Zaistený - IAD depozitné konto

Fund performance

Basic information

Who is the fund for

The mutual fund is intended for conservative investors who prefer capital protection to risky maximisation of return. We recommend it to our clients who wish to deposit their funds in euro for a period of one to twelve months.

Fund detail

Fund characteristics:

• Short-term investment fund
• No entry and exit fees
• For conservative investors
• Return determined in advance (for 1 month)
• Investment horizon for a period of one to twelve months
• Capital protection is preferred to return maximisation
• Investments only in EUR
• Investments in money market instruments and short-term time deposits

Awards received:

Fund investment strategy:

The Management Company publishes the amount of the pre-determined income for the following period no later than on the last working day of the previous period. The objective of the investment policy is to achieve a return on the mutual fund’s assets determined in advance by the management company so that the achieved return does not fall below the specified minimum return in a specified period of at least one calendar month. The principle of management is to use financial instruments that provide a predefined fixed interest income and that will usually be held to maturity. The mutual fund’s performance will not be subject to exchange rate fluctuations. The mutual fund invests its assets exclusively in financial instruments denominated in EUR.

The development of the value of the fund’s assets is mainly due to:

Average impact:

General market risk arising from changes in the general level of market prices or interest rates.
Market risk arising from changes in the market value of positions in the mutual fund caused by changes in variable market factors, such as interest rates or a deterioration in the issuer’s creditworthiness.
Specific market risk arising from such a change in the price of only one issuer of the relevant financial instrument that is not related to changes in the general level of market prices or interest rates and is caused by factors related to the issuer of the relevant financial instrument and financial derivatives of the issuer of the relevant underlying instrument.
Interest rate risk arising from changes in interest rates and their impact on the value of mutual fund assets.
Credit risk arising from a debtor’s or other counterparty’s failure to meet its obligations under agreed terms; credit risk also includes government risk, concentration risk, trade settlement risk and counterparty risk.
The risk of an event due to unforeseeable circumstances that cause the market value of a financial instrument to decline suddenly or unexpectedly.