Long-term equity fund

Clartan Valeurs C

Risk level
1
2
3
4
5
6
7
SFDR Article 8
€136.59
NAV at 30/11/2022
-3.6%
YTD
+7.2%
Performance since inception (cagr)

Objectives

  • Generate capital growth over the long term (minimum 5 years)
  • Generate long-term performance better than that of global equity markets

Investment universe

  • International companies with strong and sustainable profitability

Strategy 

  • Invest at a discount to long-term value
  • Acting as a wealth management holding company, retain investments for as long as quality and performance criteria are met 

ESG approach

Exclusions

Sectoral
Non-conventional arms, tobacco, non-therapeutic cannabis, pornography, gambling.

Behavioural
Major controversies relating to the environment, society, governance, business ethics or products.

Best-in-Class

ESG criteria
>50% of assets invested in the shares and bonds of companies with the best ratings in the sector (A+, A-, B+).
78 % at 31 October 2022

Engagement

Voting at AGMs
Voting at least 50% of shares held.

Dialogue
Engagement in dialogue with management bodies on ESG issues.

Team

Descoqs
Nicolas Descoqs
Analyst, Fund manager
Marilou Goueffon
Marilou Goueffon
Fund manager
Michel Legros
Michel Legros
Partner, Fundmanager
Francesco Manfredini
Francesco Manfredini
Analyst, Fund manager

Performances

Annual performance

1992
-2.0%
1993
+73.8%
1994
-4.8%
1995
+12.6%
1996
+7.8%
1997
+25.4%
1998
-1.4%
1999
+15.3%
2000
+15.7%
2001
+0.9%
2002
-12.3%
2003
+13.6%
2004
+15.0%
2005
+24.6%
2006
+16.2%
2007
+1.1%
2008
-29.9%
2009
+37.7%
2010
+14.6%
2011
-23.9%
2012
+22.3%
2013
+17.1%
2014
+4.5%
2015
+6.4%
2016
+10.6%
2017
+13.7%
2018
-12.8%
2019
+25.6%
2020
-12.1%
2021
+9.6%
2022
-3.5%

Cumulative performance

YTD
-3.6%
1 year
+2.7%
3 ans
-5.8%
5 ans
+3.6%
10 ans
+70.4%
Inception
+795.7%

Annualized performance

1 year
+2.7%
3 ans
-2.0%
5 ans
+0.7%
10 ans
+5.5%
Inception
+7.2%
Past perfomance is no indication or guarantee of future performance.

Risks

Risque actions
Lorsque les marchés actions reculent, la performance du fonds peut être impactée négativement.
Risque de perte en capital
Le capital investi peut être perdu.
Risque de change
Dans le cas d’investissements dans des actifs libellés dans des devises différentes de la devise de référence du fonds, ce dernier peut être affecté par toute fluctuation des taux de change.

Characterisctics

Number of units
2,883,516
Sub-fund net assets
€442,383,785
ISIN Code
LU1100076550
Dividend policy
Capitalisation
Custodian
Banque de Luxembourg
Valuation
Daily
Administrator
EFA
Advisable holding period
Over 5 years
UCITS creation date
07/06/1991

Fees

Expense Ratio
2,00 %, of which 1,80 % management fee
Entry fee
3 % (maximum - Not earned by Clartan Associés)
Exit fee
Nil
Performance fee
Nil

Documentation

Legal notices
The information presented above does not represent either an offer for sale or investment advice. For full information on strategy, fees, all risks and the recommended investment period, please refer to the prospectus, KIID and other regulatory information available on our website www.clartan.com or free of charge on demand from the company’s head office.