ERSTE EQUITY ROMANIA Open-End Investment Fund is an equity fund.
Equities may comprise at least 85% of the fund assets, while at least 70% of the fund assets are denominated in RON or have currency hedging in RON.
The focus of strategic allocation in terms of geographic location will be 80% securities issued/offered by entities incorporated in Romania or having Romania as their main trading market.
Recommended investment term
The Fund recommends that investments shall be made for a term ranging between 5 and 7 years.
- Negotiable, only if the investment is maintained more than 365 days.
Redemption fee: 0%
ERSTE EQUITY ROMANIA is authorized by CNVM Decision no. 3215/2005, registered with the FSA Public Register under no. CSC06FDIR/400024.
Shares can be subscribed/ redeemed at SAI Erste Asset Management and at BCR branches.