ERSTE-SPARINVEST was founded in 1965 and is the number-one source for the client's personal investment funds in line with the Austrian Investment Fund Act. With over 45 years spent building deep, long-lasting relationships with customers, partners and employees, ERSTE-SPARINVEST stands for experience, innovation and quality. Their activities are characterised by the special care they take in all investment processes, by their sustainable thinking and investing, and by the fact that they discern interesting trends and incorporate them into their funds. ERSTE-SPARINVEST is backed by the financial strength of Erste Group Bank AG and the Austrian Sparkassen group. Erste Group is one of the largest financial service providers in Central Europe, with 17.5 million customers and around 150 employees who serve their customers and sales partners in Austria and other markets throughout Europe. Their funds are registered for sale in Austria as well as in Germany, Italy, Croatia, Romania, Switzerland, Serbia, Slovakia, Slovenia, Spain, the Czech Republic and Hungary.Â
The shareholder structure is composed as follows:
- 81.48% Erste Asset Management
- 15.65% Various Austrian Sparkassen
- 2.87% DekaBank Deutsche Girozentrale
Market Leader for Retail Funds
ERSTE-SPARINVEST has the largest volume of assets under management within Erste Asset Management GmbH. Oesterreichische Kontrollbank (OeKB) reported a fund volume of EUR 23.6 billion for 2011 (as of 29 December 2011). ERSTE-SPARINVEST is the second-largest investment firm in Austria, with a market share of 17.6%. Of its assets under management, roughly EUR 10 billion are in funds for large-scale investors and special-purpose funds, and nearly EUR 14 billion are in retail funds. ERSTE-SPARINVEST has been at the head of the pack in retail funds for years. The market share in this segment was 23% in 2011.
"Number two" among large scale investors
The development of assets under management among institutional investors was positively influenced by the acquisition of mandates from pension funds, foundations, industrial companies and employee benefit funds. ERSTE-SPARINVEST took second place in OeKB?s ranking of assets under management in funds for large-scale investors/special-purpose funds, with a fund volume of roughly EUR 10 billion in this segment (as of 29 December 2011).
Core Competences: bond funds, emerging markets and sustainable investments
ERSTE-SPARINVEST's funds cover a wide array of investment vehicles. The company manages the funds itself for the most part, but they also cooperate with international investment companies, which makes them well connected to the international world of finance. Erste possess special expertise in bond funds, emerging market funds (with a focus on Central and Eastern Europe) and sustainable investment funds.
The focuses of ERSTE-SPARINVEST's fund management lie in:
- Fund and asset management for private investors and institutional investors
- Asset allocation strategies (funds with absolute yield targets and benchmark-oriented funds)
- Bond management with a focus on the Eurozone (everything from money market funds to high-yield funds)
- Equity and bond funds with a focus on Central and Eastern Europe
- Funds managed according to ethical/sustainable principles (SRI)
- Portfolio management
- Local specialties (local Central and Eastern European funds, tax-optimised products, special mandates)
- A comprehensive range of products for private investors
Fully committed to transparency and quality
ERSTE-SPARINVEST also underwent an assessment of the company as a whole by the international rating agency RCP Partner, and it was rated "very good" (AA-). Since 2003, ERSTE-SPARINVEST has had one more performance diploma to boast of: The auditing firm Deloitte & Touche assessed and confirmed the company's compliance with the Global Investment Performance Standards (GIPS). This guarantees investors uniform, fair and comparable reporting on performance and full disclosure on a company-wide basis. Â
Development of fund volumes at year-end |
|
(in millions of euros, source: OeKB) |
2011 |
2010 |
2009 |
Total fund volume |
23,62 |
26,68 |
26,91 |
Equity fund volume |
3,88 |
5,28 |
4,10 |
Money market fund volume |
0,60 |
1,60 |
2,17 |
Umbrella hedge fund volume |
0,11 |
0,19 |
0,26 |
Mixed fund volume |
5,82 |
5,60 |
5,36 |
Alternative fund volume |
0,55 |
0,56 |
0,64 |
Bond fund volume |
12,67 |
13,46 |
14,12 |
Retail fund volume |
13,65 |
16,02 |
18,49 |
Institutional fund volume |
9,97 |
11,66 |
10,67 |
Awards to grow by
ERSTE-SPARINVEST's funds make very profitable investments. They are evaluated by international rating agencies on an ongoing basis and achieve top marks in various fund comparisons year after year. And 2011 was no exception, with a number of notable achievements to celebrate. ERSTE-SPARINVEST came in third in the category of Best Large Fixed-Interest Fund House in the Morningstar Fund Awards Germany, which means that this Austrian company beat out roughly 140 international fund companies that were evaluated. This assessment was underscored by the Feri EuroRating Awards, where they were nominated as one of the top five asset managers in the Bonds category in Austria and Germany.
