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Edmond de Rothschild Precious Metals Fund - EdR (Edmond de Rothschild) physical gold Gold & Precious Metals

Gold & Precious Metals
Change in NAV (15/11/2017)
984.80 EUR
Benjamin  DUBOIS–CH0246173584–
Benjamin DUBOIS
Alban GOULLETQUER–CH0246173584–
Alban GOULLETQUER
The identity of the managers presented in this document may change during the life of the product.
Risk and reward profile (1)
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984.80 EUR
Change in NAV (15/11/2017)
6
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Risk and reward profile
Recommended holding period
Change in NAV (15/11/2017)
984.80 EUR
Risk and reward profile
1234567
Recommended holding period
Benjamin DUBOIS  
Alban GOULLETQUER  
The identity of the managers presented in this document may change during the life of the product.
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Investment objective

The Fund's objective is to achieve a long term performance comparable the returns of physical gold.

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Commentary 31/10/2017

The price of gold experienced significant swings throughout the month of October with increased appetite for risk assets offsetting the impact of geopolitical tensions. Early in the month, strong manufacturing data as well as unemployment falling to 4.2% in the US boosted the odds for a US rate hike before the end of the year. However, concerns regarding inflation in the second week combined with tensions in Spain and Trump's tweets on military action over North Korea helped the yellow metal recover partially. USD denominated gold was back under pressure in the second part of October – mainly due to hawkish comments by Janet Yellen and rising treasury yields as the US Senate passed a budget proposal that could pave the way for Trump's Tax Reform. While rising equity markets were a testament to investors' appetite for risky assets, gold slumped against the US dollar at the news that the ECB would extend bond purchases – ultimately signalling a lower probability of a rate hike in Europe in 2018.

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Change in NAV

Chart – Base 100 (15/11/2017)
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 I-EUR Cumulative Annualised
Since 01/01/2017

7.96 %

7.96 %

1 Year

1.52 %

1.52 %

Since inception

-1.52 %

-0.87 %

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

Share class (I-EUR)

Benchmark

7.96 %

1.52 %

-1.52 %

Annualised

Share class (I-EUR)

Benchmark

1.52 %

-0.87 %

*Rolling periods

Annual performance



Statistics

VolatilityMax. drawdown
Share class I-EURBenchmarkShare class I-EURBenchmark
1 Year*12.55 %-14.12 %
3 Year *
Max. monthly gain Since inception
Max. monthly loss Since inception
Share class I-EUR
Benchmark
1 Year* 3 Year * 1 Year* 3 Year *
Volatility 12.55 %
Tracking Error
Max. drawdown -14.12 %

Fund information

Inception Date (Fund)
28/10/2014
Inception Date (Part)
11/02/2016
Legal form
FPC
Currency (fund)
USD
Currency (share class)
EUR
Distribution Policy
Accumulation
Valuation frequency
Daily
Minimum initial investment
1000000.00 EUR EQ USD
ISIN Code
CH0246173584
AuM (fund)
81 M (USD)
Regulatory authority
FINMA
Management company
CACEIS (Switzerland) S.A.
Delegated Management Company
Edmond de Rothschild Asset Management (Suisse) S.A
Incorporation
Switzerland
Maximum management fee
0,250 %
Current management fee
0.250 %
Subscription fee
5.00 % max
Redemption fee
0.50 % max

Fund documentation

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(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.

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