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Flossbach von Storch - Der erste Schritt RTAbout usNewsroomContact
Flossbach von Storch - Der erste Schritt RT
Fund overviewMulti-Asset FundsEquity FundsBond Funds and Convertible Bond FundsFactsheet NewsletterGlossary

Flossbach von Storch - Der erste Schritt RT

Valor number:59482620
ISIN:LU2279688266
Authorised for distribution:AT, CH, DE, ES, LI, LU
Fund type / legal structure:UCITS / FCP
Domicile:Luxemburg
Fund currency:EUR
Launch date:10 February 2021
Financial year end:30 September
Income utilisation:Accumulating
Management company:Flossbach von Storch Invest S.A.
Custodian bank / Paying agent:DZ PRIVATBANK S.A.
Manager:Flossbach von Storch AG
Data from:26 February 2021
Fund assets:477,339,388.08 EUR
NAV:98.64 EUR
Redemption price:98.64 EUR
Issue price*:99.63 EUR
TID: (as at )
Performance fee:
Issue surcharge:up to 1.00%

* incl. max. issue surcharge 1.00%

Source: Custodian bank / Paying agent

Annual performance (EUR, in %, As at: 26.02.2021)

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Performance (EUR, in %, As at: 26.02.2021)

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Accumulated Performance (EUR, in %, As at: 26.02.2021)

 
since launch (10.02.2021)-1.36%

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Monthly performance (EUR, in %, As at: 26.02.2021)

 
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Current year to
Current year to

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Historic Prices

As atShare class currencyIssue priceRedemption priceNAV
EUR100.00
EUR100.9999.9999.99
EUR100.9899.9899.98
EUR101.01100.01100.01
EUR100.9299.9299.92
EUR100.8799.8799.87
EUR100.9299.9299.92
EUR100.8199.8199.81
EUR100.4899.4999.49
EUR100.3099.3199.31
EUR100.2199.2299.22
EUR100.2599.2699.26
EUR99.6398.6498.64
Export CSV

Opportunities

  • Participate in global bond market growth.
  • Income can be generated from regular interest payments.
  • Active interest rate, currency and risk management (e.g. from the use of derivatives).
  • Risk is broadly diversified by investing in a range of asset classes (e.g. equities, bonds, convertible bonds etc.) Market potential can be exploited by investing across a wide range.

Risks

  • The securities in which the Management Company invests the sub-fund assets present opportunities for gain but also the possibility of risk. If a sub-fund invests directly or indirectly in securities and other assets, it is subject to many general trends and tendencies, which are sometimes attributable to irrational factors on the markets particularly on the securities markets. Losses can occur when the market value of the assets decreases as against the cost price. If a unitholder sells units of the sub-fund at a time at which the value of assets in the sub-fund has decreased compared with the time of the unit purchase, he will not receive the full amount he has invested in the sub-fund. Despite the fact that each sub-fund aspires constant growth, this cannot be guaranteed.
  • Country, credit and issuer liquidity risk. Also potential exchange rate risks. If securities are illiquid (i.e. thinly traded), there is a risk that it may either not be possible to sell the assets at all or only by accepting a significant discount on the sale price.
  • Investing in bonds may entail price risks, especially in case of rising interest rates on the capital markets.
  • Where used, derivatives can have a greater negative impact on the fund value than would be the case if the assets were acquired directly. This can affect the fund's risk profile and volatility (tendency for the price to fluctuate).

Tranche

RRT
ISIN
LU2279688266
Valor number
59482620
As at 26.02.2021
NAV
98.64EUR

Fund manager

Wilhelm Wildschütz
  • Portfolio Manager & Analyst at Flossbach von Storch AG since 2018
  • Division Head of Treasury & Trading at Bankhaus Lampe (2005 – 2018)
  • Derivatives Trader at IKB Deutsche Industriebank (1998 – 2005)
  • Securities Trader at Spütz and Commerzbank (1990 – 1998)
  • Bank traineeship at the Deutsche Bundesbank (1987 – 1990). Studied Financial Management at Fernuniversität Hagen and graduated from the University of Wales with a Master of Business Administration (MBA) (2008 – 2011)
Elmar Peters
  • Co-management of the Multi-Asset Team since April 2016
  • Head of Institutional Asset Management and Senior Portfolio Manager at Flossbach von Storch AG (2010–2016)
  • Support and management of equity mandates for institutional clients at Bankhaus Lampe KG in Düsseldorf (2001–2010)
  • Securities Trader and Investment Adviser at Commerzbank AG in Düsseldorf (1993–2001)
  • Investment Adviser and Bank Trainee at Bankhaus Delbrück & Co. in Aachen/Cologne (1988–1993)

Costs

Issue surcharge up to 1.00%
Management fee p.a. 0.83%

Risk/Return profile

Lower risk
Higher risk
Potentially lower reward
Potentially higher reward
1
2
3
4
5
6
7

Documents

KIID (10.02.2021)
Prospectus (10.02.2021)
Semi-annual report (31.03.2020)
Annual report (30.09.2020)
Distribution announcement Flossbach von Storch (01.12.2020)

Contact

Phone +41 44 217 37-00
Fax +41 44 217 37-99
info.ch@fvsag.com

Information regarding use and limited distribution

The information on this website is intended exclusively for investors resident or domiciled in Switzerland. It is not intended for publication, use, or distribution to or by any person in a country other than Switzerland. In particular, this information is not intended for distribution within the United States of America (USA), to or on behalf of US citizens, or to or on behalf of US persons residing in the USA. The information regarding collective investment schemes on the following pages are limited to foreign collective investment schemes which have been approved by the Swiss Financial Market Supervisory Authority FINMA (“FINMA”) for distribution in or from Switzerland to non-qualified investors.

The content provided is for informational purposes only and does not constitute an offer or recommendation.

Yes, I have read, understood and accepted the information regarding limited distribution.