Flossbach von Storch - Global Emerging Markets Equities - ET

Flossbach von Storch - Global Emerging Markets Equities is a globally diversified equity fund with an active investment approach. Its investment focus is on high-growth, quality companies from emerging markets as well as first-class companies from industrialised nations that generate a significant portion of their sales in emerging markets. Decisive factors in the selection of individual securities are the sustainability of the business model, competitive advantages, the quality of the management, as well as high sales visibility and profit margin stability. In addition, factors such as the institutional framework conditions, monetary and fiscal policy, inflation rates and currency development of the respective country flow into the evaluation process. The goal is to generate sustainable positive returns. In principle, there are no restrictions on the size of the companies. Sufficient liquidity is a prerequisite. The investment strategy includes in-house valuation models, ESG integration, engagement and voting. In addition, exclusion criteria defined as part of the Sub-Fund's investment policy are taken into account. The Sub-Fund is actively managed. The portfolio is composed by the fund manager exclusively in accordance with the criteria defined in the investment policy, reviewed regularly and adjusted if necessary. The performance of the Sub-Fund is compared using the MSCI Emerging Markets Daily Net Total Return Index as a benchmark. The Investment Manager is not linked to the Index at any time when making investment decisions and the portfolio composition. Therefore, the performance of the Sub-Fund may differ significantly from the benchmark shown. The Sub-Fund is classified as an Article 8 product under the Disclosure Regulation (EU) 2019/2088 (SFDR).


ISIN:LU2312729929
Authorised for distribution:AT, CH, DE, ES, IT, LI, LU
Fund type / legal structure:UCITS / FCP
Domicile:Luxemburg
SFDR Classification:Article 8
Fund currency:EUR
Launch date:15 March 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:12 August 2022
Fund assets:207.299.459,68 EUR
NAV:84.26 EUR
Redemption price:84.26 EUR
Issue price*:85.10 EUR
TID: (as at )
Performance fee:
Issue surcharge:up to 1.00%
Exchange commission:up to 1.00% (based on the unit value of the units to be purchased for the benefit of the relevant distributor)

* incl. max. issue surcharge 1.00%

Source: Custodian bank / Paying agent

Annual performance (EUR, in %, As at: 12.08.2022)

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: 12.08.2022)

Reference index: MSCI Emerging Markets Daily Net TR EUR

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: 12.08.2022)

 12.08.202229.07.2022
YTD-12.13%-14.53%
1 year-15.85%-14.99%
3 years12.12%5.38%
5 years25.49%18.89%
1 year p.a.-15.85%-15.07%
3 years p.a.3.88%1.76%
5 years p.a.4.64%3.52%
since 31.03.201457.06%52.77%

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: 12.08.2022)

 202220212020201920182017201620152014
Jan-6.06%-0.93%-0.31%6.26%2.48%1.83%-5.59%10.17%
Feb-3.23%-0.23%-5.26%2.85%-2.25%5.24%0.73%1.99%
Mar-0.80%-1.12%-13.99%3.36%-2.95%2.41%7.01%0.35%0.00%
Apr-2.86%1.01%9.61%3.65%1.82%0.19%0.90%-1.12%-0.09%
May-3.86%-0.71%0.55%-3.38%0.42%1.22%0.93%-0.51%2.15%
Jun-2.87%3.61%8.78%3.48%-1.84%-2.26%3.79%-3.77%0.13%
Jul4.49%-6.00%3.97%1.50%2.76%1.10%3.85%1.71%1.30%
Aug2.81%4.30%6.60%-2.79%-3.06%-1.73%0.55%-8.41%1.57%
Sep-2.34%-2.04%2.53%-2.28%-1.00%-0.26%-4.81%-0.13%
Oct1.56%5.63%2.19%-7.22%2.27%-0.33%9.87%1.35%
Nov-3.24%4.70%2.87%8.40%0.58%-4.92%0.90%3.37%
Dec-0.65%2.82%3.05%-3.10%2.49%2.35%-4.49%-2.48%
Current year to 29.07.2022-14.53%-5.04%20.26%28.29%-7.44%12.81%8.67%0.21%7.29%
Current year to 12.08.2022-12.13%-5.04%20.26%28.29%-7.44%12.81%8.67%0.21%7.29%

