About the fund

VIG Panorama Absolute Return Investment Fund

The objective of the Fund is to achieve a return in excess of the benchmark index through the positions it takes and the exchange rate movements.

The Fund seeks to choose from the different investment schemes with the greatest possible freedom and without any industry or geographical specification.

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By monitoring global economic trends, the Fund tries to identify medium-term trends and themes ? such as inflation or deflation, globalisation or deglobalisation ? that may play an important role in shaping capital market movements over the Fund's investment horizon. Once these themes have been identified, the Fund will take positions that offer the expected return if these trends materialise. The Fund actively allocates money across different asset classes (equity / bond /foreign currency /commodity markets) and also within each asset class, depending on which assets or asset classes are most likely to benefit from the identified economic trends. The Fund, seeking to exploit a combination of medium- and long-term trends in various instruments, may buy or sell shares, bonds and other securities, or acquire long or short futures (stock-exchange) or forward (OTC) positions, and may also enter into options transactions. The Fund may thus assume interest rate risk, currency risk, credit risk, as well as equity market risk. The Fund Manager selects investment instruments and adjusts their weighting, using its fundamental and technical analysis tools, in such a way that the Fund has the opportunity and scope to outperform the benchmark, with reasonable risk taking and appropriate diversification. The Fund does not designate a country, region or industry as its investment destination and its outlook is global. The Fund may, on occasion, have significant unhedged or other currency exposures. The Fund may take leveraged or net short positions, subject to the limits determined in statutory regulations. No individual investor's decisions can be made in the Fund. The Fund Manager minimises the currency risk of the Fund's currency series against the base currency by means of foreign exchange futures allocated only to this series

Available funds

Date - 02/12/2024

VIG Funds Series Start Risk Recommended Time ISIN Code Change Price
Panorama C series CZK 09/11/2022 3 3 years HU0000730635 +0.077% 1.118
Panorama E series EUR 18/12/2014 3 3 years HU0000714274 +0.093% 0.923
Panorama U series USD 18/12/2014 3 3 years HU0000714282 +0.092% 1.067
Panorama A series HUF 27/11/2014 3 3 years HU0000714266 +0.119% 1.220
Panorama EI series EUR 25/07/2022 3 3 years HU0000729611 +0.087% 1.083
Panorama I series HUF 27/11/2014 3 3 years HU0000714308 +0.117% 1.355
Panorama P series PLN 21/01/2015 3 3 years HU0000714290 +0.103% 1.693
Panorama R series HUF 21/01/2015 3 3 years HU0000714316 +0.118% 1.329
Panorama UI series USD 25/07/2022 3 3 years HU0000729629 +0.127% 1.114

Date - 02/12/2024

VIG Funds YTD 1 month 3 months 6 months 12 months 3 years 5 years 10 years From beginning
Panorama C series 3.931% 0.094% 0.646% 0.243% 4.54% - - - 11.820%
Panorama E series 2.637% 0.196% 0.763% 0.052% 3.245% 7.833% 21.186% - -7.699%
Panorama U series 3.325% 0.266% 1.02% 0.645% 4.741% 12.809% 29.646% - 6.742%
Panorama A series 6.529% 0.457% 1.475% 1.537% 7.411% 34.179% 52.889% 22.054% 21.985%
Panorama EI series 3.83% 0.314% 1.075% 0.681% 4.482% - - - 8.250%
Panorama I series 7.894% 0.594% 1.824% 2.317% 8.889% 38.806% 61.706% 35.608% 35.532%
Panorama P series 5.256% 0.361% 1.3% 1.108% 5.691% 74.825% 97.805% - 69.343%
Panorama R series 8.016% 0.605% 1.854% 2.378% 9.021% 39.294% 62.766% - 32.858%
Panorama UI series 4.356% 0.313% 1.089% 1.25% 5.85% - - - 11.374%

Date - 02/12/2024

VIG Funds 12 months Year 2023 Year 2022 Year 2021 Year 2020 Year 2019 Year 2018 Year 2017 Year 2016 Year 2015
Panorama C series Investment Ticket 4.54% 5.45%
Panorama E series Investment Ticket 3.24% 0.41% 3.24% 9.30% 2.14% 8.20% -7.98% -1.52% -8.82% -13.06%
Panorama U series Investment Ticket 4.74% 3.48% 4.13% 10.41% 3.24% 11.03% -5.56% 0.14% -7.92% -12.99%
Panorama A series Investment Ticket 7.41% 13.02% 9.69% 10.80% 2.33% 9.03% -7.66% -0.90% -7.38% -11.89%
Panorama EI series Investment Ticket 4.48% 2.64%
Panorama I series Investment Ticket 8.89% 14.22% 10.76% 12.14% 3.40% 10.14% -6.74% 0.10% -6.39% -11.07%
Panorama P series Investment Ticket 5.69% 52.28% 7.41% 9.77% 2.39% 10.45% -6.42% 0.48% 7.08%
Panorama R series Investment Ticket 9.02% 14.34% 10.89% 12.31% 3.55% 10.30% -6.60% 0.56% -9.01%
Panorama UI series Investment Ticket 5.85% 4.70%

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Related documents

Information Sheets (2)

Management Policies (2)

KID(10)

Auditor's Reports(2)

Semi-Annual Reports(2)

Monthly Newsletters(90)

Annual Reports(2)

Portfolio managers

György Pálfi

Head of Equities

Gábor Németh

Senior Portfolio Manager

Zsolt Kardos

Portfolio Manager

Ádám Bakos

Head of Bonds