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Fondo Azionario Euro

  • OBIETTIVI DI INVESTIMENTO

    Diversificare tra diverse classi di azioni sta diventando sempre più importante. Con tassi di interesse ai minimi ed investitori sempre alla ricerca di rendimenti, le azioni stanno diventando sempre più allettanti. L’Euro Equity Fund mira a conseguire un maggiore livello di rendimento per gli investitori, investendo principalmente in un portafoglio diversificato di azioni blue-chip (ad esempio titoli azionari). L’Euro Equity Fund investe in società Blue Chip trattate sui principali mercati europei. Le società Blue Chip sono note per essere in grado di sopportare meglio momenti di recessione ed operare in profitto anche in condizioni economiche negative. Ciò ha permesso loro di costruire un’ottima reputazione in termini di esperienza e crescita stabile ed affidabile.

    STRUTTURA

    Il Fondo è amministrato secondo la struttura dell’OICVM, che è divenuta lo standard per i fondi di investimento nell’UE, per gli investitori al dettaglio. I fondi OICVM sono ideali per gli investitori al dettaglio, poichè sono stati progettati appositamente per garantire diversificazione e liquidità attraverso specifici parametri, imponendo classi di attività e restrizioni agli investimenti secondo quanto stabilito dal diritto comunitario.

    GESTIONE

    I fondi sono amministrati da un gruppo di investitori professionale presso Calamatta Cuschieri Investment Management Ltd, i quali controllano quotidianamente i loro sviluppi.

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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

September 2019 Commentary

The month of September turned out to be a positive month for equities. Despite ongoing economic growth concerns, investors reacted positively to fresh announcements of accommodative monetary policy decisions by the European Central Bank (ECB) and the US Federal Reserve (Fed). The Euro Equity Fund continued to improve its performance for the year, adding a further 3.04 percent in September, contributing to a total performance of 19.32 percent year-to-date.

Both the ECB and the Fed announced new measures to stimulate the flagging economy. In Europe, the European Central Bank (ECB) announced an interest rate cut of 10 basis points to -0.50 percent and restarted quantitative easing with an asset purchase program (APP) of €20 billion per month. The ECB committed to the reinvestment of maturing securities under the APP for an extended period of time, past the date when the key ECB interest rates starts increasing. Moreover, a two-tier system for reserve remuneration will be introduced to exempt the banks’ excess liquidity from a negative deposit rate.

Meanwhile, the U.S Federal Reserve cut its interest rates for the second time in over a decade. The Fed lowered the fed funds target rate by 25 basis points, to the range of 1.75 percent to 2.0 percent, over concerns that the uncertainty over the U.S-China trade war is slowing down the manufacturing sector and weighing on business confidence.

During the month of September, investors favoured the more cyclical sectors. The financial sector was the best performer on the month, followed by energy and materials. However, the more defensive sectors outperformed on a quarterly basis, including the utilities, real estate and consumer staples.

As we head into earnings season, the Investment Manager (IM) remains of the opinion that the names held within the fund have further to gain. Nonetheless, the IM remains cautious and continues to monitor the developments in the U.S-China trade war, the Brexit saga and general economic conditions, with the aim to adjust the Fund’s positioning to further benefit from market developments.

 

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 23
    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 %
    Germany 46.5
    France 35.0
    Malta 5.9
    Netherlands 5.1
    United States 5.1

    *including exposures to ETFs

    Top Equities

    Equity %
    Allianz SE 7.0
    ASML NV 5.1
    L’Oreal 5.1
    Airbus SE 5.0
    LVMH 5.0

     

    Top ETFs

    ETF %
    Lyxor ETF Eurostoxx 600 H-care 7.2
    iShares Eur600 Oil&Gas 6.0
    iShares Eur600 BasicResources 4.2
    Lyxor ETF Eurostoxx 600 Tech 3.9
    Lyxor DAX ETF 3.3

     

  • Performance ad Oggi (EUR)

    Performance History

    Calendar Year Performance YTD 2018 2017 2016 Since
    Inception*
    Total Return 19.32 -18.36 10.39 -0.93  15.18
    Calendar Year Performance 1-month 3-month 6-month 9-month 12-month
    Total Return 3.04 1.17 4.75 19.32 -0.48

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

    Currency Allocation

    Currency %
    EUR 92.5
    USD 7.5
    GBP 0.0

    Asset Allocation

    Asset %
    Cash 1.0
    Equities 99.0

    Sector Breakdown

    Sector %
    ETFs 24.5
    Financial 19.8
    Technology 15.0
    Consumer, Non-Cyclical 13.2
    Consumer, Cyclical 12.5
    Industrial 10.0
    Communications 4.0

     

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.