Perinvest Harbour US Equity B EUR
Evolution of the annual performance of Perinvest Harbour US Equity B EUR
Evolution of the NAV (Net Asset Value) of Perinvest Harbour US Equity B EUR
Latest NAV in EUR
as of 17-09-2020
Annualized returns as of 17-09-2020
* 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: EUR.
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.
|Name of fund||Perinvest (Lux) SICAV|
|Name of sub-fund||Harbour US Equity|
|Management Company||Degroof Petercam Asset Services S.A.|
|Delegated Investment Manager||Perinvest (UK) Ltd|
|Sub-investment Manager||Skylands Capital LLC|
|Type of product/ legal form/ applicable duty and applicable duration||UCITS sub fund, being a SICAV under Luxembourg Law with undefinite end|
|Share class||B EUR|
|Minimum initial inv.||€100|
|Type of fund||UCITS|
|Type of investor||All investors|
|Performance fee||50% High Watermark|
|Entry fee||Max. 5%|
|Stock exchange transaction tax at redemption (or conversion) in Belgium||1.32% (max 4.000 EUR)|
|Belgian tax on savings (Belgian withholding tax at redemption)||N/A|
|Belgian withholding tax on dividends||N/A|
Risk and Reward Profile
Lower risk (but not risk-free)
Potentially lower reward
Potentially higher reward
For more information about the fund’s risk/reward profile see the latest KIID and prospectus.
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.
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.
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 U.S. Equity markets over an economic cycle while offering some degree of decorrelation from these markets.
Under normal conditions, the Sub-Fund mainly invests in shares of companies, including small capitalisation companies, in the United States. 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: 50% S&P500 and Russel 2000
Benchmark purpose: Performance comparison.
The Sub-Fund is designed for investors who understand the fund's risks and who have an investment horizon of 3 to 4 years minimum.
Sub-Fund Reference Currency: USD
Orders to buy and sell shares will be processed every Luxembourg Business Day.
The Sub-Fund issues only accumulation shares (shares in which any income earned is added to the share price).
These objectives as well as the investment policy are an exact copy of those indicated in the corresponding KIID.
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 Fund reflects the following factor: as a class, shares carry higher risks than bonds or money market.
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.
- Management risk: Portfolio management techniques that have worked well in normal market conditions could prove ineffective or detrimental during unusual conditions.
- 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.
- 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.