Vontobel Fund (CH) - Swiss Equity Multi Factor

Multi Asset Boutique Swiss Equities
ISIN
CH0311189556
Valor
31118955
Ticker
VESEMIZ
216.23
NAV
As at 9 Apr 2026
0.61%
Performance YTD

Investment objective

This equity fund aims to increase capital in the long term, while considering risk diversification.


Key features

The fund invests mainly in Swiss equities. Based on quantitative models, it tactically adjusts the weights of the positions to maintain adequate exposure to the factor premia Value, Momentum, Quality, and Minimum Volatility, which drive equity returns.


Approach

The proven investment process the fund applies amalgamates outstanding proprietary models, cutting-edge technology, and active management. For this fund, the experienced investment team uses their models to continuingly assess how attractive the factor premia are and make the corresponding investment decisions without emotional biases, while ensuring systematic risk control at all times

Insights

Multi Asset Boutique
2026-01-22_mission-possible-timing-equity-factors_teaser.jpg
Viewpoint

Mission possible: Timing equity factors

Two mantras exist among investors when it comes to equity factors. First, you hear that “factors tend to outperform the broader market in the long run”. True. Second, you hear that “timing factors is almost impossible, and that you would be better off with a static allocation”. False. In fact, dynamic timing approaches to factor premia management adds significant benefits over static allocation approaches and in this piece, we show you why
Read more

All data is as at 28 Feb 2026 unless otherwise indicated.

Historical performance (net return %)

Cumulative performance

1M YTD 1Y 3 yrs p.a. 5 yrs p.a. Since Inception
S CHF 2.1% 3.4% 14.3% 11.9% 8.6% 170.8%
Index 5.7% 5.7% 12.3% 10.4% 8.0% 124.5%

Performance for calendar years

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
S CHF 17.5% 7.9% 13.6% -14.9% 19.1% 3.5% 34.8% -10.5% 25.3% NA
Index 17.8% 6.2% 6.1% -16.5% 23.4% 3.8% 30.6% -8.6% 19.9% NA

Portfolio characteristics

Portfolio Index
Volatility 9.0% 9.7%
Sharpe Ratio 1.2
Information Ratio 0.2
Active Share (country, issuer, ISIN) 2% / 64% / 64%
[3 years annualized]
Past performance is not a reliable indicator of current or future performance. Performance data does not take into account any commissions and costs charged when shares of the fund are issued and redeemed, if applicable. The return of the fund may go down as well as up, e.g. due to changes in rates of exchange between currencies. The value of the money invested in the fund can increase or decrease and there is no guarantee that all or part of your invested capital can be redeemed.

All data is as at 9 Apr 2026 unless otherwise indicated.

Fund data
Portfolio Manager Franziska von Haase
Fund Domicile Switzerland
Fund Currency CHF
Share Class Currency CHF
Year End 28 February
Index Swiss Performance Index (SPI)
Share Class Launch Date 26 Jan 2016
Distribution Type Distributing
Last distribution 5.10 (10 Jun 2025)
Swing Pricing Yes
Fund Registrations CH
Share Class Registrations CH
Nav Information
Highest since launch 222.37
Lowest since launch 91.78
Fund size in mln. CHF 439.38
Share class size in mln. CHF 383.99
Fees And Expenses
Management Fee 0.00%
TER* 0.00% (31 Aug 2025)
OCF 0.00% (31 Aug 2025)
Identifiers
ISIN CH0311189556
Ticker VESEMIZ
Valor 31118955
Bloomberg VESEMIZ SW
WKN A2JKQF
Parties
Investment Manager Vontobel Asset Management AG, Zürich
Sub Investment Manager Vontobel Asset Management SA, München
Depositary State Street Bank International GmbH, Munich, Zurich Branch
Management Company Vontobel Fonds Services AG, Zürich
Swiss Paying Agent Bank Vontobel AG|Raiffeisen Schweiz Genossenschaft St. Gallen

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management Fee TER*
A CHF CH0311188863 Distributing Retail 26 Jan 2016 1.00% 1.00% (31 Aug 2025)
AI CHF CH0311189580 Distributing Institutional 20 Feb 2017 0.50% 0.50% (31 Aug 2025)
AN CHF CH0381682621 Distributing Retail 4 Dec 2017 0.50% 0.50% (31 Aug 2025)
S CHF CH0311189556 Distributing Institutional 26 Jan 2016 0.00% 0.00% (31 Aug 2025)

Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.

* TER includes performance fee where applicable

All data is as at 28 Feb 2026 unless otherwise indicated.

Currency Weighting

Country Weighting

Major Sectors

Major Positions

Position Allocation
Sig Group Ag 6.7%
Psp Swiss Property Ag-Reg 6.1%
Adecco Group Ag-Reg 5.5%
Holcim Ltd 4.9%
Julius Baer Group Ltd 4.6%
Swiss Prime Site-Reg 4.5%
Swiss Re Ag 4.4%
Kuehne + Nagel Intl Ag-Reg 4.3%
Swisscom Ag-Reg 3.4%
Zurich Insurance Group Ag 3.3%
Show filters Hide filters

View all documents View latest documents

Document Date DE EN ES FR IT
Factsheets & Commentaries
Factsheet Feb 2026
Factsheet Jan 2026
Factsheet Dec 2025
Factsheet Nov 2025
Factsheet Oct 2025
Factsheet Sep 2025
Factsheet Aug 2025
Factsheet Jul 2025
Factsheet Jun 2025
Factsheet May 2025
Factsheet Apr 2025
Factsheet Mar 2025
Factsheet Feb 2025
Factsheet Jan 2025
Factsheet Dec 2024
Factsheet Nov 2024
Factsheet Oct 2024
Quarterly Commentary Dec 2025
View more Factsheets & Commentaries View less Factsheets & Commentaries
PRIIPs KIDs
Key Information Document (KID) Jan 2026
Legal Documents
Sales Prospectus Oct 2025
Sustainability Related Disclosures
Exclusion Framework Jan 2026
Swiss Climate Scores Feb 2026
Financial Reports
Annual Report Feb 2025
Semi-Annual Report Aug 2025
Dealing Information
Holiday Calendar 2026 Jan 2026
List of Active Retail Share Classes Jan 2025
Policies
Shareclass Naming Convention Jan 2026

RISKS

Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.

  • Limited participation in the potential of single securities

  • Success of single security analysis and active management cannot be guaranteed

  • It cannot be guaranteed that the investor will recover the capital invested

  • Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility

  • Price fluctuations of investments due to market, industry and issuer linked changes are possible

  • Investments in mid and small cap companies may be less liquid than investments in large cap companies

The Sustainability Risks that the Sub-Fund may be subject to are likely to have a low impact on the value of the Sub-Funds’ investments in the medium to long term due to the mitigating nature of the Sub-Funds’ ESG approach.

Any index or supporting data referred to is the intellectual property (including registered trademarks) of the applicable licensor. Any product based on an index is in no way sponsored, endorsed, sold or promoted by the applicable licensor and it shall not have any liability with respect thereto. Refer to vontobel.com/terms-of-licenses for more details.

Morningstar rating: © 2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.