Český konzervativní

Fund performance

Daily data: 23. 6. 2022

Price of 1 unit certificate: 0,04462800 EUR
Equity: 8 347 473,73 EUR

Performance graph of the mutual fund in EUR

Move the cursor over the curve to show performance of the mutual fund on the relevant date. For a period of over 1 year, the fund’s performance is shown cumulatively.

Český konzervativní, o. p. f., IAD Investments, správ. spol., a.s.

Fund creation date: 9. 11. 2007

Past performance does not predict future returns.

Fund performance in EUR, 23. 6. 2022

Past performance does not predict future returns.

Basic information

Who is the fund for

The fund is intended for conservative investors who do not wish to be exposed to the exchange rate risk and wish to appreciate their funds in Czech crowns. We recommend it to investors who expect appreciation above standard bank products in CZK and wish to deposit their funds for three years and more.

Fund detail

Fund characteristics:

• Conservative bond fund with CZK as a reference currency
• For conservative investors
• Recommended investment horizon of over 3 years
• Capital protection is preferred to return maximisation
• Low market risk
• The fund invests in bonds (government, corporate and mortgage bonds) and financial market instruments (bills of exchange, treasury bills) with an emphasis on high rating of the issuer (investment security)
• Investments are made mainly in CZK
• The fund is regionally limited mainly to the Czech Republic, to a lesser extent to the rest of Europe.

Investment strategy:

The goal of the mutual fund is to ensure a stable return, without significant fluctuations in the horizon of more than 3 years. Due to its focus, the fund falls into the category of a bond mutual fund and invests primarily in government bonds of the Czech Republic, bonds of other entities issued in CZK, deposits in current accounts and deposit accounts with banks.

The focus of the investment policy is to invest the mutual fund’s assets mainly in transferable debt securities and money market instruments, in order to achieve appreciation through interest income from financial instruments as well as from the price appreciation of financial instruments in the recommended investment horizon. The mutual fund has a regional focus on the Czech Republic and no industry focus.

The mutual fund invests in financial derivatives in order to hedge the mutual fund’s assets against interest rate risk and in order to achieve an additional portfolio return. The mutual fund has an increased limit on corporate investments (concentration risk).

Factors influencing the development of the fund’s value are in particular:

General market risk, which means the risk of loss resulting from changes in the general level of market prices or interest rates.
Market risk means the risk of loss for a mutual fund resulting from a change in the market value of positions in the mutual fund caused by changes in variable market factors such as interest rates, foreign exchange rates, share prices or a deterioration in the creditworthiness of the issuer.
Economic growth of the economy in the countries to which the mutual fund’s investments will be directed. This type of risk has an average effect on the value of the share.
Specific market risk, which means the risk of loss resulting from a change in the price of only one issuer of a given financial instrument.
Currency risk arising from changes in currency exchange rates.
Interest rate risk arising from changes in interest rates.
The risk of an event due to unforeseeable circumstances that cause the market value of a financial instrument to decline suddenly or unexpectedly.