Raiffeisen investment funds

  1. Raiffeisen CASH

    Unit price: 150,79 HRK 17/05/2012
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    1 month p.a. 3 month p.a. Current year return 1 year return Average yearly return in 5 years
    3,96 % 3,71 % 1,31 % 2,78 % 4,83 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: money market fund
    Investment goal: to yield as high a return on short-term investment of Fund assets as possible while maintaining the stability of the Fund unit value
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher investment risk so as to achieve a high return
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Fund management costs

    • The Management Company fee is 0,80 % of the total Fund assets payable annually
    • Custody fee is 0,13% of the total Fund assets payable annually.

    The Management Company and custody fees are included in the unit price.

    No entry or exit fee.

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 909,17 mil
    Modified duration 0,24
    Volatility (p.a.)* 0,19%
    Sharpe ratio* -1,21
    *reference period     12 months

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield as high a return on short-term investment of Fund assets as possible while maintaining the stability of the Fund unit value. With regard to its investment objective, Raiffeisen Cash money market fund, open-end investment fund with a public offering, is a money market fund with a permanent exposure to the money market and bond market of no less than 75% of the Fund’s net assets by investing in the instruments with a maximum one-year maturity.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • deposits at financial institutions and cash in the accounts of the Fund, up to 100% of the Fund’s net assets
    • debt instruments issued by the Republic of Croatia, Croatian National Bank and guaranteed by the Republic of Croatia, up to 100% of the Fund’s net assets
    • debt instruments issued by the local government and regional self-government units and money market instruments of the issuers in the Republic of Croatia, European Union and other OECD member states, up to 40% of the Fund’s net assets
    • investment funds investing predominantly into low-risk fixed-income instruments of the issuers in the Republic of Croatia, European Union and other OECD member states, up to 40% of the Fund’s net assets
    • investment funds in the Republic of Croatia, European Union and other OECD member states, up to 10% of the Fund’s net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  2. Raiffeisen EUROCASH

    Unit price: 101,92 EUR 17/05/2012
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    1 month p.a. 3 month p.a. Return since inception Current year return
    2,05 % 3,00 % 1,92 % 1,17 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: money market fund
    Investment goal: to yield a maximum return on a short-term investment of Fund assets while maintaining the stability of Fund unit price
    For whom is it intended: any physical and legal persons investing over a short horizon that favour the Fund's investment goal, that is investing in low-risk financial instruments and seeking the possibility of cashing in on their investment at any time
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 50,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agreed schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Fund management costs

    • The Management Company fee is 0.85 % of the total Fund assets payable annually
    • Custody fee is 0.13% of the total Fund assets payable annually.

    The Management Company and custody fees are included in the unit price.

    No entry fee is charged.

    Exit fee - portion of the total pecuniary assets being withdrawn from the open-end investment fund:

    • 0.75% charged on the amounts being withdraw solely in respect of any investments of under 15 working days
    • not charged on the investments exceeding 15 working days

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 104,11 mil
    EUR 13,87 mil
    Modified duration 0,33
    Volatility (p.a.)* 0,00%
    Sharpe ratio* 0,00
    *reference period     12 months

    Fund Investment goal and targeted investment structure

    The investment goal of the fund is to earn maximum return on short-term investment of Fund assets while maintaining maximum stability of the Fund unit price. With regard to its investment goal Raiffeisen euroCash, open-end investment fund with a public offering, is a money market fund. As such it has permanent exposure to the money market and the bond market of no less than 75% of the Fund's net assets by investing in the instruments which mature within up to one year.

