR 2,92 0,73 0,90 2,92
    2014/2015 29.09.2015 EUR 2,10 0,84 0,86 2,01
    2015/2016 29.09.2016 EUR 1,90 0,89 0,77 1,86
    null
    MidOffice_LiquiReportTotal

    Historical fund prices
    from:
    to:

    Disclaimer

    This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English.
    The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
    The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.
    This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.