Edmond de Rothschild

Welcome to our Fund Center

This site provides extensive information about the ranges of Edmond de Rothschild Group funds. In particular, it provides simplified access to key fund-related data (performance, net asset values, features) and their commercial or legal documents.

Please enter your country and indicate which investor category you belong to:
Mobile Logo

EdR Europe Midcaps Europe equities

Europe equities
Change in NAV (16/05/2018)
207.99 EUR
Camilla  NATHHORST ODEVALL–FR0010594275–
Camilla NATHHORST ODEVALL
Ariane HAYATE–FR0010594275–
Ariane HAYATE
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
207.99 EUR
Change in NAV (16/05/2018)
5
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (16/05/2018)
207.99 EUR
Risk and reward profile
1234567
Recommended holding period
> 5 years
Camilla NATHHORST ODEVALL  
Ariane HAYATE  
The identity of the managers presented in this document may change during the life of the product.
Contact

Investment objective

Over a recommended investment period of more than five years, the UCITS is managed with the aim of achieving net asset value growth by investing in mid-cap companies in Europe.The selection criteria will be outlined in the investment strategy.

View more View less

Commentary 30/04/2018

April saw equity markets closing on an uptrend. After a euphoric start to the year, witnessing strong and synchronised global growth, plus the risk of returning inflation, markets were initially hit by resurgent volatility after several months with almost none, and the return of risk to the US technology sector. Rising pressure, both in trade (China/Russia) and geopolitics (Iran/oil), has added uncertainty to the current climate of financial transition (from normalising current or future monetary policies, to increasing volatility). Whether a consequence or a cause, the surprise effects on the economy, while evident for several quarters, have now run out of steam — though without further worsening conditions in the global economy. In fact, though business indicators have not continued to improve they have nevertheless remained at high levels. Another noticeable effect is that stock market valuations are becoming more reasonable. Early Q1 reports have confirmed the momentum driving cyclical growth and are helping the equity market to recover — particularly in sectors such as industrials, luxury goods and technology. Note, too, the rebound in crude prices which have driven oil stocks. Large Cap indices outperformed their Small and Mid cap counterparts in April. Within the portfolio, we reduced our exposure to consumer discretionary equities by exiting stocks like Melia Hotels, OVS (Italian retailer) and Atresmedia (discount). We have also sold our remaining position on Altran: while its merger with Aricent strikes us as convincing, we are worried about execution and integration risks materialising in short term. Ontex was also exited due to the challenging competitive environment that has persisted in mature economies, and problems in Brazil that could take time to resolve. On the other hand, we strengthened on penalised securities such as Subsea 7 and Fnac, and initiated more defensive positions on Elekta (health), for example, and MasMovil (telecoms).

View more View less

Change in NAV

Chart – Base 100 (16/05/2018)
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 I-EUR Cumulative Annualised
Since 01/01/2018

0.59 %

3.39 %

0.59 %

3.39 %

1 Year

2.39 %

6.80 %

2.39 %

6.80 %

3 Year

15.46 %

18.31 %

4.90 %

5.75 %

5 year

67.72 %

68.23 %

10.89 %

10.96 %

Since inception

107.99 %

124.55 %

7.71 %

8.55 %

Since 01/01/2018 1 Year 3 Year 5 year Since inception
Cumulative

Share class (I-EUR)

Benchmark

0.59 %

3.39 %

2.39 %

6.80 %

15.46 %

18.31 %

67.72 %

68.23 %

107.99 %

124.55 %

Annualised

Share class (I-EUR)

Benchmark

2.39 %

6.80 %

4.90 %

5.75 %

10.89 %

10.96 %

7.71 %

8.55 %

*Rolling periods

Annual performance



Statistics

VolatilityTracking ErrorCorrelation coefficientInformation ratioSharpe ratio
Share class I-EURBenchmarkShare class I-EURBenchmarkShare class I-EURBenchmarkShare class I-EURBenchmarkShare class I-EURBenchmark
1 Year*12.15 %10.94 %3.65 %0.95 %-1.38 %0.41 %
3 Year *0.92 %0.92 %0.03 %1.00 %7.08 %6.38 %
Max. drawdownAlphaBeta
Share class I-EURBenchmarkShare class I-EURBenchmarkShare class I-EURBenchmark
1 Year*-10.45 %-0.10 %1.06 %
3 Year *-23.24 %0.99 %
Max. monthly gain Since inception19.69 %
Max. monthly loss Since inception-32.76 %
Share class I-EUR
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 12.15 % 0.92 % 10.94 % 0.92 %
Tracking Error 3.65 % 0.03 %
Sharpe ratio 0.41 % 6.38 %
Alpha -0.10 %
Correlation coefficient 0.95 % 1.00 %
Information ratio -1.38 % 7.08 %
Max. monthly loss -32.76 %
Max. monthly gain 19.69 %
Max. drawdown -10.45 % -23.24 %
Beta 1.06 % 0.99 %

Fund information

Inception Date (Fund)
22/12/1994
Inception Date (Part)
10/07/2008
Legal form
Mutual Fund
Benchmark
Stoxx Europe Small 200 (NR)
Currency (fund)
EUR
Currency (share class)
EUR
Distribution Policy
Accumulation
Valuation frequency
Daily
Minimum initial investment
500000.00 EUR
ISIN Code
FR0010594275
AuM (fund)
257 M (EUR)
Regulatory authority
AMF
EU Regulation
UCITS
Management company
Edmond de Rothschild Asset Management (France)
Incorporation
France
Maximum management fee
1,000 %
Current management fee
1.000 %
Subscription and redemption conditions
Daily before 12.30 am C.E.T. on day's net asset value
Performance fee
15,000 %

Fund documentation

Select all

(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.

Top