EdR Euro Convictions R

The fund’s objective is to outperform equity markets in the eurozone, using an active “stock-picking” management strategy.
The benchmark index is MSCI EMU, net dividends not reinvested, expressed in Euro. The choice of strategy is entirely discretionary and dependent on the management team’s convictions and expectations. The Fund implements an active 'stock-picking' management strategy selecting stocks from the European Economic Area and Switzerland, whose capitalization is greater than EUR 500 million at purchase. The weighting economic between 75% and 100% of the Fund's assets will be exposed to European equity markets directly, through UCITS and/or financial contracts, with at least 65% in eurozone shares, or up to 110% temporarily via cash borrowings. The level of equities outside the eurozone will not exceed 10% of the net assets.

Key stats

Management firm  Edmond de Rothschild Asset Management
Domicile  France
Fund Administrator  Edmond de Rothschild Asset Management
Global Branding Name  Edmond De Rothschild
Fund Status  OBSOLETE
Fund currency  EUR
Net Assets Date  2013-10-31
Net Assets  €53,038,786
Launch Date  2011-12-27
Obsolete Date  2013-11-04
ISIN  FR0011171453
SEDOL  B77PSN5
Manager 1 Name  Olivier Huet
Fund Strategy  Eurozone Large-Cap Equity
Benchmark  MSCI EMU PR EUR
Fund Structure  FCP
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2013-10-31
Return - 1 Month  3.62%
Return - 2 Months  7.59 %
Return - 3 Months  5.99%
Return - 6 Months  10.80 %
Return - 9 months  13.81 %
Return - 12 Months  22.34%
Annualized return since Inception  18.80%
Return YTD  16.36%

Charges

Initial  4.50 %
Minimum Investment  €500,000
Maximum Managment Charge  1.15 %
Exit charge  0.00 %

Contact

Contact Address  1981 McGill College Avenue
Contact Address 2  Mezzanine 255
Contact city  Montreal
Contact country  Canada
Fund Admin Group  Edmond de Rothschild Asset Management
Web Address  www.lcf-rothschild.lu
Email contact  info@rfunds.ca
Custodian  La Compagnie Fin. E. de Rothschild Bq
Phone  877 876 6989

Price

Last Price Date  2013-10-31
Pre-tax nav  137.42
Price change  €0.72
Price change (percentage)  0.53 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. 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. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information