Imprint

Erste Asset Management Ltd.

Company headquarters and contact details:

H-1138 Budapest, Népfürdő st. 24-26. 9. floor, Hungary
Tel: +36 1 920 2193
Fax: +36 1 920 2199
E-mail: erstealapkezelo@erstealapkezelo.hu
Website: www.erstealapkezelo.hu Commercial register court: Fővárosi Bíróság
Commercial register number: 01-10-044157
Based in: Budapest
Licence number: III/100.017-18/2003

Licences

100.017/93

HFSA’s resolution on the approval of investment fund management activities

III/100.017-18/2003

HFSA’s resolution on the approval of portfolio management, investment advisory, securities lending and asset management activities for voluntary mutual insurance funds and private pension funds

H-EN-III-1138/2012

HFSA’s resolution on the authorized activities according to the Act CXCIII of 2011 Investment Fund Management Companies and Collective Investment Trusts

H-EN-III-125/2014

Hungarian National Bank’s resolution about the Compliance of the Company and the performed activities according to the Act XVI of 2014 - on Collective Investment Trusts and Their Managers, and on the Amendment of Financial Regulations

Management Board:

Pázmány Balázs, Head of Board
Dr. Mesterházy György Tibor CEO, Board member
Adrianus Josephus Antonius Janmaat, Board member

Supervisory board:

Mag. Iur. Peter Karl
dr. Kerekes Orsolya
dr. Tercsák Tamás
Cselovszki Róbert  

Auditor: PricewaterhouseCoopers (Headquarter: 1055 Budapest, Bajcsy-Zsilinszky st. 78., Commercial register number: 01-09-063022)

Supervisory Authority in Hungary:

Name: Hungarian National Bank
Address: 1013 Budapest, Krisztina krt. 39.
Website: https://www.mnb.hu/felugyelet

Erste Asset Management Ltd. is member of BAMOSZ (Association of Hungarian Investment Funds and Asset Management Companies).

Erste Asset Management GmbH is 100% owner of Erste Asset Management Ltd.

 

Erste Asset Management GmbH (EAM)

Company headquarters and contact details:

A-1100 Vienna, Am Belvedere 1., Austria
Tel.: +43 50 100 19054
Fax: +43 50 100 9 19054
E-mail: office@erste-am.com
Website: www.erste-am.com

Commercial register court: Vienna Commercial Court
Commercial register number: FN 102018b
Based in:political district Vienna
VAT ID number (UID):ATU 15355700
DVR: 4012567
Bank code:76263


Management board:

Heinz BEDNAR
Winfried BUCHBAUER
Peter KARL
Mag. Thomas KRAUS

Supervisory board:

Mag. Rudolf SAGMEISTER, Chairman
Mag.(FH) Thomas Schaufler, Deputy Chairman
Mag. Harald Gasser
Mag. Gerhard Grabner
Harald Frank Gruber
Oswald Huber
Radovan Jelasity
Ing. Mag. Robert Lasshofer
Dr. Franz Pruckner
Mag. Rupert Rieder
Gabriele Semmelrock-Werzer
Mag. Reinhard Waltl
Mag. Gerald Weber
Martin Cech
Mag. Regina Haberhauer
Ing. Heinrich Hubert Reiner
Peter Riederer
Nicole Weinhengst
Mag. Manfred Zourek


State commissioners:

Mag. Christoph SEEL


Deputy state commissioners:

Mag. Walter MEGNER

Supervisory authority in Austria:

Financial Market Authority (FMA)
Securities Supervision
Otto-Wagner-Platz 5
A-1090 Vienna
Website: www.fma.gv.at

Chambers:

Austrian Economic Chambers
Austrian Bankers’ Association

Branch offices:

Erste Asset Management GmbH, Czech Republic branch (headquarter: Budějovická 1518/13a (Trianon Building), 140 00 Praha 4, Czech Republic)

Erste Asset Management GmbH, Slovak Republic branch (headquarter: Tomášikova 48, 832 65 Bratislava, Slovak Republic)

Business purpose of EAM:

  • Management and administration of investment funds in accordance with the Austrian Investment Fund Act 2011 (“InvFG 2011”) as amended from time to time
    - licensed in accordance with § 1 (1) no. 13 of the Austrian Banking Act (“BWG”)
    - investment advice in relation to financial instruments (§ 3 (2) no. 1 of the Austrian Securities Supervision Act 2007 (“WAG 2007”)
    - Managing individual portfolios for clients on a discretionary client-by-client basis (§ 3 (2) no. 2 WAG 2007)
  • Management and administration of alternative investment funds (“AIF”)
    EAM has been licensed as an Alternative Investment Fund Manager pursuant to § 6 (1) in conjunction with § 4 (1) of the Austrian Alternative Investment Fund Managers Act (“AIFMG”) and is authorised to manage AIF pursuant to § 3 (2) no. 31 InvFG 2011 and to manage AIF pursuant to AIFMG with the strategies “Fund-of-Funds Strategy/Private Equity Fund-of-Funds” and "Real Estate Strategies: Other Real Estate Strategies".
  • Ancillary services: custody and technical management in connection with shares or units in undertakings for collective investment (§ 4 (4) no. 2 lit. b) AIFMG)

EAM is authorised to manage investment funds (UCITS and AIF) in the Czech Republic and the Slovak Republic through its branch offices in accordance with § 37 InvFG 2011 (Art. 16 of Directive 2009/65/EG – UCITSD) and § 32 AIFMG (Art. 33 of Directive 2011/61/EU – AIFMD).

