ESPA BEST OF EUROPE

Fund of funds with a focus on European equities

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Data per /  NAV per: 29.09.2017 / 18.10.2017

Investment characteristic

The ESPA BEST OF EUROPE fund is a fund of funds that invests in European equity funds. The selection of funds is based on both qualitative and quantitative criteria. A broad diversification of investment styles and a balanced overall risk/return profile are essential for the weighting of the funds. No one fund is weighted with more than 20%. Foreign currencies can be hedged for up to 20% of the fund's assets. The fund is suitable for long-term capital appreciation.

Fund key facts

Fund assets EUR  48,15 Mio.
Day of first issue 06.08.2001
Fund financial year 01.05.  to  30.04.
Dividend payout date 01.08.
Registration for sale AT,HU,RO,SK
Sales charge 4,00%
Redemption fee 0,00%
Management Fee up to 1,44% p.a.
Risk type according to KID
  • 1
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  • 5
  • 6
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Recommended holding period minimum 6 years
Custodian bank Erste Group Bank AG
Investment company ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.
Contact ansprechpartner@sparinvest.com

Share certificate type ISIN Currency NAV
Accumulating share (VT) AT0000A0QQK1 EUR 172,96

Performance1

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Performance according to OeKB (Oesterreichische Kontrollbank AG) (in %, p.a.)**

Currency Start of the fund Start of the year* 1 year 3 years 5 years 10 years
EUR 3,54 10,34 16,09 7,39 9,90 2,84

* absolut


Yearly performance (in %, in fund base currency)**

** 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 4,00 %, 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. Unless indicated otherwise, source: ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. 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. 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.

Advantages for the investor

  • Broad investment in European equity funds
  • Diversified portfolio allocation through the use of a variety of investment styles
  • The fund can be bought or sold at any time at the current issue/redemption price
  • Suitable for regular savings (s Fonds Plan)
  • Risks to be considered

  • The net asset value of the fund can fluctuate considerably
  • The value of equities is also dependent in part on the success of the underlying company
  • The investor bears the risk of the European market
  • Risk notes according to 2011 Austrian Investment Fund Act

    ESPA BEST OF EUROPE may make significant investments in investment funds (UCITS, UCI) pursuant to section 71 of the 2011 Austrian Investment Fund Act.
    ESPA BEST OF EUROPE may exhibit increased volatility due to the composition of its portfolio: i.e. the unit value can be subject to significant fluctuations both upwards and downwards within short periods of time.

    Disclaimer

    This document is an advertisement. Unless indicated otherwise, source: ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. 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. 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.