Major holdings 30/06/2020
|TENCENT HOLDINGS LTD. REG. SHARES (ADRS)/1 HD -,00||3,20%|
|Alphabet Inc A||3,20%|
|BIOMARIN PHARMACEUTICAL INC||2,90%|
|Agnico-Eagle Mines Ltd||2,90%|
|PING AN INSURANCE GROUP CO-H||2,80%|
|NEWMONT MINING CORP||2,70%|
|Name||R-co Valor C|
|Total Assets||1001 million EUR|
|Fund type||Equity fund|
|Distribution fee||0,58% on the amount of the position|
|Fund manager||Yoann Ignatiew|
|Fund manager since||03/10/2012|
|Legal type and nationality||Investment company according to French law|
|Financial Service||CACEIS Belgium|
|Investment Horizon||5 years|
|Investment Category||Mixed flexible|
Registration and reception of the requests of issue/redemption/change of sub-fund
Each subscription/redemption request of shares/units of the fund can be introduced and registered through our Transaction Site. On each working day, Keytrade Bank centralizes all these requests placed from 11h30 (Belgian time) of the previous day (D-1) or the previous working day until 11h30 of D-day and sends them immediately to its correspondent who on his turn sends them for execution at 13h. The order introduced and registered before 11h30 via our Transaction Site will be executed at the Net Asset Value (NAV) of the same day (D), of the following day (D+1), the next following day (D+2) or weekly (until D+7), depending on the conditions for the subscription and the redemption of shares/ units (especially the cut-off time) mentioned in the prospectus.
If the order is placed and registered after 11h30, the order will be sent for execution the following working day.
Requests for changes of sub-fund are not possible at Keytrade Bank.
SRRI risk indicator 2
2 The synthetic risk indicator gives an indication of the risk associated with investing in a fund. The scale goes from 1 (weakest risk, associated with a lower potential return) to 7 (highest risk, associated with a higher potential return). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)
|Stock exchange tax at redemption||1,32%, max 4000€|
|Withholding tax||not applicable|
|Capital Gains Tax||30% *|
|Entry fees||0 EUR|
|Exit fees||0 EUR **|
It is possible this fund applies Swing Pricing. For more information, please read the prospectus.
For other, non-current costs that might be paid by the investor, we refer to the prospectus
The taxes that are mentioned apply to an average non-professional client-natural person, Belgian resident.
* 30% withholding tax on the realised gains on the fixed income part of the fund if the fund contains more than 10% of fixed income products
** If you transfer a fund/the funds of your Keyplan to your trading account before the end of the fifth year, you will have to pay fees of € 9.95 (per transferred fund).
The SICAV?s investment objective is to seek performance over a recommended investment duration of 5 years minimum, by implementing an active and discretionary management based especially on anticipating changes on different markets (equities, fixed-income) and on picking financial instruments using financial research of the issuers. Consequently, the SICAV does not have a benchmark indicator. The strategy implemented in order to pick the underlyings in the SICAV is based on the following criteria: lasting growth prospects, a weak competitive position (a virtual technical or commercial monopoly or dominant position), a clear understanding of the business of the company in question, a reasonable price. The SICAV can be invested, depending on market changes, at between 0 and 100% in equities of all capitalisation sizes (maximum of 20% in small caps) and all geographical regions (and up to 100% in non-OECD country equities); between 0 and 100% in bonds, including 20% maximum in convertible bonds, state and/or private issuers of all signature qualities, with a maximum investment of 20% in high-yield bonds and 10% maximum in nonrated bonds; and between 0 and 10% in other UCITS. The SICAV?s direct and indirect exposure to non-OECD countries may be up to 100% of its assets, and its small-cap risk exposure may be up to 20% of its assets. The SICAV may also invest in securities integrating derivatives, financial futures used for both hedging and exposure to equity risks, fixed-income and currencies, and temporary securities purchases or disposals. The portfolio?s consolidated exposure (via securities, UCITS, futures operations) in all markets combined, will be a maximum of 200%. More specifically, the UCITS? consolidated exposure: - to equities markets and forex markets will not exceed 100% for each of these risks - to fixed income markets should help maintain the portfolio?s sensitivity* within a range of between -1 and 9. Frequency of valuation: Daily. Centralisation of subscription and redemption orders (S/R): every day at 4 p.m. (NAV-1) at Rothschild Martin Maurel. Order execution: NAV of the next business day. S/R settlement date: NAV + 2 business days. This unit is an accumulation unit. Recommendation: this fund may not be suitable for investors who plan to withdraw their money less than 5 years after their investment. * Bond sensitivity measures the change in the price of a fixed-rate bond when interest rates change. The longer the residual lifespan of a bond, the higher its sensitivity.
The investment policy of the fund is extracted from the KIID
1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.
3 When you would like to have more information on the diamond rating of VWD, please click here.