ERSTE RESPONSIBLE IMMOBILIENFONDS

Open-end real estate funds

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Data per /  NAV per: 31.05.2017 / 23.06.2017

Investment characteristic

The ERSTE RESPONSIBLE IMMOBILIENFONDS is an open retail fund as defined in the Austrian Real Estate Investment Fund Act and a Alternative Investment Fund (AIF) according to the Alternative Investment Fund Manager Directive (AIFMD). Suitable for the investment of trust money. The strategy of the fund is focused on the sustainability criteria of ERSTE Immobilien KAG. It therefore invests both in fully built and rented properties as well as in projects in Austria. The fund is in two infrastructure building invested. More information you will find on the website under "real estate portfolio".

Fund key facts

Fund assets EUR  99,94 Mio.
Day of first issue 03.10.2016
Fund financial year 01.10.  to  30.09.
Dividend payout date 15.12.
Registration for sale AT
Sales charge 2,00%
Redemption fee -
Management Fee up to2 0,75% 
Recommended holding period minimum 5 years
Custodian bank Erste Group Bank AG
Investment Company ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.
Contact service@ersteimmobilien.at

Share certificate type ISIN Currency NAV
Distributing share (A) AT0000A1LNT8 EUR 101,08
Accumulating share (T) AT0000A1LNU6 EUR 101,08

Performance1

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Unless explicitly noted otherwise, performance figures for periods of less than five years always start from the launch of the fund. Performance figures for periods of less than 12 months in particular are not indicative of a fund’s development due to their short-term nature.

Yearly performance annualized1

Currency Start of the fund* Start of the year* 1 year* 3 years 5 years 10 years
EUR 1,11 0,24

* absolut

1 Please note: Performance calculation according to OeKB (Oesterreichische Kontrollbank AG). The performance considers management fee up to 0,75% p.a. The subscription fee of max. 2,00% which has to be paid at time of purchase and other fees that reduce the return as well as of the individual account and deposit fees are not considered in the graph. Past performance is not a reliable indicator of the future performance of a fund. Please be aware of that performances shorter than 5 years are displayed since inception.

Unless explicitly noted otherwise, performance figures for periods of less than five years always start from the launch of the fund. Performance figures for periods of less than 12 months in particular are not indicative of a fund’s development due to their short-term nature.

Disclaimer

This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.
The “fund prospectus Information for Investors pursuant to § 21 AIFMG” (fund prospectus) and the simplified prospectus are prepared by ERSTE Immobilien KAG and published in “Amtsblatt zur Wiener Zeitung” in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013) in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.
The fund prospectus and the simplified prospectus can be viewed in their latest versions at the web site www.ersteimmobilien.at or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus and simplified prospectus, the languages in which the documents are available, and any additional locations where the documents can be obtained can be viewed on the web site www.ersteimmobilien.at.
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 entail risks in addition to the opportunities presented there. Errors and misprints excepted.
ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100 Wien

Advantages for the investor

  • Investment in tangible assets (land).
  • Performance regardless of stock exchange developments.
  • The fund is a solid addition to existing portfolios and provides an opportunity for long-term asset building.
  • No "foreign capital gains tax" für investors subject to limited tax liability.
  • Investments in accordance with the SME Promotion Act.
  • Risks to be considered

  • Real estate values may fall and have a negative effect on fund performance.
  • Tenants may vacate, and properties or parts of properties may stand empty, which can result in lower income as well as the suspension of dividend payments.
  • Investing in real estate funds may result in a capital loss.
  • The issue and redemption of fund units may be suspended in exceptional circumstances.
  • The recommended holding period is at least 5 years.
  • Disclaimer

    This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.
    The “fund prospectus Information for Investors pursuant to § 21 AIFMG” (fund prospectus) and the simplified prospectus are prepared by ERSTE Immobilien KAG and published in “Amtsblatt zur Wiener Zeitung” in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013) in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.
    The fund prospectus and the simplified prospectus can be viewed in their latest versions at the web site www.ersteimmobilien.at or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus and simplified prospectus, the languages in which the documents are available, and any additional locations where the documents can be obtained can be viewed on the web site www.ersteimmobilien.at.
    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 entail risks in addition to the opportunities presented there. Errors and misprints excepted.
    ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100 Wien