| Invests in the following assets: | Those stocks of the Hungarian and other Central-European (primarily Czech and Polish) stock markets that have strong growth potential. |
| Possible portfolio elements: | - Securities embodying credit relations:
- government securities (treasury bills, treasury bills paying interest, maximum 365-day maturity fix and changing interest paying treasury bonds)
- corporate bonds of Hungarian and foreign companies with excellent credit rating Stocks registered on the Budapest Stock Exchange, traded OTC in Hungary and those stocks of the CESI Index that are allowed by the Hungarian regulations. Derivative instruments (futures registered on the stock exchange, options and forwards) to hedge the currency, interest rate, stock price volatility and stock index fluctuation risks.
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| Investment target: | To outperform bond returns and to participate in the above-everage economic growth of the region. |
| Reference index: | 25,5% BUX, 34% WIG20, 25,5% PX50, 15% RMAX Index |
| Risk level: | Significant risk |
| Risk factors: | The judgement of the stock markets is profoundly influenced by the changes of the domestic and foreign macroeconomic environment. A common characteristic of the countries of the Central-European region is that they have entered the EU recently. Nevertheless, the political and economic evaluation of the different countries is diverse. Because of all that, one has to take into account the risks coming from the changes of the currency and interest rates of the different countries. Besides the macroeconomic factors, the individual risk coming from the operation of the individual companies can drastically affect the stock prices. |
| Recommended minimum investment horizon: | 3 years |
| Inception: | 01.13.1998. |
| Net asset value - 07-09-2010: | 6 137 512 158 HUF |
| ISIN code: | HU0000701891 |
| Custodian: | UniCredit Bank Hungary Zrt. |
| Auditor: | Deloitte Könyvvizsgáló és Tanácsadó Kft. |
Hungarian funds
