OTP CETOP UCITS ETF – Beyond 100 Million Euros
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Summary - OTP Group’s first nine months 2025 results
In the first nine months of 2025 OTP Group achieved outstanding results with cumulated profit after tax amounting to HUF 886 billion/EUR 2.2 billion and ROE reaching 22.7% with the even recognition of special expenditure items (special banking taxes in Hungary, supervisory charges in Bulgaria, Hungary and Slovenia) booked at the beginning of the year in lump-sum for the whole year.
OTP Group strengthens its presence on the Slovenian capital market with its own fund management company
OTP Group continues its expansion in a dynamically growing market with promising growth potential: two of its members are acquiring a Slovenian investment fund management company, Primorski skladi d.o.o., Koper. Through the joint acquisition by OTP Fund Management Ltd. (hereinafter OTP Fund Management) and OTP banka d.d. (hereinafter OTP banka Slovenia), the product portfolio of OTP’s Slovenian subsidiary will be complemented with local investment funds. Meanwhile, Hungary’s dominant* fund manager strengthens its regional presence in Slovenia, following successful expansions in Bulgaria, Croatia, Ukraine, and Serbia.
The exchange-traded regional investment fund jointly developed by OTP Fund Management and OTP Bank has increased its net asset value more than one hundredfold since its launch. In less than two years, the assets under management of the OTP CETOP UCITS ETF have exceeded 100 million euros. By bringing together the 25 most actively traded and largest listed companies in Central and Eastern Europe into a single product, the fund has also become especially popular among retail investors.
The OTP CETOP UCITS ETF has reached an important milestone: the net asset value of the exchange-traded fund focusing on Central and Eastern European blue-chip stocks has risen above 100 million euros. Launched in spring 2024, the ETF has quickly become one of the fastest-growing investment products on the Hungarian market. This growth shows that interest in regional equity markets is increasing not only among institutional investors, but also among private individuals.
“The strength of the OTP Group lies in group-level cooperation and cross-border knowledge sharing. As a Budapest-based multinational company, we have deep regional market knowledge in Central and Eastern Europe, which provides strong support to our clients. This shared expertise and our close cooperation with OTP Fund Management made it possible to create a product that fills a real gap in the market: the OTP CETOP UCITS ETF. Reaching 100 million euros in less than two years is not just an impressive figure, but clear proof that with the right structure and transparent operation, a leading regional investment product can be built. One that can serve as a regional benchmark and help maintain long-term interest in Central and Eastern European markets,” said Attila Bánfi, Managing Director of OTP Global Markets.
The fund provides access to the region’s largest and most actively traded listed companies through a single investment instrument. This makes it easier to invest in the region for those who previously considered it too risky or too complex to invest separately in different countries. This applies to both retail and institutional investors, as many institutional players were previously unable to enter Central and Eastern European capital markets due to legal or settlement-related barriers. The OTP CETOP UCITS ETF, which is also available in derivative form, supports better market understanding and long-term thinking in the region’s equity markets.
“With the OTP CETOP UCITS ETF, we have created a missing link that connects investors with the leading companies of our region in a cost-efficient way,” said Tibor Turner, Deputy CEO of OTP Fund Management. He added that Central and Eastern European equity markets remain undervalued compared to developed markets, which may offer an attractive entry point for investors over the long term.
“In 2025, the CETOP NTR index was the most actively traded ETF on the Budapest Stock Exchange, and its 56 percent increase clearly shows the strength of Central and Eastern European equity markets. The growth of the index and the popularity of the ETF indicate that regional companies, including Hungarian ones, are attractive to both domestic and international retail and institutional investors. The product created by the OTP Group is an important part of the Budapest Stock Exchange’s offering and demonstrates the long-term professional value of cooperation between OTP and the exchange,” said Tibor Tóth, CEO of the Budapest Stock Exchange.
The OTP CETOP UCITS ETF has also received strong professional recognition. In 2024, it was awarded a special prize at the Austrian XENIX ETF Awards, followed by the “Product Innovation of the Year 2024” award at the Budapest Stock Exchange’s BÉT Legek event. In 2025, it also received the “Fund Management Development of the Year” award at the Portfolio Professional Investment Day.
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The prices of financial instruments and securities may fluctuate, and immediate sale may take place at the prevailing market price, which may result in a loss. The information and opinions contained in this communication do not replace or substitute for a thorough review of the official issuance documentation (such as the prospectus and fund rules), as well as the relevant product descriptions and announcements.
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The past performance of the OTP CETOP UCITS ETF does not provide any guarantee of future returns. Detailed information on the fund’s investment policy and potential risks is available in the Key Information Document, the official prospectus, and the fund management rules, which can be found on the website of OTP Fund Management.
Daily net asset value data, annual and semi-annual reports, and official announcements are available free of charge in Hungarian at the distribution points, at the registered office of OTP Fund Management, on the websites of OTP Bank and OTP Fund Management, as well as on the website of the Hungarian National Bank. Monthly performance scenario calculations for the fund are published on the OTP Fund Management website. The indicative net asset value of the fund’s units is available on the website of the Budapest Stock Exchange.
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