Alpha Diversified 3 Fund

UCITS-compliant absolute return fund

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Data per /  NAV per: 29.09.2017 / 18.10.2017

Investment characteristic

The Alpha Diversified 3 is a UCITS compliant alternative investment fund that primarily invests in actively managed sub funds offered by European and US asset managers who pursue various different alternative investment strategies such as relative value, global macro and managed futures. Overall, the fund strives to achieve an asymmetrical risk/reward profile. In other words, strategies are deployed to limit the general risk of loss and to minimise the correlation with the traditional equity and bond markets. Foreign currency exposure is permanently hedged.

Fund key facts

Fund assets EUR  64,91 Mio.
Day of first issue 01.12.2011
Fund financial year 01.08.  to  31.07.
Dividend payout date 02.11.
Registration for sale AT,DE,HU,RO
Sales charge 5,00%
Redemption fee 0,00%
Management Fee up to 0,90% p.a.
Risk type according to KID
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
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) AT0000A0SFR5 EUR 111,94

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

* 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 5,00 %, 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

  • UCITS-compliant Absolute Return Fund.
  • Broad diversification across a variety of investment styles and managers.
  • Foreign currency exposure is hedged.
  • Risks to be considered

  • Asset class cannot be compared with traditional asset classes.
  • The net asset value can fluctuate significantly.
  • Limited (weekly) redemption of shares.
  • Limited transparency of subfonds.
  • Possibility of a total loss.
  • Risk notes according to 2011 Austrian Investment Fund Act

    Alpha Diversified 3 may make significant investments in investment funds (UCITS, UCI) pursuant to section 71 of the 2011 Austrian Investment Fund Act.
    Alpha Diversified 3 may make significant investments in derivatives (including swaps and other OTC derivatives) pursuant to section 73 of the 2011 Austrian Investment Fund Act.

    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.