    Permitted investments and investment restrictions

    The assets of the Fund will be invested in the following instruments:

    • deposits at financial institutions and cash in the accounts of the Fund, up to 100% of the Fund's net assets
    • long-term debt and money market instruments issued by the Republic of Croatia, European Union and other OECD member states, the Croatian National Bank and those guaranteed by the Republic of Croatia, up to 100% of the Fund's net assets
    • long-term debt and money market instruments of other issuers in the Republic of Croatia, European Union and other OECD member states, up to 40% of the Fund's net assets
    • investment funds which invest predominantly in low-risk fixed-income instrument of issuers in the Republic of Croatia, European Union and other OECD member states, up to 10% of the Fund's net assets
    • repurchase agreements for the above instruments, up to 20% of the Fund's net assets

  3. SPECIAL OFFER! No exit
    fee on investments until 30/06/2012

    Raiffeisen BONDS

    Unit price: 178,97 EUR 17/05/2012
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    Current year return 1 year return Average yearly return in 5 years
    1,82 % 0,44 % 4,69 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: bond fund
    Investment goal: to yield as high a return as possible by investing the assets of the Fund predominantly into the bonds of Croatian issuers
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a moderate risk so as to achieve higher return
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • no entry fee is charged

    Fund management costs

    • The Management Company fee is 1,25 % of the total Fund assets payable annually
    • Custody fee is 0,13% of the total Fund assets payable annually.

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • 1% for amounts smaller than 500.000,00 HRK and/or investment period of under 1 year

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 160,60 mil
    EUR 21,40 mil
    Modified duration 1,60
    Volatility (p.a.)* 3,35%
    Sharpe ratio* -1,02
    *reference period     12 months

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield as high a return as possible by investing the assets of the Fund predominantly into the bonds of Croatian issuers. With regard to its investment objective, Raiffeisen Bonds open-end investment fund with a public offering is a bond fund, with its permanent exposure to the bond market as well as the market in treasury bills and commercial notes representing no less than 75% of the net asset value of the Fund.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • bonds, treasury bills and commercial notes, and the investment funds investing predominantly into the said instruments, in the Republic of Croatia, European Union and OECD member states, at least 75% of the Fund’s net assets
    • investment funds in the Republic of Croatia, European Union and OECD member states, up to 10% of the Fund’s net assets
    • bonds and money market instruments of CEFTA and BRIC member states, up to 10% of the Fund’s net assets
    • deposits at financial institutions and cash in the accounts of the Fund, representing up to 30% of the Fund’s net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  4. SPECIAL OFFER!
    No entry fee until 30/06/2012

    Raiffeisen PRESTIGE

    Unit price: 103,95 EUR 17/05/2012
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    Current year return 1 year return Average yearly return
    4,20 % -4,15 % 1,78 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: mixed fund
    Investment goal: To yield high retures over a longer investment horizon by investing the assets of the Fund into various asset classes.
    For whom is it intended: For physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher risk risk so as to achieve a high return.
    Minimum initial investment: 70.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 1000,00 HRK**
    * Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.
    ** following the minimum initial investment

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • Entry fee of up to 1% will be charged to the Investor when buying units in the Fund by subtracting it from the amount of investment. The entry fee will not be charged on the payments which represent and investment plan, assuming agreed periodic payments.

    Fund management costs

    • The Management Company fee is 2,5% of the total Fund assets payable annually
    • Custody fee is 0,15% of the total Fund assets payable annually.

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • No exit fee

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 37,57 mil
    EUR 5,01 mil
    Modified duration 0,40
    Volatility (p.a.)* 7,63%
    Sharpe ratio* -0,81
    *reference period     12 months

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield high retures over a longer investment horizon by investing the assets of the Fund into various asset classes. With regard to its investment objective, Raiffeisen Prestige open-end investment fund is a mixed fund which invests its assets into various asset classes, where the share of individual classes must not exceed 60% of the net asset value of the Fund.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • bonds, money market instruments of the issuers in the Republic of Croatia, European Union and OECD members states and emerging markets1, up to 60% of the Fund's net assets
    • equities and equity partcipation instruments (rights) of the issuers in the Republic of Croatia, European Union and OECD members states and emerging markets1, up to 60% of the Fund's net assets
    • deposits at financial institutions and cash in the accounts of the Fund, up to 60% oft he Fund's net asset
    • investment funds registered in the Republic of Croatia, European Union and OECD members states and emerging markets1, up to 40% of the Fund's net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  5. Raiffeisen BALANCED

