Erste Asset Management GmbH

Information on the management company

Management company:
Erste Asset Management GmbH ("EAM")

Company Headquarters and Mailing Address:
A-1100 Vienna, Am Belvedere 1
Tel: +43 (0)50 100 19054
Fax: +43 (0)50 100 9 19054
E-Mail: institutional@erste-am.com
Internet: www.erste-am.com

Registration court: Commercial Court Vienna
Commercial Register Number: FN 102018b
Based in: political district Vienna
VAT ID (UID): ATU 15355700
DVR Number: 4012567
Bank code: 76263

Financial Markets Authority:
Finanzmarktaufsicht (FMA)

Securities Supervision
Otto-Wagner-Platz 5
A-1090 Vienna

Website: www.fma.gv.at

Affiliation:

Austrian Economic Chambers Banking Sector

Management board:
Heinz BEDNAR
Winfried BUCHBAUER
Peter KARL
Wolfgang TRAINDL

Supervisory board:
Rudolf SAGMEISTER (chairman)
Thomas SCHAUFLER (vice-chairman)
Martin CECH (member)
Nicole WEINHENGST (member)
Heinrich Hubert REINER (member)
Peter RIEDERER (member)
Manfred ZOUREK (member)
Harald GASSER (member)
Gerhard GRABNER (member)
Oswald HUBER (member)
Ingo BLEIER (member)
Radovan JELASITY (member)
Gerald WEBER (member)
Robert LASSHOFER (member)

State commissioners:
Mag. Caroline HABERFELLNER
Mag. Philipp VISKI-HANKA

Supervisory authority in Austria:
Financial Market Authority (FMA)
Securities Supervision
Otto-Wagner-Platz 5
A-1090 Vienna
Website: www.fma.gv.at

Chambers:
Austrian Economic Chambers
Austrian Bankers’ Association

Branch office:
Erste Asset Management GmbH, Czech Republic branch

Branch headquarters and contact details:
Budějovická 1518/13a (Trainon Building), 140 00 Praha 4
Czech Republic
Tel: +420 956 786 111
E-Mail: erste-am@erste-am.cz
Internet: http://www.erste-am.cz/

Commercial register court: Prague Municipal Court, Section A, file 77100
ID number: 041 07 128
VAT ID number: CZ683730793

Branch manager:
Ing. Martin ŘEZÁČ

Supervisory authority in the Czech Republic:
Česká národní banka (Czech National Bank)
Na Příkopě 28Na Příkopě 28
CZ 115 03 Praha 1
Web: www.cnb.cz

Business purpose of EAM:

Management and administration of investment funds in accordance with the Austrian Investment Fund Act 2011 (“InvFG 2011”) as amended from time to time – licensed in accordance with § 1 (1) no. 13 of the Austrian Banking Act (“BWG”)
- investment advice in relation to financial instruments (§ 3 (2) no. 1 of the Austrian Securities Supervision Act 2007 (WAG 2007))
- Managing individual portfolios for clients on a discretionary client-by-client basis (§ 3 (2) no. 2 WAG 2007)
Management and administration of alternative investment funds (AIFs) in accordance with the Austrian Alternative Investment Fund Managers Act (“AIFMG”) – licensed in accordance with § 6 (1) in conjunction with § 4 (1) AIFMG
Ancillary services: custody and technical management in connection with shares or units in undertakings for collective investment (§ 4 (4) no. 2 AIFMG)

In accordance with § 37 InvFG 2011 (or Art. 16 of Directive 2009/65/EG – UCITSD) and § 32 AIFMG (Art. 33 of Directive 2011/61/EU – AIFMD), EAM is authorised to manage investment funds (UCITS and AIF) in the Czech Republic via its branch office.

Business purpose of the branch:

Management and administration of investment funds and alternative investment funds in accordance with the Czech Act no. 240/2013 Coll. on Investment Companies and Investment Funds, as amended
Managing individual portfolios for specific clients
Providing investment advice on investment instruments

Shareholders:

Memberships:

As member of VÖIG (Vereinigung Österreichischer Investmentgesellschaften; Association of Austrian Investment Companies) Erste Asset Management GmbH is subject to the Code of Conduct of the Austrian Investment Fund Industry of 2012

Basic content of the website:

Presentation of the Erste Asset Management funds and the der Erste Asset Management GmbH investment group
Information and detailed links on the financial products (especially the investment funds), services, and other applications provided by Erste Asset Management GmbH and ERSTE Group
Information on investment funds, securities, capital markets, and investing

Technical implementation of the Website:

In cooperation with s IT Solutions

As of: January 2017

Legal disclaimer:

Erste Asset Management GmbH is responsible for the content of this web site.

Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. check and update the information appearing on their websites constantly and makes every effort to ensure that the greatest care is taken in data collection. Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. cannot, however, accept any liability or give any assurances for the information provided or for its sources, nor guarantee that it is up-to-date, correct and complete or that it will always be available.

The same reservation applies for all other websites to which hyperlink connections are provided. Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. are not responsible for the content of websites which are accessed by this means.

Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. reserve the right to make changes or additions at any time to the information provided.

The content of Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.'s websites is for information purposes only. In particular, it does not represent a proposal or a buy or sell recommendation. It does not take the place of an individual investment consultation. Any actual investment should only be undertaken following a consultative interview.

Past performance results are not a guide to the future growth of an investment fund or portfolio.

Investment fund performance is calculated by Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. using the Austrian Control Bank (OeKB) method. Initial and redemption fees are not taken into account. Value growth in percentage terms (excluding charges) with dividends reinvested.

Past performance results are not a guide to the future growth of an investment fund or portfolio.

Investment fund performance is calculated by Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. using the Austrian Control Bank (OeKB) method. Initial and redemption fees are not taken into account. Value growth in percentage terms (excluding charges) with dividends reinvested.

The content and design of Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H.'s websites are copyright-protected. The prior agreement of Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. is required for the duplication of any information or data, especially where the use of written text, text sections or graphical material is involved.

Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. accept no liability whatsoever for losses or damage of any kind (including consequential or indirect damage or the loss of profit) which might arise in connection with or as a result of accessing the websites of Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., or of accessing, using or consulting the contents of these sites, or of following any integrated links to the websites or URLs of other operators, or of the websites of Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. not being available. This applies even if Erste Asset Management GmbH and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. have been made aware of the possibility of such damages.

Languages:

You can communicate with us in the following languages: German and English

E-Mails:

We would like to point out that we access any emails you have sent us only during business hours.

Disclaimer:

This information is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH unless indicated otherwise. Our languages of communication are German and English. The fund prospectus (including any amendments) was published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of InvFG 2011 in the currently amended versions and is available free of charge together with the key investor document (KID) at the domicile of the Management Company and at the head office of the custodian bank. The exact date of the most recent publication, 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 of the respective management company, in particular 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. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es), especially the risk notices it or they contain, before making an investment decision.

Please consult the corresponding information in the prospectus for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.

DISCLAIMER FOR THE SALE of non-US funds to US investors

Limitations on Sale

The shares issued for this Investment Fund may only be publicly offered or sold in countries in which such a public offer or sale is permitted. Therefore, unless the Management Company or representatives of the Management Company have filed an application with the local supervisory authorities and permission has been granted by the local supervisory authorities, and as long as no such application has been filed or no such permission granted by the supervisory authorities, this prospectus does not represent an offer to buy investment shares.

The shares have not been and will not be registered pursuant to the 1933 United States Securities Act as amended (hereinafter the "Securities Act of 1933") or pursuant to the securities regulations of a state or other public entity of the United States of America or its territories, possessions or other areas subject to its sovereignty, including the Commonwealth of Puerto Rico (hereinafter collectively designated as the "United States").

The shares may not be publicly offered, sold, or otherwise transferred in the United States. The shares are being offered and sold on the basis of an exemption from registration pursuant to Regulation S of the Securities Act of 1933. The Management Company and the Investment Fund have not been and will not be registered pursuant to the 1940 United States Investment Company Act as amended, or pursuant to any other US federal laws. Therefore, the shares will not be publicly offered or sold in the United States or to or for the account of US citizens (in the sense of the definition for the purposes of US federal laws governing securities, goods, and taxes, including Regulation S of the United States Securities Act of 1933 – hereinafter collectively referred to as "US citizens"). Subsequent transfers of shares to the United States or to US citizens are prohibited.

The shares have not been admitted for sale or public offering by the US Securities and Exchange Commission (hereinafter designated as the "SEC") or any other supervisory authority in the United States, and no application for admittance for sale or public offering has been rejected by the SEC or any other supervisory authority in the United States; furthermore, neither the SEC nor any other supervisory authority in the United States has released an opinion on the correctness and appropriateness of this prospectus or the advantages of the fund shares. The United States Commodity Futures Trading Commission has neither examined nor approved this document or any other sales documents for the Management Company or the Investment Fund.

No party is authorised to provide information or make assurances that are not contained in the prospectus or in the documents referred to in the prospectus. These documents are available to the public at the domicile of the Management Company.

This prospectus may not be circulated in the United States.

Investors who are Restricted Persons pursuant to US Regulation No. 2790 of the National Association of Securities Dealers (NASD 2790) must immediately report any investments in funds from the Management Company.