Responsible funds at a glance
Erste Asset Management recognized the importance of responsible fund management
early on. Over the course of the past decade we have developed and successfully
introduced a broad range of sustainable funds.
The following funds are available in line with Erste Asset Management’s "Responsible
Investment Approach".
Equity Funds
> ERSTE RESPONSIBLE STOCK GLOBAL
> ERSTE RESPONSIBLE STOCK EUROPE
> ERSTE RESPONSIBLE STOCK AUSTRIA
> ERSTE RESPONSIBLE STOCK EUROPE EMERGING
> ERSTE RESPONSIBLE STOCK AMERICA
Bond funds, mixed funds
> ERSTE RESPONSIBLE BOND EURO-CORPORATE
> ERSTE RESPONSIBLE BOND EMERGING CORPORATE
Microfinance funds
Equity Funds
Performance calculated according to the OeKB (Österreichische Kontrollbank AG) method, as of 31 July 2014. The management fee is
included in the performance. Subscription fees applicable at the time of purchase of up to 5.00% and other fees that may reduce returns,
such as individual account and deposit fees, are not included in this presentation. Past performance is not a reliable indicator of the future
performance of a fund. Please note that it is not possible to draw any conclusions on the volatility or risk of an investment from annualized
averages for multi-year periods. All funds are denominated in Euro.
* Renaming and shift of focus as of 8 April 2013 (former name: ESPA STOCK AMERICA)
** in USD
Bond funds, mixed funds
Performance calculated according to the OeKB (Österreichische Kontrollbank AG) method, as of 31 July 2014. The management fee is
included in the performance. Subscription fees applicable at the time of purchase of up to 5.00% and other fees that may reduce returns,
such as individual account and deposit fees, are not included in this presentation. Past performance is not a reliable indicator of the future
performance of a fund. Please note that it is not possible to draw any conclusions on the volatility or risk of an investment from annualized
averages for multi-year periods. All funds are denominated in Euro.
* formerly: ERSTE RESPONSIBLE LIQUID, renamed on 5 July 2013
** Fund inception during fiscal year, annual performance can therefore not be shown.
Microfinance funds
Performance calculated according to the OeKB (Österreichische Kontrollbank AG) method, as of 15 July 2014. The management fee is
included in performance. Subscription fees applicable at the time of purchase of up to 5.00% and other fees that may reduce returns, such as
individual account and deposit fees, are not included in this presentation. Past performance is not a reliable indicator of the future performance
of a fund. Please note that it is not possible to draw any conclusions on the volatility or risk of an investment from annualized averages for
multi-year periods. All funds are denominated in Euro.
Risk notes
A The ERSTE RESPONSIBLE STOCK EUROPE, ERSTE RESPONSIBLE STOCK AUSTRIA, ERSTE RESPONSIBLE STOCK EUROPE EMERGING, ERSTE
RESPONSIBLE STOCK AMERICA, ERSTE WWF STOCK CLIMATE CHANGE, and ERSTE WWF STOCK UMWELT funds may display increased volatility
due to the composition of the portfolio. As a result, share values may be subject to significant fluctuations even over short periods of time.
B The ERSTE RESPONSIBLE STOCK AUSTRIA fund is an index fund pursuant to Paragraph 128, section 5 line 1 in conjunction with Paragraph 75
of the InvFG 2011 (Investment Fund Act, Austria). The aim of the investment strategy is to emulate the VÖNIX (VBV Austrian Sustainability Index).
a) The ERSTE RESPONSIBLE BALANCED fund may invest significant amounts in investment funds (UCITS, UCIs) pursuant to Paragraph 71 of
the InvFG 2011 (Investment Fund Act, Austria).
x) The ERSTE RESPONSIBLE MICROFINANCE fund may invest significant amounts in investment funds (UCITS, UCIs) pursuant to Paragraph 7
line 1 of the InvFG 2011 (Investment Fund Act, Austria).
Warning pursuant to the InvFG 2011 (Investment Fund Act, Austria): The ERSTE RESPONSIBLE MICROFINANCE invests entirely inassets pursuant to Paragraph 166, Section 1 line 3 of the InvFG 2011 (Alternative Investments), which represent a higher investmentrisk compared to traditional investments. In particular, these investments may result in a loss or even a total loss of capital invested.
This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., Erste Asset Management GmbH,
and RINGTURM Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.
The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG
2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF)
administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., Erste Asset Management GmbH, and RINGTURM Kapitalanlagegesellschaft
m.b.H. pursuant to the provisions of the AIFMG in connection with the InvFG 2011.
The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions
at the web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the
domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, 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 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.
(Alexander Osojnik)