Investment company:

Erste Asset Management GmbH

A-1100 Wien, Am Belvedere 1
Tel: +43 (0)50 100 19881
Fax: +43 (0)50 100 9 19881
E-Mail: office@erste-am.com
Internet: www.erste-am.com

Austria

Tel.: +43 50 100 19881
Fax: +43 50 100 9 19881
E-mail: office@erste-am.com
Website: www.erste-am.com

Commercial register court: Vienna Commercial Court

Number in the Austrian Commercial Register: FN 102018b

VAT ID number: ATU 15355700
DVR (data processing register) number: 4012567
Bank code: 76263

 

Branch office of the investment company in the Czech Republic:

Erste Asset Management GmbH, Czech Republic branch

 

Registered office of the branch and contact details:

Budějovická 1518/13a, Praha 4, 140 00

Czech Republic

Tel.: +420 800 468 378

Fax: +420 222 180 140

E-mail: erste-am@erste-am.cz

Website: http://www.erste-am.cz/

Entered in the Commercial Register of Prague Municipal Court

Section A, file 77100

Identification number: 041 07 128

VAT ID number: in registration

Certificate of incorporation:

https://or.justice.cz/ias/ui/rejstrik-firma.vysledky?subjektId=899005&typ=PLATNY

 

The investment company Erste Asset Management GmbH (“EAM”) coordinates all activities relating to the management of investment products within Erste Group. It is represented in Austria, the Czech Republic, Germany, Croatia, Romania, Slovakia and Hungary via its subsidiaries and branch offices.

In Austria, EAM works closely with its subsidiaries ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and RINGTURM Kapitalanlagegesellschaft m.b.H. These subsidiaries manage their own investment funds and provide each other with management and administration services for mutual funds. All the mutual funds set up and managed in Austria are governed by Austrian legislation. More information about the funds available and a profile of individual investment products can be found online at http://www.erste-am.com/[PR1] .

 [PR1]Für AT löschen

Business purpose of the investment company EAM:

  • Managing and administering investment funds in accordance with the Austrian Investment Fund Act 2011 (InvFG 2011) as amended – licensed in accordance with § 1 (1) no. 13 of the Austrian Banking Act (BWG)
  • Providing investment advice on financial instruments (in accordance with § 3 (2) no. 1 of the Austrian Securities Supervision Act 2007 (WAG 2007))
  • Managing individual portfolios for specific clients (§ 3 (2) no. 2 WAG 2007)
  • Managing and administering 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
  • Providing supplementary services: custody and technical administration of units or shares in collective investment undertakings (§ 4 (4) no. 2 AIFMG)

In accordance with Art. 16 UCITSD and Art. 33 AIFMD and by virtue of its European fund passport, Erste Asset Management GmbH is authorised to manage investment funds in the Czech Republic via its branch office.

Business purpose of the subsidiary of the investment company Erste Asset Management GmbH, Czech Republic branch:

  • Managing and administering standard 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

Supervisory authority in Austria:

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

Supervisory authority in the Czech Republic for the management and administration of investment funds named on the list maintained by the Czech National Bank:

 

Czech National Bank (CNB)

Na Příkopě 28

CZ 115 03 Prague 1

Website: www.cnb.cz

The investment company is affiliated to the following chambers:

Austrian Economic Chambers
Austrian Bankers’ Association

 

Executive bodies:

Statutory directors of the investment company:

Mag. Heinz BEDNAR
Mag. Winfried BUCHBAUER
Mag. Peter KARL
Mag. Wolfgang TRAINDL

Branch manager in the Czech Republic:

Ing. Martin ŘEZÁČ

Supervisory board of the investment company:

Mag. Rudolf SAGMEISTER (chairman)
Mag. Thomas SCHAUFLER (chairman)
Martin CECH (member)
Nicole WEINHENGST (member)
Ing. Heinrich Hubert REINER (member)
Peter RIEDERER (member)
Mag. Manfred ZOUREK (member)
Mag. Harald GASSER (member
Mag. Gerhard GRABNER (member)
Oswald HUBER (member)
MMag. Ingo BLEIER (member)
Radovan JELASITY (member)
Dr. Martin SIMHANDL (member)
Mag. Robert LASSHOFER (member)

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

Shareholders:

Shareholders

As of March 2018

Memberships:
As a member of the Association of Austrian Investment Companies, EAM is subject to the “Code of Conduct of the Austrian Investment Fund Industry 2012”.

EAM is a member of the Czech Capital Market Association.

Website: www.akatcr.cz

Basic content of the website:

  • Presentation of funds offered by EAM and the entire EAM investment group
  • Information and links to the services provided by EAM and ERSTE Group
  • Information on investment funds, securities, the capital markets and investing

Technical implementation of the website:
In partnership with IT Solutions.

VAs of:

March 2018

 

DISCLAIMER


The investment company Erste Asset Management GmbH (“EAM”) is responsible for the content of this website.

EAM continuously checks and updates information on its website and makes every effort to ensure that data is collected with the greatest possible care. Although EAM checks published information on an ongoing basis, it cannot accept any liability or guarantee for the information or information sources provided being up to date, correct, complete or always available.

The same applies to all other websites to which links are provided. EAM is not responsible for the content of websites visited by following these links.

EAM reserves the right to amend or add information at any time.

Information on this website may relate to products of other ERSTE Group companies. You can find further details in the underlying documentation for each product.

