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Dnca Actions Small & Mid Cap France

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Dnca Actions Small & Mid Cap France FUND FACTSHEET DNCA ACTIONS SMALL & MID CAP FRANCE APRIL 2021 SHARE CLASS : I/C (EUR) FUND HIGHLIGHTS ABOUT THE FUND • Invests primarily in equity securities of French small and mid-cap companies Investment Objective • Selects securities using a three-pillar approach: strategic position, financial soundness and quality of the management team The objective of the UCITS is to offer the investor performance that exceeds the CAC Mid & Small (C) index • Regular meetings with the management teams of these companies allows for a full evaluation of a their business models with dividends reinvested, in euros, representative of the • A conviction-based approach securities listed on the French small and mid caps market, • An indicative ex-ante tracking error of max. 7% as compared to the CAC Mid & Small 190 Index on a recommended investment horizon of 5 years. Overall Morningstar Rating1TM ILLUSTRATIVE GROWTH OF 10,000 (EUR) QQQ | 31/03/2021 Morningstar category1TM France Small/Mid-Cap Equity Reference Index CAC MID & SMALL (C) DNR € n Fund 14,383 n Index 14,819 FUND CHARACTERISTICS Legal structure SICAV Share Class Inception 04/12/2008 Valuation Frequency Daily CALENDAR YEAR RETURNS % Custodian CACEIS BANK Currency EUR Cut off time 12:30 CET D-1 AuM EURm 154.8 Recommended investment period > 5 years n Fund Investor Type Institutional n Index AVAILABLE SHARE CLASSES Share Class ISIN Bloomberg I/C (EUR) FR0010674481 NAXSMIC FP RISK & REWARD PROFILE TOTAL RETURNS Fund % Index % 1 year 3 years 5 years RISK MEASURES Lower risk Higher risk 1 month 2.04 2.90 Fund Standard Deviation 18.86 22.23 18.86 Typically lower rewards Typically higher rewards 3 months 8.81 12.47 Index Standard Deviation 20.35 22.73 19.20 1 2 3 4 5 6 7 Year to date 8.26 11.43 Tracking error 5.12 3.53 2.87 1 year 40.28 43.35 Fund Sharpe ratio * 2.16 0.13 0.42 The category of the synthetic risk-return indicator is based 3 years 7.25 7.11 on historical data. Information Ratio -0.60 0.01 -0.22 The Fund investment policy exposes it primarily to the following risks : 5 years 43.83 48.19 - Equity securities risk 10 years 115.14 121.71 Alpha 1.52 0.14 -0.37 - Discretionary management risk Beta 0.90 0.97 0.97 - Capital loss risk Since inception 306.29 300.51 - Interest rate risk R-squared 0.94 0.98 0.98 - Credit risk For more information, please refer to the section detailing ANNUALISED PERFORMANCE Fund % Index % * Risk free rate : Performance of annualised capitalised Eonia over the (Month End) period specific risks at the end of this document. 3 years 2.36 2.32 ANNUALISED PERFORMANCE 5 years 7.54 8.18 (Quarter end) Fund % Index % 10 years 7.96 8.29 3 years 2.65 2.60 Since inception 11.96 11.83 5 years 7.40 7.94 10 years 8.14 8.32 Since inception 11.86 11.65 PERFORMANCE DATA SHOWN REPRESENTS PAST PERFORMANCE AND IS NOT A GUARANTEE OF FUTURE RESULTS. Some recent performance may be lower or higher. As the value of the capital and the returns change over time (notably due to currency fluctuations), the repurchase price of the shares can be higher or lower than their initial price. The performance indicated is based on the NAV (net asset value) of the share class, and is net of all charges applying to the fund but does not account for sale commissions, taxation or paying agent fees, and assumes that dividends if any are reinvested. Taking such fees or commissions into account would lower the returns. The performance of other share classes would be higher or lower based on the differences between the fees and the entry charges. In the periods where certain share classes are not subscribed or not yet created (inactive share classes), performance is calculated based on the actual performance of an active share class of the fund whose characteristics are considered by the management company as being closest to the inactive share class concerned, after adjusting it for the differences between the total expense ratios (TER), and converting any net asset value of the active share class in the currency in which the inactive share class is listed. The performance given for the inactive share class is the result of a calculation provided for information. Please read the important information given in the additional notes at the end of this document. 