BM / MMS
- Investment horizon
Longer than 5 years
- 5 years performance
The objective of the BBM V-Flex fund is to combine 2 performance drivers in a single portfolio:
An Alpha generated by stock-picking and a flexible equity exposure management 0%-100% as a function of equity market phases.
Equity market exposure is actively managed in a range of between 0 and 100%.
Stock-picking based on the BM investment process.
Long term track record.
ESG-inclusive stock picking
Before any investment, PLEASE CAREFULLY READ THE KIID AND PROSPECTUS OF THE UCITS.
BBM-V Flex relies on 2 performance drivers
► Eurozone equity management / BM investment process
► Flexible equity exposure management / MMS method (Montpensier Market Scan)
Eurozone Equity driver
Eurozone Equity portfolio
Minimum weigthing : 75%
Flexibility driver 0% - 100%
Dynamic Equity exposure management
The fund management objective is to obtain a performance over the 5 years recommended investment period, greater than the 50% EuroStoxx 50 composite (net return) ratio + 50% capitalized Eonia, and decreased of management fees of 1.794% for the AC and AD shares; decreased of management fees of 1% and performance fee for APC and APD shares; decreased of management fees of 2% and performance fee for the RPC and RPD shares; by a "Bottum-up" approach which favors the search for the intrinsic quality of the stocks, combined with a flexible allocation strategy for equity exposure, which can fluctuate from 0 to 100% of the net assets of the fund, in particular through the use of future hedging contracts.
Sustainability risk : the UCITS is exposed to the risk that an environmental, social or governance event or situation, if it occurs, may have a material adverse effect, actual or potential, on the value of the portfolio securities.
Risk of loss of capital : there is no guarantee of fund performance, or capital guarantee, performance may be negative, and capital might not be returned.
Risk associated with discretionary investment.management : two components, one from the portfolio manager anticipations and its investment decisions, the second from markets and financial assets fluctuations. Risk that the fund is not always invested in the best-performing markets or assets.
Risks incurred by flexible exposure and the use of derivatives : risks incurred by the level of the fund’s equity exposure, fund NAV may decrease more sharply than the markets in which the portfolio is invested.
Equity risk : equity markets may vary sharply, and drop significantly in particular.
Other risks : small caps risk, interest rate risk, credit risk, default risk, foreign exchange market risk, liquidity risk.
Risks are detailed in the prospectus.
|Inception date||03 June 1998|
|Legal status||UCITS IV French-law compliant SICAV|
|PEA eligible (France only)||No|
|ISIN codes||FR0000286072 (BBM V-Flex AC), FR0011020130 (BBM V-Flex AD), FR0011522341 (BBM V-Flex APC), FR0011522333 (BBM V-Flex APD), FR0011522358 (BBM V-Flex RPC), FR0011522366 (BBM V-Flex RPD)|
|Cost||Refer to the prospectus and each fund share's KIID in the "download documents" box above.|
|Investment management company||Montpensier Finance|
|Custodian||Caceis Bank France|
|Valuation||Daily (Caceis Fund Administration)|
|Cut-off||Refer to the prospectus and contact the banking institution that handled the order.|
|Investment horizon||Longer than 5 years|
|Approved for distribution in||France, Luxembourg, Belgium|
|Transfert Agent||Caceis Bank, Luxembourg branch|