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*
EUR100.03
EUR101.47100.47100.49
EUR101.64100.63100.65
EUR101.81100.80100.83
EUR100.5499.5499.56
EUR99.56
EUR99.56
EUR100.0299.0399.05
EUR99.9798.9899.00
EUR99.1098.1298.14
EUR97.4896.5196.53
EUR98.8297.8497.86
EUR97.86
EUR97.85
EUR99.2398.2598.27
EUR99.6798.6898.70
EUR99.6798.6898.70
EUR101.55100.54100.56
EUR100.55
EUR100.55
EUR100.55
EUR100.54
EUR102.15101.14101.15
EUR101.68100.67100.69
EUR101.55100.54100.56
EUR101.79100.78100.80
EUR100.80
EUR100.79
EUR100.9999.99100.00
EUR100.4099.4199.43
EUR100.8999.8999.90
EUR100.5999.5999.61
EUR101.39100.39100.40
EUR100.40
EUR100.40
EUR101.01100.01100.03
EUR99.8698.8798.88
EUR98.9497.9697.98
EUR100.1599.1699.18
EUR100.8499.8499.86
EUR99.86
EUR99.85
EUR101.24100.24100.26
EUR102.33101.32101.34
EUR102.32101.31101.32
EUR102.43101.42101.43
EUR100.6999.6999.70
EUR99.70
EUR99.69
EUR100.2099.2199.23
EUR100.1699.1799.19
EUR99.3598.3798.38
EUR99.3698.3898.39
EUR98.7197.7397.74
EUR97.74
EUR97.74
EUR98.5897.6097.61
EUR96.4195.4695.47
EUR96.7695.8095.81
EUR95.81
EUR94.5793.6393.64
EUR93.64
EUR93.64
EUR96.4995.5395.54
EUR96.4395.4895.49
EUR96.2595.3095.31
EUR96.1795.2295.23
EUR97.3096.3496.36
EUR96.35
EUR96.35
EUR96.35
EUR97.9196.9496.95
EUR98.6697.6897.69
EUR98.8597.8797.88
EUR98.8397.8597.86
EUR97.86
EUR97.86
EUR99.9798.9899.00
EUR100.5099.5099.51
EUR100.5699.5699.58
EUR100.3599.3699.37
EUR99.9198.9298.94
EUR98.93
EUR98.93
EUR99.8098.8198.82
EUR99.3098.3298.33
EUR98.9397.9597.96
EUR99.4698.4898.49
EUR100.0199.0299.03
EUR99.03
EUR99.02
EUR100.4299.4399.44
EUR100.4299.4399.44
EUR99.6598.6698.67
EUR100.5799.5799.58
EUR101.41100.41100.42
EUR100.42
EUR100.41
EUR101.05100.05100.06
EUR100.8199.8199.82
EUR99.82
EUR101.78100.77100.78
EUR103.27102.25102.26
EUR102.26
EUR102.25
EUR103.27102.25102.26
EUR103.29102.27102.28
EUR103.59102.56102.57
EUR103.32102.30102.31
EUR102.05101.04101.05
EUR101.05
EUR101.05
EUR101.52100.51100.52
EUR101.51100.50100.51
EUR101.51100.50100.51
EUR100.0999.1099.11
EUR99.6098.6198.62
EUR98.62
EUR98.61
EUR100.3899.3999.39
EUR101.70100.69100.71
EUR102.60101.58101.59
EUR102.71101.69101.69
EUR102.36101.35101.36
EUR101.36
EUR101.36
EUR101.06100.06100.07
EUR100.0899.0999.10
EUR100.6099.6099.61
EUR101.90100.89100.90
EUR101.48100.48100.49
EUR100.49
EUR100.49
EUR99.3698.3898.39
EUR96.3895.4395.44
EUR96.0595.1095.11
EUR98.0797.1097.10
EUR97.3796.4196.42
EUR96.42
EUR96.41
EUR97.2196.2596.25
EUR97.6296.6596.65
EUR98.5797.5997.60
EUR98.7297.7497.75
EUR99.8898.8998.89
EUR98.89
EUR98.88
EUR100.4199.4299.43
EUR101.76100.75100.76
EUR101.58100.57100.57
EUR101.12100.12100.13
EUR101.01100.01100.02
EUR100.01
EUR100.01
EUR100.4099.4199.42
EUR99.0798.0998.09
EUR99.1598.1798.18
EUR98.6797.6997.70
EUR97.4796.5096.50
EUR96.50
EUR96.50
EUR97.6496.6796.67
EUR99.8498.8598.86
EUR100.5299.5299.53
EUR100.3199.3299.32
EUR100.1199.1299.13
EUR99.13
EUR99.12
EUR100.6399.6399.64
EUR101.57100.56100.56
EUR101.89100.88100.88
EUR102.43101.42101.42
EUR101.82100.81100.81
EUR100.81
EUR100.81
EUR103.06102.04102.05
EUR103.49102.47102.47
EUR103.43102.41102.42
EUR101.67100.66100.66
EUR102.03101.02101.02
EUR101.02
EUR101.02
EUR101.86100.85100.85
EUR101.35100.35100.36
EUR100.6399.6399.63
EUR100.7099.7099.71
EUR101.36100.36100.36
EUR100.36
EUR100.35
EUR100.5699.5699.56
EUR99.4598.4798.47
EUR99.6698.6798.68
EUR100.9799.9799.97
EUR101.41100.41100.41
EUR100.41
EUR100.40
EUR101.72100.71100.71
EUR100.8799.8799.87
EUR99.0698.0898.08
EUR99.1998.2198.21
EUR99.0398.0598.05
EUR98.05
EUR98.05
EUR98.5797.5997.59
EUR97.5096.5396.53
EUR97.9596.9896.98
EUR98.9197.9397.94
EUR99.9198.9298.92
EUR98.92
EUR98.92
EUR99.9198.9298.92
EUR98.7897.8097.80
EUR99.2998.3198.31
EUR100.0499.0599.06
EUR101.11100.11100.11
EUR100.11
EUR100.10
EUR101.98100.97100.98
EUR102.40101.39101.39
EUR103.43102.41102.41
EUR102.71101.69101.70
EUR103.18102.16102.16
EUR102.16
EUR102.15
EUR102.72101.70101.70
EUR103.26102.24102.24
EUR102.27101.26101.26
EUR101.33100.33100.33
EUR100.7599.7599.75
EUR99.75
EUR99.74
EUR99.74
EUR101.12100.12100.12
EUR101.22100.22100.22
