World Fund Day on 19 April:
Bank Austria focuses on fund advisory services
- Focus on fund advisory services from 7 to 25 April in all branches and via video telephony offered through the bank's SmartBanking services
- Funds can offer an attractive alternative investment in the current low interest rate environment
- For example, through the Bank Austria Securities Investment Plan (WertpapierPlan) with Pioneer funds: small investment – immeasurable impact
This year again sees the return of World Fund Day on 19 April. This will provide an opportunity for Bank Austria to demonstrate its fund advisory expertise in its branches and through video telephony available via its SmartBanking services. World Fund Day is an initiative launched by the investment fund industry in Austria and organised jointly by VÖIG ("Vereinigung Österreichischer Investmentgesellschaften" – Association of Austrian Investment Management Companies) and VAIÖ ("Vereinigung Ausländischer Investmentgesellschaften in Österreich" – Association of Foreign Investment Management Companies in Austria).
Bank Austria and its funds partner Pioneer Investments Austria will focus on presenting their fund services during the promotion period: 7 to 25 April 2014 is all about World Fund Day.
Investment funds – transparent and flexible
"Our activities during this period will focus on our fund services, because in the present low interest rate environment investment funds, with their diversified investment strategies, can offer interesting opportunities for retail investors", says Helmut Bernkopf, Bank Austria Management Board member responsible for business with private customers and corporates.
"Investment funds provide an easy, transparent and very flexible possibility to use the opportunities available in international capital markets", explains Werner Kretschmer, CEO of Pioneer Investments Austria. The broad range of funds offers products that meet almost every investment need, depending on the investment period and the risk profile.
Further information on investment funds and on World Fund Day is available at: www.pioneerinvestments.at/weltfondstag
"WertpapierPlan"– Bank Austria's securities investment plan scheme
"WertpapierPlan, our securities investment plan scheme, is ideal for investing small amounts in investment funds; this is a particularly flexible arrangement", says Helmut Bernkopf. Bank Austria offers "WertpapierPlan" in conjunction with a wide range of funds managed by Pioneer Investments. Investors can make constant monthly investments in bond funds, equity funds or mixed funds with amounts starting at EUR 40. Our relationship managers put together an investment portfolio that is tailored to the customer’s specific risk profile.
Why has 19 April been chosen as the date of World Fund Day?
This is the second year in which 19 April is celebrated as World Fund Day in Austria. The date was carefully chosen: Adriaan van Ketwich, a merchant born in Amsterdam on 19 April 1744, became the first man to bring together in 1774 a large number of investors to make joint investments. The investors placed their money in something that resembled a fund called Eendragt Maakt Magt (unity makes strong). The fund invested in bonds issued by various governments, in banks and in loans in West India. Van Ketwich realised that broad risk diversification is a key criterion of successful investment. Thus the basic concept of investment funds was born.
|Bank Austria Media Relations||Pioneer Investments Austria|
|Matthias Raftl||Andreas Nurscher|
|tel. +43 (0) 50505 52809||tel. +43 (0)1 33173 2202|
The published prospectuses and the Key Investor Information Documents (KIID) for all funds publicly offered by Pioneer Investments Austria in Austria are available in German at http://www.pioneerinvestments.at.
The above information is a marketing communication and does not constitute an offer, a recommendation to buy or sell, or an investment analysis. The information in particular is not intended to replace specific investment advice or other advice. Investors should only make an investment after having received advice. Past performance is not a guide to the future performance of investment funds, indices or markets.