Multi Asset Boutique Flexible Allocation

Vontobel Fund II - Vescore Global Risk Diversification

ISIN
LU0466441580
Valor
10738726

Fund strategy

Investment objective

This absolute-return-oriented multi-asset fund aims to participate in rising markets and achieve steady value growth in the long term with a balanced risk profile (usual target volatility: 7%).


Key features

The fund invests worldwide mainly in equities, bonds, and commodities. Based on quantitative models, it continuingly minimizes the possibility that the risk of one asset class dominates the portfolio.


Approach

Vescore's proven investment process amalgamates outstanding proprietary models, cutting-edge technology, and active management. For this fund, the highly experienced investment team combines dynamic risk budgeting with tactical management to adapt the portfolio to the current market environment. It uses models to make the corresponding investment decisions without emotional biases, while ensuring systematic risk control at all times.

139.07
NAV
-7.91%
Performance YTD
5 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 5Y SI
I EUR 0.8% -6.9% 3.1% 3.3% 40.5%
Index 0.0% -0.2% -0.4% -0.3% -0.6%

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
I EUR 4.1% 3.2% 5.0% 12.2% -6.9%
Index -0.1% -0.3% -0.4% -0.4% -0.4%

Annual Performance

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 Tim Stehle
Fund Domicile Luxembourg
Fund Currency EUR
Share Class Currency EUR
End of fiscal year 31 March
Index 3 month LIBOR rate (EE0003M)
Share Class Launch date Dec 19 2011
Distribution type Accum
Swinging single pricing Yes
Fund Registrations AT, CH, DE, FR, GB, IT, LU, SE
Share Class Registrations AT, CH, DE, FR, IT, LU, SE
Nav Information
Highest since launch 157.09
Lowest since launch 98.70
Fund volume in mln. EUR 208.29
Share class volume in mln. EUR 18.78
Fees And Expenses
Management fee 1.00%
Performance fee 20.00%
TER 2.83% (Mar 31 2020)
Identifiers
ISIN LU0466441580
Valor 10738726
Bloomberg WDGDAIE LX
WKN A0YEPA
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Asset Management S.A.
Swiss Paying Agent Bank Vontobel AG
Swiss Representative Vontobel Fonds Services AG

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee TER TER Date
A EUR LU0466441234 Accum Retail Nov 19 2010 0.80% 4.33% Mar 31 2020
AH (hedged) CHF LU0466441317 Accum Retail Nov 19 2010 0.80% 4.39% Mar 31 2020
B EUR LU0466440772 Accum Retail Nov 30 2009 1.30% 4.01% Mar 31 2020
H (hedged) CHF LU0466440855 Accum Retail Apr 30 2010 1.30% 4.08% Mar 31 2020
H (hedged) USD LU0466441077 Accum Retail Aug 13 2012 1.30% 3.90% Mar 31 2020
HN (hedged) CHF LU1767067322 Accum Retail Feb 09 2018 1.00% 3.27% Mar 31 2020
I EUR LU0466441580 Accum Institutional Dec 19 2011 1.00% 2.83% Mar 31 2020
IX EUR LU0466442398 Accum Institutional Nov 26 2010 0.80% 3.73% Mar 31 2020
IXH (hedged) USD LU0466442638 Accum Institutional Jan 09 2012 0.80% 3.52% Mar 31 2020
IXH (hedged) CHF LU0466442554 Accum Institutional Nov 30 2009 0.80% 3.56% Mar 31 2020
IXL EUR LU0716975338 Accum Institutional Apr 08 2013 0.70% 3.36% Mar 31 2020
IXXL EUR LU0888108056 Accum Institutional Feb 10 2015 0.60% 2.13% Mar 31 2020
N EUR LU1683490095 Accum Retail Dec 04 2017 1.00% 3.31% Mar 31 2020
SH (hedged) CHF LU1144477228 Accum Institutional May 05 2015 0.00% 0.33% Mar 31 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.

Country Weighting

Current exposure

Document Date DE EN FR IT
Factsheets & Commentaries
Factsheet Jul 2020
KIIDs
KIID Aug 2020
Legal Documents
Articles of Association Jul 2019
Notification to Investors Jun 2020
Sales Prospectus Jun 2020
Financial Reports
Annual Report Mar 2020
Dividend Payout Jan 2019
Semi-Annual Report Sep 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

  • Interest rates may vary, bonds suffer price declines on rising interest rates

  • Investment universe may involve investments in countries where the local capital markets may not yet qualify as recognised capital market

  • Investments in foreign currencies are subject to currency fluctuations

  • Commodity investments might be subject to considerable volatility and exposed to sudden fluctuations over a long period. Various commodity markets may also be suject to direct government intervention that might cause extreme price volatility of commodity investments

  • Money market investments are associated with risks of a money market, such as interest rate fluctuations, inflation risk and economic instability

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