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ESPA VINIS STOCK EUROPE EMERGINGSustainability oriented equities from Central- and Eastern EuropeStatus at 06/30/2010
Investment features
ESPA VINIS STOCK EUROPE EMERGING is an actively managed equity fund that invests in the CEE region as well as, to a lesser degree, Austrian shares with strong CEE exposure. The active focus is based on economic criteria complemented by aspects of sustainability. The regional focus is on the new EU member states (Poland, Czech Republic, Slovakia, Hungary, Slovenia, Estonia, Latvia, Lithuania, Romania, Bulgaria), Russia, the former CIS states, and potential EU candidates (e.g. Croatia and Turkey). Commodities and infrastructure are the main sectors and themes.
This is an advertisement. Unless otherwise noted, data source ERSTE-SPARINVEST KAG. Our languages of communication are German and English. The latest version of the Prospectus (and any changes thereto) has been published in the “Amtsblatt zur Wiener Zeitung”, in accordance with the provisions of the Austrian Investmentfondsgesetz [Investment Funds Act]. Copies are available free of charge to interested parties at the registered offices of both ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Group Bank AG (the custody bank). The most recent publication date and details of any other collection offices are published on the ERSTE-SPARINVEST KAG website (www.sparinvest.com). This document serves to provide additional information to our investors and reflects the knowledge of its authors at the time of going to press. Our analyses and conclusions are of a general nature and do not take into account the personal needs of our investors in terms of income, fiscal situation or attitude to risk. It should be noted that past performance is not a reliable indicator of the future performance of a fund.
Fund key data
Dividend02.05.
Base currencyEUR
Fund volume6,815,351.88
Fund accounting year01.02. to 31.01.
Day of first issue06/10/2008
Sales authorisationAT,CH,DE
Management fee1.80 % p.a.
Recommended holding periodIII
Investor experienceD - E
Investor risk tolerance9
Contactansprechpartner@sparinvest.com
Share certificates
TypeISINCurrencyNet asset valueInitial charge
A.AT0000A09YK5 EUR75.865.00%
T.AT0000A09YL3 EUR76.645.00%
T.C.AT0000A09YM1 EUR76.645.00%
VT.AT0000A0AUJ9 EUR76.645.00%
Performance according to OeKB (Oesterreichische Kontrollbank AG) (in %, p.a.) (Reporting date: 06/30/2010)
Currency1 Year3 Years5 Years10 YearsBeginning of
the year *		Inception
EUR29.73   -1.46-12.14
* absolute
Annual performance (in %, in fund base currency)
Year20082009
Performance    -49.88 55.19
Benefits for investorInvestment with “good conscience” and with the chance of high gains due to investment in an emerging region
broadly diversified investments in the entire CEE region even with small amounts
fund unit certificates can be sold any time
benefits from the “cost averaging” principle through savings plans (Capitalplan)
Please note- Price fluctuations at an above average level possible
- Foreign currency fluctuations may affect the fund
Performance
Performance (incl. distribution of dividends) between 06/10/2008 and 06/30/2010