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 Global Value International equities

International equities
Change in NAV (19/01/2018)
211.91 EUR
Christophe  FOLIOT–LU1160358633–
Christophe FOLIOT
Valérie GUELFI–LU1160358633–
Valérie GUELFI
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
211.91 EUR
Change in NAV (19/01/2018)
6
1234567
Risk and reward profile
> 5 years
Recommended holding period
Change in NAV (19/01/2018)
211.91 EUR
Risk and reward profile
1234567
Recommended holding period
> 5 years
Christophe FOLIOT  
Valérie GUELFI  
The identity of the managers presented in this document may change during the life of the product.
Contact

Investment objective

The objective is to grow its net assets by selecting stocks that are listed primarily on the international equity markets, and to outperform the MSCI World index, over the recommended investment period.

View more View less

Commentary 29/12/2017

Global Value gained way in December, driven in particular by US stocks which welcomed Congress's approval of tax reform. Anticipation of pro-cyclical fiscal policy has led to a slight rise in the yield on the US 10-year T-note, thus penalising sectors perceived as more defensive. Banking stocks (Bank of America, JP Morgan) and cyclicals (commodities) are among the direct and indirect beneficiaries of a cut in the corporate tax rate and potential acceleration of capital expenditure. Energy stocks have begun their catch-up: US oil accelerated its rebound at the year end, closing 2017 at around $60/bbl, gaining 5% in December and 12% over the year. Our stocks posted growth of 10%-15% in December but remain down by -10% and -30% over the year, reflecting investor scepticism as to the continuation of corporate discipline. Many companies have continued to announce refinancing transactions and the sale of non-core assets to strengthen their balance sheets. The potential revaluation on these assets remains very considerable. The new year, 2018, could see normalisation in price dislocation for a whole market segment, plus a rebound in value, provided monetary policies normalise and the global economy benefits from the US fiscal stimulus, ongoing improvement in Europe, and stability in China.

View more View less

Change in NAV

Chart – Base 100 (19/01/2018)
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-EUR Cumulative Annualised
Since 01/01/2018

3.91 %

2.50 %

3.91 %

2.50 %

1 Year

3.48 %

9.27 %

3.48 %

9.27 %

3 Year

11.76 %

31.60 %

3.77 %

9.58 %

5 year

66.43 %

89.35 %

10.71 %

13.60 %

Since inception

110.85 %

108.89 %

8.06 %

7.96 %

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

Share class (A-EUR)

Benchmark

3.91 %

2.50 %

3.48 %

9.27 %

11.76 %

31.60 %

66.43 %

89.35 %

110.85 %

108.89 %

Annualised

Share class (A-EUR)

Benchmark

3.48 %

9.27 %

3.77 %

9.58 %

10.71 %

13.60 %

8.06 %

7.96 %

*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*9.84 %7.55 %5.46 %0.83 %-1.33 %1.05 %
3 Year *15.74 %11.97 %6.85 %0.91 %-0.96 %0.82 %
Max. drawdownAlphaBeta
Share class A-EURBenchmarkShare class A-EURBenchmarkShare class A-EURBenchmark
1 Year*-13.01 %-0.14 %1.09 %
3 Year *-37.65 %-0.64 %1.20 %
Max. monthly gain Since inception21.59 %
Max. monthly loss Since inception-26.63 %
Share class A-EUR
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 9.84 % 15.74 % 7.55 % 11.97 %
Tracking Error 5.46 % 6.85 %
Sharpe ratio 1.05 % 0.82 %
Alpha -0.14 % -0.64 %
Correlation coefficient 0.83 % 0.91 %
Information ratio -1.33 % -0.96 %
Max. monthly loss -26.63 %
Max. monthly gain 21.59 %
Max. drawdown -13.01 % -37.65 %
Beta 1.09 % 1.20 %

Fund information

Inception Date (Fund)
09/06/2008
Inception Date (Part)
09/06/2008
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
LU1160358633
AuM (fund)
180 M (EUR)
Regulatory authority
CSSF
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