Investment process
Erste Asset Management d.o.o. (EAM) is a member of Erste Asset Management Group, which manages assets of more than 70 billion EUR invested in 386 funds and private portfolios (11/2022).
EAM Croatia has 8UCITS and 2 alternative funds with private placement under management and offers private portfolio management and investment consulting services.
All investment processes are based on the following principles:
The different asset classes, like equities, bonds, commodities, etc. require different methods and models of assessment. The main approaches at Erste Asset Management are:
Rulebook on Business Conduct and Prevention of Conflict of Interest
The Company has adopted a Rulebook whose purpose is to define basic principles and procedures to avoid conflicts of interest between the Company and the client or clients with each other and provides solutions if conflict of interest can not be avoided.
The Rulebook also defines the rules of conduct of the Company and its employees, including policies to prevent abuse that could affect the stability and integrity of the market and the prohibition of receiving additional incentives in relation to the services provided by the Company and administrative work in related to the same.
Rulebook will be updated as necessary.
For more information, you can download Policy (only in Croatian):
Remuneration policy
Erste Asset Management adopted Remuneration policy to achieve balance between cash and non-cash rewards and fixed and variable receipts. Cash and non-cash prizes are linked to the values and strategies of the Company. Receipts are fixed or variable. Fixed receipt reflect the relevant professional experience, competence and organizational responsibility of employees. Variable receipts are based on performance, exceptionally and under other conditions. Variable receipts provide incentives for long term cautious risk taking and good risk management.
The policy defines all elements related to the receipt, apart from education, giving in kind and similar benefits.
The Company has defined the following groups of employees as risk-taking: Management, Directors of all departments, fund managers, portfolio managers. More information can be found here (Only in Croatian):
Disclaimer
This document is an advertisement. Unless indicated otherwise, data source is Erste Asset Management Ltd. Our languages of communication are Croatian and English. The prospectus (and any amendments to the prospectus) has been published in accordance with the open-end investment funds with a public offering (Official Gazette 44/16, 129/19 i 110/21, 76/22).
Before making a final investment decision, see the prospectus and rules of the fund that are available to all interested parties free of charge, at the management company as well as in all offices of the Depositary. The exact date of the last publication of the prospectus, languages in which the key information for investors are available, as well as information about other places where these documents are available are published on the website www.erste-am.hr.
This document serves as additional information for our investors and is based on the knowledge of the person responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite.
Past performance is not a reliable indicator of the future performance of a fund. Please note that historical return is not a reliable indicator of the future development of the fund. Please pay attention to the fact that investment in securities other than described seems to bring about the risks. Share price and yield may rise as well as fall.