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Détail d'un fonds
BL Equities Asia
Data as of 21/01/2021
Average annual performance since launch 5,04 %
Performance as at 21/01/2021
|Since 01/01/2021||6,74 %|
|Over the last 12 months||21,64 %|
|Over 3 years||14,70 %|
|Since launch||40,86 %|
|Breakdown by currency|
|Taiwan Semiconductor Manufacturing Co Ltd||8,90 %|
|Tencent Holdings Ltd||6,84 %|
|Alibaba Group Holding Ltd Sponsored ADS||6,49 %|
|Samsung Electronics Co Ltd||5,21 %|
|Kweichow Moutai Co Ltd A||4,26 %|
Investment objective and policyBL-Equities Asia invests in Asian equities (excluding Japan) with no restriction with regard to market capitalisation. The structure of this fund is not linked to a benchmark index, but results from the addition of individual investment opportunities. The fund aims to achieve longterm capital gains.
Management report - 3rd Quarter 2020The Asian equity index, the MSCI AC Asia ex Japan Net Total Return, was up by 10.7% (in USD) during the third quarter of 2020. The fund (retail class B) was up by 7.3% (in USD) over the same period. The Asian stock markets continued their recovery from the lows seen in March this year and are back in positive territory for the year. On a sector level, the consumer discretionary sector was by far the best performing sector with a return of almost 30% (in USD) during the quarter. The sector was led by Chinese heavyweights in online shopping like Alibaba, Meituan Dianping or JD.com. The second best sector with a 20% return (in USD) was information technology. TSMC (Taiwan Semiconductor Manufacturing Company) released stellar second quarter results and gave a rather positive outlook for the year. The company is the largest independent chip manufacturer in the world and might be the biggest beneficiary of Intel's recent announcement of outsourcing its high-end production. The worst performing sectors during the quarter were utilities, real estate and financials. During the quarter, the fund manager did not add or remove a company in the portfolio.
|Net Asset Value|
|Calculated||Every business day|
|NAV class B capitalisation shares (21/01/2021)||138,79 USD|
|NAV class A distribution shares (21/01/2021)||133,75 USD|
|Latest dividend||0,39 USD|
|Date of last dividend payment||07/02/2020|
|CODES||ISIN capitalisation code : LU1008593946 |
ISIN distribution code : LU1008593862
WKN capitalisation code : A1XBEX
WKN distribution code : A1XBEW
|Net assets (million)||677,58 USD|
Détail fonds - disclaimer
Before making any decision to subscribe, customers must ensure they have understood the product, having measured the risks associated with it and consulted their own advisers on the appropriateness of the product for their particular financial situation, taking into account legal, tax and accounting aspects. This fact sheet has been drawn up for information purposes and shall in no event be considered a solicitation to buy or an offer to sell securities or other financial instruments. Information provided to the interested party does not constitute legal or fiscal advice and the Bank shall not be held liable for such information. The securities referred to in this document may cause the investor to incur significant risk and may not be appropriate for all investors. Such risks include market risks, high volatility, credit risk, liquidity risk and interest-rate risk. There is no guarantee that the securities described in this document will achieve their investment objectives. Past performance is no indication of future returns. The Bank shall not be held liable for the future performance of these securities. Potential investors must ensure that they understand the risks of investing in such products and should only take an investment decision after giving careful consideration, together with their professional advisers, to the appropriateness of this investment to their specific financial situation, particularly with regard to legal, tax and accounting aspects. We have made every effort to verify that the information presented in this document is correct, in particular the estimated values, opinions and other estimates. Nevertheless, no guarantee can be given as to the validity, timeliness, completeness, correctness or accuracy of the information, which is provided for guidance only. Information may be subject to change without prior notice.