Description

OTP Dollar Bond is recommended to investors with a medium risk profile who seek capital gains in moderate volatility conditions. The fund will invest in USD denominated fixed-income instruments, for example corporate, municipal, government bonds- guaranteed by member states and/or by their public authorities, treasury bonds, bank deposits and other money market instruments.

The strategic allocation of the fund aims to follow the EFAMA standard for the bond funds category, respectively of at least 80% in fixed-income instruments and maximum 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 the fund’s assets will be able to 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 the opportunities that appear on the financial markets.

The fund seeks capital growth over the medium and long term.

Risk profile

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

Benefits

Foreign exchange portfolio:

You can diversify your investment portfolio to USD

Accessibility:

The minimum amount to subscribe is of only 50 USD

Performance:

It gives you potential returns significantly higher than those offered by the traditional saving products on a medium and long term.

Diversification:

It provides access to a wide range of bonds, traded on multiple European markets, with a minimum investment.

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

The Fund in figures

Date

17-05-2018

Net assets

9.754.246,46

NAVU

11.0247

Fund units

884.760,4237

Fund performance

6 months

0.11%

In 2018

0.02%

1 year

0.87%

3 years

6.17%

The evolution of the fund

-

Follow us on Bloomberg by selecting OTPDOBD:RO

Fees

ZERO subscription fees

ZERO redemption fees

Legal Notes

Start date: 28.01.2014
Fund unit nominal value: 10 USD
Fund type: Open-end fund, denominated in USD
OTP Dollar Bond – FSA Decision no. A/2/09.01.2014
Registration number in the FSA Register CSC06FDIR/400085
ISIN code: ROFDIN0001X7

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