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 marketing advertisement is not intended as a proposal or a piece of investment advice.  The detailed description of the Fund is included in the Prospectus and the Fund Management Code as well as in the Key Information Document available in Hungarian in the branches of K&H Bank Zrt. as leading distributor and online on the following websites: www.kh.hu and www.khalapok.hu. In order to make an informed investment decision, please review the details included in these documents thoroughly, especially in terms of risks. At the end of the term the Fund Manager has the right to transform the Fund, subject to the approval of the National Bank of Hungary and with the prior announcement of the terms and conditions, even without express consent from the investors; it must, however, offer the option of redeeming the fund units. In the course of that process the name, investment policy and risk (MIFID) category of the Fund may change. The Fund Manager may also decide to merge the Fund with another fund. To find out more about the distribution costs of the investment units, please consult the announcements of the distributors. The Fund invests in derivative instruments and is therefore exposed to risks above the ordinary. The net asset value of the Fund may fluctuate significantly over the term, the 95% protection of the nominal value of the investment units and the potential rate of return apply only to investments held to maturity and are secured only by the financial assets and the investment policy of the Fund. The Fund does not make any promise of capital or yield protection, and neither does the Fund or any third party offer such a guarantee! Historic yields do not represent a guarantee for future performance. Unless it constitutes income from long-term investment, the yield of the investment units is considered to be interest income, from which the payer must deduct the taxes payable at the time of payment. The precise amounts of taxes payable will always be calculated with reference to the specific circumstances, and tax regulations may change in the future. Income earned on long-term investment contracts is subject to specific tax rules. The Fund is managed by K&H Alapkezelő Zrt., which pursues its activity based on HFSA Resolutions no. III/100.058/2002 and H-EN-III-70/2014. K&H Bank Zrt. sells its products in accordance with the provisions of the MiFID Directive. K&H Bank Zrt. is a member of the Budapest Stock Exchange. Number of its operational licence: Resolutions of the HFSA (and its legal predecessor) no. 41.064/1998, III/41.064-3/2001, III/41.064-11/2002 and III/41.064-16/2003.