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Vector Flexible C11

1 760,69 EUR

NAV 12/04/2021

-5,27 EUR (-0,30%)

Evolution compared to the last NAV
Funds'name

Vector

Type

Global

Rating 3
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Minimum buy value

no minimum for KEYPLAN

Minimum sell value

no minimum for KEYPLAN

Cap/Dist

Capitalisation

Regional split

Sectorial split

Major holdings 31/12/2020

Microsoft Corp 1,94%
AMDOCS LTD 1,71%
Agilent Technologies 1,66%
Abbvie Inc. 1,64%
Johnson Controls International 1,63%
BE Semiconductor Industries NV 1,59%
JOHNSON and JOHNSON 1,58%
SAMSUNG ELECTRONICS CO LTD 1,47%
VALE SA PREF 1,47%
APPLE INC 1,45%

Factsheet

Isin LU0558384458
Name Vector Flexible C1
Total Assets 75 million EUR
Fund type Mix funds
Management fee 1,95%
Distribution fee 0,7% on the amount of the position
Fund manager Werner Smets / Thierry Vandeghinste
Fund manager since 22/11/2010
Legal type and nationality Investment company according to Luxembourg law
Financial Service Banque Privée Edmond de Rothschild Belgium
Frequency Listing daily
Investment Horizon > 5 years
Investment Category Mixed flexible
European Passport Yes
Quote Currency EUR
Publication NV www.beama.be
Duration undetermined

Registration and reception of the requests of issue/redemption/change of sub-fund

Each subscription/redemption request of shares can be introduced and registered on each working day before 11h30 (Belgian time) through the transaction site of Keytrade Bank. If we receive your order before 11h30, it will be executed at the NAV of the same day (D), of the following day (D+1) or the next following day (D+2), depending from the fund.

If you want to be certain about the NAV of execution, we advise you to check the prospectus (see conditions for the subscription and the redemptions of shares). If Keytrade Bank receives your order after 11h30, the order will be considered being placed the following day.

Requests for changes of sub-fund are not possible at Keytrade Bank

Risk

Equity risk

Volatility Risk

SRRI risk indicator 2

Lower risk
Higher risk
 
Potentially lower return
Potentially higher return
 
 
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  • 7
 

 

2 The synthetic risk indicator gives an indication of the risk associated with investing in a collective investment. The scale goes from 1 (weakest risk) to 7 (highest). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)

Tariff structure

Stock exchange tax at redemption 1,32%, max 2000€
Withholding tax not applicable
Capital Gains Tax 25% *
Entry fees 0 EUR
Exit fees 0 EUR **

For other, non-current costs that might be paid by the investor, we refer to the prospectus

* 25% withholding tax on the realised gains on the fixed income part of the fund if the fund contains more than 25% of fixed income products

** If you transfer a fund/the funds of your Keyplan to your trading account before the end of the fifth year, you will have to pay fees of € 9.95 (per transferred fund).

Investment policy

The Fund is a global equity fund that is actively managed on the basis of a set of mathematical valuation models. Throughout a full business cycle, the Fund aims to maximise its alpha while targeting a beta of between 0.5 and 0.7 with the global equity markets - MSCI ACWI calculated ex-dividend (in euro). While the fund strives to have a similar geographical and sector distribution as the benchmark (active weights held at less than 12.5%), a significant part of its investments may not be part of or may have different weightings than the benchmark. Put differently, while the equity part of the portfolio tries to maintain a similar level of risk (ex?ante tracking error below 7%) as the MSCI ACWI the investment manager has the discretion to invest in companies, countries or sectors not included in the benchmark in order to take advantage of specific investment opportunities and generate alpha. Moreover, while the fund tries to maintain a similar equity exposure as its benchmark (60% MSCI ACWI + 40% EONIA) over a full business cycle, the exposure to equity may be very different during any given year. Depending on market conditions, the Fund may invest up to 100% of its assets in cash or money market instruments. In order to achieve outperformance the Management Company systematically screens global equity markets in search of undervalued stocks, by assessing over 2500 companies on a quantitative basis on their growth, risk and valuation properties. Out of this vast universe, a portfolio of at least 50 companies is constructed, based on their chances of outperforming their peers in the months following their selection. The Fund always aims for a well-balanced diversification of its equity holdings over different sectors and regions (developed as well as emerging), without however subjecting to formal limits, apart from the investment restrictions contained above and in the main part of the Prospectus. Investments may be redeemed every business day (every weekday of the month on which banks are open for business in Luxembourg). Subscription and redemption requests are centralised on each of these days before 11:00 Luxembourg time. Capital gains and other income of the Fund will be capitalised. The Fund may invest up to 10% of its net assets in units or shares of UCITS. It may also use futures and other derivatives to hedge its currency and market exposure. The Fund may not be suitable for investors planning to withdraw their investment within five years

If you have a complaint, please contact our Legal Department:  compliance@keytradebank.lu

If the complaint is not handled to your full satisfaction, you may submit it to the CSSF: http://www.cssf.lu/consommateur/reclamations/

1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.

3 When you would like to have more information on the diamond rating of VWD, please click here.