Gutmann CZK Bonds is a bond fund focused on generating steady returns in Czech Koruna by primarily investing in CZK-denominated assets. The portfolio consists mainly of bonds issued by European and international governments and companies, targeting an average maturity of four to twelve years. Additionally, up to 40% of the fund can be allocated to short-term money market instruments and deposits with maturities of up to one year. The fund aims for investment-grade ratings and maintains a diversified approach without concentrating on specific industries, allowing for flexibility in its investments.