ERSTE ETF US EQUITIES UCITS ETF
Investing in the U.S. stock market with an ETF
The U.S. Stock Market in an ETF
The ERSTE ETF US EQUITIES UCITS ETF invests in the largest companies headquartered in the United States. It thus provides access to many stocks across various sectors.
The ETF can be used as a building block for long-term wealth accumulation. It is suitable for investors who wish to invest broadly across the U.S. stock market. Investing in securities offers opportunities but also involves risks.
What is an ETF?
An ETF is a fund that is traded on the stock exchange. Many ETFs track an index. An index shows how a specific market or a segment of a market is performing.
The ERSTE ETF US EQUITIES UCITS ETF tracks the Solactive USA Large Cap 250 Base USD Index NTR as closely as possible. This index consists of stocks from the 250 largest companies headquartered in the US, as long as they meet certain sustainability criteria. The ETF is not sponsored, promoted, sold, or supported by Solactive. Solactive does not guarantee the index.
The ETF invests directly in the securities included in the index. It is passively managed. This means that the fund tracks the index according to fixed rules. The fund management does not make ongoing active investment decisions, as is the case with an actively managed fund.
Opportunity for capital appreciation
You can participate in the performance of US stock markets.
Trading on the stock exchange
ETF shares can be bought and sold during trading hours.
Broad diversification
You invest in a broadly diversified portfolio of various companies and industries headquartered in the United States.
Price fluctuations
The fund's price may fluctuate significantly due to various factors.
Exchange rate changes
Due to the investment in foreign currencies, the fund value may be adversely affected by changes in exchange rates.
Possible loss of capital
Loss of capital is a possible consequence of investing in the stock market.
Buy funds online
When you click “buy funds,” you’ll be redirected to George, Austria’s most modern banking platform. Investing in funds involves both opportunities and risks.
Open a Savings Plan Online
When you click “Open Savings Plan,” you can use George to open a savings plan with up to four additional funds. Please be aware of the opportunities and risks associated with the fund.
Which companies does the fund invest in?
The ETF invests in companies headquartered in the United States – currently primarily in the information technology and financial sectors. Here are some examples of companies in which the fund invests. The companies listed are examples only and do not constitute a recommendation to buy. There is no guarantee that these companies will always be included in the fund.
Apple develops and sells, among other things, iPhones, computers, tablets, wearables, and digital services.
Microsoft offers software, cloud services, devices, and digital solutions for individuals and businesses.
NVIDIA develops graphics processors and technologies for artificial intelligence, data centers, gaming, and other applications.
Amazon operates in the online retail sector and also offers cloud services for businesses.
Visa operates a global digital payments network that connects banks, merchants, and customers.
Eli Lilly is a pharmaceutical company that develops drugs for various therapeutic areas.
Key facts about the fund
* The total costs shown consist of administrative fees and other administrative or operating costs. The calculation is based on the corresponding cost breakdown in the Basic Information Sheets (BIB). The figure provided is based on the BIB in effect at the time of preparation. Ongoing transaction costs as specified in the BIB, as well as any performance-based fees, are not included in this metric. For detailed information on the cost components, please refer to the BIB.
Additional documents
FAQs
An ETF (Exchange-Traded Fund) is a fund that can be bought and sold on the stock exchange. With an ETF, investors can invest in many securities at the same time. The ETF tracks an index.
An index represents a specific market or a segment of a market. It follows fixed rules. These rules determine which companies are included and how they are weighted.
In an actively managed fund, fund managers make investment decisions on an ongoing basis. They select securities that they expect to perform well.
In a passively managed fund, the fund tracks an index. The goal is to replicate the performance of that index as closely as possible.
An ETF is also a fund. The main difference lies in how it is traded: An ETF can be bought and sold on the stock exchange during trading hours. Many ETFs track an index and are passively managed.
Traditional mutual funds are generally not traded continuously on the stock exchange. They are typically bought and sold through the fund company, a bank, or an online platform. The price is usually calculated once a day. They are often actively managed. This means that fund managers make ongoing investment decisions.
