ERSTE Bond USA High Yield D02 VTIA/  AT0000A1Y3F8  /

Fonds
NAV2024-11-13 Chg.-124.5977 Type of yield Investment Focus Investment company
45,011.3516HUF -0.28% Full reinvestment Bonds North America Erste AM 

Investment strategy

ERSTE BOND USA HIGH YIELD is a bond fund. The Fund aims to achieve capital growth and/or continuous returns. The unit category ERSTE BOND USA HIGH YIELD EUR R01 was issued for all investors without limitations. There is no minimum (initial) investment volume. In order to attain the investment objective, the Fund invests predominantly, in other words at least 51% of its assets, in bonds from North American companies without limitations on sectors of activity in the form of directly purchased instruments, in other words not indirectly or directly through funds or derivatives, the bonds must predominantly be denominated in USD and must be in the speculative grade (high yield) segment in terms of the ratings assigned by recognised rating agencies. Foreign currency risks are hedged versus the euro to the greatest extent possible using suitable strategies. Units in investment funds may comprise up to 10% of the fund assets per fund and up to 10% in aggregate total. Derivative financial instruments can be used as part of the investment strategy and for hedging purposes, and may comprise up to 35% of the fund assets. The Fund employs an active investment policy and is not oriented towards a benchmark. The assets are selected on a discretionary basis, and the Management Company's degree of freedom is not limited.
 

Investment goal

ERSTE BOND USA HIGH YIELD is a bond fund. The Fund aims to achieve capital growth and/or continuous returns.
 

Master data

Type of yield: Full reinvestment
Funds Category: Bonds
Region: North America
Branch: Corporate Bonds
Benchmark: -
Business year start: 08-01
Last Distribution: -
Depository bank: Erste Group Bank AG
Fund domicile: Austria
Distribution permission: Austria, Germany, Czech Republic
Fund manager: PGIM, Inc.
Fund volume: 78.85 mill.  EUR
Launch date: 2017-10-20
Investment focus: -

Conditions

Issue surcharge: 3.50%
Max. Administration Fee: 0.53%
Minimum investment: 0.00 HUF
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Erste AM
Address: Am Belvedere 1, 1100, Wien
Country: Austria
Internet: www.erste-am.at
 

Assets

Bonds
 
91.13%
Mutual Funds
 
8.65%
Stocks
 
0.22%

Countries

United States of America
 
71.18%
Canada
 
6.09%
Bermuda
 
4.24%
Luxembourg
 
1.48%
United Kingdom
 
1.37%
Cayman Islands
 
1.26%
Panama
 
0.97%
Malta
 
0.58%
France
 
0.55%
Liberia
 
0.54%
Netherlands
 
0.25%
Jersey
 
0.22%
Mexico
 
0.22%
Ireland
 
0.21%
Mauritius
 
0.21%
Others
 
10.63%

Currencies

Euro
 
97.45%
Others
 
2.55%