mw rendement par mw gestion 7 rue royale 75008 paris

Manager(s) : Sébastien BOUCHER
Last VL : 97.5300
2019 YTD Performance : 15,09%

ISIN code : LU1260576019
Bloomberg Code : MWRNCIP LX EQUITY
Benchmark : OAT 10 years plus 200 basis points

This fund is marketed in France and in Luxembourg. Only foreign professional clients (institutional, sub-mandated clients) and Luxembourg and French residents can subscribe.

The objective of the sub-fund is to outperform its benchmark 10-year OAT plus 200 basis points over the recommended investment term of 3 years, through the construction of reverse convertibles to seek a return superior to the money market.

To achieve this objective, the Sub-Fund invests continuously in commercial paper or medium-term negotiable notes. These are backed by a hedging strategy on the stock option markets (in accordance with the applicable provisions of CSSF Circulars 08/356, 13/559 and 11/512 and the guidelines of the ESMA No 2012/832) in order to collect premiums.

Evolution in base 100 over the selected period


Cumulative performance over different periods

SINCE JANUARY 1 6 MONTHS 1 YEAR 3 YEARS 5 YEARS
MW Rendement 15,09% 4,80% 3,91% 0,73%
OAT 10 years plus 200 basis points 1,52% 1,07% 2,44% 8,25%

The performance shown is not a reliable indication of future performance. Past performance is not a commitment to future performance.
Source : MW Gestion

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CHARACTERISTICS
ISIN code LU1260576019
Bloomberg Code MWRNCIP LX EQUITY
Europerformance rating
Inception Date 22/07/2015
Benchmark 10-year OAT plus 200 basis points
Asset Class Treasury Notes / Medium Term Notes / Stock Options
Form COMPART.
Duration of investment 3 years
Valuation Weekly
Centralization Every Friday before 4 pm
Currency EUR
Manager(s) Sébastien Boucher
Depositary CACEIS LUXEMBOURG BRANCH
Manager MW Management
Subscription fee 1.50% max.
Redemption fee nil
Management fees 1.50% TTC
Assignment of results: 10% outperf. / index ref.
Net assets 18 152 747.88 €