The ERSTE ETF US EQUITIES UCITS ETF is part of an Irish ETF platform. This platform is called the ETF Platform ICAV. The Carne Group handles key tasks related to the platform’s administration, regulation, and distribution. Erste Asset Management is the fund’s investment manager. It contributes its investment and ETF expertise.
In short: Carne provides the fund platform. Erste Asset Management contributes the investment expertise.
Important legal notes
The discretionary selection of assets permitted for the investment fund is limited. The fund employs a passive investment policy and the scope of discretion of the management company is limited. The investment fund is a user within the meaning of Regulation (EU) 2016/1011 (Reference Assets Regulation).
Further details on the sustainable focus of ERSTE ETF US EQUITIES UCITS ETF as well as disclosures in accordance with the Disclosure Regulation (Regulation (EU) 2019/2088) and the Taxonomy Regulation (Regulation (EU) 2020/852), please refer to the current prospectus; see “Sustainability Principles” appendix in the supplement. In deciding to invest in ERSTE ETF US EQUITIES UCITS ETF, consideration should be given to any characteristics or objectives of the ERSTE ETF US EQUITIES UCITS ETF as described in the Fund Documents.
UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them.
The indicative net asset value is published via Deutsche Börse Xetra.
This document is an advertisement. Please read the prospectus (available in English only) and the Key Information Document (KID) before making a final investment decision. Unless otherwise stated, all information is provided by Carne Global Fund Managers (Ireland) Limited (the management company) and/or Erste Asset Management GmbH. The language of communication of the Management Company is English, and for Erste Asset Management GmbH it is also German.
The prospectus has been prepared for the ETF-Platform ICAV, an open-ended Irish umbrella-type investment fund with limited liability and segregated liability between sub-funds. It is registered with the Central Bank of Ireland and has been authorised in accordance with the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulation 2011, as amended by the Central Bank of Ireland (Supervision and Enforcement) Act 2013 and the Undertakings for Collective Investment in Transferable Securities Regulation 2019.
The current version of the prospectus and the KID are available on the management company’s website and are available free of charge to interested investors at the registered offices of Carne Global Fund Managers (Ireland) Limited and Erste Asset Management GmbH. The exact date of the most recent publication of the prospectus and the languages in which the BIB is available can be found on the management company’s website.
A summary of investors’ rights is available in English on the management company’s website.
The management company may decide to withdraw the arrangements it has put in place for the distribution of shares abroad, subject to regulatory requirements. Comprehensive information on the risks that may be associated with the investment can be found in the prospectus.
Please note: you are about to purchase a product that may be difficult to understand. We recommend that you read the indicated fund documents before making an investment decision.
Our analyses and conclusions are general in nature and do not take into account the individual characteristics of our investors in terms of earning, taxation, experience and knowledge, investment objective, financial position, capacity for loss, and risk tolerance.
Please note: past performance is no reliable indicator of the future performance of a fund. Investments in securities entail risks in addition to the opportunities presented here. The value of units 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 units. Persons who are interested in purchasing units 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. If the fund currency is different than the investor’s home currency, changes in the relevant exchange rate can positively or negatively influence the value of the investment and the amount of the costs associated with the fund in the home currency.
We are not permitted to directly or indirectly offer, sell, transfer, or deliver this financial product to natural or legal persons whose place of residence or domicile is located in a country where this is legally prohibited. In this case, we may not provide any product information, either. Nor may we provide any product information in such cases. It is expressly noted that this communication does not provide any investment recommendations, but only expresses our current market assessment. This communication therefore does not constitute investment advice and does not take into account the legal provisions designed to promote the independence of financial analysis, nor is it subject to the prohibition on trading following the dissemination of financial analysis. The document does not constitute a marketing activity and must therefore not be construed as an offer to buy or sell financial or investment instruments.
Erste Asset Management GmbH is affiliated with the Erste Bank and austrian Sparkassen banks. Please also read the “Information about us and our securities services” published by your bank.