Multi Asset Boutique Flexible Allocation

Vontobel Fund II - Vescore Active Beta Opportunities

ISIN
LU2033388138
Valor
49111163

Fund strategy

Investment objective

This absolute-return-oriented alternative multi-asset fund aims to participate in different markets and achieve steady value growth in the long term with a balanced risk profile (usual target volatility: 5%).


Key features

The fund invests worldwide mainly in equities, government bonds, commodities, volatility, and currencies. Based on quantitative models, it systematically adapts the allocation to the different risk premia in line with the risks and opportunities offered by the prevailing market conditions. The fund can also take short positions via derivative financial instruments. The usual equity weighting range is -30 to 50%. The usual duration range is -5 to 10 years.


Approach

Vescore's proven investment process amalgamates outstanding proprietary models, cutting-edge technology, and active management. For this fund, the highly experienced investment team uses their models to continuingly assess the fundamental macro-economic risk environment and return potential with a long-term view, and make the corresponding investment decisions without emotional biases, while ensuring systematic risk control at all times.

106.13
NAV
-
Performance YTD
As at Sep 29 2020
The fund is trading for less than a year, we can't display performance data.

All data is as at Sep 29 2020 unless otherwise indicated.

Fund data
Portfolio Manager Andreas Tröger
Fund Domicile Luxembourg
Fund Currency EUR
Share Class Currency EUR
End of fiscal year 31 March
Index EURIBOR® 3M-TR (EUR)
Share Class Launch date Mar 13 2020
Distribution type Accum
Fund Registrations AT, CH, DE, ES, FI, FR, GB, IT, LU, NL, NO, SE, SG
Share Class Registrations AT, CH, DE, ES, FI, FR, IT, LU, NO, SE, SG
Nav Information
Highest since launch 105.99
Lowest since launch 99.69
Fund volume in mln. EUR 32.65
Share class volume in mln. EUR 0.59
Fees And Expenses
Management fee 0.50%
Performance fee 0.00%
TER 0.80% (Mar 31 2020)
Identifiers
ISIN LU2033388138
Valor 49111163
Bloomberg VOABOIE LX
WKN A2PZ75
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
AI EUR LU2024691912 Dist Institutional Mar 06 2020 0.50% 0.80% Mar 31 2020
B EUR LU2033388054 Accum Retail Mar 13 2020 1.00% 1.34% Mar 31 2020
H (hedged) CHF LU2033388211 Accum Retail Mar 13 2020 1.00% 1.40% Mar 31 2020
HI (hedged) CHF LU2033388302 Accum Institutional Mar 13 2020 0.50% 0.86% Mar 31 2020
I EUR LU2033388138 Accum Institutional Mar 13 2020 0.50% 0.80% Mar 31 2020
SA EUR LU2024692134 Dist Institutional Mar 06 2020 0.00% 0.30% 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 Aug 31 2020 unless otherwise indicated.

Country Weighting

Portfolio Structure

Major Positions

Position Allocation
0.375% State of Hesse 2022 9.7%
Vontobel Fund - Non-Food Commodity S USD 8.3%
0.5% LFA Foerderbank Bayern 2021 5.1%
0.351% State of Saxony-Anhalt 2025 4.9%
1% Bayerische Landesbank 2021 4.9%
0.343% Land Baden-Wuerttemberg 2022 4.1%
0.125% Berlin Hyp AG 2020 4.0%
0.421% NRW Bank 2023 3.6%
0% State of Bremen 2020 3.5%
0.75% Landesbank Berlin AG 2021 3.3%
Document Date DE EN FR IT
Factsheets & Commentaries
Factsheet Aug 2020
KIIDs
KIID Aug 2020
Legal Documents
AGM EGM invitation Aug 2020
Articles of Association Apr 2017
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

Risks

  • 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

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