Company |
Fund Name |
ISIN |
Currency |
Inception Date |
Rating |
Risk |
Profile |
ERSTE-SPARINVEST KAG |
ADG Abs Ret Em Mkt Miteig.Ant Cap |
AT0000495239 |
EUR |
01/06/2005 |
5 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Protect new Europe Cap |
AT0000497128 |
EUR |
07/11/2005 |
NULL |
NULL |
N/A |
ERSTE-SPARINVEST KAG |
FTC Gideon I Cap |
AT0000499785 |
EUR |
16/01/2006 |
NULL |
NULL |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Brick |
AT0000506316 |
EUR |
29/12/2005 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Bric Cap |
AT0000506324 |
EUR |
29/12/2005 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Property VT EUR |
AT0000613617 |
EUR |
20/12/2004 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Property VT CZK |
AT0000613625 |
CZK |
21/12/2004 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Cash Asset Backed Dis |
AT0000626023 |
EUR |
08/06/2004 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Cash Asset Backed Cap |
AT0000626031 |
EUR |
08/06/2004 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Active A |
AT0000626817 |
EUR |
01/03/2004 |
2 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Active - T Cap |
AT0000626825 |
EUR |
01/03/2004 |
2 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Japan VT CZK |
AT0000633292 |
CZK |
16/04/2004 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Japan Fund - A |
AT0000639059 |
EUR |
01/09/2003 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Japan VT EUR |
AT0000639067 |
EUR |
01/09/2003 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock America VT CZK |
AT0000639463 |
CZK |
23/06/2003 |
2 |
High |
Investment in US-stocks with focus on S&P 100-large stocks with high profit growth. |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Emerg. VT CZK |
AT0000639471 |
CZK |
23/06/2003 |
2 |
Medium |
ESPA STOCK EUROPE-EMERGING’s investment objective is to achieve high value growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
ESPA Stock Global VT CZK |
AT0000639497 |
CZK |
23/06/2003 |
2 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Vorsorge Gold /03 |
AT0000640164 |
EUR |
01/07/2003 |
1 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
ESPA VINIS Stock Europe Cap |
AT0000645973 |
EUR |
06/06/2003 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA VINIS Stock Glbl Cap |
AT0000646799 |
EUR |
11/07/2003 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Vorsorge Gold /03 Fund - T Cap |
AT0000647284 |
EUR |
10/06/2003 |
1 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Value - A |
AT0000659230 |
EUR |
11/11/2002 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Value Fd - T Cap |
AT0000659248 |
EUR |
11/11/2002 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Biotech VT |
AT0000673165 |
EUR |
23/09/2002 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Emerg. VT EUR |
AT0000673181 |
EUR |
23/09/2002 |
2 |
High |
ESPA STOCK EUROPE-EMERGING’s investment objective is to achieve high value growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
ESPA Stock Global VT EUR |
AT0000673314 |
EUR |
23/09/2002 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Pharma VT |
AT0000673348 |
EUR |
23/09/2002 |
4 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Techno (VT) |
AT0000673389 |
EUR |
23/09/2002 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Finance Fund - A |
AT0000679659 |
EUR |
22/04/2002 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Finance Fund - T Cap |
AT0000679667 |
EUR |
22/04/2002 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Global Emerging Mkts A |
AT0000680962 |
EUR |
22/04/2002 |
1 |
High |
Long-term increase in value The ESPA STOCK GLOBAL EMERGING-MARKETS fund (fund name until 2 May, 2006 : ESPA BEST OF EMERGING MARKETS) offers a simple way to participate in returns of the international emerging market stocks. Investments are placed in stocks of emerging markets like South-America, SE-Asia, Eastern Europe and Africa. This fund gives the investor an instrument to diversify his portfolio. |
