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Welcome to the Fund Glossary of Erste Asset Management

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Fund Glossary

We explain you technical terms on investment and securities

A

Retail AIF

Average term to maturity

Annual report

Asset management

Accumulating/reinvesting sharecertificate class

Asset allocation

Alternative investment funds (AIFs)

Absolute return

B

Best in class

Beta

Balanced funds

Benchmark

Bond funds

C

Ceteris paribus

Cost averaging principle

Currency risk hedging

Creditworthiness

Cooperation fund

Capital maintenance

Custodian bank

Commitment approach

Capitalplan

Capital gains tax for foreigners

Current costs

Capital gains tax

D

Dividend yield

Distribution yield

Duration

Derivative financial instruments

Dividend shares

Distribution

Diversification

E

ESG rating

Ex-dividend date

ESG

ETF

Emerging markets

Equity funds

F

Fund assets

Floater

Feeder funds

Fund of funds

Front-end load

Futures

Fund mergers

Fund rules

Fixed income funds

G

Gross dividend distribution

H

Hybrid bonds

High-yield bonds

Hedging

Hedge funds

I

Investment approach

Income adjustment

Issuer

Issue

Issue price

Investment company

ISIN

Investment grade

Investment Fund Act

Investment fund

Information ratio

K

KESt-exempt non-dividend share

KIID

M

Market capitalisation

Management company

Modified duration

Mutual Fund

Market cycles

Min/Max Performance

Minimum holding period

Maximum Drawdown

Master-feeder funds

N

Net dividend distribution

Near-money-market fund

Net asset value (NAV)

Nominal value (par value)

O

Order

Ordinary income

OeKB method

OeKB (Oesterreichische Kontrollbank AG)

P

PER = price/earnings ratio

Portfolio management

Prospectus

Portfolio

Performance

R

Repurchase agreement

ROE (Return on equity)

ROCE (Return on capital employed)

Risk profile

Recommended holding period

Redemption price

Rating

S

Summary risk indicator (SRI)

subordinated seniority

Spread

Securities identification number

Spezialfonds

Sondervermögen

Socially Responsible Investing

Single-security risk

Share certificate

Security

SRRI

Short position

Sharpe Ratio

s Fonds Plan

Statement of accounts

Share certificate type

T

Trustee security status

Transaction costs

Tracking error

Technical indicators

U

UCITS

V

Volatility

Value-at-risk (VaR)

Value date

W

Withdrawal plan

Y

Yield

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