Vontobel Fund II - KAR US Small-Mid Cap


Fund strategy

Investment objective

This equity fund aims to achieve capital growth over the long term by participating in rising markets and protecting capital during declining markets, while considering risk diversification.

Key features

The fund invests in a concentrated portfolio focused on stocks of small to medium-sized high-quality companies that are either based in or mainly active in the US. The selected firms from various industries exhibit strong business models, management excellence including appropriate capital allocation, solid low-debt balance sheets, proven earnings resilience, and the potential for superior profitability as well as long-term growth.


The seasoned investment team adheres to a disciplined process to identify attractively priced stocks of high-quality businesses. They take high-conviction positions and buy companies with a long-term perspective, based on in-depth, fundamentally driven company and valuation analyses.

Performance YTD
As at Aug 04 2020

All data is as at Aug 04 2020 unless otherwise indicated.

Fund data
Portfolio Manager Jon Christensen/Julie Kutasov
Fund Domicile Luxembourg
Fund Currency USD
Share Class Currency USD
End of fiscal year 31 March
Index Russell 2500 Index
Share Class Launch date Jul 07 2020
Distribution type Accum
Fund Registrations CH, DE, ES, FR, GB, IT, LU, SE, SG
Share Class Registrations CH, DE, ES, FR, GB, IT, LU, SE, SG
Nav Information
Highest since launch 105.21
Lowest since launch 98.03
Fund volume in mln. USD 5.32
Share class volume in mln. USD 0.00
Fees And Expenses
Management fee 0.83%
Performance fee 0.00%
ISIN LU2167911937
Valor 54602176
Bloomberg V2KUSMI LX
WKN A2P457
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
B USD LU2167912232 Accum Retail Jul 07 2020 1.65%
E USD LU2167912315 Accum Institutional Jul 07 2020 0.45%
I USD LU2167911937 Accum Institutional Jul 07 2020 0.83%
N USD LU2167912158 Accum Retail Jul 07 2020 0.83%
Click here to see an overview of our shareclass naming convention.

* TER includes performance fee where applicable

Document Date DE EN FR IT
KIID Jul 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
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

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