Description

OTP Euro Premium Return is recommended to investors with a medium risk profile who seek capital gains in moderate volatility conditions.

The investment policy of the fund is flexible. The Fund may invest in all available asset classes on the financial and capital markets, in compliance with the legislation in force, seeking positive returns, irrespective of market directions. The Fund will also maintain an optimal level of liquidity to ensure sufficient available funds for redemption. The investment strategy consists in investing primarily in financial instruments traded on Romanian and/or international money markets and/or financial markets.

The strategic allocation of the fund aims to follow the EFAMA standard for the Absolute Return multi strategy innovative funds category (ARIS).

Strategic allocation means that the allocation of the fund’s portfolio is done in the category of long-term assets. On the short and medium term the manager can deviate from this strategic allocation to profit from the opportunities that appear on the financial markets.

The Investment Fund aims to generate long-term returns superior to the benchmark, regardless of market movements and may use derivative financial instruments to achieve this objective. The Fund’s benchmark is EURIBOR12M + 1%.

EURIBOR12M = “European Interbank Offered Rate” is the independent internationally recognized benchmark index representing the interest rate for the loans in euro that banks participating in the EU monetary grant each other loans with a maturity of 1 year.

Risk profile

The risk profile of the fund is computed according to the Synthetic Risk and Return Indicator (SRRI), its indicator being 4 out of 7, where 1 represents the lowest risk level and 7 the highest. Any investment involves a certain degree of risk and we must not forget that there is a strong and direct link between the risk assumed and the expected return. Thus, a low risk entails a potentially low return, whereas a high level of risk, a potentially high return.

1
2
3
4
5
6
7
Low Risk
Potentially low return
High Risk
Potentially high return

Recommended period

As the fund may invest in all asset classes available on the financial and capital markets, seeking positive performance irrespective of market directions, the minimum recommended investment period is of at least 1 year, optimally 3-5 years.

Benefits

Accessibility:

The minimum amount to subscribe is of only 50 EUR

Optimization:

You benefit from a diversified portfolio of financial instruments, to which otherwise you do not have access with a minimum investment

Dynamic:

The Fund may rapidly reallocate assets depending on market opportunities to achieve the most efficient ratio between potential return and risk

Flexibility:

You do not depend on fixed maturity dates, as in the case of bank deposits, you have access to your investment at any time. In addition, you accumulate the daily performance reflected in the fund’s net asset value per unit, if you decide to redeem the fund units you hold

Saving time:

You benefit from a specialised management of your investment, the continuous monitoring of the fund’s investments and you save the time needed for managing your own portfolio

Digital:

You can subscribe directly via OTPdirekt – Internet Banking

The Fund in figures

Date

17-05-2018

Net assets

1.641.743,48

NAVU

9.7011

Fund units

169.232,5251

Fund performance

6 months

-2.17%

In 2018

-3.11%

1 year

-1.50%

3 years

-

The evolution of the fund

-

Follow us on Bloomberg by selecting OTPEPRE:RO

Fees

ZERO subscription fees at present

ZERO redemption fees

Legal Notes

Start date: 19.11.2015
Fund unit initial value: 10 EUR
Fund type: Open-end fund, denominated in EUR
OTP Euro Premium Return – FSA Decision no. 231/29.10.2015
Registration number in the FSA Register CSC06FDIR/400097
ISIN code: ROFDIN000283

Depository
Banca Comercială Română
Bucharest, 5 Blvd. Regina Elisabeta
Trade Registry number J40/90/23.01.1991, Tax identification number R361757,
Banking Registry number RB-PJR-40-008/1999
FSA Registry number PJR10/DEPR/400010/04.05.2006

Financial auditor
EXPERT AUDIT S.R.L
1 Dobrogeanu Gherea Street, bl. E2, A, ap.13, Tulcea, Tax identification number 14058398,
CFAR authorisation no. 137/24.01.2002