FAQ

Mutual funds combine the capital from a large number of investors, investing it in equities, bonds and other securities (such as real estate and commodities). The investor buys shares in a basket of securities managed by professionals. In contrast to purchases of individual shares or bonds, success is not dependent on a single investment. The effect of a poor performance of one security can be absorbed by good performances of others.

The price or value (net asset value) of a fund unit varies over time. It is linked to the performance of the securities and assets held by the fund. The price is calculated daily.The fund price already includes the management fee. However, the initial charge, which falls due at the time of purchase and the other fees, as for instance individual account and deposit fees, are not taken into account.

You can begin investing in fund units with very small amounts. Our s Fonds Plan allows you to put aside regular amounts, from as little as EUR 30 a month.

So you only need a small sum to start investing in the international securities markets.

You can buy or sell all Erste Asset Management mutual funds on any day. The fund unit issue and redemption prices are calculated daily using objective and verifiable valuation methods.

The KIDs and factsheets offer you more detailed information on the respective mutual funds.

Mutual fund units are available from Erste Bank, Sparkasse and all other banks. Your advisor will be happy to help you choose the most suitable fund. You can also buy fund units online.

Mutual funds qualify as special funds. Even if the fund company or custodian bank were declared insolvent, the fund assets would not be considered part of the bankruptcy assets: they remain separate. In addition, fund providers are subject to constant monitoring and surveillance by the Austrian Financial Market Authority (FMA) and external auditors.

Our service is based on the "SRRI indicator", which ranges from 1 (low risk) to 7 (high risk). Please note that this indicator can change in the future.

Basically you can sell your fund at any time. The recommended holding period for the investment funds of Erste Asset Management is based on the "Synthetic Risk and Reward Indicator" (SRRI, see also Fund Glossary). This risk indicator is calculated according to the regulations issued by the European Securities and Markets Authority and forms an integral part of the key investor information documents (also referred to as KIID). You can find the recommended holding period in the overview of the respective fund or in the fund fact sheet that can also be downloaded. The minimum recommended holding period for a fund with an SRRI of 1 or 2 is three years, while it is five years for a fund with an SRRI of 3 or 4, and seven years for a fund with an SRRI of 5, 6, or 7. The minimum recommended holding period of an equity fund is seven years, for example. 

Disclaimer

This document is an advertisement. All data is sourced from 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 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. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to § 21 AIFMG, especially the risk notices they contain, before making an investment decision.

Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 21 AIFMG for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.