Fund performance

Annual performance
Perinvest Asia Dividend Equity F GBP

Evolution of the annual performance of Perinvest Asia Dividend Equity F GBP vs MSCI AC Asia in GBP(1)

(1) MSCI All Countries Asia excluding Japan Index in GBP. The fund is actively managed and its portfolio differs from the index mentioned. Consequently, the performance of the fund will differ from the performance of the index.

Evolution of the NAV (Net Asset Value) of Perinvest Asia Dividend Equity F GBP vs MSCI AC Asia in GBP(1)

(1) MSCI All Countries Asia excluding Japan Index in GBP. The fund is actively managed and its portfolio differs from the index mentioned. Consequently, the performance of the fund will differ from the performance of the index.

Latest NAV in GBP
(08-07-2020)
110,48

Cumulative returns
as of 08-07-2020

Fund MSCI AC Asia in GBP (1)
YTD -13,19% 7,10%
1 year -12,43% 5,99%

Annualized returns as of 08-07-2020

Fund MSCI AC Asia in GBP (1)
3 years -5,47% 5,03%
5 years -0,89% 8,76%
10 years 0,71% 6,19%
Origin* 0,90% 5,38 %

* from launch date of the sub-fund (2010).

Past performance and NAV evolution are no guarantee of future performance.

Source: Degroof Petercam Asset Services and Bloomberg for the period 2010 - 2020

The returns are calculated in the reference currency: GBP (returns in EUR can go up or down depending on exchange rate fluctuations). The historical performance in EUR was negatively affected by exchange rate fluctuations.

The returns are calculated in the reference currency of the share class, reflect ongoing charges, including management and performance fees, taken from the sub-fund, but do not reflect any entry charges you might have to pay.

The calculations of yields are based on the historical NAVs which are consultable in the newspapers l'Echo or De Tijd.

General information

Name of fund Perinvest (Lux) SICAV
Name of sub-fund Asia Dividend Equity
Management Company Degroof Petercam Asset Services S.A.
Delegated Investment Manager Perinvest (UK) Ltd
Sub-investment Manager Santa Lucia Asset Management PTE LTD
Type of product/ legal form/ applicable duty and applicable duration UCITS sub fund, being a SICAV under Luxembourg Law with undefinite end
Share class F GBP
Dividend policy Distribution
Launch date 2010
ISIN code LU0494615262
Minimum initial inv. £100
Type of fund UCITS
Liquidity Daily
Domicile Luxembourg
Type of investor All investors
Management fee 1.50%
Performance fee 15% High Watermark
Entry fee Max. 5%
Ongoing charges 2.26%
Stock exchange transaction tax at redemption (or conversion) in Belgium N/A
Belgian tax on savings (Belgian withholding tax at redemption) N/A
Belgian withholding tax on dividends 30%

 

Risk and Reward Profile

1 2 3 4 5 6 7

Lower risk (but not risk-free)

Potentially lower reward

Higher risk


Potentially higher reward

For more information about the fund’s risk/reward profile see the latest KIID and prospectus.

Mediation service
For complaints relating to investment products and services - address your concern to the financial sector Ombudsman: Banks – Credits - Investments Mediation Service, North Gate II, Avenue Roi Albert II 8 B-1000 Brussels (www.ombudsfin.be or [email protected]).
The mediation service may suggest solutions for resolving the dispute. In the event of a lack of mutual acceptance of the proposed solutions, either party can turn to the competent courts.

Handling of client complaints
Send your complaint, in writing, to the attention of the “Compliance Officer”, at the following address: TreeTop Asset Management Belgium, rue des Francs, 79, 1040 Brussels.
We will send you an acknowledgement of receipt within 5 working days. We will analyze your complaint and give a detailed response in the month following its receipt, provided that the complaint is complete and specific.

 

Documents

It is essential to read and aknowledge the fund information documents before subscribing. The KIID, prospectus and the last annual and semi annual reports are at your disposal.

The NAVs of the sub­fund are also published in the newspapers l'Echo or De Tijd.

You can obtain additional information on this fund, including the prospectus, the latest annual report, any later semi-annual report and the most recent price of the shares from the fund management company established at 12, rue Eugène Ruppert, L-2453 Luxembourg. They are available free of charge in English, French and Dutch.

Fund strategy

The investment objective is to maximize the return on your investment over the long term. Specifically, the Sub-Fund aims to exceed the returns of the MSCI Asia Ex Japan Index over an economic cycle while offering some degree of decorrelation from this market.

Under normal conditions, the Sub-Fund principally invests in shares of small and medium companies in Asia (excluding Japan), including emerging markets. The Sub-Fund may use derivatives to reduce its exposure to various investment risks (hedging) and for efficient portfolio management, but not to directly seek investment gains.

The Sub-Fund is managed actively and the composition of its portfolio may differ from its benchmark. The investment manager uses economic data, onsite visits and management calls to determine the level of investment in companies that appear to have the potential for growth.

Benchmark: MSCI Asia Ex Japan Index

Benchmark purpose: Performance comparison.

The Sub-Fund is designed for investors who understand the fund's risks and who have an investment horizon of at least 3 years minimum.

Sub-Fund Reference Currency: USD

Orders to buy and sell shares will be processed every Luxembourg Business Day.

The Sub-Fund issues accumulation shares (shares in which any income earned is added to the share price) as well as distribution shares (shares that distribute dividends).

These objectives as well as the investment policy are an exact copy of those indicated in the corresponding KIID.

Fund Manager

James Morton

No guarantee can be given that the Fund’s objective will be achieved and that investors will recover the amount of their initial investment.

Main risk factors defining the risk level

The risk/reward rating of the Sub-Fund reflects the following factors: (i) as a class, shares carry higher risks than bonds or money market and instruments (ii) the Sub-Fund focuses on emerging markets.

Other risks to be considered

Moreover, it can be exposed to unusual market conditions or large unpredictable events, which could amplify everyday risks and could trigger other risks: 

  • Derivatives risk: Certain derivatives could increase Sub-Fund volatility or expose the Sub-Fund to losses greater than the cost of the derivative.
  • Counterparty risk: The Sub-Fund could lose money if an entity with which it does business becomes unwilling or unable to honor its commitments to the Sub-Fund.
  • Management risk: Portfolio management techniques that have worked well in normal market conditions could prove ineffective or detrimental during unusual conditions.
  • Operational risk: In any market, but especially in emerging markets, the fund could lose some or all of its investments through fraud, corruption, political or military actions, the seizure of assets, or other irregular events.
  • Liquidity risk: Certain securities could become hard to value, or to sell at a desired time and price.