Key information
The investment focus of RB LuxTopic - Aktien Europa is on shares of major European companies. These organisations generate their revenues not only in Europe but also in the high-growth regions of the world. They have sound assets and high earning power. A technical selection process is used to choose individual stocks from the universe of European blue chips. The active risk management is also used to limit the negative effect of market downturns. In addition to equities, it can also invest in fixed and variable-rate securities.
Responsible manager since 25/06/2003
Key information
| ISIN: | LU0165251116 |
| WKN: | 257546 |
| Category: | Fund Eurozone Large-Cap Equity |
| Minimum Equity: | 51% |
| Partial Exemption of Income ¹: | 30% |
| VG/KVG: | DJE Investment S.A. |
| Fund Management: | Robert Beer Management GmbH |
| Risk Category: | 4 |
| This sub-fund/fund promotes ESG features in accordance with Article 8 of the Disclosure Regulation (EU Nr. 2019/2088). | |
| Type of Share: | distribution |
| Financial Year: | 01.01. - 31.12. |
| Launch Date: | 25/06/2003 |
| Fund currency: | EUR |
| Fund Size (12/09/2024): | 181,40 Mio EUR |
| TER p.a. (29/12/2023): | 2,01 % |
| Reference Index: | - |
Fees
| Initial Charge: | 5,000 % |
| Management Fee p.a.: | 0,760 % |
| Custodian Fee p.a.: | 0,090 % |
| Management fee p.a.: | 1,000 % |
|
Performance Fee p.a.: 10% of the gross unit value development, provided that the gross unit value at the end of the settlement period is higher than the highest unit value at the end of the previous settlement periods of the last 5 years [High Water Mark Principle]. The settlement period begins on 1 January and ends on 31 December of a calendar year. The first settlement period begins on 03.5.2021 and does not end until 31.12.2022, after which the calendar year. Payment is made at the end of the accounting period. For further details, see the sales prospectus. |
Ratings & Awards (12/09/2024)
| Morningstar*: |
|
|
Awards: German Fund Award 2023 and 2024 "Outstanding" in the category "Equity Funds Europe" Austrian Fund Award 2023 and 2024 "Outstanding" in the category "Equity funds Europe" €uro Fund Award 2023 1st place over 3 and 5 years in the category "Equity Funds Eurozone" |
All ESG information presented here relates to the fund portfolio shown and is sourced from MSCI ESG Research, a leading provider of environmental, social and governance analysis and ratings.
| MSCI ESG RATING (AAA-CCC): | AA |
| ESG-Qualityrating (0-10): | 8,169 |
| Environment Rating (0-10): | 6,884 |
| Social Rating (0-10): | 5,666 |
| Governance-Rating(0-10): | 6,335 |
| ESG rating in comparison group (0% lowest, 100% highest value): | 71,020 % |
| Peergroup: |
Equity EuroZone
(421 Fonds) |
| Coverage rate ESG rating: | 100,000 % |
| Weighted average CO₂ intensity (tons of CO₂ per 1 million US dollars in sales): | 81,430 |
Portfolio allocation according to ESG rating of individual securities
Report date: 30/08/2024
- The fiscal treatment depends on the personal circumstances of the respective client and can be subject of change in the future.
- is proprietary to Morningstar and/or ist content providers may not be copied or distributed and is not warranted ob e accurate, complete or timely. Neither Morningstar nor ist content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Perfomance Chart
Performance in Percent
Rolling performance in %
Risk metrics (12/09/2024) |
|
|---|---|
| Standard Deviation (1 years): | 8,38 % |
| Tracking Error (1 years): | - |
| Value at Risk (99% / 20 days): | -5,41 % |
| Maximum Drawdown (1 year): | -9,61 % |
| Sharpe Ratio (1 years): | -0,31 |
| Correlation (1 years): | - |
| Beta (1 years): | - |
| Treynor Ratio (1 years): | - |
Country allocation total portfolio (% NAV)
*Note: Cash position is included here because it is not assigned to any country or currency.
Data: Anevis Solutions GmbH, own illustration 30/08/2024
Top Country Allocation in % of Fund Volume (30/08/2024) |
|
|---|---|
| France | 39,62 % |
| Germany | 23,35 % |
| Netherlands | 13,92 % |
| Spain | 6,64 % |
| Italy | 5,70 % |
Asset allocation in % of the fund volume (30/08/2024) |
|
|---|---|
| Stocks | 89,61 % |
| Cash | 10,39 % |
Investment strategy
The RB LuxTopic - Flex has a clearly structured investment process. It is based on the three building blocks:
F undamental
S ystematic
R isikoadjusted
F undamental - International top companies
RB LuxTopic - Flex invests in large international groups with strong brands and a corresponding market position. These companies are often market leaders. They operate globally and generate their earnings worldwide. Above all, they are characterized by strong substance, high earning power, steady growth and attractive dividends.
S ystematic - Systematic Stock Selection - Algorithm
A systematic selection process selects the strongest trending stocks from the given stock spectrum. The aim of this algorithm is to invest in higher-yielding companies over the long term and to underweight or weed out underperforming stocks.
R isikoadjusted - Active risk management
Active risk management complements portfolio management. If the setback in a falling stock market is smaller due to risk reduction, the investment starts from a higher level when the stock market later rises again.
Chances
- Growth opportunities of Europe's top global companies
- Stable investment approach, proven in many market phases
- Active risk management using well established options strategy
Risks
- Equities may be subject to significant price falls
- Issuer country, credit and liquidity risks
- Price risks of bonds when interest rates rise
Target group
Der Fonds eignet sich für Anleger
- who wish to minimise risk compared to a direct investment in individual equities
- with a medium to long-term investment horizon
- who seek a core investment in equities
Der Fonds eignet sich nicht für Anleger
- who seek safe returns
- with a short-term investment horizon
- who are not prepared to accept increased volatility
Monthly Commentary
For this fund no commentary will be provided.