EUR102.29101.28101.28
EUR102.76101.74101.74
EUR101.74
EUR101.73
EUR102.94101.92101.92
EUR103.11102.09102.09
EUR103.55102.52102.52
EUR103.19102.17102.17
EUR103.85102.82102.82
EUR102.81
EUR102.81
EUR104.63103.59103.59
EUR105.78104.73104.73
EUR105.88104.83104.84
EUR104.07103.04103.04
EUR103.45102.43102.44
EUR102.43
EUR102.43
EUR103.25102.23102.23
EUR101.63100.62100.62
EUR101.24100.24100.24
EUR101.69100.68100.68
EUR99.8298.8398.83
EUR98.83
EUR98.83
EUR98.4997.5197.50
EUR97.4896.5196.51
EUR97.4496.4896.48
EUR97.3596.3996.39
EUR97.4496.4896.48
EUR96.48
EUR96.47
EUR95.3794.4394.43
EUR96.9595.9995.99
EUR98.8197.8397.82
EUR99.7598.7698.76
EUR98.6797.6997.69
EUR97.69
EUR97.69
EUR98.6497.6697.65
EUR97.4796.5096.50
EUR96.5195.5595.55
EUR96.7895.8295.81
EUR95.0194.0794.07
EUR94.07
EUR94.06
EUR94.4493.5093.50
EUR94.0493.1193.10
EUR95.8394.8894.88
EUR96.4295.4795.47
EUR95.46
EUR95.46
EUR95.46
EUR96.9395.9795.97
EUR97.4096.4496.43
EUR97.1096.1496.14
EUR96.8595.8995.89
EUR95.89
EUR95.89
EUR95.89
EUR97.5196.5496.54
EUR97.9196.9496.94
EUR96.3795.4295.42
EUR94.5493.6093.60
EUR94.9594.0194.01
EUR94.01
EUR94.01
EUR94.1593.2293.22
EUR93.6092.6792.67
EUR95.8994.9494.94
EUR95.6694.7194.71
EUR94.7593.8193.81
EUR93.81
EUR93.81
EUR94.3493.4193.41
EUR94.2493.3193.31
EUR93.2092.2892.28
EUR94.1493.2193.21
EUR94.2093.2793.27
EUR93.27
EUR93.27
EUR92.0491.1391.13
EUR91.2390.3390.33
EUR90.5689.6689.66
EUR89.9089.0189.01
EUR89.3988.5088.50
EUR88.50
EUR88.50
EUR90.9890.0890.08
EUR92.3291.4191.41
EUR92.9091.9891.98
EUR92.2791.3691.36
EUR90.5089.6089.60
EUR89.60
EUR89.60
EUR90.5989.6989.69
EUR89.9689.0789.07
EUR91.1690.2690.26
EUR92.6991.7791.77
EUR91.7390.8290.82
EUR90.82
EUR90.82
EUR90.1189.2289.22
EUR90.0989.2089.20
EUR91.9891.0791.07
EUR92.2091.2991.29
EUR89.9889.0989.09
EUR89.09
EUR89.09
EUR88.9488.0688.06
EUR87.9587.0887.08
EUR87.3486.4886.48
EUR85.8284.9784.97
EUR87.1086.2486.24
EUR88.0487.1787.17
EUR87.1686.3086.30
EUR86.5385.6785.67
EUR86.7585.8985.89
EUR85.2484.4084.40
EUR82.8282.0082.00
EUR80.6979.8979.89
EUR80.4479.6479.64
EUR82.4381.6181.61
EUR81.4980.6880.68
EUR79.3178.5278.52
EUR76.8276.0676.06
EUR80.8780.0780.07
EUR85.6784.8284.82
EUR85.5084.6584.65
EUR86.0585.2085.20
EUR86.9086.0486.04
EUR88.1887.3187.31
EUR87.3786.5086.50
EUR86.4185.5585.55
EUR86.6185.7585.75
EUR87.3886.5186.51
EUR88.5187.6387.63
EUR87.3386.4786.47
EUR87.4286.5586.55
EUR89.6088.7188.71
EUR90.6689.7689.76
EUR88.8587.9787.97
EUR87.1286.2686.26
EUR86.9686.1086.10
EUR85.3284.4884.48
EUR85.4784.6284.62
EUR85.2784.4384.43
EUR85.4184.5684.56
EUR83.5382.7082.70
EUR84.0583.2283.22
EUR83.0182.1982.19
EUR82.5481.7281.72
EUR80.8480.0480.04
EUR82.1381.3281.32
EUR81.3980.5880.58
EUR82.4381.6181.61
EUR84.8484.0084.00
EUR83.9883.1583.15
EUR84.3483.5083.50
EUR83.0882.2682.26
EUR83.2682.4482.44
EUR80.1479.3579.35
EUR76.6375.8775.87
EUR77.3976.6276.62
EUR76.4475.6875.68
EUR77.8077.0377.03
EUR79.2378.4578.45
EUR79.6678.8778.87
EUR80.7579.9579.95
EUR78.2177.4477.44
EUR79.2578.4778.47
EUR78.5377.7577.75
EUR77.4276.6576.65
EUR76.5175.7575.75
EUR78.8578.0778.07
EUR80.9580.1580.15
EUR81.5780.7680.76
EUR81.4080.5980.59
EUR80.9080.1080.10
EUR81.4880.6780.67
EUR81.8881.0781.07
EUR83.0982.2782.27
EUR82.9182.0982.09
EUR81.7380.9280.92
EUR79.7178.9278.92
EUR78.0077.2377.23
EUR78.1277.3577.35
EUR78.9578.1778.17
EUR76.7876.0276.02
EUR77.3876.6176.61
EUR77.8277.0577.05
EUR78.1377.3677.36
EUR79.6978.9078.90
EUR80.9080.1080.10
EUR80.3879.5879.58
EUR79.2778.4978.49
EUR79.2278.4478.44
EUR78.4477.6677.66
EUR78.7077.9277.92
EUR79.5078.7178.71
EUR80.6179.8179.81
EUR81.0380.2380.23
EUR82.8482.0282.02
EUR81.7980.9880.98
EUR80.9080.1080.10
EUR80.3679.5679.56
EUR80.5779.7779.77
EUR80.0779.2879.28
EUR80.7979.9979.99
EUR79.9479.1579.15
EUR81.7080.8980.89
EUR82.3281.5081.50
EUR83.6482.8182.81
EUR82.2781.4681.46
EUR82.4581.6381.63
EUR81.7880.9780.97
EUR82.6681.8481.84
EUR82.7881.9681.96
EUR82.6281.8081.80
EUR82.3981.5781.57
EUR82.6081.7881.78
EUR84.1383.3083.30
EUR85.3884.5384.53
EUR85.4984.6484.64
EUR84.9784.1384.13
EUR83.5382.7082.70
EUR85.0184.1784.17
EUR85.1084.2684.26

