Know-how

How our products work, their benefits and risks, important information

Mutual funds

Mutual fund is an asset made up of securities and money, which is divided into shares and which is co-owned by the shareholders. Legally, mutual funds are regulated in the Securities and Collective Investments Act.

Bonds and Structured notes

Bonds are interest-bearing securities that represent the issuer's obligation to repay the interest (the so-called coupon) and borrowed capital within the agreed terms. The owner of the bond is a creditor of the issuer. An investor can get a double return - a coupon and possibly a profit from the exchange rate difference in the event of a favorable change in the bond price. Within the general group of bonds, there are other subgroups that have their own specifics, which you can read about below.

Premium deposits

Premium deposit is a one-off cash deposit in Czech crown, euro or US dollar, the interest income of which is made up of a premium.

Premium deposits FX

Certificates

Certificates are an alternative to buying bonds and shares, the investor can choose from a wide range of options according to the underlying asset and risk profile.
Certificates are debt securities where the issuer of the certificate undertakes to pay the investor for borrowed funds within a predetermined range, but its current price is derived from the development of the prompt price of its underlying asset. They are usually linked to the development of individual stocks, stock baskets, stock indices, currency rates and commodities and can bring additional income in times of growing, stagnant and falling markets.

Turbo long/short

Participation certificates

Bonus certificates

Trading of securities on stock exchanges

Stock exchange trading is the buying and selling of securities such as stocks, bonds, commodities and other financial derivatives with the ambition of making a profit. Trades take place on an exchange, which is a centralized place where buyers and sellers meet and where asset prices are created based on supply and demand.

 

Trading of securities on stock exchanges

Prague Stock Exchange

Securities trading on foreign exchanges

Exchange Traded Funds (ETF)

Funds that are traded on exchanges just like stocks. Unlike classic funds, they are not actively managed by a portfolio manager, but copy the composition of the selected index according to the official composition of assets in the index (they contain all index titles or only a representative sample). The composition of the fund usually changes when there is a change in the composition of the index or when the volume of the fund decreases or increases.

Exchange Traded Funds (ETF)

Exchange rates of Česká spořitelna

An exchange rate is the value that one currency has in relation to another currency. It expresses the ratio between two currencies of a currency pair and determines how many units of one currency are needed to obtain a unit of the other currency.

 

Exchange rates

Gold ingots

A gold ingot is a truly exclusive product among objects made of precious metals and especially gold. However, gold ingots are not only a luxury gift that you can give to others, they are above all products with a future.

Gold ingots