Denomination of the fund is Euro (EUR), buying and selling of funds units can be carried out in EUR or HRK.
For whom the fund is intended for?
- Investors with basic knowledge of the capital market, investment funds, bonds and shares and their characteristics
- Investors who want to achieve an increase in the value of investments in the medium term, and in the meantime can tolerate fluctuations in the value of investments
- Investors who want to invest in diversified assets through investment funds of different strategies
- The recommended time to invest in a fund is 3 to 5 years, which means it is suitable for investors who are unlikely to need the invested funds within that period
- Technical characteristics
- Fund documents
- Tabular unit prices display
|Currency of denomination :||EUR|
|First payment to the Fund:||minimum 100 EUR (one hundred euros) or kuna equivalent according to the middle exchange rate for euro* of the Croatian National Bank|
|Next payments:||minimum EUR 15 (fifteen euros) or HRK 100 (one hundred kunas) whereby the value of the payment in HRK is converted into the value of the Fund's share at the middle exchange rate of the CNB for the euro* (provided that the investor has not withdrawn the initial investment)|
|Commencement of the Fund:||10.12.2020.|
|Management fee (annually):||1,10% of the total assets of the Fund|
|Entry fee:||1,00% (one percent)|
|Exit fee:||for investments longer than 1 year, the exit fee is not charged; for shorter investments is 1,00%|
|Deposit bank:||OTP banka d.d.|
|Deposit bank fee (annually):||0,11% of the total assets of the Fund|
The day of payment is considered to be the working day of receipt of the investor's funds on the Fund's account, for receipts received up to and including 16:00. For receipts received after 16:00, the day of payment is considered to be the next working day.
For more information on how to place a standing order in the internet banking application of OTP Banka ELEMENTA, click on the following link. For all those who do not have the ELEMENTA application activated, they can place a standing order in all OTP Bank branches.