Tatra banka mutual funds have earned their customers €57 million

31.01.2018

At the time of low interest rates, it is necessary to seek solutions with a return potential. Mutual FundsTB again achieved excellent results in 2017.

Main facts:

  • customers' assets increased by €57 million thanks to Mutual FundsTB
  • the performance of Mutual FundsTB reached an average 4.7%
  • all funds currently on offer recorded a positive appreciation

Investment in mutual funds represents and efficient and advanced method of appreciating savings. A mutual fund gives a customer without investment experience an opportunity to appreciate funds on the financial markets. It is simple for customers, all investments decisions are made by professionals for them. Instead, customers can do things they enjoy more.

Tatra Asset Management, the largest Slovak manager of mutual funds, which manages Mutual FundsTB for Tatra banka, currently has a reason for satisfaction. “Our customers have had a very successful year. If I express it in numbers, we have increased the assets in Mutual FundsTB by €57 million. The performance of all our mutual funds achieved an average 4.7% in 2017,” says Marek Prokopec, Chairman of the Management Board of Tatra Asset Management.

„A simple rule applied in 2017. The higher the share of stocks, the better the achieved result. Purely stock solutions such as American Equity FundTB or NewMarketsTB achieved more than 20% return in US dollars, the best choice for a euro investor was European Equity FundTB with a return of 8.7%. However, I would say that mixed funds were even bigger success. They entail much less risk than pure equity funds and nevertheless recorded excellent returns last year. Premium StrategicTB earned its investors 7.8% and even conservative funds Premium HarmonicTB and Smart FundTB offered return of 5%. On the background of zero rates and low returns on bonds, it is a fantastic result,” added Michal Májek, Member of the Management Board of Tatra Asset Management.

Media contact:

Zuzana Žiaranová, Spokesperson
Tatra banka
02/5919 1557
0903 641 846
zuzana_ziaranova@tatrabanka.sk

Marketing communication notice: Investment in a mutual fund entails risk and past performance does not guarantee future returns. The value of a mutual fund investment and the related return may go up or down and the shareholder may not get back the full amount invested. The Statute, Prospectus, and Key Investor Information for mutual fund investors are available at Tatra banka, a. s. branches in Slovak. Mutual funds were created and are managed by Tatra Asset Management, správ. spol., a. s., with its registered office at Hodžovo nám. 3, 811 06 Bratislava. Up to 100% of the value of the assets in TAM-DPF, TAM - DDPF, TAM-REF, TAM-EAF, TAM-SMF, TAM-DAF, TAM-BLF and TAM-DBLF may be invested in transferable securities and money market instruments issued or guaranteed by an Organization for Economic Cooperation and Development member state. Funds in TAM-PHF, TAM-PSF, TAM-SMF, TAM-DAF, TAM-BLF a TAM-DBLF may also be invested in investment certificates of money, bond, equity and other open-end mutual funds. Official abbreviated names of mutual funds managed by Tatra Asset Management, správ. spol., a. s., contained in the notice: TAM-DPF TAM - Bond Fund | TAM-DDPF TAM - Dynamic Bond Fund | TAM-EAF TAM - European Equity Fund | TAM-AAF TAM - American Equity Fund | TAM-NMF TAM - NewMarkets | TAM-PHF TAM - Premium Harmonic | TAM-PSF TAM - Premium Strategic | TAM-REF TAM - RealEstate Fund | TAM-SMF TAM - SmartFund | TAM-DAF TAM - DynamicAlpha Fund | TAM-BLF TAM - BalancedFund | TAM-DBLF TAM - DynamicBalanced Fund |.

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