Opportunities

  • These funds aim to exploit growth opportunities on global equity markets.
  • Investing in assets denominated in a foreign currency can have a positive impact on unit values as a result of exchange rate movements.
  • Derivatives can be used to increase potential yields.

Risks

  • Equity markets and thus also unit values can experience severe fluctuations in response to market developments. The result can be a fall in the trading price. ESG criteria can restrict the selection of target investments in terms of category and number, sometimes considerably.
  • Investing in assets denominated in a foreign currency can have a negative impact on unit values as a result of exchange rate movements.
  • 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).
  • Investments in emerging markets – in addition to the specific risks of the asset class itself – are particularly exposed to liquidity risk and general market risk.
  • In emerging markets the legal and regulatory environment as well as accounting, auditing and reporting standards may also vary considerably from the levels and standards that are otherwise common internationally.
  • Higher custody risk.
  • There is a risk from the possible investment in Chinese A-Shares, including possible additional clearing and settlement risks, as well as legal, operational, and risks in the form of limitations to investment opportunities.

*Performance in the years 2014 to 2021 was simulated using the performance of share class I (LU1012014905) of sub-fund Flossbach von Storch - Global Emerging Markets Equities. The simulation took account of any differences in remuneration structure. Share class I and share class ET have the same investment policy. Thus, there may be deviations between the redemption price and the NAV up to and including the calendar year of the issue.

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.