Description of the fund

Open-ended, public equity fund

• Registration: 23/02/2024
• Net asset value per unit, Series “A” (29 July 2024): HUF 1.038408
• Net asset value per unit, Series “U” (29 July 2024): HUF 1.068739
• ISIN: Series “A”: HU0000734900, Series “U”: HU0000734207

In its operational activities, the Fund qualifies as a financial product as per Article 8 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (SFDR), because it promotes environmental and social characteristics, and the companies selected for investment follow good corporate governance practices. The Fund aims to maximise long-term capital growth for its investors by exploiting the opportunities in the US equity markets, across multiple asset classes, through a well-diversified portfolio of predominantly equity investments, while promoting environmental (e.g. climate change mitigation) and social characteristics.

The Fund seeks to achieve its objectives through the purchase of exchange-traded investment units representing the US equity market, based on a model portfolio established by the Asset Management Company. The portfolio may also include individual equity exposures at the discretion of the Asset Management Company. Similarly, it may contain collective or individual bond investments up to 20%, with no territorial restrictions. The Fund Manager is not allowed to enter into derivative contracts, so the Fund is exposed to currency risk on an ongoing basis.

Who is it for?

We recommend it for investors who do not plan to redeem their investment units within 3 years and who have a medium-high risk profile.

Risk level

This product is classified as class 5 out of 7 classes, which is a medium-high risk class.