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 Prifund Alpha Property Securities Indirect real estate

Indirect real estate
Change in NAV (31/03/2018)
120.35 EUR
Roger  GUERRA–LU0242657657–
Roger GUERRA
Alexandre WIECZOREK–LU0242657657–
Alexandre WIECZOREK
The identity of the managers presented in this document may change during the life of the product.
Risk and reward profile (1)
1234567
120.35 EUR
Change in NAV (31/03/2018)
3
1234567
Risk and reward profile
Recommended holding period
Change in NAV (31/03/2018)
120.35 EUR
Risk and reward profile
1234567
Recommended holding period
Roger GUERRA  
Alexandre WIECZOREK  
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 obtain optimal long-term growth of the invested capital through a diversified portfolio composed of transferable securities from the real estate sector or related to the real estate sector worldwide and more particularly in Europe, Asia and North America.

View more View less

Commentary 28/02/2018

After climbing 15 months in a row, February saw markets making their sharpest monthly correction since January 2016 (-4.1%). They were impacted by concerns over a potential (and sooner-than-expected) hike in US interest rates, precipitating inflationary pressures and a major wave of risky-asset repurchasing. In local currencies, Japan (-3.7%), the United States (-3.7%), Europe (-2.3%) and Emerging Markets (-4.7%) all closed in the red. Global real estate stocks, such seen on the FTSE EPRA / NAREIT Developed Index, closed sharply down (-6.7%) as investors had been using the asset class as a bond substitute. Europe (-7.6%) was the most affected region. Weaker-than-expected economic data, a central bank aiming to curb inflation, and limited risk-aversion had a combined impact on real estate equities. The euro's weakening against the dollar also weighed on performance. In relative terms, Asia (-5.0%) was the best performer. Overall, numbers on the economy were disappointing as China's PMI weakened and Japan's industrial output fell sharply, raising concerns over growth risks. The United States (-7.3%) was penalised as investors feared an interest rate hike could have a negative impact on real estate. All sub-sectors ended down, with hotels (-12.1%), healthcare (-10.4%) and mixed real-estate (-9.4%) leading the way; while self-storage (-0.8%), retail (-6.0%) and offices (-6.3%) suffered least. Prifund Alpha Property Securities ended above the index for the month, helped in particular by the underweighting given to US real estate stocks, and a Market Neutral fund that delivered a positive performance. No movements were made during the month.

View more View less

Change in NAV

Chart – Base 100 (31/03/2018)
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

-3.08 %

-5.28 %

-3.08 %

-5.28 %

1 Year

2.26 %

1.00 %

2.26 %

1.00 %

3 Year

2.86 %

-3.13 %

0.94 %

-1.05 %

5 year

17.93 %

6.87 %

3.35 %

1.34 %

Since inception

20.35 %

10.70 %

1.54 %

0.84 %

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

Share class (A-EUR)

Market index

-3.08 %

-5.28 %

2.26 %

1.00 %

2.86 %

-3.13 %

17.93 %

6.87 %

20.35 %

10.70 %

Annualised

Share class (A-EUR)

Market index

2.26 %

1.00 %

0.94 %

-1.05 %

3.35 %

1.34 %

1.54 %

0.84 %

*Rolling periods

Annual performance



Fund information

Inception Date (Fund)
22/02/2006
Inception Date (Part)
22/02/2006
Legal form
SICAV
Market index
FTSE EPRA/NAREIT Developed Index
Currency (fund)
EUR
Currency (share class)
EUR
Distribution Policy
Accumulation
Valuation frequency
Official Monthly / Technical Wednesday
ISIN Code
LU0242657657
AuM (fund)
70 M (EUR)
Regulatory authority
CSSF
EU Regulation
AIFM
Management company
Edmond de Rothschild Asset Management (Luxembourg)
Delegated Management Company
Edmond de Rothschild (Suisse) S.A.
Incorporation
Luxembourg
Maximum management fee
1,250 %
Current management fee
1.250 %
Subscription fee
5.00 % max
Redemption fee
3.00 % max
Performance fee
5,000 %

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