Bonds

The most important bond categories from one provider

Bond investments come with a long tradition at Erste Asset Management. As early as 1965 we started to offer bond strategies. Today our range of products contains investment solutions for the most important bond classes such as government bonds, corporate bonds, high-yield bonds, and money market strategies. This asset class makes up about 32 percent of all assets managed by Erste Asset Management. Our total AuM amounted to EUR 61.11bn. (06/30/2018)

Asset Classes

Our approach

We are convinced that a positive surplus value can only be achieved on the basis of active management. Our philosophy of active management consists of an in-depth understanding of the market, analytical thoroughness, and a culture of teamwork. Therefore at Erste Asset Management a team of more than 30 specialists takes care of the investments. The tasks in a fund or a mandate are assigned to individual team members according to functional area, such as for example portfolio construction or active management.

  • Traceable decision-making
  • Clearly defined areas of tasks and responsibility

Our strengths

We have been active on the bond market for many years and have developed a deep understanding of the market. This helps us develop individual, tailor-made solutions for the various fixed income asset classes on the basis of different methods and strategies.

  • Years of expertise
  • Experienced bond managers for all important asset classes
  • Pioneer in emerging markets bonds

Our products

Erste Asset Management offers access to the most important bond classes on a one-stop-shop basis. We offer our conservatively managed strategies to investors either as investment funds or as individual solutions. With our pure-play modules we develop tailor-made solutions for their investment needs.

  • Global and emerging Europe government bonds
  • Corporate bonds: investment grade, hard currency, local currency
  • High-yield corporate bonds
  • Money market

ERSTE BOND EMERGING MARKETS CORPORATE

Companies from emerging markets count among the most dynamic ones worldwide. Their comparatively high economic growth is increasingly financed through global bond markets. The ERSTE BOND EMERGING MARKETS CORPORATE is a UCITS compliant fund that invests in corporate bonds from emerging markets. At least 90 percent of the fund´s asset are denominated in hard currencies or hedged against exchange rate fluctuations.

Please see the legal risk notes at the end of this page.

"The emerging markets corporate bond segment has matured in the past years, but continues to offer attractive spreads.”

Peter Varga, Fund manager

ESPA BOND EURO CORPORATE

The ESPA BOND EURO-CORPORATE fund invests primarily in euro-denominated corporate bonds of European issuers. The credit rating of the fund's bonds is primarily investment grade. A small amount of the fund´s assets can be invested into bonds denominated in other currencies, where any arising currency risks, are hedged against the euro.

Please see the legal risk notes at the end of this page.

ESPA BOND CORPORATE BB

The ESPA BOND CORPORATE BB fund invests in corporate bonds of international issuers with a "BB" rating. Through an active selection of securities and a wide range of companies and sectors, the portfolio is broadly diversified. Any currency risks are hedged against the euro.

Please see the legal risk notes at the end of this page.

Contact us

You have questions? We are looking forward to hearing from you.

Disclaimer

This document is an advertisement. All data is sourced from Erste Asset Management GmbH, unless indicated otherwise. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.

The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the  web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to § 21 AIFMG, especially the risk notices they contain, before making an investment decision.

Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 21 AIFMG for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.