FUNDS

There are thousands of open-end mutual funds operating on the Czech market, and even hundreds of thousands on the global level. The operating principle of most of these funds is basically identical – with exceptions, they enable even small investors to acquire a share of investments, which they would not be able to afford otherwise and which they would have no access to. The sales of share certificates of an open-end mutual fund generate capital, which is collected by an investment company for further investments. Sufficient capital is generated by a larger number of investors, who invest their financial resources in the fund. Upon a purchase of the share certificates, they become shareholders of the mutual fund. Each fund adheres to its Prospectus, which accurately defines, what the fund can and cannot invest in. The decision about the management of the shareholders’ investments will be made by experts (managers of the funds), who not only have a suitable professional background for their position, but also sufficient information and instruments for an immediate reaction to the developments on the capital markets.

Based on an investment aim, risk level, return or the recommended term of investment, the funds are classified as follows:

Secured funds , which are suitable mainly for cautious or conservative to very conservative investors. These funds, similarly as guaranteed funds, not only guarantee a return of the amount invested upon maturity but they also contain mechanisms, due to which they might generate an interesting return.

Money market funds invest in secure instruments – mainly short-term bonds, treasury notes, or bank time deposits. They pose the least risk and their return tends to be higher than time deposit interests. The majority of resources of domestic funds are usually invested in Czech crowns; the exchange rate of the Czech crown therefore cannot affect the fund performance.

Bond funds – mainly invest in medium-term bonds. Their value may fluctuate slightly in the short run; however, the expected return in the long run is higher than in case of money market funds. This type of funds is also popular with conservative investors. Bond funds are suitable for medium-term to long-term investments.

Balanced funds invest in shares, bonds, and money market instruments at the same time. Their advantage is that they offer an extensive distribution of investments in various instruments to their shareholders. The offer of the balanced funds therefore addresses investors oriented at the long-run, who consider an investment horizon of at least three years.

Equity funds mainly invest their resources in shares, and they may therefore generate very interesting returns. However, the price fluctuations and declines of these funds may be substantial, that is why a longer investment horizon is recommended. The equity funds’ prices fluctuate strongly in the short run; however, they usually generate substantially higher profits for investors in the long run than investments in other types of funds. These funds are intended for dynamic investors, who consider an investment horizon of approximately five years. 

Funds are classified as follows within IKS and these pages:

Mutual funds of Investiční kapitálová společnost KB a.s. comprise 6 open-end mutual funds:

• IKS Money market PLUS
• IKS Bond
• IKS Bond PLUS
• IKS Balanced –/ conservative
• IKS Balanced –/ dynamic
• IKS World indexes

Display the offer of IKS mutual funds

Display the offer of KB mutual funds

Display the offer of Fénix mutual funds

Display the offer of Guaranteed and Principle-protected funds KB Ametyst

• Via internet banking Mojebanka (you may find information about your investment here – such as value);
• Via telephone banking Expresni linka – it is possible to arrange a meeting with your relationship manager;
• At the toll-free help line 800 111 055.

Display offer of SGAM funds