Description

OTP ComodisRO addresses the conservative investors seeking extra returns from short-term financial investments in low volatility conditions.

OTP ComodisRO will invest in bank deposits, certificates of deposit and treasuries up to a maximum of 100% of its assets and in corporate, municipal and government bonds up to a maximum of 50% of its assets.

The allocation of the portfolio across asset classes is flexible, so that in certain macroeconomic and financial conditions, the manager can decide to increase the share of the fixed income or government issued instruments and to decrease the share of corporate bonds in order to protect its investors.

The fund seeks to achieve superior returns to a reference rate: the reference rate on the interbank market for the 1 month deposits published by the National Bank of Romania (ROBID1M).

Risk profile

The risk profile of the fund is computed according to the Synthetic Risk and Return Indicator (SRRI), its indicator being 1 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 assumed risk 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

Considering the fact that the fund invests primarily in money market instruments, the minimum recommended period is one month, due to its short-term investments.

Benefits

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

Zero:

The fund has no subscription or redemption fees

Balance:

You are comfortable because of the low risk of your investment

Accessibility:

The minimum amount to invest is only 50 LEI

Performance:

You enjoy stable returns, even for short term investments of one month

Diversification:

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

The Fund in figures

Date

17-05-2018

Net assets

97.863.440,47

NAVU

17.4486

Fund units

5.608.658,9348

Fund performance

6 months

0.94%

In 2018

0.75%

1 year

1.57%

3 years

4.45%

The evolution of the fund

-

Follow us on Bloomberg by selecting OTPCMRO:RO

Fees

ZERO subscription fees

ZERO redemption fees

Legal Notes

Start date: 07.04.2008
Initial capital investment: 7.429.000 RON
Initial unit value: 10 RON
Fund type: Open-end fund, denominated in RON
OTP ComodisRO – FSA Decision no. 377/27.02.2008
Registration number in the FSA Register CSC06FDIR/400049
ISIN code: ROFDIN0001C1

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