The content of EAM’s website is designed solely for information purposes and does not represent an invitation to sign a contract or a buy or sell recommendation. Statements intended for information only are no substitute for individual advice on investment, tax or other matters. No actual investments should be made without consulting a specialist.

The content and design of EAM’s website are protected by copyright. The copying of information or data requires EAM’s prior consent, particularly where the use of texts, sections of texts or images is involved.

EAM accepts no liability whatsoever for losses or damage of any kind (including consequential or indirect damage or loss of earnings) that may arise out of or in connection with accessing this website; accessing, using or consulting their content; links created to websites or URLs of other operators; or the unavailability of the EAM website.

Printing errors and mistakes reserved.

Languages:

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

In accordance with the regulations applicable to collective investment undertakings, EAM hereby draws attention to the fact that the current performance of a mutual fund is no guarantee of its performance in the future. The value of a fund unit is inherently unstable and may change depending on fluctuations in the value of individual components of the mutual fund assets. The value of unit certificates and the return generated therefrom may both rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. Past performance figures take into account the fees, commission and taxes associated with management of the fund. They do not include any initial or redemption fees that may be charged in conjunction with the distribution of units. For this reason, you may receive less than you originally invested when you redeem your units. Before making any investments, anyone interested in investing in mutual funds should consult the current fund rules and the applicable key information (Key Investor Information Document or KIID) respectively in the case of Austrian investment funds, the current prospectus and the “Information for Investors pursuant to § 21 AIFMG”, especially the risk notice contained therein. Investors must always consider their own financial situation, attitude to risk and investment objective before opting for a specific fund.

The information published on this website is intended as supplementary information for investors and is based on the knowledge of the staff responsible for preparing it at the time of publication. Our analyses and conclusions are of a general nature and do not take into account the individual needs of our investors regarding their returns, tax situation or risk. Past performance is not a reliable indicator of the future performance of a fund.

All information contained herein is for information purposes only and is not intended to replace the fund rules, the prospectus or the “Information for Investors pursuant to § 21 AIFMG” or to provide a complete synopsis thereof.

Information and similar material relating to the units of open-end mutual funds listed on this website is published by EAM. The individuals involved in the production of such material do not benefit financially from these investment instruments.

The following applies to mutual funds domiciled in the Czech Republic:

Mutual funds are deemed to have been set up on the date they are entered on the Czech National Bank’s list of such funds.

The documents underlying the mutual funds being offered are the fund rules. In accordance with Decree no. 246/2013 Coll. on the fund rules of collective investment funds, this sets out the fund’s investment strategy, the risks associated with investing in the fund, its management principles, the schedule of fees and how proceeds are handled.

Customers of collective investment funds (UCITS and alternative funds) may consult a document summarising the basic characteristics of the collective investment fund. Investors require this Key Investor Information Document (KIID) in order to make a detailed assessment of the nature of and risks involved in investments. This document is prepared in accordance with Commission Regulation (EU) No. 583/2010 for UCITS funds and in accordance with Decree no. 242/2013 Coll. for alternative funds.

The fund rules of investment funds and the KIIDs are available in electronic form on the websites http://www.erste-am.cz and www.investicnicentrum.cz and in hardcopy form from the registered office of EAM’s branch in the Czech Republic and from the offices of České spořitelna, a.s.

As management company and fund administrator, EAM serves as the issuer of units in the open-end mutual funds and provides the input required to prepare information material.

The methods and principles used to evaluate financial instruments are governed by Decree no. 244/2013 Coll. and by the Czech Act on Investment Companies and Investment Funds for a more detailed regulation of certain provisions.

Investment funds set up, managed and administered in the Czech Republic are regulated by the Czech National Bank.

České spořitelna, a.s. is a distributor of units in open-end mutual funds and serves as custodian for these funds.

The following applies to mutual funds domiciled in Austria:

The mutual funds are managed by Erste Asset Management GmbH or ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. or RINGTURM Kapitalanlagegesellschaft m.b.H. The relevant investment company is responsible for providing information. The methods and principles used to evaluate financial instruments are governed by the Austrian Investment Fund Act 2011 (“InvFG 2011”).

The Austrian bank Erste Group Bank AG serves as custodian.

 Česká spořitelna, a.s. distributes these mutual funds in the Czech Republic.

Erste Asset Management GmbH, ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., RINGTURM Kapitalanlagegesellschaft m.b.H. and Česká spořitelna, a.s. are group companies of the Erste Bank Group.

The prospectus for UCITS (as amended) has been prepared in accordance with the relevant provisions of the InvFG 2011 as amended and published in the Austrian newspaper “Amtsblatt zur Wiener Zeitung”. The “Information for Investors pursuant to § 21 AIFMG” has been devised for alternative investment funds in accordance with the Austrian Alternative Investment Fund Managers Act (“AIFMG”) in conjunction with the InvFG 2011.

The prospectus, the “Information for Investors pursuant to § 21 AIFMG” and the KIID as amended may be downloaded from the website www.erste-am.cz and interested parties may obtain free copies from the registered office of several management companies, most notably the custodian. The website www.erste-am.cz also provides information on the exact date of the most recent publication of the prospectus, the languages in which the KIID is available and any additional locations where the documents can be obtained.

The prospectus and the “Information for Investors pursuant to § 21 AIFMG” contain information on the restrictions on the sale of fund units to US citizens.

EAM analyses investment fund performance using the so-called OeKB method, i.e. excluding initial and redemption fees. An investment fund’s performance is given as a percentage with dividends reinvested.