Fund information

Fund information
TreeTop Equity Global Leaders RDT-DBI PD EUR

Latest NAV in EUR
(29-11-2021)
128,36

General information

General information: the word "fund" is used as a generic term to designate SICAVs and sub-funds of SICAVs.
Name of fund TreeTop SICAV
Name of sub-fund TreeTop Equity Global Leaders RDT-DBI
Management Company TreeTop Asset Management S.A.
Type of product/ legal form/ applicable duty and applicable duration UCITS sub fund, being a SICAV under Belgian Law with undefinite end
Share class PD EUR
Dividend policy Distribution
Launch date 2021
ISIN code BE6325081022
Minimum initial inv. €2,500,000
Type of fund UCITS
Liquidity Daily
Domicile Belgium
Type of investor Natural or legal persons
Management fee 0.70%
Performance fee -
Entry fee 0%
Frais en cas de changement de compartiment 0% or 0.1% for a change to the TreeTop World ESG Leaders Equity Index subfund.
Ongoing charges* 1.10%
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%
The tax regime applies to an average retail customer, being a natural person residing in Belgium.

 

Risk and Reward Profile

1 2 3 4 5 6 7

Lower risk

Potentially lower reward

Higher risk

Potentially higher reward

For more information about the fund's risk/reward profile see the latest KIID and prospectus.
Other risks are mentioned in the 'Risk management' here under.

* Management fees are included in ongoing charges

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, if necessary in consultation with the management company, and give a detailed response in the month following its receipt, provided that the complaint is complete and specific.

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.

 

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 aim of the TreeTop Equity Global Leaders RDT-DBI fund is twofold: (i) to provide its shareholders with exposure to the stock market of large multinational companies from all over the world and (ii) to have its shareholders subject to corporate tax in Belgium benefit from the regime of definitively taxed income ("RDT").
The fund’s investment universe mainly comprises constituents from the Dow Jones Global Titans 50 EUR index (the "Index"), which consists of approximately 50 stocks from multinational companies from around the world. In order to construct the fund’s portfolio, the Management Company removes, at its discretion, certain constituents from the Index, notably: (i) the shares of companies that, in the Management Company’s opinion, may not give entitlement to the RDT regime, (ii) the shares of companies that, according to the sources available to the Management Company, are involved in the manufacture and sale of anti-personnel landmines and cluster bombs, tobacco production, gambling, violation of humans rights, and (iii) the shares of companies included on national or supranational exclusion lists in relation to the fight against money laundering and the financing of terrorism. Moreover, in order to limit the risk of concentration, the Management Company limits the portfolio exposure to shares of a given issuer to a maximum of 7.5% of the NAV at each quarterly review.
The Dow Jones Global Titans 50 EUR Index is the investment universe of the fund. It is provided for information purpose only as the fund objective is not to replicate the performance of the Index, and therefore the portfolio composition will show a significant departure from the index in terms of constituents and of weighting.
The sub-fund will not engage in securities lending.
This share class intends to distribute a dividend annually.
The fund shall ensure at all times an exposure to the stock market in view of maximising the tax exemption known as RDT for investors subject to corporate tax in Belgium. The attention of investors is however drawn to the fact that the fund’s portfolio may not comprised of 100% of shares giving entitlement to the RDT regime and that the income and capital gains related to the shares of the fund shall therefore not be 100% deductible for investors incorporated in the form of companies subject to corporate tax in Belgium. Under normal market circumstances, the Management Company shall ensure that the fund’s portfolio comprises at least 80% of shares giving entitlement to the RDT regime.
You may request reimbursement of your shares on any banking day in Brussels; buyback operations are executed on a daily basis. For more information on the composition of the sub-fund and its operation, please refer to the prospectus of the SICAV.
Recommendation: this sub-fund may not be appropriate for investors who plan to withdraw their money within 6 years.
The PD share class is offered to the public, whether individuals or legal entities. The initial minimum subscription is EUR 2.5 million.
These objectives as well as the investment policy are an exact copy of those indicated in the corresponding KIID.

Fund Manager

TreeTop Asset Management S.A.

Main risk factors defining the risk level

The sub-fund does not offer either protection or any capital guarantee or a guaranteed yield.

The risk/reward rating of the sub-fund reflects the following factor: it is invested in shares which carry higher risks than bonds or money market instruments.

Other risks to be considered

Moreover, it is be exposed to other risks:

  • Concentration risk : the number of companies in which the fund is invested is less than one hundred. The asset value may therefore experience more substantial price variations than that of broadly diversified global stock indices.
  • Capital risk : the fund is not subject to capital guarantee or capital protection. Investors may, therefore, lose all or part of their capital.
  • Sustainability risk : denvironmental, social or governance event or condition that could cause an important negative impact on the value of an investment.
  • Risk associated with external factors : uncertainty relating to certain environmental elements, such as the tax regime.
  • Currency risk : risk of an investment value being affected by a change in the exchange rate.