Amundi Short Bond Fund

The Amundi ShortBond Fund is a bond fund which invests its assets primarily in government bonds issued in HUF and the goal of the fund is to ensure capital appreciation that exceeds the yields of money market funds in the medium term with the development of a bond portfolio with a moderate interest rate risk.

Who is the Amundi Short Bond Fund for?

Those who:

are willing to invest in Hungarian government securities,
intend to utilise the opportunity to choose between the fund’s yield-paying and re-investing series,
wish to achieve yields that are higher than those of traditional fixed deposits,
plan their investment for at least 1-3 years,
seek investments for their portfolio with lower than medium risks.

How can you invest your money in the Amundi Short Bond Fund?

Contact our colleagues in our nationwide branch network!

Yield payment in connection with the fund

The fund has a special “Y” (yield-paying) series which pays a yield to the debit of the capital appreciation once a year, according to the method defined in point 31 of the Management Regulation. The precondition for this is that the net asset value (price) of one unit of the fund should exceed the nominal value on the value date³ of 31 October in the subject year i.e. the fund should generate a yield in the previous year. The yield (the portion in excess of the nominal value) will be automatically paid to the cash account of the investors within 10 working days after the above date. Then, the price of the units will fall back to the nominal value. The investment units can be redeemed at any time⁴, regardless of the yield payment.

Series “A” of the fund does not pay any yields, the total yield of this series will be reinvested again according to the fund’s investment policy. The investor can realise the yield of series “A” through the redemption of the investment units. The investment units can be redeemed at any time⁴.

What kind of risks may arise in connection with the fund?

The purchase of the fund’s investment units has several inherent risks, the majority of which can be tracked back to the fact that the value of the assets included in the fund’s portfolio fluctuates. The price changes of the majority of the investment assets included in the fund’s portfolio depend on the macroeconomic situation of Hungary, including the changes to inflation and interest rates, and is significantly affected by the development of equity prices and the extent of the profits achieved by the corporations. However, in the short term, corporate results and the changes to equity prices may differ significantly.

You can receive detailed information on the potential risks of the fund from the official and currently valid Management Regulation (section IV.26) and Key Investor Information Documents (KIID) approved by the National Bank of Hungary (hereinafter referred to as: the Supervisory Authority). Before making the decision on your investment please study all the potential risks of the fund in the aforementioned documents.

For your attention!

Above total savings of HUF 5 million placed at UniCredit Bank, you can enjoy the advantages of the Premium Banking service that ensures personalized investment advice. Please check the details!
With a Long-term Investment Contract, your investments can be tax free if the conditions are met. Please check the details!

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Important:

This information is not comprehensive, for further information including the fund’s investment policy, distribution costs and the investment’s potential risks, please check out the currently valid Prospectus, Management Regulation, Key Investor Information Documents and the bank’s currently valid List of Conditions and Business Rules.

The distributor of the investment units is UniCredit Bank Hungary Zrt. (Activity Licence No.: I-1523/2003), a member of the Budapest Stock Exchange. This information is a commercial communication as per Act CXX of 2001 on Capital Markets and Act XVI of 2014 on collective forms of investment and the managers thereof, and on the modification of certain financial laws, but it does not qualify as a proposal, recommendation or investment consultancy.

Please consider the subject, risk and fees of the investment prior to making your decision on it, along with the potential damages that stem from it. In addition, prior to making your decision, we particularly request you to study the Key Investor Information Documents (KIID) approved by the National Bank of Hungary (hereinafter referred to as: the Supervisory Authority) thoroughly, along with the fund’s official Prospectus and Management Regulation. The approved Key Investor Information Documents related to the fund and its official Prospectus and Management Regulation are available on the Fund Manager’s website at www.amundi.hu, the Distributor’s website at www.unicreditbank.hu and on www.kozzetetelek.hu which is operated by the Supervisory Authority.

We draw your attention to the fact that the profit from the investment and the original value of the investment will fluctuate as a result of which the value of the investment units owned by the investors may be higher or lower than the amount paid upon purchase when sold.

On behalf of the fund, the Fund Manager shall comply with its obligation to provide information regularly in connection with the fund by publishing the annual and the semi-annual reports as well as the monthly portfolio reports on the places of disclosure (the Fund Manager’s www.amundi.hu, and www.kozzetetelek.hu which is operated by the Supervisory Authority).

¹ If 31 October is a working day, the achieved yield is calculated based on the price valid on the first working day following this date.

² You can submit orders for the redemption of investment units by 4.00 p.m. on each banking day at the branches, on the Internet or through the UniCredit Phone Banking service, according to the UniCredit Bank’s currently valid list of conditions. Please familiarise yourself with the order of trading from the fund’s official, currently valid documents (the fund’s Prospectus, Management Regulation and UniCredit Bank’s List of Conditions).