Shareholders:

Shareholders

As of July 2020

Memberships:

As a member of the "Association of Austrian Investment Companies" (VÖIG), EAM is subject to the “Code of Conduct of the Austrian Investment Fund Industry 2012”.

Basic content of the website:

  • Presentation of EAM funds and the entire investment group of EAM
  • Information and links to the products and financial instruments (such as investment funds), services and other applications provided by EAM and ERSTE Group
  • Information on investment funds, securities, the capital markets and investments

Technical implementation of the Website:

In partnership with sIT Solutions

As of:
26.02.2021.

 

Legal disclaimer:

The management company Erste Asset Management GmbH is responsible for the content of this web site.

Erste Asset Management GmbH checks and updates the information appearing on its website constantly and makes every effort to ensure that the greatest care is taken in data collection. Erste Asset Management GmbH cannot, however, accept any liability or give any assurances for the information provided or for its sources, nor guarantee that it is up-to-date, correct and complete or that it will always be available.

The same reservation applies for all other websites to which hyperlink connections are provided. Erste Asset Management GmbH is not responsible for the content of websites which are accessed by this means.

Erste Asset Management GmbH reserves the right to make changes or additions at any time to the information provided.

The content of Erste Asset Management GmbH website is for information purposes only. In particular, it does not represent a proposal or a buy or sell recommendation. It does not take the place of an individual investment consultation. Any actual investment should only be undertaken following a consultative interview.

The content and design of Erste Asset Management GmbH website is copyright-protected. The prior agreement of Erste Asset Management GmbH and is required for the duplication of any information or data, especially where the use of written text, text sections or graphical material is involved.

Erste Asset Management GmbH accepts no liability whatsoever for losses or damage of any kind (including consequential or indirect damage or the loss of profit) which might arise in connection with or as a result of accessing the website of Erste Asset Management GmbH, or of accessing, using or consulting the contents of this site, or of following any integrated links to the websites or URLs of other operators, or of the website of Erste Asset Management GmbH not being available. This applies even if Erste Asset Management GmbH has been made aware of the possibility of such damages.

Printing errors and mistakes reserved.

Languages:
You can communicate with us in the following languages: German and English

E-Mails:
We would like to point out that we access any emails you have sent us only during business hours.

Legal 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. 

DISCLAIMER FOR THE SALE of non-US funds to US investors

Limitations on Sale

The shares issued for this Investment Fund may only be publicly offered or sold in countries in which such a public offer or sale is permitted. Therefore, unless the Management Company or representatives of the Management Company have filed an application with the local supervisory authorities and permission has been granted by the local supervisory authorities, and as long as no such application has been filed or no such permission granted by the supervisory authorities, this prospectus does not represent an offer to buy investment shares.

The shares have not been and will not be registered pursuant to the 1933 United States Securities Act as amended (hereinafter the "Securities Act of 1933") or pursuant to the securities regulations of a state or other public entity of the United States of America or its territories, possessions or other areas subject to its sovereignty, including the Commonwealth of Puerto Rico (hereinafter collectively designated as the "United States").

The shares may not be publicly offered, sold, or otherwise transferred in the United States. The shares are being offered and sold on the basis of an exemption from registration pursuant to Regulation S of the Securities Act of 1933. The Management Company and the Investment Fund have not been and will not be registered pursuant to the 1940 United States Investment Company Act as amended, or pursuant to any other US federal laws. Therefore, the shares will not be publicly offered or sold in the United States or to or for the account of US citizens (in the sense of the definition for the purposes of US federal laws governing securities, goods, and taxes, including Regulation S of the United States Securities Act of 1933 – hereinafter collectively referred to as "US citizens"). Subsequent transfers of shares to the United States or to US citizens are prohibited.

The shares have not been admitted for sale or public offering by the US Securities and Exchange Commission (hereinafter designated as the "SEC") or any other supervisory authority in the United States, and no application for admittance for sale or public offering has been rejected by the SEC or any other supervisory authority in the United States; furthermore, neither the SEC nor any other supervisory authority in the United States has released an opinion on the correctness and appropriateness of this prospectus or the advantages of the fund shares. The United States Commodity Futures Trading Commission has neither examined nor approved this document or any other sales documents for the Management Company or the Investment Fund.

No party is authorised to provide information or make assurances that are not contained in the prospectus or in the documents referred to in the prospectus. These documents are available to the public at the domicile of the Management Company.

This prospectus may not be circulated in the United States.

Investors who are Restricted Persons pursuant to US Regulation No. 2790 of the National Association of Securities Dealers (NASD 2790) must immediately report any investments in funds from the Management Company.