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Fondo Azionario Euro

  • INVESTMENT OBJECTIVES

    Diversifying between different share classes is becoming increasingly important. Equities are becoming more and more attractive. The Euro Equity Fund aims to achieve a higher level of return for investors by investing primarily in a diversified portfolio of blue-chip stocks (eg equities). The Euro Equity Fund invests in Blue Chip companies dealt with on the main European markets. The Blue Chip companies are known to be better at moments of recession and operate in profit even in negative economic conditions. An excellent reputation for stable and reliable growth.

    STRUCTURE

    The Fund is administered according to the structure of the UCITS, which has become the standard for investment funds in the EU, for retail investors. The UCITS Funds are ideal for retail investors, as well as for the provision of diversification and liquidity through specific parameters.

    MANAGEMENT

    The funds are managed by a group of professional investors at Calamatta Cuschieri Investment Management Ltd, who monitor their developments on a daily basis.

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Panoramica

→ Profilo dell'investitore
→ Valute
→ Integrazioni
→ Monitoraggio e Prezzo
→ Commissioni di Ingresso e Uscita
→ Investimento minimo
→ Regolamento del Fondo in Sintesi
→ Obiettivo sul Dividendo
→ Altre Informazioni

Commento

November 2020 Commentary

November will likely be marked as a turning point in the markets for 2020. The announcement of three vaccines that are effective against the virus drove a risk-on mood in markets and added fuel to the post-US election rally, eclipsing worries about the near-term economic outlook. Equity markets cheered the light at the end of the tunnel, with this year’s biggest losers gaining the most in November: MSCI Europe ex-UK and FTSE All-Share indices returned 14.2% and 12.7%, respectively. The year-to-date star performers, Asia ex-Japan and the US, still made impressive monthly gains of 8.0% and 11.0%. Global value stocks returned 15.1%, outperforming growth, which returned 10.9%.
An end to the Covid-19 crisis is now in sight, but the path to recovery may still be bumpy over the coming quarters as governments grapple to control the virus, particularly as seasonal factors make this more difficult through the winter period. In Europe, significant restrictions to curb the spread of the virus look to have been effective, with new infections now falling sharply from their latest peak. In the US, the situation has continued to escalate, with new cases continuing to rise and deaths following. High-frequency activity data shows the stark effect that the restrictions in Europe have had in slowing the economy. The question now is whether Europe is once again a bellwether for the US, and whether new restrictions and therefore a decline in services activity will be needed to contain the virus there.
In any case, markets are likely to digest near-term economic developments in the context of better times on the horizon, just as they did this month.
As the positive news surrounding the vaccine emerged, , uncertainty around the length of the Covid-19 crisis is beginning to fade, which in turn is brightening the outlook for risk assets – despite the difficult winter ahead for the economy.
Within equities, the outperformance this month of this year’s losers makes sense, with a return to normality now on the horizon. As the economic recovery plays out, earnings expectations should continue to recover providing continued support for equities.

Scheda

  • NAV/Prezzo: Clicca qui per Prezzi aggiornati

    Nome del Comparto Euro Equity Fund
    Investment Manager Calamatta Cuschieri Investment Management Ltd
    Conculente del Fondo n/a
    Depositario Sparkasse Bank Malta p.l.c.
    Amministratore del Fondo CC Fund Services (Malta) Limited.
    Revisori Deloitte Malta
    Consulente Legale Ganado & Associates
    Data di Lancio 1st November 2013
    Sede Malta
    Valuta Euro (€)
    Frequenza Negoziazioni Daily
    Dimensione Fondo €7.3 M
    Numero di Titoli 31
    Commissione Iniziale up to 2.5%
    Tassa di Gestione 1.35%
    Data pagamento Dividendo N/A
    Numero ISIN EUR – MT7000009031
    Minimum Initial Investment € 2,500
    Minimum Additional Investment € 500

    Country Exposure*

    Country %
    France 13.4
    United States 11.3
    Germany 5.8
    China 5.4
    Netherlands 3.8
    Malta 1.7

    *including exposures to ETFs

    Top Equities

    Equity %
    L’Oreal SA 5.9
    Alibaba 5.4
    Microsoft Corp 4.4
    Mastercard 3.9
    ASML Holding NV 3.8
    Amazon.com Inc 3.7
    Home Depot Inc/The 3.4
    SAP SE 2.7
    Muenchener Re 2.6

     

    Top ETFs

    ETF %
    iShares Edge MSCI World Min Vol 8.7
    Lyxor STOXX Europe 600 Industrials 8.0
    iShares MSCI World UCITS ETF 5.6
    iShares S&P 500 Financials 4.4
    iShares Core S&P 500 4.2

     

  • Performance ad Oggi (EUR)

    Performance History

    Calendar Year Performance YTD 2019 2018 2017 Annualise Since
    Inception*
    Total Return -1.80 27.49 -18.36 10.39 2.71
    Calendar Year Performance 1-   month 3-    month 6-   month 9-   month 12-    month
    Total Return 7.53 0.06 7.99 6.21 -0.51

    * The Euro Equity Fund was launched on 31 October 2013.

    Currency Allocation

    Currency %
    EUR 48.6
    USD 48.7
    GBP 2.8

    Asset Allocation

    Asset %
    Cash 3.1
    Equities 96.9

    Sector Breakdown

    Sector %
    Diversified 25.4
    Information Technology 19.8
    Consumer Discretionary 14.3
    Industrials 12.2
    Financials 10.6
    Consumer Staples 8.1
    Health Care 5.1

     

Informazioni Legali

* The Fund achieved a performance increase of 10.92% during the period 1st November 2013- 31st October 2015 (Source: Calamatta Cuschieri Fund Services). Calamatta Cuschieri Investment Services (CCIS) is a founding member of the Malta stock exchange and is licensed to conduct Investment Services in Malta by the Malta Financial Services Authority. The CC Euro Equity Fund is a sub fund of  CCFunds Sicav plc and is authorised by the MFSA. Performance figures quoted refer to the past and are not a guarantee for future performance. The value of the investment may rise as well as fall. Investors may incur a subscription charge and may be subject to tax on distributions. Investment should be based on the CCFunds Sicav plc prospectus and KIID document, which may be obtained from CCIS offices. Issued by CCIS. 
 
This document is prepared for information purposes only and should not be interpreted as investment advice. This document does not constitute an offer or invitation by CCIS to any person to buy or sell any investment. CCIS has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. This document may not be reproduced either in whole, or in part, without the written permission of CCIS.
 
THIS IS NOT A CAPITAL GUARANTEED PRODUCT ACCORDINGLY THE VALUE OF YOUR INVESTMENT CAN GO DOWN AS WELL AS UP. INVESTORS SHOULD NOTE THAT THE PAYMENT OF DIVIDENDS HAS THE EFFECT OF REDUCING THE NAV PER SHARE.