Skip to main content

Gross performance¹

¹ Performance is calculated using the BVI method (corresponds to the AMAS-method in Switzerland). Distributions are directly reinvested in additional shares on the distribution date. The individual costs of the investor, e.g. account keeping fees or subcription fees, are not taken into account. Taking these costs into account will reduce performance. All costs at fund level however, i.e. management and custodian fees, are included in the calculation. | This information is based on historic data. The performance shown is no indicator of future performances. The value of the units can fluctuate. The performance shown does not take into consideration any subscription or redemption fees and/or commissions.

All data as of: Friday, October 7, 2022

Master data

ISIN LU0666484190
Dividend policy Accumulation (T)
Investment company ETHENEA Independent Investors S.A. (Société Anonyme)
Investment category Balanced fund OECD
Total net asset value 2.05 bn EUR
Share class volume 23.76 m CHF
Offering price 129.19 CHF
Redemption price 125.42 CHF
Share class currency CHF

All data as of: Friday, October 7, 2022

The item "Cash" includes term deposits, call money and current/other accounts. The item “Equities net” includes direct investments and exposure arising from equity derivatives | All data as of: Friday, September 30, 2022

All data as of: Friday, September 30, 2022

All data as of: Friday, September 30, 2022

  Fees

Subscription fee up to 3.00 %
Management fee 1.50% p.a.
Administration fee 0.15% p.a.
Custodian fee 0.05% p.a.
Performance fee 20.00% of the outperformance exceeding 5.00% absolute performance (High Water Mark)
TER as of 12/31/2021 1.84%
Regarding the distribution of funds, the investment company can pay commissions to the sales partners. The exact amount has to be inquired at the distributing bank.

  Key figures

Annualised volatility 4.69%
Sharpe ratio² -0.2
Average rating Between AA+ and AAA
Modified duration³ -0.29 (2.65)
Average current yield p.a. 1.41%
Average YTM p.a. 4.21%
² Return beyond the risk-free interest rate in relation to volatility | ³ Modified duration, taking into account the application of use of derivatives.

All data as of: Friday, October 7, 2022

  Risk and reward profile

Lower risk
Potentially lower reward
Higher risk
Potentially higher reward
1
2
3
4
5
6
7
Description: The historical data used for calculating the synthetic indicator are not reliable indication of the future risk and reward profile of the fund. The category shown is not guaranteed to remain unchanged and may shift over time. Even the lowest category does not mean a risk-free investment. Reason for the categorisation: This share class has been placed in the aforementioned risk class because its unit price is subject to little to medium fluctuation, therefore the profit potential and loss exposure may be low to moderate.

All data as of: Friday, October 7, 2022

  Further information

Custodian bank DZ PRIVATBANK S.A.
Country of incorporation Luxemburg
Inception date 9/29/2011
Business year end 31.12.

