News
02/03/2010
The Sporotrend Unit Trust Recorded 160% Last Year, Far Outdistancing Other Funds Focused on So-called Emerging Markets, to become the World Leader
Sporotrend, a unit trust of Investiční společnost České
spořitelny, became the world’s most successful unit trust to be focused on
Central and East European countries, Turkey, and the countries of the former
Soviet empire. Last year, it managed to appreciate the investments of its
unit holders by more than 160%. It beat other funds by a country mile –
the second in line “only” achieved appreciation of 135%. This was shown
by an analysis done by the prestigious firm Lipper, which specialises in
information about investments and which is a part of the Thompson Reuters
agency.
“The success is due, above all, to not yielding and having
solid nerves. Many investors closed their positions during the
year. But we did not let up, even at the time of the greatest slump, and
persevered, because we bet on our own analyses that showed that the companies
we prefer have a greater internal value that corresponded to their valuation on
the stock markets. In the end, this led to a record result,” says Martin
Burda, CEO of Investiční společnost České spořitelny.
If a client purchased Sporotrend unit certificates for CZK
10,000 at the beginning of 2009, he had CZK 26,000 in his account at the end of
the year. Such appreciation is practically incomparable with any other
investment options.
| The 5 Best Emerging Europe Funds in 2009 |
Fund Performance |
| ISČS Sporotrend |
160,6% |
| PF Eastern Europe |
133,6% |
| ESPA Stock Russia |
132,6% |
| Ignis Intl HEXAM Emerging Europe |
129,0% |
| JPM Russia East Europe Equity |
125,1% |
Zdroj: Lipper, 2010
Sporotrend is suitable for dynamic investors who believe in
positive developments on the stock markets in EU Member States and in other
Eastern European countries, and who want to participate in this development
with a part of their investment. The fund’s assets are invested primarily
into publicly tradable liquid stock of trustworthy Czech and foreign issuers in
Member States, candidate countries, and other East European
countries. Investments are also made into Russian and Turkish markets.
For further information please contact the Ceska Sporitelna Financial
Group Press Centre:
Press release - PDF vesion [new window]
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