loading...The management of this sub-fund is geared towards capital gains. It is invested mainly in French equities and in a selection of international companies with solid financial foundations and excellent earnings potential. Quoted in Euros, the recommended investment period is five years.
The SICAV invests directly in listed securities traded on official stock exchanges that are recognised and open to the public. It builds its portfolio based on an in-depth analysis of macroeconomic factors (currencies, commodities, geographical regions, etc.) and company profiles offering strong development prospects.
Objective and philosophy
The manager favours “blue chip” stocks, known for their quality, security and ability to generate profits. This sub-fund aims to achieve reasonably high performance while following a prudent policy focused on preserving the capital invested.
The fund follows the manager’s objective convictions:
- to focus on economic sectors and geographical regions that appear to offer the best long-term prospects for growth or security.
- not to use any speculative leverage.
- to refrain from investing in other funds in order to know the exact composition of your investment.
- Prudence, stability and balance form the guiding principles of the investment policy
Laurent Billod
Investment Advisor
Flexibility and discipline
The SICAV is composed mainly of French equities and international bonds (EUR, CHF, USD, etc.) issued by companies with solid financial foundations and excellent earnings potential:
Equity investment contributes to the growth and development of the economy. It is indeed an investment with many qualities for savers who know they can keep their savings invested in equities over the long term.
Source: AMF study, Thomson Reuters: base 100: January 2013
Revenue growth, profitability... The manager focuses on economic and financial performance, while also relying on close observation of market behaviour.
Risks
- Equity risk: the net asset value of the fund may fall in the event of negative movements in equity markets.
- Currency risk: this is linked to exposure to a currency other than the fund’s valuation currency.
- Credit risk: loss of value linked to the insolvency of issuers.
- Interest rate risk: this may result in a decrease in the net asset value in the event of interest rate movements.
- This fund does not provide any capital guarantee.
Advantages
- Conviction-based management: independence and transparency
- The freedom to choose the currency in which you make subscriptions or redemptions (EUR, YEN, USD, etc.)
- The possibility of subscribing through a life insurance contract (European passport)
- High asset liquidity (maximum 1 month for 100% of the SICAV)
- No speculative leverage (warrants, swaps)
- Asset transparency
- Non-benchmarked funds
Main characteristics
| Cosmos-Lux International Diversified | |
| ISIN code | LU0090272112 |
| Valuation | weekly |
| Website | www.cosmos-lux.com |
| Fees | management fee (fixed): 1.25% subscription fee (max.): 4% redemption fee: 0% |
| Prospectus | available on request from the investment advisor. |
| Sub-fund currency | EUR |
| Allocation of results | capitalisation |
| Target subscribers | all subscribers |
Recommended investment period
Overall risk
Did you know?
Since the subprime crisis and the Madoff affair, the issue of toxic assets has emerged in the day-to-day management of funds. From a safety perspective, it is wise not to invest in a fund whose composition you do not know (for example, “funds of funds”, now offered by many banking institutions). To ensure the sustainability of the listing, we choose to invest only directly in known securities and large capitalisations, thereby guaranteeing full transparency for our investors.
Disclaimer
UCITS are products that involve a relatively high level of risk for your capital. You are advised to invest only funds that you can afford to lose. Investments in financial markets may not be suitable for all investors, which is why it is important to make sure you understand the risks involved. A full description of the fund is provided in the prospectus, which we recommend you read. The information contained in this document is provided for information purposes only and shall not constitute contractual or legal information. Past performance is not a reliable indicator of future performance. The fund offers no capital guarantee.
