Fund performance

Annual performance
TreeTop Multi Strategies Dynamic AD EUR

Evolution of the annual performance of TreeTop Multi Strategies Dynamic AD EUR

Evolution of the NAV (Net Asset Value) of TreeTop Multi Strategies Dynamic AD EUR

Latest NAV in EUR
(24-01-2023)
118,38

Cumulative returns
as of 24-01-2023

YTD 3,82%
1 year -11,86%

Annualized returns as of 24-01-2023

3 years 1,59%
Origin* 4,31%

* from launch date of the sub-fund (2019).

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

Source : Caceis Bank, Belgium Branch for the period 2015 – 2023

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 returns are based on the historical NAVs which are available on the www.fundinfo.com website.

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 Multi Strategies Dynamic
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 AD EUR
Dividend policy Distribution
Launch date 2019
ISIN code BE6302946809
Minimum initial inv. €250
Type of fund UCITS
Liquidity Daily
Domicile Belgium
Type of investor All investors
Management fee 0.40%
Performance fee -
Entry fee 0%
Fee for a change of sub-fund 0% or 0.1% for a change to the TreeTop World ESG Leaders Equity Index subfund.
Ongoing charges* 1.80%
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 indicator

1 2 3 4 5 6 7

Lower risk

Higher risk

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

* 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.

Summary of investors’ rights
You can click on https://www.treetopam.com/en/regulatory-information for a summary of investors' rights (in English) in the “Rights of Investors in UCIs managed by TreeTop”.

 

Documents

It is essential to read and acknowledge the fund information documents before to subscribe. The KID, prospectus and the last annual and semi-annual reports are at your disposal.

The NAVs of the sub­fund are also published on the www.fundinfo.com website.

These documents are available on request and free of charge, in French and Dutch, from TreeTop Asset Management Belgium, 79 rue des Francs, 1040 Brussels or from the bank in charge of the fund administration in Belgium: CACEIS Bank, Belgium Branch, Avenue du Port 86C boite 320, 1000 Brussels or on www.treetopam.com

Fund strategy

The sub-fund's objective is to exposure to shares of companies in global developed and emerging markets indirectly through investments in units or shares of undertakings for collective investment.

Under normal market conditions, the sub-fund's portfolio mainly consists of shares of undertakings for collective investment with variable capital (“UCI”). The sub-fund may invest up to 100% of its net assets in shares of undertakings for collective investment investing mainly in shares and/or other securities giving access to the capital of companies in global developed and emerging markets.

The sub-fund will seek a balanced allocation between indexed undertakings for collective investment aiming to track stock indices as closely as possible and actively managed undertakings for collective investment having an investment policy of selecting shares according to a manager-specific approach, regardless of whether they are part of a stock index. The choice of undertakings for collective investment will seek to ensure diversification in management styles, economic sectors and geographic areas. Active undertakings for collective investment will mainly be undertakings for collective investment managed or promoted by TreeTop Asset Management S.A. or its affiliates.

The sub-fund is actively managed without referring to any stock market indices.

You can request the redemption of your shares every bank working day in Brussels, the redemption operations are carried out on a daily basis, subject to the limitations outlined in the prospectus and the articles of association.

This share class intends to distribute a dividend annually.

The sub-fund is aimed at individuals or legal entities wishing to invest for the long term (we recommend an investment horizon of 6 years). The investor must have a good knowledge of the risks associated with financial markets and be prepared to accept capital losses due to fluctuations in the value of the assets in the portfolio.

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

Fund Manager

TreeTop Asset Management S.A.

Main risk factors defining the risk level

We have classified this product as 3 out of 7, which is a medium-low risk class. This indicator assesses potential losses in future returns at a medium-low level, and it is unlikely that poor market conditions will affect the value of the shares in which the sub-fund invests and therefore the value of the shares issued by the sub-fund itself. The fund is classified in this particular category because, through its portfolio invests in equities, which are generally more risky than bonds or money market instruments.

As this product does not include capital protection, particularly against market fluctuations, you could lose all or part of your investment, but not more than the amount of your investment.

Other risks to be considered

Moreover, it is also exposed to the following risks:  

  • Capital risk: the sub-fund is not subject to capital guarantee or capital protection. 
  • Sustainability risk: environmental, social or governance event or condition that could cause an important negative impact on the value of an investment.
  • Currency risk: although the shares of UCIs held are denominated in EUR, the assets held may be denominated in various currencies depending on the markets in which these UCIs invest. Fluctuations in exchange rates between the euro and these various currencies will therefore have an influence on the NAV of the sub-fund. 
  • Risk associated with external factors: uncertainty relating to certain environmental elements, such as the tax regime.