K&H investment funds

Build a flexible portfolio. In K&H’s offer you will always find the investment funds that best fit your goals, return expectations and risk appetite.

  • a broad range of products
  • exciting investment stories
  • professional management, transparent operation
K&H investment funds

As part of portfolio building, we manage your investments in line with your personal financial goals and risk appetite. At K&H, we aim to offer a fitting financial solution to all age groups in all life situations by building a flexible and diverse portfolio.

To achieve this goal, please, take note of our K&H investment funds, which

  • can offer a solution in a variety of life situations (e.g. for creating a security buffer, or preparing for unexpected expenditures or specific future plans);
  • allow you to find those that have the best fit with your yield expectations and risk appetite (from defensive money market funds to the most daring equity funds);
  • are available starting from a few months investment horizon, stretching to multi-year products optimised to match the term of the K&H long-term investment account

Thanks to our diverse investment fund product range, it is possible to create tailor-made portfolios, supported by our expert colleagues.

what are investment funds?

investment funds represent a collective form of investment, where

  • Fund Management pre-announces the fund’s goal, investment policy and conditions of operation
  • investors may join the fund by purchasing investment units
  • their money will be added to the pool created by the rest of the investors, to be managed by Fund Management along standard principles
  • investors share in the fund’s assets/return in proportion to the investment units they hold

types of investment funds

Open-ended funds – here investors can purchase or redeem investment units at any time.

we can distinguish the following key types, depending on the investment policy followed:

  • money market funds - the portfolio primarily holds short-term deposits with tenors of just a few months, short-term Government bonds and other money market products
  • bond funds – consist of Government bonds and corporate bonds
  • equity funds – hold shares primarily
  • balanced funds: they can contain a mixture of Government bonds, corporate bonds and shares. They represent a diverse portfolio in themselves.

Closed-end funds – here, funds have a maturity, and investment units may not be redeemed before the maturity date. Instead, investors can buy or sell investment units on the secondary market (Stock Exchange).

With closed-end funds we can share in some exciting and relevant investment stories in a safe manner, subject to a fixed tenor, whilst protecting a given part of invested capital.

what are the key benefits of investment funds?

efficiency: Each fund collects money from hundreds or thousands of investors. This allows us to spread management costs over a much larger sum than if investors were to purchase securities and other instruments separately. Pooling funds means that investors can realise higher yields than if they tried to invest individually.

diversity: Customers can choose from a host of investment funds offering optimal solutions for a variety of savings and investment goals. Some funds are better suited for short-term savings goals, while others are more ideal for medium- and long-term savings. By combining investment funds following different investment policies, small investors can access markets and diverse investment options not normally or easily available to such investors.

professional management: By purchasing an investment fund, customers buy not only a type of security but also a service package. In addition to the financial gain, they also directly benefit from Fund Management’s watchful eye over the investment market, as it strives to always find the best investment opportunities for its customers, analysing market trends, and making and executing investment decisions at the right time.

transparent and safe operation: Custody Management, an organisation operating independently from Fund Management, is a financial institution that records securities and money movements linked to fund management activities; and manages the securities and cash accounts of funds. Custody Management regularly checks the compliance of Fund Management with the prevailing legislation and the terms and conditions published in the Bulletin. Custody Management sets the current value of the fund’s investments daily, and publishes the daily value of the fund’s total assets and investment units.

money market funds

  • K&H tőkevédett forint pénzpiaci alap – money market fund
  • K&H euró pénzpiaci alap – money market fund in EUR
  • K&H dollar tőkevédett pénzpiaci alap – money market fund in USD

bond funds

  • K&H rövid állampapír alap – short government bond fund
  • K&H állampapír alap – government bond bund
  • K&H aranykosár alap – bond fund
  • K&H kötvény alap – long bond fund

balanced funds

  • K&H válogatott 1. alap, K&H válogatott 2. alap, K&H válogatott 3. alap, K&H válogatott 4. alap – balanced funds with different risk profiles
  • K&H euro nemzetközi vegyes alap – balanced fund in EUR

CPPI funds

  • K&H megtakarítási cél – február részalap, K&H megtakarítási cél – június részalap, K&H megtakarítási cél – október részalap, K&H vagyonvédett portfolio – április részalap, K&H vagyonvédett portfólió – augusztus részalap, K&H vagyonvédett portfólió – december részalap – balanced funds with floor-monitoring mechanism
  • K&H euro megtakarítási cél – április alap, K&H euro vagyonvédett – október alap – balanced funds with floor-monitoring mechanism in EUR
  • K&H dollár megtakarítási cél – augusztus alap – balanced funds with floor-monitoring mechanism in USD

equity and commodity funds

  • K&H amerika alap – north-american equity fund in HUF and USD
  • K&H ázsia alap – asian equity fund
  • K&H feltörekvő piaci alap – emerging market equity fund
  • K&H ingatlanpiaci alap – real-estate equity fund
  • K&H közép-európai részvény alap – central-european equity fund
  • K&H navigátor indexkövető alap – Hungarian equity fund
  • K&H unió alap – European equity fund in HUF and EUR
  • K&H nyersanyag alap – commodity fund in HUF and USD

absolute return funds

  • K&H szikra abszolút hozamú alap

This advertisement is not considered to be a proposal or a piece of investment advice. For the detailed description of the certain investment funds (Fund), the investment policy and the calculation of net asset value, please, consult the Prospectus and Fund Management Code, available in Hungarian in the branches of K&H Bank Zrt. as leading distributor in a paper-based format and on the www.kh.hu (or www.khalapok.hu) website in an electronic format. Key Investment Information are available from the same sources and include the core characteristics of the Fund in a condensed form, however, it does not provide a full description of the Fund. In order to make a well-grounded investment decision, please, thoroughly review the details included in these documents, with special regard of risks. The net asset value per share of the Fund may show significant volatility! The Fund's past performance is not a guarantee for future performances! The generated returns - except when the revenue is generated on a long-term investment accounts (“tartós befektetési számla”) - are considered to be interest income in compliance of Act CXVII of 1995 on the personal income tax. The payable tax and the healthcare contribution are deductible from the overall amount by the institution upon repurchase. For taxation information related to the returns of your investment please consult the www.kh.hu website or our advisors. Income earned on long-term investment agreements and pension pre-savings accounts are subject to specific taxation rules. Tax-related consequences may be changed in the future, including the possibility of the introduction of new tax types, the actual tax liability at all times be determined only on the basis of individual circumstances. The Funds are managed by K&H Fund Manager, operating on the basis of permits no. III/100.058/2002 and H-EN-III-70/2014 issued by the Hungarian Financial Supervisory Authority (PSZÁF). In the course of selling its products, K&H Bank Zrt. acts in compliance with MiFID provisions. The number of the operating licence of K&H Bank Zrt.: decrees of the Hungarian Financial Supervisory Authority (PSZÁF) (or its legal predecessor) no. 41.064/1998, III/41.064-3/2001, III/41.064-11/2002 and III/41.064-16/2003.