• equityfund-website-banner-v4

Euro Equity Fund


    Diversifying into alternative asset classes is becoming increasingly important. With interest rates at all-time lows and investors seeking returns, equities are looking more attractive.  The Euro Equity Fund aims to achieve a higher level of return for investors by investing, mainly, in a diversified portfolio of blue-chip equities (such as stocks and shares). The Euro equity fund invests in Blue Chip companies trading on major European markets. Blue Chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.


    The Fund operates under the UCTIS structure which has become the gold standard for EU investment funds for retail investors. UCITS funds are ideal for retail investors as they have been specifically designed to ensure diversification and liquidity through distinct parameters, permitted asset classes and investment restrictions as set out in EU law.


    The Funds are managed by a group of investment professionals at Calamatta Cuschieri Investment Management Limited who monitor developments on a daily basis.


→ Investor Profile
→ Currencies
→ Top up
→ Monitoring and Pricing
→ Entry and Exit Fees
→ Minimum Investment
→ Fund Rules at a glance
→ Target dividend
→ Other Information


December 2016 Commentary

After the political surprises from the UK referendum and the US election, the first week of December kicked off with the Italian referendum, which, voted down the proposed political changes and led to the resignation of Prime Minister Renzi. This was immediately followed by the ECB decision on the 8th to start scaling down its asset purchase programme in March, despite its extension.

However, markets quickly shrugged these events aside, and continued to focus on the expansionary policy advocated by Donald Trump. Equity markets reacted strongly with European equities gaining 7.8% in December. US Equities also continued to test new highs.

The Banking sector was especially vibrant as interest rate and inflation expectations and a probable rescue of the Italian banking sector gave way to optimism.

In this environment, the Euro Equity Fund added 5.68 percent over the month despite holding an overweight cash position. Heading into 2017, the Fund Managers have selectively reduced the defensive cash position.

The Fund managers expect 2017 to be a pro-equity year. The Fund Managers are of the opinion that the stock selection strategy adopted by the fund will outperform technical trading strategies.


  • NAV/Price: Click Here for latest price

    Sub-Fund Name Euro Equity Fund
    Investment Manager Calamatta Cuschieri Investment Management Ltd
    Fund Advisor n/a
    Custodian Sparkasse Bank Malta p.l.c.
    Fund Administrator Calamatta Cuschieri Fund Services Ltd.
    Auditors Deloitte Malta
    Legal Advisors Ganado & Associates
    Launch Date 1st November 2013
    Domicile Malta
    Currency Euro (€)
    Dealing Frequency Daily
    Fund Size €8.8 Million
    Number of Holdings 21
    Initial Charge up to 2.5%
    Management Fee 1.35%
    Dividend Payment Dates N/A
    ISIN numbers EUR – MT7000009031
    Minimum Initial Investment € 2,500
    Minimum Additional Investment € 500

    Historical Performance (%)*

    1-month 3-month 6-month 9-month
    Fund 0.39% -1.29% 2.29% N/A
    12-month H2 2015 YTD Since Inception
    Fund N/A N/A -9.54% -2.19%

    * Performance figures are calculated using the Value Added Monthly Index “VAMI” principle. The VAMI calculates the total return gained by an investor from reinvestment of any dividends and additional interest gained through compounding.

    Top Equities

    Equity %
    BMW AG 5.5%
    ASML Holding 5.4%
    Allianz SE 5.3%
    LVMH Louis Vuitton 5.1%
    Total SA 5%


    Top ETFs

    ETF %
    Lyxor DAX ETF 15.6%
    iShares Eurostoxx 50 ETF 11.3%
    iShares Core S&P500 ETF 5.7%
    Lyxor CAC 40 ETF 5.4%
    iShares Eurostoxx 600 Tech 3.6%


  • Performance to Date (EUR)

    Country Exposure*

    Country %
    Germany 41.3%
    France 36.4%
    United States 9.4%
    Malta 5.8%
    Netherlands 5.4%
    Great Britian 1.7%
    Austria 0.00%

    *including exposures to ETFs

    Currency Allocation

    Currency %
    EUR 91.7%
    USD 8.3%
    GBP 0.0%


    Asset Allocation

    Asset %
    Cash 5.8
    Equities 94.2%


    Sector Breakdown

    Sector %
    ETFs 43.5%
    Consumer, Cyclical 14.6%
    Financial 14.5%
    Basic Materials 9.1%
    Energy 7.4%
    Consumer, Non-Cyclical 4.6%
    Industrial 2%
    Communications 0.5%


Legal Information

* 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 Euro Equity Fund is a sub fund of Calamatta Cuschieri Funds 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 CCFS 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 CC to any person to buy or sell any investment. CC 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 CC.