Year after year, the best funds of this kind are honoured at the Austrian Fund of Funds Award of the "Geld Magazin". Erste Asset Management achieved a convincing success at this year's Fund of Funds Award ceremony in Vienna With six (!) 1st places (including for the best global equity fund of funds), two 2nd places and five 3rd places we were the investment company with the most awards.

As every year, the approximately 400 funds available for selection were divided into the relevant investment categories (equities, bonds, alternative investments), which differ essentially in the proportion of equities. The best funds of funds were ranked on the basis of the Sharpe Ratio* (return divided by risk) over periods of one, three and five years.

The performance of the award-winning funds has been in the past and is not indicative of future returns. Nevertheless, this award recognises the performance of fund managers who, in different market situations, have succeeded in generating more returns for investors than with other products.

*The Sharpe Ratio is a ratio that puts the return achieved in relation to the risk incurred. 

Disclaimer

This document is an advertisement. Unless indicated otherwise, source: Erste Asset Management GmbH. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published 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 Information Document can be viewed in their latest versions at the web site www.erste-am.com within the section mandatory publications  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 Information Document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com. A summary of investor rights is available in German and English on the website www.erste-am.com/investor-rights as well as at the domicile of the management company.

The management company can decide to revoke the arrangements it has made for the distribution of unit certificates abroad, taking into account the regulatory requirements.

Detailed information on the risks potentially associated with the investment can be found in the fund prospectus or Information for investors pursuant to § 21 AIFMG of the respective fund. If the fund currency is a currency other than the investor's home currency, changes in the corresponding exchange rate may have a positive or negative impact on the value of his investment and the amount of the costs incurred in the fund - converted into his home currency.

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.