ERSTE-SPARINVEST KAG |
ESPA Stock Global Emerg Mkts T Cap |
AT0000680970 |
EUR |
22/04/2002 |
1 |
High |
Long-term increase in value The ESPA STOCK GLOBAL EMERGING-MARKETS fund (fund name until 2 May, 2006 : ESPA BEST OF EMERGING MARKETS) offers a simple way to participate in returns of the international emerging market stocks. Investments are placed in stocks of emerging markets like South-America, SE-Asia, Eastern Europe and Africa. This fund gives the investor an instrument to diversify his portfolio. |
ERSTE-SPARINVEST KAG |
ESPA Stock Japan Fund - T Cap |
AT0000697073 |
EUR |
22/11/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of Europa - A |
AT0000703335 |
EUR |
06/08/2001 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of Europa - T Cap |
AT0000703343 |
EUR |
06/08/2001 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of Healthcare A Fund |
AT0000703368 |
EUR |
06/08/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of Healthcare - T Cap |
AT0000703376 |
EUR |
06/08/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of America A Fund |
AT0000703459 |
EUR |
06/08/2001 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of America - T Fund Cap |
AT0000703467 |
EUR |
06/08/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Istanbul Fund A |
AT0000704333 |
EUR |
14/08/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Istanbul (A) Fund Cap |
AT0000704341 |
EUR |
14/08/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA WWF Stock Umwelt Fund - A |
AT0000705660 |
EUR |
02/07/2001 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA WWF Stock Umwelt CAP |
AT0000705678 |
EUR |
02/07/2001 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA VINIS Stock Austria Cap |
AT0000706528 |
EUR |
08/04/2002 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of World - A |
AT0000707674 |
EUR |
21/05/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Best of World T Cap |
AT0000707682 |
EUR |
21/05/2001 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Property - A |
AT0000708334 |
EUR |
23/05/2001 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Property - T Cap |
AT0000708342 |
EUR |
23/05/2001 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
Advisory One T Cap |
AT0000737283 |
EUR |
28/06/2000 |
4 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Biotec - A |
AT0000746748 |
EUR |
17/04/2000 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Biotec - T Cap |
AT0000746755 |
EUR |
17/04/2000 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Pharma Fund - A |
AT0000746771 |
EUR |
16/04/2000 |
4 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Pharma Fund - T Cap |
AT0000746789 |
EUR |
16/04/2000 |
4 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Techno Fund - T Cap |
AT0000753504 |
EUR |
15/03/2000 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Techno Fund - A |
AT0000754262 |
EUR |
15/03/2000 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
Donau Star Fonds T Cap |
AT0000767652 |
EUR |
06/09/1999 |
3 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
Donau Star Fonds A |
AT0000768288 |
EUR |
06/09/1999 |
3 |
Low |
N/A |
ERSTE-SPARINVEST KAG |
Erste Interbond G1 - A Fund |
AT0000802509 |
EUR |
04/05/1998 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock America - T Cap |
AT0000812862 |
USD |
15/10/1998 |
1 |
High |
Investment in US-stocks with focus on S&P 100-large stocks with high profit growth. |
ERSTE-SPARINVEST KAG |
ESPA Stock Global Fund - T Cap |
AT0000812870 |
EUR |
15/10/1998 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Eme - T Cap |
AT0000812938 |
EUR |
15/10/1998 |
2 |
High |
ESPA STOCK EUROPE-EMERGING’s investment objective is to achieve high value growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
Erste Interbond G1 - T Cap |
AT0000822416 |
EUR |
29/03/1999 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock America T EUR |
AT0000822655 |
