Delegate the management of your assets
Do you have money that you want to protect and grow over time?
With our discretionary management solution you can entrust the overall management of your portfolio to us, gaining greater peace of mind and freeing up time.
When you opt for a BL Funds management mandate, you benefit from Banque de Luxembourg’s expertise in asset management and grow your capital over the long term through consistent performance in an approach tailored to your risk tolerance. You invest in Banque de Luxembourg funds combining the main asset classes diversified over several geographic areas and economic sectors.
Conservative profile
Balanced
profile
Dynamic profile
Growth profile
Conservative profile
| Annual return* | Conservative profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 1.46 | 0.90% |
| over 10 years (2015-2024) | 2.00% | 1.15% |
| over 15 years (2010-2024) | 2.92% | 1.85% |
| since 2005 | 2.89% | 1.89% |
* Annualised performance, net of fees, for the BL Funds mandate, conservative profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 20% and 40%. Benchmark: Morningstar – EUR Cautious Allocation (EUR) – Global. Past performance is not a reliable indicator of future performance.
| Cumulative return** | Conservative profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 7.51% | 4.58% |
| over 10 years (2015-2024) | 21.94% | 12.13% |
| over 15 years (2010-2024) | 53.93% | 31.64% |
| since 2005 | 76.78% | 45.51% |
** Cumulative performance, net of fees, for the BL Funds mandate, conservative profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 20% and 40%. Benchmark: Morningstar – EUR Cautious Allocation (EUR) – Global
This investment strategy aims to preserve purchasing power to offset inflation, while accepting a limited degree of fluctuation in the portfolio value. It seeks to offer returns slightly above those of the bond market for comparable levels of volatility. Past performance is not a reliable indicator of future performance.
Balanced profile
| Annual return* | Balanced profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 2.54% | 2.49% |
| over 10 years (2015-2024) | 3.50% | 2.69% |
| over 15 years (2010-2024) | 4.35% | 3.20% |
| since 2005 | 3.93% | 2.87% |
* Annualised performance, net of fees, for the BL Funds mandate, balanced profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 40% and 60%. Benchmark: Morningstar – EUR Moderate Allocation (EUR) – Global. Past performance is not a reliable indicator of future performance.
| Cumulative return** | Balanced profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 13.36% | 13.07% |
| over 10 years (2015-2024) | 41.01% | 30.42% |
| over 15 years (2010-2024) | 89.52% | 60.31% |
| since 2005 | 116.02% | 76.25% |
** Cumulative performance, net of fees, for the BL Funds mandate, balanced profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 40% and 60%. Benchmark: Morningstar – EUR Moderate Allocation (EUR) – Global
This investment strategy aims to secure moderate appreciation in the portfolio value, while accepting a certain degree of fluctuation therein. It seeks to offer better returns than the bond market with a significantly lower level of volatility than that offered by investing in equities alone. Past performance is not a reliable indicator of future performance.
Dynamic profile
| Annual return** | Dynamic profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 3.36% | 4.96% |
| over 10 years (2015-2024) | 5.08% | 4.88% |
| over 15 years (2010-2024) | 6.04% | 5.14% |
| since 2005 | 5.18% | 4.35% |
* Annualised performance, net of fees, for the BL Funds mandate, dynamic profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 65% and 85%. Benchmark: Morningstar – EUR Aggressive Allocation (EUR) – Global. Past performance is not a reliable indicator of future performance.
| Cumulative return** | Dynamic profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 17.97% | 27.40% |
| over 10 years (2015-2024) | 64.06% | 60.97% |
| over 15 years (2010-2024) | 140.95% | 111.98% |
| since 2005 | 174.71% | 134.24% |
** Cumulative performance, net of fees, for the BL Funds mandate, dynamic profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 65% and 85%. Benchmark: Morningstar – EUR Aggressive Allocation (EUR) – Global
This investment strategy aims to secure significant appreciation in the portfolio value, while accepting frequent and substantial fluctuations therein. It seeks to offer long-term capital growth with a lower level of volatility than that offered by investing in equities alone. Past performance is not a reliable indicator of future performance.
Growth profile
| Annual return* | Growth profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 3.46% | 9.25% |
| over 10 years (2015-2024) | 5.97% | 9.25% |
| over 15 years (2010-2024) | 7.04% | 9.33% |
| since 2005 | 5.86% | 7.33% |
* Annualised performance, net of fees, for the BL Funds mandate, growth profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 90% and 100%. Benchmark: Morningstar – Global Large-Cap Blend Equity (EUR). Past performance is not a reliable indicator of future performance.
| Cumulative return** | Growth profile | Benchmark |
|---|---|---|
| over 5 years (2020-2024) | 18.54% | 55.63% |
| over 10 years (2015-2024) | 78.61% | 129.54% |
| over 15 years (2010-2024) | 177.50% | 280.96% |
| since 2005 | 212.32% | 311.87% |
** Cumulative performance, net of fees, for the BL Funds mandate, growth profile. Taxes are not included in the calculation of returns. As a rough guide, the portfolio’s equity weighting may vary between 90% and 100%. Benchmark: Morningstar – Global Large-Cap Blend Equity (EUR)
This investment strategy aims to ensure the portfolio is fully exposed to market growth, while accepting sudden and substantial fluctuations in value. It seeks capital growth over the long term. Past performance is not a reliable indicator of future performance.
Tackling preconceived ideas about discretionary portfolio management
While a growing number of our clients have entrusted us with the management of their portfolios, others remain undecided. To help them, we created a series of eight short videos in which our advisers shed light on some common misconceptions about management mandates.
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