    Unit price: 127,98 EUR 17/05/2012
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    Current year return 1 year return Average yearly return in 5 years
    2,02 % -15,63 % -13,38 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: mixed fund
    Investment goal: to yield high returns over a long-term horizon by investing the assets of the Fund predominantly into the equities and bonds of Croatian and foreign issuers
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher investment risk so as to achieve a high return
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • no entry fee is charged

    Fund management costs

    • The Management Company fee is 2 % of the total Fund assets payable annually
    • Custody fee is 0,15% of the total Fund assets payable annually

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • 1% for amounts smaller than 500.000,00 HRK and/or investment period of under 1 year

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 224,72 mil
    EUR 29,94 mil
    Modified duration 0,43
    Volatility (p.a.)* 11,39%
    Sharpe ratio* -1,63
    *reference period     12 months

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield high returns over a long-term horizon by investing the assets of the Fund predominantly into the equities and bonds of Croatian and foreign issuers. With regard to its investment objective, Raiffeisen Balanced open-end investment fund with a public offering is a mixed fund, investing in different asset classes, where the share of each individual asset class must not exceed 60% of the net asset value of the Fund.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • bonds, money market instruments and investment funds investing predominantly into fixed-income instruments, in the Republic of Croatia, European Union and OECD member states, with a target share of 50% in the net assets of the Fund
    • equities, equity participation instruments (rights) and investment funds investing predominantly into equities, in the Republic of Croatia, European Union and OECD member states, with a target share of 50% in the net assets of the Fund
    • investment funds in the Republic of Croatia, European Union and OECD member states, representing up to 40% of the Fund’s net assets
    • deposits at financial institutions and cash in the accounts of the Fund, representing up to 30% of the Fund’s net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  6. SPECIAL OFFER!
    No entry fee until 30/06/2012

    Raiffeisen PRESTIGE EQUITY

    Unit price: 96,54 EUR 17/05/2012
    Enter the target period
    Return since inception Current year return
    -3,46 % -3,46 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: equity fund
    Investment goal: to yield high long-term returns by investing Fund assets predominantly in equities and investment funds which invest in equities
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher investment risk so as to achieve a high return
    Minimum initial investment: 25.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • 1% of the investment amount

    Fund management costs

    • The Management Company fee is 2.85% of the total Fund assets payable annually
    • Custody fee is 0,20% of Fund assets payable annually

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • No exit fee

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 26,38 mil
    EUR 3,51 mil
    Modified duration 0,00
    Volatility (p.a.)* 0,00%
    Sharpe ratio* 0,00
    *reference period     12 months

    Investment objective and target investment structure of the Fund

    The investment objective of Raiffeisen Prestige Equity Fund is to generate high returns over a long investment horizon by investing Fund assets predominantly into equities and investment funds which invest in equities. With regard to its investment objective, Raiffeisen Prestige Equity open-end investment fund is an equity fund which maintains constant exposure to the equity market of no less than 70% of net assets.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • equities and equity participation instruments (rights) and investment funds which invest predominantly into equities, at least 70% of the Fund's net assets
    • bonds, money market instruments and investment funds which invest predominantly into fixed-income instruments, up to 30% of the Fund's net assets
    • investment funds in total, up to 40% of the Fund's net assets
    • deposits at financial institutions, repurchase agreements and cash in the accounts of the Fund, up to 30% of the Fund's net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  7. Raiffeisen WORLD

    Unit price: 102,82 EUR 17/05/2012
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    •  Unit value
    •  Benchmark index
    Current year return 1 year return Average yearly return in 5 years
    -0,59 % -2,42 % -6,44 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: equity fund
    Investment goal: to yield high returns over a long investment horizon by investing the assets of the Fund predominantly into the equities of international issuers, focusing on the issuers in the United States, European Union and Japan
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher investment risk so as to achieve a high return
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • no entry fee is charged

    Fund management costs

    • The Management Company fee is 2% of the total Fund assets payable annually
    • Custody fee is 0,25% of the total Fund assets payable annually

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • 1% for amounts smaller than 500.000,00 HRK and/or investment period of under 1 year

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 35,20 mil
    EUR 4,69 mil
    Modified duration 0,00
    Volatility (p.a.)* 11,86%
    Sharpe ratio* -0,05
    *reference period     12 months
    Map zoom
    The graph representing geographical exposure refers to the current strategy of the Fund.

