DMC FUND - HERENS QUALITY LUXURY BRANDS UNITS R (EUR)
DMC FUND – HERENS QUALITY LUXURY BRANDS UNITS R (EUR) offers an opportunity to participate in the growth of the global luxury goods and services industry. The rapid growth of the industry over the past decades is set to continue, driven by globalization, the creation of wealth and new market segments, e-commerce and international travel. The fund is actively managed and invests in the equity securities of global luxury brand companies. The fund uses a dynamic cash/equity allocation strategy which aims to allow full participation in strong markets while limiting drawdowns during market declines. "R" units are open to all investors.
Performance
DMC FUND - HERENS QUALITY LUXURY BRANDS UNITS R (EUR)
Performance data shown in the graph does not take account of fees and commissions and costs charged on the issue and redemption of units. Historical performance results should not be construed as being indicative of current or future performance. Moreover, the value of units can go down as well as up, depending on the financial markets, and this value can never be guaranteed. No information contained in the graph constitutes a solicitation or offer to buy or sell any investment products. No information found in this document takes account of or has any relevance to the specific investment objectives, financial situation or particular needs of any recipient of such information. You should always obtain relevant, personal ans specific professional advice before making any investment decision based on the information contained in this document. While DAMC takes all reasonable care and precaution to update the financial information on a regular basis, neither DAMC nor its contractual partners make any representations, guarantees or warranties of any kinf as to the accuracy, reliability, completeness or timeliness of the information presented.
Net Asset Values (NAV)
| NAV* at 2020/01/17 | 1882.19 |
| High NAV/Low NAV ** | 1882.19 /986.81 |
* NAV is calculated each Wednesday, in Luxembourg. If the relevant day is not a bank business day in Luxembourg, the NAV will be calculated on the next business day.
** Changes in the implied floor of the "Units R CHF hedged" can differ from the implied floor of the "Units R USD", depending on the discount or premium of the forward exchange contracts used.
*** previous twelve months
Key data
| Legal status | Luxembourg, Mutual Funds - UCITS V |
| Asset class | Equities |
| Investment Manager | Hérens Quality Asset Management AG, Pfäffikon/Schwytz |
| Launch date | 02/14/2013 |
| Base currency | EUR |
| Total assets of the subfund on 11/06/2014 | 19'768'175 EUR |
| Minimum investment | EUR 1'000 or equivalent |
| Distribution policy | Capitalization |
| "Cut off time" | Before 9:00 a.m (CET), the business day before the valuation day |
| Settlement | "Cut off time" + 3 business days |
| NAV valuation | Daily (calculated each business day on the basis of the closing price on the previous day) |
| Countries of registration | Luxemburg, Switzerland |
| Custodian Bank and Administrative Agent | Banque et Caisse d'Epargne de l'Etat, Luxembourg |
| Swiss Paying Agent | Banque Cantonale Vaudoise, Lausanne |
| Management and Administration fee | 1.90% p.a. |
| Subscription fee | Max. 5,10%, 0,10% of which is credited to the subfund |
| Redemption fee | 0,10% credited to the subfund |
| Tax status (EUSD *) | Subfund out of scope |
| Bloomberg | DMREURA LX |
| Telekurs | 20595332 |
| ISIN | LU0888109708 |
| NAV publication | SwissFundData, Finesti |
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* European Union Savings Directive |
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DMC FUND - HERENS QUALITY LUXURY BRANDS UNITS R (EUR) documents
Key investor information document (KIID)
Herens Quality Family documents
Legal Information
Prospectus
Financial Information
Semi-annual report
Audited annual report
Voting rights strategy (More details...)
Press
All information provided on this website
is subject to change at any time without notice. (LU)
DMC FUND is an investment fund registered in Luxembourg. Its legal representative in Switzerland is Banque Profil de Gestion. The paying agent is La Banque Cantonale Vaudoise, in Lausanne.
The legal and financial documentation can be obtained free of charge with Banque Profil de Gestion, Geneva, or checked on this website.