What is a fund?

By investing in investment funds, your money can be worth more.

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What is a fund?

An investment fund is a form of joint investment of capital from numerous investors established with the purpose of collectively purchase securities in different asset clases. Joint investment through funds enables the reduction of costs on the capital market through the division of fixed costs and a reduction of risk through a much greater possibility of diversification compared to independent investment.

Investment funds offer easy access to financial markets.

Whether you want to invest additional funds for a larger retirement budget, or you have other finacial goals, such as investment in more conservative bond markets or participate in risky equity markets - the funds are the economical and efficient way of implementing investments of your choice.

By investing in an investment fund, you participate in the capital market.

Your funds are invested on your behalf by the top financial professionals, fund managers. It is not necessary to set aside a large amount of money to be invested in a fund. The investment is possible via capital plan form 25,00 EUR per month, and the minimum one-time payment is 50,00 EUR. 

Characteristics of investment funds

                   Transparency

You can check the current unit price and investment structure of the selected investment fund at any time.

               

               Avaliable at any time

You can reedem your units form the fund at any time and your funds will be transfered to your account within 5 working days.

                     Attractive return

Investment funds on average achieve higher returns compared to classic forms of savings, but they also contain risks.

Basic principles of investment funds according to the Croatian Investment Fund Act (Official Gazette 44/16, 129/19, 110/21, 76/22):

  • The funds are so-called “open-ended funds”, which mean they are open to an unlimited number of investors, and new units can be issued at any point in time
  • Management is handled by a specialised institution (i.e. an asset management company)
  • The funds are managed and the securities are selected by experts (i.e. fund managers)
  • Broad risk diversification e.g. in securities of different issuers, countries, and categories
  • Daily establishment of the net asset value
  • Assets under management are split into fund units of equal size
  • Strict control of the fund management team by independent auditors
  • The shareholder of the fund is a pro rata co-owner of the assets under management; the fund units represent special assets (separation and recovery of assets in the event of the bankruptcy of your main bank or the bank assigned with the custodianship of the securities (i.e. the depositary bank))
  • Utmost transparency for the investor (annual and semi-annual report, Prospecuts and rules of the fund, KIID, other information about funds on the website etc.)

 

Disclaimer 

This document is an advertisement. Unless indicated otherwise, data source is Erste Asset Management Ltd. Our languages of communication are Croatian and English. The prospectus (and any amendments to the prospectus) has been published in accordance with the open-end investment funds with a public offering (Official Gazette 44/16, 129/19 i 110/21, 76/22).

Before making a final investment decision, see the prospectus and rules of the fund that are available to all interested parties free of charge, at the management company as well as in all offices of the Depositary. The exact date of the last publication of the prospectus, languages in which the key information for investors are available, as well as information about other places where these documents are available are published on the website www.erste-am.hr.

This document serves as additional information for our investors and is based on the knowledge of the person 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. Please note that historical return is not a reliable indicator of the future development of the fund. Please pay attention to the fact that investment in securities other than described seems to bring about the risks. Share price and yield may rise as well as fall.