Key dataNAVPerformanceDistributionPublication
BCV FUND (LUX) - BCV Cluster Equity Opportunity (CHF) I
| Value No : |
10340363 |
| ISIN No : |
LU0440307485 |
| Ticker Bloomberg : |
AMCCECI LX |
Fund’s investment objective
The objective of the BCV Cluster Equity Opportunity (CHF) sub-fund is to generate capital gains with a lower degree of volatility on average than with equities. This is achieved by investing in selected equities and hedging these positions to a varying degree, ranging from 0% to 100% on an opportunistic basis depending on how the markets are behaving, by holding short positions on financial indices corresponding to the relevant investment universe.
For those assets on which the reference currency is not the same as that of this sub-fund, currency hedging may be undertaken to eliminate any risks associated with movements on foreign-exchange markets.
| Fund’s domicile : |
Luxemburg |
| Portfolio Manager : |
Gérifonds (Luxembourg) SA |
| Launch date : |
18 August 2009 |
| Launch price : |
CHF 100.00 |
| Close of financial year : |
31 December |
Management
fee : |
0.85% |
| TER to 30.06.2011: |
0.86% |
| Affidavit eligibility : |
No Distribution |
| Benchmark : |
HFRI EMN CHF-Hedged / MSCI World TR Local |
| Investment area : |
World |
| EU withholding tax on CH distribution : |
OUT |
| EU withholding tax on CH redemption : |
OUT |
| TIS CH : |
0 |
| TIS EU : |
0 |
| Frequency of NAV calculations : |
The price of this fund is calculated once a week, each Thursday; if a Thursday falls on a bank holiday in Luxemburg, the NAV is calculated on the following bank working day. |
| Cut off : |
Monday 11 am |
| Net asset value on
31.01.2012: |
CHF 85.24 |
| YTD performance on
31.01.2012: |
0.74 % |
| Fund’s assets on
31.01.2012 : |
CHF 58'183'495.93 |
| Year-high NAV
2012 : |
CHF 85.72 |
| Year-low NAV
2012 : |
CHF 84.83 |