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BL Global Flexible EUR
Flexible fund
Data as of 27/01/2023
Risk level
| Low |  | High |
Performance
Average annual performance since launch 4,02 %
Performance as at 27/01/2023
| FUNDS | |
|---|---|
| 2020 | 1,85 % |
| 2021 | 10,82 % |
| 2022 | -9,99 % |
| Since 01/01/2023 | 3,99 % |
| Over the last 12 months | -2,90 % |
| Over 3 years | 4,85 % |
| Since launch | 101,76 % |
Composition
| Asset breakdown | |
|---|---|
| Equities | 58,55 % |
| Hedged Equities | 26,03 % |
| Bonds | 9,88 % |
| Cash | 5,54 % |
| Breakdown by currency | |
|---|---|
| EUR | 28,76 % |
| JPY | 16,35 % |
| CAD | 14,28 % |
| CHF | 13,24 % |
| USD | 7,38 % |
| Others | 20,00 % |
| Main positions | |
|---|---|
| Roche Holding AG Genussschein | 5,27 % |
| Franco Nevada Corp | 3,99 % |
| Wheaton Precious Metals Corp | 3,70 % |
| US Treasury Bonds 2021 2% 15-08-2051 | 3,65 % |
| Royal Gold Inc | 3,17 % |
Strategy
Investment objective and policy
The fund's objective is to generate a positive real (inflation-adjusted) return in euros over the medium term through a flexible, global asset allocation strategy. The strategy combines different asset classes that are traditionally negatively correlated: primarily equities, bonds and money market instruments, precious metals and cash. Investments in equities may vary between 25% and 100% of the net assets. A minimum of 20% of the fund’s assets will be invested in sustainable assets. Alongside these financial goals, targets have been set in terms of the portfolio’s ESG performance and these are regularly monitored. The fund also aims to limit the decline during periods of stock market correction.General information
| Net Asset Value | |
|---|---|
| Calculated | Every business day |
| NAV class B capitalisation shares (27/01/2023) | 201,76 EUR |
| NAV class A distribution shares (27/01/2023) | 145,57 EUR |
| CODES | ISIN capitalisation code : LU0211340665 ISIN distribution code : LU0211339816 WKN capitalisation code : A0D9HW WKN distribution code : A0D9HV |
| Net assets (million) | 1 799,67 EUR |
| Launch date | 01/04/2005 |
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.