Mobile Logo

EdR Fund Big Data Thematic equities

Thematic equities
Change in NAV (18/10/2017)
136.44 EUR
Jacques-Aurélien  MARCIREAU–LU1244893696–
Jacques-Aurélien MARCIREAU
Nan ZHANG–LU1244893696–
Nan ZHANG
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
136.44 EUR
Change in NAV (18/10/2017)
6
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (18/10/2017)
136.44 EUR
Risk and reward profile
1234567
Recommended holding period
> 5 years
Jacques-Aurélien MARCIREAU  
Nan ZHANG  
The identity of the managers presented in this document may change during the life of the product.
Contact

Investment objective

The objective of the Sub-Fund is to outperform the MSCI World index over a 5-year investment period, by investing on international capital markets and through the selection of, among others, companies involved in technology sectors or related to advanced analytics -Big Data - technologies

View more View less

Commentary 29/09/2017

Big data stocks continued their uptrend in September. According to Facebook, it is now Twitter and Google's turn to launch internal investigations on the role of Russian agents during the US presidential elections. Under cover of legal advertising expenditure, a number of Russian players have helped to promote key themes in Donald Trump's campaign in a way that would favour his election. This technique raises two key points: the importance of data and information quality, and the responsibility of internet platforms given their growing power to influence our democracies. Looking at the latter, it is clear that the internet giants will have to switch from a weak hands-off, regulatory paradigm to one of responsibility, especially in fiscal and societal terms. Turning to data and information quality, we had an illustration this month of the problem with an attack on hedge funds specialising in short-selling on Criteo. A seemingly independent report accused the company of fraud in an aspect of its targeted advertising business. We don't and won't give any credit this report and will do whatever is necessary to communicate our conclusions to the right people. In the meantime, we have maintained the level of ongoing conviction in the portfolio. However, we reduced exposure to Hortonworks as its stock has climbed 100% since the beginning of the year, to take into account the fact that its remaining upward potential is now more limited. We also initiated a position on Manhattan Associates, one of the leaders in software for supply chain optimisation and warehouse management, a booming field. Today we remain particularly confident in the valuations and business models of the portfolio companies.

View more View less

Change in NAV

Chart – Base 100 (18/10/2017)
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 A-EUR Cumulative Annualised
Since 01/01/2017

9.79 %

5.51 %

9.79 %

5.51 %

1 Year

20.16 %

13.38 %

20.16 %

13.38 %

Since inception

36.44 %

22.44 %

15.67 %

9.95 %

Since 01/01/2017 1 Year 3 Year 5 year Since inception
Cumulative

Share class (A-EUR)

Benchmark

9.79 %

5.51 %

20.16 %

13.38 %

36.44 %

22.44 %

Annualised

Share class (A-EUR)

Benchmark

20.16 %

13.38 %

15.67 %

9.95 %

*Rolling periods

Annual performance



Statistics

VolatilityTracking ErrorCorrelation coefficientInformation ratioSharpe ratio
Share class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmark
1 Year*12.96 %10.68 %4.23 %0.95 %1.55 %1.19 %
3 Year *
Max. drawdownAlphaBeta
Share class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmark
1 Year*-7.52 %0.08 %1.16 %
3 Year *
Max. monthly gain Since inception17.06 %
Max. monthly loss Since inception-14.21 %
Share class A-EUR
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 12.96 % 10.68 %
Tracking Error 4.23 %
Sharpe ratio 1.19 %
Alpha 0.08 %
Correlation coefficient 0.95 %
Information ratio 1.55 %
Max. monthly loss -14.21 %
Max. monthly gain 17.06 %
Max. drawdown -7.52 %
Beta 1.16 %

Fund information

Inception Date (Fund)
31/08/2015
Inception Date (Part)
31/08/2015
Legal form
SICAV
Benchmark
MSCI World (NR)
Currency (fund)
EUR
Currency (share class)
EUR
Distribution Policy
Accumulation
Valuation frequency
Daily
Minimum initial investment
1 Share
ISIN Code
LU1244893696
AuM (fund)
222 M (EUR)
Regulatory authority
CSSF
EU Regulation
UCITS
Management company
Edmond de Rothschild Asset Management (Luxembourg)
Delegated Management Company
Edmond de Rothschild Asset Management (France)
Incorporation
Luxembourg
Maximum management fee
1,700 %
Current management fee
1.700 %
Subscription and redemption conditions
Daily before 12.30 am C.E.T. on day's net asset value
Subscription fee
3.00 % max
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