EUR |
02/02/1999 |
1 |
High |
Investment in US-stocks with focus on S&P 100-large stocks with high profit growth. |
ERSTE-SPARINVEST KAG |
ESPA Stock America A EUR |
AT0000822812 |
EUR |
01/03/1990 |
1 |
High |
Investment in US-stocks with focus on S&P 100-large stocks with high profit growth. |
ERSTE-SPARINVEST KAG |
ESPA Stock Europe Eme A |
AT0000858428 |
EUR |
01/10/1990 |
2 |
High |
ESPA STOCK EUROPE-EMERGING’s investment objective is to achieve high value growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
ESPA Stock America - A |
AT0000858584 |
USD |
01/03/1990 |
1 |
High |
Investment in US-stocks with focus on S&P 100-large stocks with high profit growth. |
ERSTE-SPARINVEST KAG |
ESPA Stock Global Fund - A |
AT0000989645 |
EUR |
16/09/1996 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock new Europe Act Dis |
AT0000A009F2 |
EUR |
02/02/2006 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock new Europe Act Cap |
AT0000A009G0 |
EUR |
02/02/2006 |
3 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
Advisory One A Cap |
AT0000A00NC4 |
EUR |
03/04/2006 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Istanbul VT USD Cap |
AT0000A015E2 |
USD |
02/06/2006 |
2 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA VINIS Stock Glbl Dis |
AT0000A01GL7 |
EUR |
15/09/2006 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Commodities A Dis |
AT0000A01VR3 |
EUR |
17/07/2006 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Commodities T Cap |
AT0000A01VS1 |
EUR |
17/07/2006 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Commodities VT Cap |
AT0000A01VT9 |
EUR |
17/07/2006 |
4 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Garant BRIC Cap |
AT0000A02PV5 |
EUR |
14/11/2006 |
NULL |
NULL |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Asia Pacific Prop-T Cap |
AT0000A03MW8 |
EUR |
15/12/2006 |
2 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock New Consumer Dis |
AT0000A04D12 |
EUR |
01/02/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock New Consumer Cap |
AT0000A04D20 |
EUR |
01/02/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Middle East&African DIS |
AT0000A04GA4 |
EUR |
15/03/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Middle East&African CAP |
AT0000A04GB2 |
EUR |
15/03/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA WWF Stock Climate Change Dis |
AT0000A054G6 |
EUR |
02/05/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA WWF Stock Climate Change Cap |
AT0000A054H4 |
EUR |
02/05/2007 |
2 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock ASIA Infrastruct. A Dis |
AT0000A05S63 |
EUR |
18/06/2007 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock ASIA Infrastruct. T Dis |
AT0000A05S71 |
EUR |
18/06/2007 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Asia Infrastructure Cap |
AT0000A05S89 |
EUR |
18/06/2007 |
1 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Russia A Dis |
AT0000A05S97 |
EUR |
01/08/2007 |
3 |
Medium |
ESPA STOCK RUSSIA aims to achieve earnings growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
ESPA Stock Russia T Cap |
AT0000A05SA6 |
EUR |
01/08/2007 |
3 |
Medium |
ESPA STOCK RUSSIA aims to achieve earnings growth. In order to meet this objective, the fund buys and sells assets that are permitted according to the Austrian Investment Fund Act and the fund terms and conditions (securities, money market instruments, demand deposits, shares in other investment funds and financial instruments) within the framework of its investment policy and based on the fund manager’s assessment of economic conditions, the situation on the capital markets and the outlook on the stock exchanges. |
ERSTE-SPARINVEST KAG |
Advisory One VT Cap |
AT0000A062T2 |
EUR |
15/01/2008 |
3 |
High |
N/A |
ERSTE-SPARINVEST KAG |
ESPA Stock Adriatic T Cap |
AT0000A06QK7 |
EUR |
03/12/2007 |
1 |
Medium |
N/A |
ERSTE-SPARINVEST KAG |
FX Global T Cap |
AT0000A0DEQ2 |
EUR |
15/05/2009 |
NULL |
NULL |
N/A |
|