Fund Facts
The Fund is designed for clients who have decided to invest their funds for at least 5-7 years, with the aim of gaining higher appreciation. The Fund is focused on investments in prospective sectors such as electricity generation, mining and processing of oil, coal or natural gas. Long-term demand for energy is growing steadily. However, current resources are relatively limited, which will be reflected in higher prices in the future. This discrepancy will enhance the dynamic development of emerging economies led by China and India. Shareholders of this Fund can profit from these long-term trends.
Detailed information
| Fund name: | Generali PPF Oil Industry & Energy Production Fund |
|---|---|
| Marketing Brand of the Fund: | Generali PPF Oil Industry & Energy Production Fund |
| Fund type: | equity |
| Inception Date:: | 27.5.2009 |
| Custodian: | RBC Dexia Investor Services Bank S.A., Dublin, Ireland |
| Bank Account Number (IBAN): | CZ1555000000005020014365 |
| Auditor: | PricewaterhouseCoopers, Dublin Ireland |
| ISIN Number: | IE00B43PTF76 |
| Fund Launch Date: | 15.2.2010 |
| Fund Currency: | EUR |
| Subscription Fee - One-off Investments: | 0 - 3 999 EUR: 4 % 4 000 - 19 999 EUR: 3 % 20 000 - 119 999 EUR: 2 % over 120 000 EUR: 1 % |
| Subscription Fee - Programs of regular Investments | 0 - 3 999 EUR: 4 % 4 000 - 19 999 EUR: 3,7 % 20 000 - 39 999 EUR: 3,3 % 40 000 - 99 999 EUR: 3 % over 100 000 EUR: 2,5 % |
| Minimum Subscription for the first purchase: | 100 EUR |
| Minimum Subscription for the next purchase: | 10 EUR |
| Minimum Subscription for the regular purchase: | 10 EUR |
| Redemption Fee: | 0 % |
| Management Fee: | max 2,5 % |
| Appreciation payment method: | reinvestment 100 % |
Investment Strategy
The Fund invests in energy production companies, especially in the mining and processing of oil, coal and natural gas. Major investments are directed to companies in the U.S. and EU, while oil and energy companies from the regions belonging to the so-called emerging markets are also additionally represented in the portfolio.
The aim of the Fund's investment strategy is to hold a broadly diversified portfolio with perspective for growth. The reason for common inclusion of representatives of both oil and energy industry is their usually different reaction to economic development. While the oil industry is very cyclical and follows the economic cycle, in the energy industry there are more stable companies with predictable earnings, which in turn are not so much dependent on the actual state of the economy. In general, inclusion of companies from both industries provides a portfolio protecting against more significant declines and we can expect dividends from these companies even during economic recession. With respect to the predicted economic development in the world we assume that the oil industry will belong among the growing sectors and therefore its weight in the portfolio will prevail, as reflected by the market capitalization of the oil companies.
The currency risk of the Fund is hedged, which reduces the overall volatility of the Fund.
Fund Performance
Current NAV per unit 15.05.2012
| NAV per Unit | 8.63 EUR |
|---|
| Fund Performance per 1month | -6.5 % |
|---|---|
| Fund Performance per 3 months | -13.35 % |
| Fund Performance per 6 months | -10.2 % |
| Fund Performance per 12 months | -20.24 % |
| Fund Performance since the beginning of the year | -8.19 % |
| Fund Performance per 3 years | N/A % |
| Fund Performance per 3 years p.a. | N/A % |
| Fund Performance per 5 years | N/A % |
| Fund Performance per 5 years p.a. | N/A % |
| Fund Performance per 1 year. 2011 | -9.28 % |
|---|
Graph
Spreadsheet Statement
| NAV as of | NAV per Unit | Last change |
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!!! NOTE: filed:6517.pdf[Factsheet] !!!
!!! NOTE: filed:4547.pdf[Prospectus] !!!
!!! NOTE: filed:6379.pdf[Simplified Prospektus] !!!
!!! NOTE: filed:5178.pdf[First Addendum to the Prospectus] !!!
!!! NOTE: filed:6262.pdf[Second Addendum to the Prospectus] !!!
!!! NOTE: filed:6378.pdf[Appendix to the Prospectus - Generali PPF Emerging Europe Fund] !!!