Fund segregations

ERSTE BOND EM GOVERNMENT LOCAL - segregation of illiquid fund assets as of 24 November 2023

For the fund ERSTE BOND EM GOVERNMENT LOCAL, the illiquid, non-fungible assets of the fund will be segregated effective 24 November 2023. These assets with the designation “ABW ERSTE BOND EM GOVERNMENT LOCAL – Investmentfonds in Abwicklung” will be wound up starting on 24 November 2023. Due to the execution of the segregation of illiquid Russian assets of the listed fund (§ 65 InvFG 2011), unit certificate transactions will be suspended for this fund starting on 20 November 2023. The remaining, liquid assets of ERSTE BOND EM GOVERNMENT LOCAL can be dealt in again starting on 27 November 2023.

The unit-holders will be informed of the segregation directly in accordance with Section 133 of the InvFG 2011.

You can find more details at: 

https://issuerinfo.oekb.at/dokument.html?doc_id=194348

https://issuerinfo.oekb.at/dokument.html?doc_id=194381

ERSTE BOND EM GOVERNMENT LOCAL:

Exchange ratio:

In contrast to the split ratio of the unit certificates of 1:1, the amortised cost will be allocated at a ratio of 99,69945% (segregated fund ERSTE BOND EM GOVERNMENT LOCAL) to 0,30055% (segregated assets or side pocket ABW ERSTE BOND EM GOVERNMENT LOCAL – Investmentfonds in Abwicklung).  

ABW ERSTE BOND EM GOVERNMENT LOCAL – Investmentfonds in Abwicklung:

You will find the annual liquidation report here from the end of September 2024: