Mobile Logo

EdR Fund Big Data Thematic equities

Thematic equities
Change in NAV (14/08/2017)
130.10 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
130.10 EUR
Change in NAV (14/08/2017)
6
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (14/08/2017)
130.10 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 31/07/2017

Markets declined slightly in euros over the period. The stocks on our theme recovered their sparkle despite volatility and persistent questions on the valuation levels of the technology sector in general. With respect to the theme, discussions have focused on the importance of making recommendations with the help of AI algorithms that are intelligible for men: A project carried out by the US Department of Defense's Advanced Research Projects Agency (DARPA) considers this a key objective in facilitating the adoption of these systems by the general public and industrialists. On the markets, the corporate reporting season traces the path of the last few months relatively well in that the positive surprises on both turnover and profits did not translate into positive stock market reactions: investors have already been factored this into their valuation arguments. Looking at the companies in portfolio, the results of the second quarter have been encouraging, even though we note the negative reactions on IBM, Google and Akamai, which have impacted performance. Our position on BenefitFocus and Baidu was sold over this period, following the release of their results, with both companies meeting our price target. Instead, we have initiated a position on Zalando in European e-commerce and on Secureworks in cybersecurity. We are confident in the valuation levels and outlook facing the fund's companies.

View more View less

Change in NAV

Chart – Base 100 (14/08/2017)
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

4.69 %

1.09 %

4.69 %

1.09 %

1 Year

17.54 %

8.77 %

17.43 %

8.72 %

Since inception

30.10 %

17.32 %

14.40 %

8.51 %

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

Share class (A-EUR)

Benchmark

4.69 %

1.09 %

17.54 %

8.77 %

30.10 %

17.32 %

Annualised

Share class (A-EUR)

Benchmark

17.43 %

8.72 %

14.40 %

8.51 %

*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*12.82 %10.70 %4.13 %0.95 %2.32 %0.92 %
3 Year *
Max. drawdownAlphaBeta
Share class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmark
1 Year*-4.60 %0.14 %1.14 %
3 Year *
Max. monthly gain Since inception8.94 %
Max. monthly loss Since inception-14.21 %
Share class A-EUR
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 12.82 % 10.70 %
Tracking Error 4.13 %
Sharpe ratio 0.92 %
Alpha 0.14 %
Correlation coefficient 0.95 %
Information ratio 2.32 %
Max. monthly loss -14.21 %
Max. monthly gain 8.94 %
Max. drawdown -4.60 %
Beta 1.14 %

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)
196 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