Zagreb, 18 January 2018 – Erste Adriatic Bond has exceeded HRK 2 billion in assets, thus fortifying its position as the third largest fund in Croatia. As of 17 January 2018, the funds’ assets amounted to HRK 2,010,286,986.62, while the yield from the beginning of the year to 17 January 2018 reached 0.65%.

“Over the years, Erste Adriatic Bond has built a large client base, mostly consisting of natural persons, but also local and international institutional investors. We are very pleased with the results accomplished so far, in asset growth as well as the yields. This way we have additionally confirmed the position of Erste Asset Management as one of the leading investment fund management companies both in the country and the entire Southeast Europe,” commented Josip Glavas, Chairman of the Management Board, Erste Asset Management.

Erste Adriatic Bond is intended for more conservative investors, natural and legal persons looking to achieve a certain yield by investing their assets for a suggested period of at least two years, with a moderate level or risk. The fund mostly invests in debt securities and money market instruments in the Republic of Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Montenegro, Albania, Romania, Hungary, and Bulgaria.

As of 17 January 2018, Erste Asset Management’s total assets under management in Croatia, including private portfolio management, exceeded HRK 5.16 billion, including HRK 4.30 billion in UCITS funds, HRK 244 million in alternative funds, and HRK 619 million in individual portfolios.