Description of the fund

Open-ended, public bond fund

• Registration: 23/02/2024
• Net asset value per unit, Series “A” (29 July 2024): HUF 1.014196
• Net asset value per unit, Series “U” (29 July 2024): HUF 1.036185
• ISIN: Series “A”: HU0000734918, Series “U”: HU0000734181

In order to ensure the Fund's actively managed and highly diversified, cautious bond market strategy, the Asset Management Company invests the Fund's capital primarily in government securities, floating rate bonds and other debt securities – and bank deposits – with lower interest rate risk. In addition to the specified assets, the Fund may also invest up to a certain limit in securities guaranteed by the Hungarian State. The Fund has interest rate risk. The Fund primarily targets the domestic money and bond markets, but under certain market conditions foreign money and bond market instruments may also represent a significant weight in the Fund's investments. Investment units can be bought and redeemed every business day.

The Fund aims to provide investors with returns above those available from low-risk, short-term bonds and bank deposits over a longer time horizon, with low risk exposure.

Who is it for?

We recommend it for investors who do not plan to redeem their investment units within 1 year and who have a low risk profile.

Risk level

This product is classified as class 2 out of 7 classes, which is a low risk class.