ERSTE BOND DANUBIA VT HUF

The fund focuses on government bonds from Central and Eastern Europe EU member states such as Poland, Hungary, and the Czech Republic, as well as other issuers from the region. It aims to achieve regular income and capital appreciation from convergence.

The fund is exposed to government bonds in local currency and hard currency issues (euros, US dollars hedged against the euro) from Central and Eastern Europe. It includes countries like Poland, Hungary, the Czech Republic, Turkey, and the former Soviet Republics. Temporary currency hedges are made against the euro depending on the market environment.

Risks associated with this fund include potential losses due to rising interest rates, negative impact from currency fluctuations on the net asset value, increased risk from bonds with average or low credit ratings, and the possibility of capital loss due to changes in credit ratings or political environments of individual countries.

https://www.erste-am.de/de/institutionelle-anleger/factsheet/erste-bond-danubia/AT0000831409