Raiffeisen EURO BOND: Want higher returns with low risk? It's possible!
Want higher returns? Want to save in euros? Raiffeisen EURO BOND, a fund designed for medium-term investment, is for you.
Key info
Raiffeisen EURO BOND intended for customers who prefer savings in Euro currency and intend to save in the medium term (from 1 to 3 years) and in that period require a higher
yield compared to the Raiffeisen CASH Fund and for whom the investment objective of the Raiffeisen EURO BOND Fund matches. Besides potential growth of investments in the Fund, the customers have to be ready to cope with moderate fluctuations of the value due to the changes of interest rates and related possible losses.
| Type of fund: | Bond fund |
| Investment goal: | Earning a higher yield than the interest earned on a medium-term bank deposit denominated in EUR |
| Whom the fund is intended for: | To the investors looking for a moderate yield from interest and price increase in a medium term, investing in debt securities and simultaneously being ready to assume moderate risk. |
| Minimum initial investment: | BAM 500.00 |
| Minimum amount of each next investment: | BAM 100.00 |
| Minimum payments under an investment scheme*: |
* U slučaju odabira investicijskog plana, podnosilac Zahtjeva vrši višekratne periodične uplate prema unaprijed definisanim iznosima (trajni nalog). |
| Entry fee: | 0,00% |
| Exit fee: |
0.00% for the investments longer than six months |
| Management fee: | A maximum of 1.50% per year of the Fund's total assets. |
Investment information
Fund's investment goal
is to achieve a higher yield than the interest earned on a medium-term bank
deposit denominated in EUR. Fund strives to achieve the Investment Goal by
achieving a stable increase in the value of the shares in the medium term
through investing the Fund's assets mainly in debt securities and other
financial instruments in accordance with the law and investment restrictions
specified in this Prospectus. Given the investment goal, this is a bond fund.
The Fund's assets shall be invested in the following instruments:
Bonds, money market
instruments, investment funds which predominantly invest into fixed-income
instruments in Bosnia and Herzegovina (FBiH and RS), other CEFTA member states,
EU member states and other OECD member states up to 100% of the Fund's net assets.
The Fund may invest more than 35% of the Fund's net assets in financial
instruments issued or backed by Bosnia and Herzegovina, the Federation of
Bosnia and Herzegovina, Republika Srpska or units of local and regional
self-government in FBiH and RS, or by the Central Bank of Bosnia and
Herzegovina, a member state, CEFTA member state or OECD member state (in line
with legal terms and conditions);
Investment funds that mainly invest in financial instruments with a fixed yield in Bosnia and Herzegovina, other CEFTA member countries, EU member states, and other OECD
member countries, up to 30% of the Fund's net assets;
Deposits in financial institutions and money in the Fund's accounts, up to 50% of the Fund's net assets, repo agreements on sale and repurchase, up to 30% of the Fund's net
assets; The Fund's currency exposure in BAM and EUR amounts to a minimum of 90%
of the fund's net value, of which according to EUR min 51% of the net value of
the fund;
Exceptionally, in some periods, the share of cash and deposit funds can be higher than 50% due to the portfolio restructuring or amortisation of effects of possible drop of
securities’ prices.
The Fund will no be exposed to the share market.
Details about value and structure of the units are available here>