All data as of: Friday, October 7, 2022

Please read the prospectus and the Key Investor Information Document (KIID) before investing in the fund. This is a marketing communication. It is for information purposes only and provides the addressee with guidance on our products, concepts and ideas. It is not permitted to forward this information, either in whole or in part and regardless of the form, to third parties. The issued units of the fund may only be offered for sale in those jurisdictions in which such an offer or sale is permitted. Accordingly, the units may not be offered for sale or sold within the US, or either to or on account of US citizens or US persons resident in the United States. The detailed instructions in the current sales prospectus on the purchase of fund units apply and must be unreservedly complied with. This does not form the basis for any purchase, sale, hedging, transfer or mortgaging of assets. None of the information contained herein constitutes an offer to buy or sell any financial instrument nor is it based on a consideration of the personal circumstances of the addressee. It is also not the result of an objective or independent analysis. No advisory relationship is established either by reading the document or by listening to it during a presentation. All contents are for information purposes only and cannot replace professional and individual investment advice. For detailed information about opportunities and risks, as well as information relating to the investor profile and the investment policy of our products, please refer to the current sales prospectus. The statutory sales documents (sales prospectus and Key Investor Information Documents (KIIDs), supplemented by the semi-annual and annual reports), which provide detailed information on the purchase of units and the associated opportunities and risks, form the sole authoritative and legally binding basis for the purchase of units. The aforementioned sales documents in German (as well as in unofficial translations in other languages) can be found at www.ethenea.com and are available free of charge from the investment company ETHENEA Independent Investors S.A. and the custodian bank, as well as from the respective national paying or information agents and from the representative in Switzerland. The paying or information agents for the funds Ethna-AKTIV, Ethna-DEFENSIV and Ethna-DYNAMISCH are the following: Austria: ERSTE BANK der österreichischen Sparkassen AG, Am Belvedere 1, A-1100 Wien; Belgium: CACEIS Belgium SA/NV, Avenue du Port / Havenlaan 86C b 320, B-1000 Bruxelles; France: CACEIS Bank France, 1-3 place Valhubert, F-75013 Paris; Germany: DZ BANK AG, Platz der Republik, D-60265 Frankfurt am Main; Italy: State Street Bank International – Succursale Italia, Via Ferrante Aporti, 10, IT-20125 Milano; Société Génerale Securities Services, Via Benigno Crespi, 19/A - MAC 2, IT-20123 Milano; Banca Sella Holding S.p.A., Piazza Gaudenzio Sella 1, IT-13900 Biella; Allfunds Bank S.A.U – Succursale di Milano, Via Bocchetto 6, IT-20123 Milano; Liechtenstein: SIGMA Bank AG, Feldkircher Strasse 2, FL-9494 Schaan; Luxembourg: DZ PRIVATBANK S.A., 4, rue Thomas Edison, L-1445 Strassen; Spain: ALLFUNDS BANK, S.A., C/ stafeta, 6 (la Moraleja), Edificio 3 – Complejo Plaza de la Fuente, ES-28109 Alcobendas (Madrid); Switzerland: Representative: IPConcept (Schweiz) AG, Münsterhof 12, Postfach, CH-8022 Zürich; Paying Agent: DZ PRIVATBANK (Schweiz) AG, Münsterhof 12, CH-8022 Zürich. The paying or information agents for HESPER FUND, SICAV - Global Solutions are the following: Austria, France, Luxembourg: DZ PRIVATBANK S.A., 4, rue Thomas Edison, L-1445 Strassen; Germany: DZ BANK AG, Platz der Republik, D-60265 Frankfurt am Main; Italy: Allfunds Bank S.A.U – Succursale di Milano, Via Bocchetto 6, IT-20123 Milano; Switzerland: Representative: IPConcept (Schweiz) AG, Münsterhof 12, Postfach, CH-8022 Zürich; Paying Agent: DZ PRIVATBANK (Schweiz) AG, Münsterhof 12, CH-8022 Zürich. The investment company may terminate existing distribution agreements with third parties or withdraw distribution licences for strategic or statutory reasons, subject to compliance with any deadlines. A summary of the investor rights in German and English, as well as in other languages in individual cases, can be downloaded free of charge in electronic form from the company's website at www.ethenea.com/summary-of-investor-rights. Explicit reference is made to the detailed risk descriptions in the sales prospectus. Past performance should not be taken as an indication or guarantee of future performance. In principle, prices, values, and returns can both rise and fall, up to and including the total loss of the capital invested, and assumptions and information can change without prior notice. Positive performance in the past is therefore no guarantee of positive performance in the future. The composition of the portfolio may change at any time. No guarantee can be given that the targeted market forecasts will be achieved. The complete and detailed risk descriptions in the sales prospectus apply. Despite careful research, no guarantee can be given that the information is correct, complete or up to date. The content and information are subject to copyright protection. The most recent NAV is available on the investment company’s website www.ethenea.com. The information and opinions expressed in this document represent the assessment of ETHENEA or third parties belonging to the group of companies at the time of publication and may change at any time without prior notice. Future expectations may differ considerably from actual results. The tax situation and impact of an investment decision must always be assessed on an individual basis. Investors should seek professional advice, particularly with regard to legal and tax aspects, before making an individual investment decision. ETHENEA or its affiliated distribution partners may receive remuneration from the distribution of the product. The regulations on remuneration and costs pursuant to the current sales prospectus apply. Copyright © 2022 ETHENEA Independent Investors S.A. All rights reserved.