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 Fund Equity Euro Core Europe equities

Europe equities
Change in NAV (16/08/2018)
173.60 USD
Marc  HALPERIN–LU1730854780–
Marc HALPERIN
Anthony PENEL–LU1730854780–
Anthony PENEL
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
173.60 USD
Change in NAV (16/08/2018)
6
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (16/08/2018)
173.60 USD
Risk and reward profile
1234567
Recommended holding period
> 5 years
Marc HALPERIN  
Anthony PENEL  
The identity of the managers presented in this document may change during the life of the product.
Contact

Investment objective

The Sub-Fund's objective is to seek performance through exposure to equity markets, primarily in the Eurozone, by selecting securities on a discretionary basis in an investment scope comparable to the MSCI EMU Index, net dividend reinvested.

View more View less

Commentary 31/07/2018

July was a little easier on the trade war front, especially between Europe and the United States. This development was welcomed by narrowing credit-spreads in a climate of modestly rising rates, and climbing European equity indices. Recently published corporate reports have confirmed the growth expected at the start of the year, at nearly 10%, without, however, showing any strong trends. While the currency effect is expected to be less punishing at current levels in the second half, markets are putting a high premium on the risk of a turnaround in the economic cycle. Such risk is being heightened by persistent uncertainty, fuelled by destabilising rhetoric from the US Administration. As a result, all business models premised on medium-term improvement (especially when based on restructuring plans) have been shunned in favour of good quality reports and those still looking good over the short term. After recently reducing it, the position on Intesa Sanpaolo was closed given a specific risk arising from instability in Italy. Nevertheless, we maintained our financial sector weighting by strengthening our strongest convictions — AXA, ING, Crédit Agricole, ABN Amro. Also increased was our oil services exposure (TechnipFMC), which should benefit from the recovery of investment spending in a climate of high oil prices, while reducing on integrated oil companies (Royal Dutch Shell, ENI). Meanwhile, we have cashed in some of our profits on mid-caps (Edenred, Wirecard, Just Eat) in the wake of the significant rebound they posted over the month.

View more View less

Change in NAV

Chart – Base 100 (16/08/2018)
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 A-USD Cumulative Annualised

-0.30 %

-1.03 %

4.93 %

4.55 %

4.06 %

4.58 %

Since inception

73.60 %

59.80 %

6.95 %

5.87 %

Since 01/01/2018 1 year* 3 years* 5 years* Since inception
Cumulative

Share class (A-USD)

Benchmark

73.60 %

59.80 %

Annualised

Share class (A-USD)

Benchmark

-0.30 %

-1.03 %

4.93 %

4.55 %

4.06 %

4.58 %

6.95 %

5.87 %

*Rolling periods

Annual performance



Statistics

VolatilityTracking ErrorCorrelation coefficientInformation ratioSharpe ratio
Share class A-USDBenchmarkShare class A-USDBenchmarkShare class A-USDBenchmarkShare class A-USDBenchmarkShare class A-USDBenchmark
1 Year*11.87 %13.32 %3.71 %0.96 %-0.07 %0.22 %
3 Year *15.22 %14.75 %3.09 %0.98 %-0.08 %0.35 %
Max. drawdownAlphaBeta
Share class A-USDBenchmarkShare class A-USDBenchmarkShare class A-USDBenchmark
1 Year*-11.69 %0.01 %0.86 %
3 Year *-23.06 %-0.02 %1.01 %
Max. monthly gain Since inception17.85 %
Max. monthly loss Since inception-23.26 %
Share class A-USD
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 11.87 % 15.22 % 13.32 % 14.75 %
Tracking Error 3.71 % 3.09 %
Sharpe ratio 0.22 % 0.35 %
Alpha 0.01 % -0.02 %
Correlation coefficient 0.96 % 0.98 %
Information ratio -0.07 % -0.08 %
Max. monthly loss -23.26 %
Max. monthly gain 17.85 %
Max. drawdown -11.69 % -23.06 %
Beta 0.86 % 1.01 %

Fund information

Inception Date (Fund)
21/01/1981
Inception Date (Part)
01/06/2010
Legal form
SICAV
Benchmark
MSCI EMU (NR)
Currency (fund)
EUR
Currency (share class)
USD
Distribution Policy
Accumulation
Valuation frequency
Daily
Minimum initial investment
1 Share
ISIN Code
LU1730854780
AuM (fund)
355 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