Description

OTP AvantisRO – is an equity investment fund that is recommended to investors with a medium to high risk profile, who seek capital gains from a stock market exposure.

OTP AvantisRO will invest up to a maximum of 95% of its assets in shares and the remaining in bonds and treasuries, money market and other financial instruments.

The investment fund’s strategic allocation aims to follow the EFAMA standard for the equity funds category, respectively 85% of its investments in shares.

Strategic allocation means that the allocation of the fund’s portfolio is done in the categories 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.

Objective: The fund seeks to achieve returns above the benchmark.

Benchmark = 85%ΔBET-BK + 15%ROBID1M

BET-BK = a free-float capitalization-weighted price index of the most liquid companies listed on the regulated market of the BSE, that can be used as a benchmark by fund managers, but also by other institutional investors; the computing methodology reflects the legal requirements and the funds’ investment limits.

ROBID 1M = the reference rate on the interbank market for the 1 month deposits published by the National Bank of Romania.

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 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

As the fund is invested up to 95% in shares, the minimum recommended investment period is 3-5 years.

Benefits

Liquidity:

You decide when you subscribe or redeem the fund units; the minimum recommended period for holding them is of at least 3-5 years

Performance:

The fund aims to achieve returns superior to the benchmark

Potential:

The diversified portfolio of exposures in the most important economic sectors ensures the potential of increasing the share value (energy, utilities, banking, financial, pharmaceutical, etc.). The fund profits from the medium and long term potential of the Romanian stock market

Accessibility:

It provides access to a portfolio of shares traded on the Bucharest Stock Exchange with only 50 LEI; moreover you have significantly lower costs than directly investing in shares

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

33.973.982,01

NAVU

11.0745

Fund units

3.067.765,0853

Fund performance

6 months

0.99%

In 2018

-0.04%

1 year

5.40%

3 years

32.33%

The evolution of the fund

-

Follow us on Bloomberg by selecting OTPAVAN:RO

Fees

ZERO subscription fees at present

ZERO redemption fees

Legal Notes

Start date: 07.04.2008
Initial capital of investment: 9.180.000 RON
Initial unit value: 10 RON
Fund type: Open-end fund, denominated in RON
OTP AvantisRO – FSA Decision no. 376/27.02.2008
Registration number in the FSA Register CSC06FDIR/400050
ISIN code ROFDIN0001A5

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