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EdR Euro Sustainable Growth Thematic equities

Thematic equities
Change in NAV (22/03/2017)
174.74 EUR
Marc  HALPERIN–FR0010850198–
Marc HALPERIN
Jean-Philippe DESMARTIN–FR0010850198–
Jean-Philippe DESMARTIN
The identity of the managers presented in this document may change during the life of the product.
Risk and reward profile (1)
1234567
Recommended holding period
> 5 years
174.74 EUR
Change in NAV (22/03/2017)
6
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (22/03/2017)
174.74 EUR
Risk and reward profile
1234567
Recommended holding period
> 5 years
Marc HALPERIN  
Jean-Philippe DESMARTIN  
The identity of the managers presented in this document may change during the life of the product.
Contact

Investment objective

The UCITS' investment objective, over the duration of the recommended investment period, is to outperform its benchmark by investing in Eurozone companies, combining financial profitability with the implementation of a policy aiming to respect sustainable development criteria.

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Commentary 28/02/2017

On the heels of Wall Street, which has continued to break records (with the Dow Jones climbing for 12 trading sessions in a row to a 30 year record), European indices have maintained their uptrend. In the euro zone, economic statistics have confirmed the private sector business growth we witnessed for several months, with the euro zone's composite PMI peaking at 56.0 in February — very close to a six-year record. The improvement was seen in the manufacturing and services sectors, both in Germany and France. Note that the 10-year bond spread between these two countries widened 25 bps to reach its highest point since 2012, given the approaching presidential elections. On the corporate reporting side, the season has been positive overall, with expectations of EPS growth still climbing in 2017, from +12.8% to +14.3% for euro zone equities. At length, the M&A market has joined in, boosting the performance of certain sectors, such as consumption, after Kraft Foods dropped its $143 billion bid for Unilever, or the Reckitt Benckiser offer for Mead Johnson, which was accepted. At the sector level, pharmaceutical stocks performed well, against a backdrop of a supposed easing in the relationship between industry and the Trump administration regarding the price of prescription drugs. At the other end of the spectrum, financials — with banks in the vanguard — have suffered from rising political risk and falling yields in Europe.

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Change in NAV

Chart – Base 100 (22/03/2017)
Avertissement
You are about to download the historical data for a portfolio. Please note that past performance is not an indication of future performance and it may vary over time. They may be affected, for example, by changes in exchange rates


Performance

Performance R-EUR Cumulative performance Annualised performance
Since 01/01/2017 5.35 %  
1 Year 12.92 % 12.92 %
3 Year 22.78 % 7.07 %
5 year 60.64 % 9.94 %
Since inception 74.74 % 8.14 %
Performance R-EUR Since 01/01/2017 1 Year 3 Year 5 year Since inception
Cumulative performance 5.35 % 12.92 % 22.78 % 60.64 % 74.74 %
Annualised performance 12.92 % 7.07 % 9.94 % 8.14 %


Statistics

VolatilityTracking ErrorCorrelation coefficientInformation ratioSharpe ratio
1 Year3 Year 1 Year3 Year 1 Year3 Year 1 Year3 Year 1 Year3 Year
Share class R-EUR12.69 %13.64 %3.97 %3.64 %0.96 %0.97 %-0.97 %-0.17 %0.98 %0.41 %
Benchmark14.25 %14.53 %
AlphaBeta
1 Year3 Year 1 Year3 Year
Share class R-EUR-0.03 %-0.01 %0.86 %0.91 %
Benchmark
Share class R-EUR
Benchmark
1 Year 3 Year 1 Year 3 Year
Volatility 12.69 % 13.64 % 14.25 % 14.53 %
Tracking Error 3.97 % 3.64 %
Sharpe ratio 0.98 % 0.41 %
Alpha -0.03 % -0.01 %
Correlation coefficient 0.96 % 0.97 %
Information ratio -0.97 % -0.17 %
Beta 0.86 % 0.91 %

Fund information

Inception Date (Fund)
05/07/1984
Inception Date (Part)
04/02/2010
Legal form
Mutual Fund
Benchmark
MSCI EMU (NR)
Currency (fund)
EUR
Currency (share class)
EUR
Distribution Policy
Accumulation
Valuation frequency
Daily
Minimum initial investment
500000.00 EUR
ISIN Code
FR0010850198
AuM (fund)
39 M (EUR)
Regulatory authority
AMF
Management company
Edmond de Rothschild Asset Management (France)
Incorporation
France
Maximum management fee
1,150 %
Current management fee
1.150 %
Subscription and redemption conditions
Daily before 12.30 am C.E.T. on day's net asset value

Fund documentation

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(1) The rating grades the funds on a scale from 1 to 7. This rating system is based on the average fluctuations of the net asset value over the past five years. It corresponds to the variation range of the portfolio upwards and downwards. If the net asset value is less than 5 years old, the rating is determined by other regulatory calculation methods. Historical data such as those used to calculate the rating may not be a reliable indication of the future risk profile. The current category is neither a guarantee nor an objective. Category 1 does not signify a risk-free investment.

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