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Gross performance¹

¹ The management fee, custodian bank fee and all other additional costs are taken into account in the calculation of the unit price as stated in the provisions of the contract. Distributions are reinvested. Performance is calculated using the BVI method (corresponds to the SFAMA-method in Switzerland), which means that the calculations do not include an issuing charge, transaction costs (such as order fees and brokerage fees), custodian bank fees or other management fees. Including the issuing surcharge would reduce performance. | 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, September 24, 2021

Master data

ISIN LU0985094027
Dividend policy Accumulation (T)
Investment company ETHENEA Independent Investors S.A. (Société Anonyme)
Investment category Balanced fund OECD
Total net asset value 2.38 bn EUR
Share class volume 13.74 m USD
Offering price 126.73 USD
Redemption price 123.04 USD
Share class currency USD

All data as of: Friday, September 24, 2021

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: Tuesday, August 31, 2021

All data as of: Tuesday, August 31, 2021

All data as of: Tuesday, August 31, 2021

  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 12/31/2020 1.85%
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 5.83%
Sharpe ratio² 1.27
Average rating Between A- and A
Modified duration³ 4.33 (4.33)
Average current yield p.a. 2.32%
Average YTM p.a. 1.97%
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, September 24, 2021

  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, September 24, 2021

  Further information

Custodian bank DZ PRIVATBANK S.A.
Country of incorporation Luxemburg
Inception date 3/28/2014
Business year end 31.12.

All data as of: Friday, September 24, 2021

Copyright © 2021 ETHENEA Independent Investors S.A. All rights reserved. This is a marketing communication addressed exclusively to professional and/or eligible counterparties in accordance with the MiFID II Directive (2014/65/EU). This marketing communication is for information purposes only and provides the addressee with guidance on our products, concepts and ideas. 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. ETHENEA makes no express or implied warranty or representation as to the accuracy, completeness, suitability, or marketability of any information provided to the addressee in webinars, podcasts or newsletters. The addressee acknowledges that our products and concepts may be intended for different categories of investors. The criteria are based exclusively on the currently valid sales prospectus. This marketing communication is not intended for a specific group of addressees. Each addressee must therefore inform themselves individually and under their own responsibility about the relevant provisions of the currently valid sales documents, on the basis of which the purchase of shares is exclusively based. Neither the content provided nor our marketing communications constitute binding promises or guarantees of future results. No advisory relationship is established either by reading or listening to the content. All contents are for information purposes only and cannot replace professional and individual investment advice. The addressee has requested the newsletter, has registered for a webinar or podcast, or uses other digital marketing media on their own initiative and at their own risk. The addressee and participant accept that digital marketing formats are technically produced and made available to the participant by an external information provider that has no relationship with ETHENEA. Access to and participation in digital marketing formats takes place via internet-based infrastructures. ETHENEA accepts no liability for any interruptions, cancellations, disruptions, suspensions, non-fulfilment, or delays related to the provision of the digital marketing formats. The participant acknowledges and accepts that when participating in digital marketing formats, personal data can be viewed, recorded, and transmitted by the information provider. ETHENEA is not liable for any breaches of data protection obligations by the information provider. Digital marketing formats may only be accessed and visited in countries in which their distribution and access is permitted by law. For detailed information on the opportunities and risks associated with our products, please refer to the current sales prospectus. The statutory sales documents (sales prospectus, key investor information documents (KIIDs), semi-annual and annual reports), which provide detailed information on the purchase of units and the associated risks, form the sole authoritative and 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. These are: Austria: ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG, Am Belvedere 1, A-1100 Wien; Belgium CACEIS Belgium SA/NV, Avenue du Port / Havenlaan 86C b 320, B-1000 Brussels; DEUTSCHE BANK AG, Brussels branch, Marnixlaan 17, B-1000 Brussels; France: CACEIS Bank France, 1-3 place Valhubert, F-75013 Paris; Germany: DZ BANK AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Platz der Republik, D-60265 Frankfurt am Main; Italy: State Street Bank S.p.A., Via Ferrante Aporti, 10, IT-20125 Milan; Lichtenstein: SIGMA BANK AG, Feldkircher Strasse 2, FL-9494 Schaan; Luxembourg: DZ PRIVATBANK S.A., 4, rue Thomas Edison, L-1445 Strassen, Luxembourg; Portugal: Abanca Corporación Bancaria, S.A., Sucursal em Portugal, Rua Castilho, 20, 1250-069 Lisboa; Spain: Capital Strategies Partners, A.V., S.A., Paseo de La Castellana, 178, 3 izda. ES-28046 Madrid; ALLFUNDS BANK, S.A., C/ stafeta, 6 (la Moraleja), Edificio 3 – Complejo Plaza de la Fuente, ES-28109 Alcobendas (Madrid); Switzerland: Vertreterin: 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. Investors can obtain information about their rights from the website www.ethenea.com and from the sales prospectus. The information is available in both German and English, as well as in other languages in individual cases. Explicit reference is made to the detailed risk descriptions in the sales prospectus. This publication is subject to copyright, trademark and intellectual property rights. Any reproduction, distribution, provision for downloading or online accessibility, inclusion in other websites, or publication in whole or in part, in modified or unmodified form, is only permitted with the prior written consent of ETHENEA.