A balanced portfolio seeking attractive valuations and high growth opportunities
ISIN
LU0046217351
NAV
EUR 70.41
As of
2024/12/20
1-Day Change
EUR -1.25 (-1.74%)
As of
2024/12/20
Morningstar Medalist Rating ™
Key investment risks:
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The Fund aims to provide capital growth over the long term.
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The Fund invests at least 75% of its assets in shares (equities) and equity-related securities of companies which will generally fall within the bottom 25% of their relevant market by way of market capitalisation in any industry, in the EEA or the UK if not part of the EEA. Companies will have their registered office in the EEA or the UK if not part of the EEA.
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| Asset class | Equities |
| Product Structure | SICAV |
| SFDR Categorisation | Article 8 |
| Inception Date | 1 Aug 1993 |
| Base Currency | EUR |
|
Fund Assets As of 30/11/24 |
1.21B |
| Sector | Morningstar Europe Small-Cap Equity |
| Benchmark | MSCI Europe Small Cap Index |
| Year End | 30-Jun |
| Pricing Basis | Single Priced |
Portfolio Manager | Deputy Portfolio Manager (2014) - The European Smaller Companies Trust PLC
Industry since 2001. Joined Firm in 2013.
Portfolio Manager | Deputy Portfolio Manager (2024) - The European Smaller Companies Trust PLC
Industry since 2009. Joined Firm in 2018.
| Cumulative | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1MO | 3MO | 6MO | YTD | 1YR | 3YR | 5YR |
Since Inception 1993/08/27 |
|
| A2 EUR (Net) | 0.07 | -5.87 | -7.35 | 4.54 | 11.33 | 1.43 | 38.56 | 1485.45 |
| MSCI Europe Small Cap NR | 1.23 | -2.91 | -2.48 | 5.94 | 13.33 | -3.51 | 26.75 | 1375.39 |
| Europe Small-Cap Equity - OE | 0.34 | -3.62 | -5.29 | 1.14 | 7.88 | -17.21 | 16.82 | 1199.01 |
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| A2 EUR (Net) | 8.00 | -15.19 | 21.17 | 13.97 | 34.27 |
| MSCI Europe Small Cap NR | 12.74 | -22.60 | 22.93 | 7.32 | 28.65 |
| Europe Small-Cap Equity - OE | 7.08 | -26.43 | 25.72 | 12.51 | 27.19 |
Recommended holding period 5 Years
Example Investment: EUR 10,000
| Scenarios | If you exit after 1 year | If you exit after 5 years | |
|---|---|---|---|
| Minimum | There is no minimum guaranteed return. You could lose some or all of your investment | ||
| Stress | What you might get back after costs | 1,020 EUR | 1,060 EUR |
| Average return each year | -89.82% | -36.20% | |
| Unfavourable | What you might get back after costs | 7,070 EUR | 7,830 EUR |
| Average return each year | -29.30% | -4.77% | |
| Moderate | What you might get back after costs | 10,330 EUR | 14,030 EUR |
| Average return each year | 3.31% | 7.01% | |
| Favourable | What you might get back after costs | 18,760 EUR | 21,300 EUR |
| Average return each year | 87.64% | 16.33% | |
| Initial Charge | 5.00% |
| Annual Charge | 1.20% |
| Ongoing Charge (As of 2023/06/30) |
1.87% |
| Performance Fee | 10% of the 'Relevant Amount' |
| Hurdle Rate | MSCI Europe Small Cap Index |
| % of Fund | |
| IG Group | 3.16 |
| Van Lanschot Kempen | 3.11 |
| TKH Group | 2.33 |
| SUSS MicroTec | 1.92 |
| KSB | 1.80 |
| Gaztransport Et Technigaz | 1.75 |
| Criteo | 1.74 |
| Renewi | 1.72 |
| R&S Group | 1.63 |
| Crest Nicholson | 1.47 |
Our intellectual capital is readily available and central to our Knowledge Shared approach"
Global small caps offer investors long-term returns potential. Here we summarise the views of our small cap experts to questions from investors.
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