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield high returns over a long investment horizon by investing the assets of the Fund predominantly into the equities of international issuers, focusing on the issuers in the United States, European Union and Japan. With regard to its investment objective, Raiffeisen World open-end investment fund with a public offering is an equity fund, with its permanent exposure to the equity market representing no less than 70% of the net asset value of the Fund.

    The benchmark index used to compare the results and track the Fund performance is MSCI World. It is not the Fund's goal to replicate the said index.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • equities and equity participation rights in the Republic of Croatia, European Union and other OECD countries, up to 100% of Fund assets
    • bonds and money market instruments in the Republic of Croatia, European Union and other OECD countries, up to 25% of the Fund’s net assets
    • investment funds in the Republic of Croatia, European Union and other OECD countries, up to 10% of the Fund’s net assets
    • deposits at financial institutions and cash in the accounts of the Fund, up to 30% of the Fund’s net assets
    • repurchase agreements for the instruments specified above, up to 20% of the Fund’s net assets

  8. Raiffeisen CENTRAL EUROPE

    Unit price: 45,44 EUR 17/05/2012
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    Current year return 1 year return Average yearly return in 5 years
    2,81 % -27,63 % -26,50 %

    The yield is stated net of entry or exit fees. If these were included, the yield would be lower than stated. Any data on past yields are indicative only but do not represent the possibility or a projection of potential future yield.

    Fund type: equity fund
    Investment goal: to yield high returns over a long-term horizon by investing the Fund assets predominantly into the equities of Croatian and other Central- European issuers
    For whom is it intended: for physical and legal persons who find the investment objective of the Fund suitable, who invest over a long term and seek the possibility of cashing in on their investment at any time, and who are prepared to assume a higher investment risk so as to achieve a high return
    Minimum initial investment: 2.000,00 HRK
    Each subsequent minimum investment: 2.000,00 HRK
    Minimum payment under an investment plan*: 200,00 HRK
    *Investing under a so-called investment plan assumes periodic payments under an agree schedule of investment.

    FEES
    The following expenses and fees may be charged against the Fund assets:

    Entry fee

    • no entry fee is charged

    Fund management costs

    • The Management Company fee is 2% of the total Fund assets payable annually
    • Custody fee is 0,2% of the total Fund assets payable annually

    The Management Company and custody fees are included in the unit price.

    Exit fee

    • 1% for amounts smaller than 500.000,00 HRK and/or investment period of under 1 year

    Top holdings (% NAV)

    30.03.2012.
    Market comment
    Information on the fund
    Net asset value HRK 112,24 mil
    EUR 14,96 mil
    Modified duration 0,11
    Volatility (p.a.)* 17,36%
    Sharpe ratio* -1,90
    *reference period     12 months
    Map zoom
    The graph representing geographical exposure refers to the current strategy of the Fund.

    Investment objective and target investment structure of the Fund

    The investment objective of the Fund is to yield high returns over a long-term horizon by investing the Fund assets predominantly into the equities of Croatian and other Central-European issuers. With regard to its investment objective, Raiffeisen Central Europe openend investment fund with a public offering is an equity fund, and its permanent exposure to the equity market represents no less than 70% of the net asset value of the Fund.

    Permitted investment instruments and restrictions

    The assets of the Fund will be invested into the following instruments:

    • equities, equity participation instruments (rights) in the Republic of Croatia, other CEFTA, European Union and OECD member states, up to 100% of the Fund’s net assets
    • bonds, money market instruments in the Republic of Croatia, other CEFTA, European Union and OECD member states, up of 250% of the Fund’s net assets
    • investment funds in the Republic of Croatia, other CEFTA, European Union, and OECD member states, representing up to 10% of the net assets of the Fund
    • deposits at financial institutions and cash in the accounts of the Fund, representing up to 30% of the net assets of the Fund
    • repurchase agreements for the instruments specified above, up to 20% of the net assets of the Fund