Description

The fund is recommended to investors with a medium risk profile who seek capital gains in moderate volatility conditions.

The fund will invest primarily in fixed income instruments such as government, municipal, corporate bonds issued in Central and Eastern Europe and also in bank deposits, etc.

The strategic allocation of the fund seeks to follow the EFAMA standard for the category of bond funds respectively investing at least 80% in fixed income instruments and a maximum of 20% in cash and cash equivalents. The fund’s investments in other assets will not exceed 10%. The Fund will not invest in shares. A maximum of 20% of Fund assets may be invested in convertible bonds. The same limit applies to investments in mortgage backed securities.

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 opportunities that appear on the financial markets.

The Fund seeks capital growth over the medium to long term.

Risk profile

The risk profile of the fund is computed according to the Synthetic Risk and Return Indicator (SRRI), its indicator being 2 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 entails 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 has investments primarily in bonds, the minimum recommended investment period is 3-5 years.

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

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

184.786.887,23

NAVU

15.0435

Fund units

12.283.531,4110

Fund performance

6 months

1.06%

In 2018

0.63%

1 year

1.71%

3 years

7.92%

The evolution of the fund

-

Follow us on Bloomberg by selecting OTPBARO:RO

Fees

ZERO subscription fees

ZERO redemption fees

Legal Notes

Start date: 07.04.2008
Initial capital investment: 9.180.000 RON
Fund unit initial value: 10 RON
Fund type: Open-end fund, denominated in RON
OTP BalansisRO – FSA Decision no. 375/27.02.2008
Name change – OTP Obligaţiuni (Bonds) – FSA Decision no. 501 of 26.05.2011
Registration number in the FSA Register CSC06FDIR/400048
ISIN code: ROFDIN0001B3

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