QUERCUS Balkans and Turkey
Investor's profile
The subfund is dedicated for long-term Investors, with an investment horizon of at least 3 years. The risk level of investing in the subfund is high.
Subfund's performance as of 30.04.2012
| 2008* | 2009 | 2010 | 2011 | 2012** | |
| Subfund | -29.47% | 80.58% | 9.33% | -34.04% | 18.42% |
| Benchmark | -45.59% | 64.99% | 0.29% | -30.30% | 12.81% |
| 6 m | 12 m | 24 m | 36 m | |
| Subfund | 6.13% | -19.74% | -21.73% | 21.42% |
| Benchmark | 1.51% | -26.00% | -24.30% | 13.16% |
*from 28.03.08 to 31.12.08
** from 31.12.11 to 30.04.12
** from 31.12.11 to 30.04.12
Basic data
| Launch date | 28.03.2008 |
| Fund managers | Marek Buczak Sebastian Buczek |
| Type of the subfund | equity |
| Equity allocation | 50-100% |
| Investment horizon | min. 3 years |
| AuM as of 30.04.12 | 32.9 mio PLN |
| NAV as of 30.04.12 | 109.12 PLN |
| Management fee | 3.3% + 20% above benchmark (max. 0.5%) |
| Maximum distribution fee | 3.3% |
| Initial subscription level | 20 000 PLN |
| Custodian | Deutsche Bank Polska SA |
| Subscription account | 09188000090000001300584000 |
| Transfer Agent | ProService AT Sp. z o.o. |
| Infoline for clients | +48 22 338 91 14 |
| Phone orders | +48 22 338 91 15 |
Portfolio statistic
| Average P/E '12 | 9.2 |
| Duration | n/a |
| Number of companies in the subfund’s portfolio |
52 |
| Blue chips | 39.9% of portfolio equity part |
| Mid caps | 43.7% of portfolio equity part |
| Small caps | 16.4% of portfolio equity part |
| FX exposure | |
| TRY | 71.9% |
| EUR | 7.7% |
| RON | 0.0% |
| Other | 20.4% |
| Top 5 holdings | as of 30.04.2012 |
| 1. GARANTI | 6.2% |
| 2. HALKBANK | 4.0% |
| 3. KOZA ANADOLU | 3.7% |
| 4. YAPI KREDI | 3.7% |
| 5. PARK ELEKTRIK | 3.1% |
The Subfund Bałkany I Turcja (QUERCUS Balkans and Turkey) hereinafter referred as the subfund described in this document is the subfund of the QUERCUS Parasolowy SFIO umbrella fund. Information concerning QUERCUS Parasolowy SFIO and its subfunds, including detailed descriptions of investment policy, risk factors, are provided in the Prospectus and Simplified Prospectus available at the Quercus TFI S.A. office and at its website: www.quercustfi.pl. Neither Quercus TFI S.A. nor QUERCUS Parasolowy SFIO shall guarantee the achievement of expected investment targets or the gaining of specified investment results described in this document. Clients of QUERCUS Parasolowy SFIO should consider the capital venture risks of some invested financial sources. The net asset value of the subfund, may fluctuate considerably owing to the fact of investing the assets of the subfunds in shares and derivative instruments. Presented investment performance is calculated for the A class of the subfund’s participation units for the given period of time. Neither Capital Gains Tax nor fees related to purchasing the subfund’s units have been included in the above mentioned results. Indicated rates of return should be treated as a historical data only and shall not guarantee similar results in the future. Individual rate of return depends on the date of purchasing and selling subfund’s units, given fees and Capital Gains Tax. The value of the subfund’s units and fee schedule is available at www.qtfi.pl. This material is a promotional only and is neither intended as an offer nor recommendation to buy or sell any financial instrument. Data and information above provided should not be treated as an investment advice or any other type of advice especially, legal advice. It is necessary to read the Prospectus and Simplified Prospectus before purchasing the subfund’s units.
