ERSTE-SPARINVEST KAG

Fund Company

ERSTE-SPARINVEST KAG - http://www.sparinvest.com
 
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. 

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.
 

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