| Invests in the following assets: | Middle and longer term Hungarian government securities, corporate bonds and debentures. |
| Possible portfolio elements: | - Government securities;
- Other securities embodying credit relations;
- Derivative instruments to handle interest risk (futures registered on the stock exchange, options and forwards);
- Money market instruments (time deposits, repo and inverse repo deals);
- Investment units of other funds.
|
| Investment target: | To reach a competitive return compared to goverment securities meanwhile taking moderate risk. |
| Reference index: | 100% MAX - Hungarian Government Securities Total Return Index |
| Risk level: | Moderate risk |
| Risk factors: | The main source of the volatility of the unit price is the change of market interest rates (interest risk).There is close relation between the changes of the market interest rates and the investors judgement over Hungarian macroeconomic situation, monetary politics and other factors. In the case of the securities of the portfolio, there is a minimal counterpart risk. |
| Recommended minimum investment horizon: | 2 years |
| Inception | 01.24.1997. |
| Net asset value - 03-02-2012: | 6 518 197 063 HUF |
| ISIN code: | HU0000701834 |
| Custodian: | HVB Bank Hungary Zrt. |
| Auditor: | Deloitte Könyvvizsgáló és Tanácsadó Kft. |
Hungarian funds
