Multi Asset Boutique Swiss Equities

Vontobel Fund (CH) - Vescore Swiss Equity Multi Factor

ISIN
CH0311189556
Valor
31118955

Fund strategy

The fund follows a systematic indexing approach and is oriented toward the equity universe of the Vescore Switzerland Index series, which is determined quarterly out of the 50 largest companies listed on the SIX Swiss Exchange. The weights of the stocks are tuned in a way that the portfolio has a balanced exposure to those systematic factors that explain the majority of equity market returns: value, momentum, quality, and risk. The methodology is very similar to that of the respective Vescore Switzerland Indices. The long-term aim of combining broad diversification across various systematic factors with dynamic weighting is achieving a more attractive risk/return profile than that of a traditional index weighted by market capitalization.
155.43
NAV
-3.09%
Performance YTD
3 stars
As at Aug 13 2020 As of Jun 30 2020

All data is as at Jul 31 2020 unless otherwise indicated.

Daily Performance

Periodic Performance

1M YTD 3Y SI
S CHF -0.5% -7.5% 6.2% 60.5%
Index -0.2% -3.4% 6.4% 44.6%

Rolling Performance

Aug 01 2015 - Jul 31 2016 Aug 01 2016 - Jul 31 2017 Aug 01 2017 - Jul 31 2018 Aug 01 2018 - Jul 31 2019 Aug 01 2019 - Jul 31 2020
S CHF NA 24.7% 10.9% 6.1% 1.6%
Index NA 16.8% 5.7% 10.7% 2.8%

Annual Performance

Risk Data

Portfolio
Volatility 13.4%
Sharpe ratio 0.5
Information ratio negative
Tracking error 5.6%
Jensens alpha -0.9%
Beta 1.1
[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 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 Aug 13 2020 unless otherwise indicated.

Fund data
Portfolio Manager Franziska Kurtz
Fund Domicile Switzerland
Fund Currency CHF
Share Class Currency CHF
End of fiscal year 28 February
Index Swiss Performance Index (SPI)
Share Class Launch date Jan 26 2016
Distribution type Dist
Last distribution 3.40 (Jun 08 2020)
Swinging single pricing Yes
Fund Registrations CH
Share Class Registrations CH
Nav Information
Highest since launch 171.72
Lowest since launch 91.78
Fund volume in mln. CHF 704.32
Share class volume in mln. CHF 671.72
Fees And Expenses
Management fee 0.00%
TER 0.00% (Feb 28 2020)
Identifiers
ISIN CH0311189556
Valor 31118955
Bloomberg VESEMIZ SW
WKN A2JKQF
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Fonds Services AG
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 TER Date
A CHF CH0311188863 Dist Retail Jan 26 2016 1.00% 1.00% Feb 28 2020
AN CHF CH0381682621 Dist Retail Dec 04 2017 0.50% 0.50% Feb 28 2020
IA CHF CH0311189580 Dist Institutional Feb 20 2017 0.50% 0.50% Feb 28 2020
S CHF CH0311189556 Dist Institutional Jan 26 2016 0.00% 0.00% Feb 28 2020
Click here to see an overview of our shareclass naming convention.

* TER includes performance fee where applicable

All data is as at Jul 31 2020 unless otherwise indicated.

Major Sectors

Major Positions

Position Allocation
Swiss Re 6.8%
Helvetia Holding Ltd Registered 6.6%
Banque Cantonale Vaudoise Registered 6.4%
Swiss Life Holding -Reg- 5.2%
Credit Suisse Group AG -Reg- 4.6%
Baloise Holding -Reg- 3.7%
Adecco -Reg- 3.5%
Zurich Insurance Group AG 3.2%
Swiss Prime Site AG Reg 2.7%
UBS Group Inc. Registered 2.7%
Document Date DE EN FR
Factsheets & Commentaries
Factsheet Jul 2020
Monthly Commentary May 2020
Quarterly Commentary Jun 2020
KIIDs
KIID Jul 2020
Legal Documents
Sales Prospectus Mar 2020
Financial Reports
Annual Report Feb 2020
Dividend Payout Jan 2019
Final Report Oct 2018
Semi-Annual Report Aug 2019
Dealing Information
Holiday Calendar 2020 Jan 2020
List of Active Retail Share Classes Dec 2018
Policies
Shareclass Naming Convention Nov 2019
  • 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

Morningstar rating: © 2020 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.