DeltaHaven III B.V.

Profile

DeltaHaven III BV aims to use a participation exemption ("deelnemingsvrijstelling") in Kempen Oranje Participaties NV (KOP), through an investment in Kempen Oranje Participaties Secundo and Houdstermaatschappij BV.

KOP, the fund DeltaHaven III BV indirectly invests in, offers the opportunity to invest in small-sized European companies. KOP invests in shares of undervalued companies and aims to hold 5% or more of the paid-up nominal capital of each company. The environmental, social and governance (ESG) criteria are incorporated in the investment process of KOP.

KOP positions itself as an engaged shareholder and aims to generate a long term total return of 10% on an annual basis (on the basis of capital gains and dividends).

Management team

Michiel van Dijk, Erwin Dut, Sander van Oort, Ingmar Schaefer

Performance per 2022-10-31 (rebased)

No chart data available

Performance per 2022-10-31

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  Fund
1 month 8.3 %
3 months -14.2 %
This year -28.6 %
Since inception (on annual basis) i -28.6 %
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. The value of your investments may fluctuate. Past performance provides no guarantee for the future.
More information can be found on the documents page of this fund

Key figures

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Total fund size
EUR 4.97 M 2022-10-31
Share class size
EUR 4.97 M 2022-10-31
Number of shares
10,967 2022-10-31
Net Asset Value
EUR 453.25 2022-10-31
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Developments per 2022-09-30

Due to the nature of this fund, this information is only available on the Dutch part of this website.

Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Performance per 2022-10-31 (rebased)

No chart data available

Performance per 2022-10-31

Slide to see more
  Fund
1 month 8.3 %
3 months -14.2 %
This year -28.6 %
Since inception (on annual basis) i -28.6 %
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. The value of your investments may fluctuate. Past performance provides no guarantee for the future.

Dividends

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Distributing
Yes
Last dividend
EUR 5.46
Ex-date last dividend
2022-09-02
Number of distributions per year
1
Dividend calendar
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

This fund is (indirectly) fully invested in Kempen Oranje Participaties NV. More information about the portfolio of Kempen Oranje Participaties NV can be found on the portfolio page of Kempen Oranje Participaties NV.

Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
No data available.
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

 

SWING FACTORS

An overview of the current swing factors are available here.

Ongoing charges

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Administratievergoeding
EUR 10,000 per year
Indirect costs i
1,39 %
Expected ongoing charges i
1.65 %
Ongoing charges last financial year i
1.64 %
In addition to the Administration Fee, the following costs and fees are charged directly to DeltaHaven III BV:
- costs and fees of the accountant;
- costs of legal and tax advice, if applicable.
These annual costs of DeltaHaven III BV amount to a maximum of EUR 2,000.

The expected ongoing charges are based on the administration fee and the annual other charges, expressed on the size of the fund as of end of September 2022, plus the expected indirect costs of the investment in Kempen Oranje Participaties NV, Kempen Oranje Participaties Secundo and Houdstermaatschappij BV.

The ongoing charges figure of the last financial year relates to 2021.
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.

Share class details

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Investor type
Institutional & Private
Distributing
Yes
Objective
KOP, the fund indirectly invested in, aims to generate a long term return of 10% a year
Investment category
Small-caps
Universe
European small-caps
Inception date
1976-12-16
May be offered to all investors in
The Netherlands
UCITS status i
No
Status
Closed-end i
Base currency
EUR
Administration Office
Stichting Administratiekantoor Kempen Houdstermaatschappijen
Administrator
BNP Paribas S.A., Netherlands Branch
Auditor
PricewaterhouseCoopers Accountants N.V.
Transfer agent
Kempen Capital Management NV
Management company
Kempen Capital Management NV
Depositary and custodian
BNP Paribas S.A., Netherlands Branch

Tradability

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Minimum subscription
€100,000 per transaction
Listed
no
Subscription/Redemption Frequency
On a best effort basis i
ISIN i
NL0015000KZ5
For (questions about) a buy or sell order you can contact the Transfer Agent department. This department can be reached by the following e- mail address: transfer.agent@kempen.nl and the telephone number 020 348 8028/9542.
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Kempen Capital Management N.V. (KCM) is the management company of DeltaHaven III BV (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM). No approved prospectus is required pursuant to Article 1 (4) (d) of the Prospectus Regulation ((EU) 2017/1129). Certificates in the Fund may only be offered, sold, transferred or delivered for an equivalent value of at least EUR 100,000 per participant per transaction or to qualified investors within the meaning of the Act on Financial Supervision (Wet op het financieel toezicht, AFS).

The information in this document provides insufficient information for an investment decision. Please read the key investor document and information memorandum (both available in Dutch). These documents are available on the website of KCM (www.kempen.com/en/asset-management). The information on the website is (partly) available in Dutch and English. The value of your investment may fluctuate. Past performance provides no guarantee for the future.