07/05/2021 DNCA Actions Small & Mid Cap France SHARE CLASS : I/C (EUR) FEES & CODES PORTFOLIO ANALYSIS AS OF 30/04/2021 All-in-Fee 1.25% Max. Sales Charge - ASSET ALLOCATION Fund % GEOGRAPHICAL Max. Redemption Charge - Equities 96.6 BREAKDOWN BY Fund % Index % 50,000 EUR Minimum Investment Cash 3.4 COUNTRY or equivalent Total 100.0 France 88.6 91.9 203,143.56 NAV (30/04/2021) in % of AuM Luxembourg 4.6 3.1 EUR TOP 5 HOLDINGS Fund % Netherlands 3.4 2.9 United Kingdom 0.0 1.8 MANAGEMENT SOITEC FP EUR 4.7 Belgium 0.0 0.3 Management Company REXEL SA 3.5 Cash & cash equivalent 3.4 0.0 NATIXIS INVESTMENT MANAGERS INTERNATIONAL IPSOS 3.4 Investment Manager SPIE SA -W/I FP EUR 3.4 SECTOR BREAKDOWN Fund % Index % DNCA FINANCE SEB 3.3 Industrials 20.4 17.8 Consumer Discretionary 15.3 11.6 DNCA Investments* specializes in a conviction- Total 18.2 driven investment approach. The firm's experienced Financials 12.9 15.7 Total number of holdings in portfolio 67 team develops investment products for private and Communication services 12.1 11.1 institutional clients. DNCA offers a comprehensive Information Technology 11.5 10.2 range of funds covering fixed income, absolute CAPITALIZATION BREAKDOWN Fund% Index % Health Care 9.5 8.2 return, multi-asset, equity strategies and SRI. < USD 1 Bln 12.5 11.0 Real Estate 3.8 6.6 * A brand of DNCA Finance. USD 1 to 3 Bln 19.8 18.4 Materials 3.8 4.5 > USD 3 Bln 64.3 70.6 Energy 2.8 4.9 Headquarters Paris Cash & cash equivalent 3.4 0.0 Consumer Staples 2.6 4.6 Founded 1998 Utilities 1.8 4.7 Cash & cash equivalent 3.4 0.0 Assets Under US $ 32.2 / € 26.3 MSCI Breakdown Management (Billion) (31/12/2020) Portfolio Managers Valerie Lefebvre is an equity Portfolio Manager/ Analyst specialized in Small Caps (France and across Europe). She is lead PM for DNCA Actions Euro Micro Caps and co-manages DNCA Actions S&M Cap France. She began her career in 1988 and has more than 30 years' experience (Soder-Bail, Ostrum AM, DNCA Finance). Valerie has a masters degree in Management, a DESS in Financial Engineering and the CFAF. She is also a member of the SFAF (Société Française des Analystes Financiers), participating in the Small and Mid-Cap Comission. Daniel Dourmap is an equity Portfolio Manager/ Analyst specialized in Small Caps. He is Lead PM for DNCA Actions Euro PME, DNCA Actions S&M Cap France et DNCA Actions S&M Cap Euro . He is co-manager for DNCA Europe Smaller Companies Fund. He also contributes to the management of DNCA Actions Euro, Fructi Actions France and Ecureuil Investissments. He began his career in 1986 and has more than 30 years' experience (Assurance Banque Populaire, Ostrum AM, DNCA Finance). Daniel holds a DESS Degree in Financial Management, is graduate of the ITB banking institute and the CFAF. He is also a member of the SFAF (Société Française des Analystes Financiers). INFORMATION Due to active management, portfolio characteristics are subject to change. References to specific securities or industries should not be considered Prospectus Enquiries a recommendation. E-mail [email protected] 07/05/2021 Calculation of performance during periods of share classPortfolio Statistics Morningstar Rating and Category inactivity (if applicable) Volatility Morningstar Rating and Category For periods when certain share classes were unsubscribed or not yet Extent of change of a security or stock, fund, market or index over a © 2021 Morningstar. All Rights Reserved. The information, data, created (the "inactive share classes"), performance is imputed using given period. High volatility is indicative of a significant change in the analyses and opinions ("Information") contained herein (1) include the actual performance of the fund's active share class which has share price, and therefore the risk associated with the security is high. Morningstar's confidential and proprietary information (2) may not be been determined by the management company as having the closest copied or redistributed, (3) do not constitute investment advice (4) are characteristics to such inactive share class and adjusting it based on Information ratio provided solely for informational purposes (5) are not warranted to be the difference in TERs and, where applicable, converting the net Indicator of the outperformance of the manager (with respect to the complete, accurate or timely and (6) are drawn from fund data asset value of the active share class into the currency of quotation of benchmark), given the additional risk taken by the manager with published on various dates. The information is provided to you at the inactive share class. The quoted performance for such inactive respect to the same index (fund's tracking error). The higher the your own risk. Morningstar is not responsible for any trading share class is the result of an indicative calculation. value, the better the fund. decisions, damages or other losses related to the Information or its Illustrative Growth of 10,000 use. Please verify all of the Information before using it and don't Tracking error make any investment decision except upon the advice of a The graph compares the growth of 10, 000 in a fund with that of an Measurement of the relative risk taken by a fund with respect to its professional financial adviser.
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