Van Lanschot Vermogensfonds Value Investing Class BN

Van Lanschot Vermogensfonds Value Investing - Class BN

Profile

The Fund aims to achieve the highest possible return in the long term, taking into account the risk profile and investment restrictions. The Fund invests worldwide in listed and unlisted financial instruments that, according to the Manager's analysis, trade below their net asset value. These can be (high) dividend-paying shares, (high-yield) bonds, shares in real estate funds, preference shares and bonds convertible into shares. Investments in high-yield debt securities and emerging markets are also permitted. The currency positions in US dollars, Hong Kong dollars, Japanese yen, Swiss francs and British pounds are hedged to the euro as much as possible.

The Fund may hold cash and deposits denominated in euros and foreign currencies. In addition, the Fund may also use techniques, structures or derivatives such as options, warrants and futures for hedging purposes and efficient portfolio management.

Management team

Najib Nakad, Mark Kwakkenbos

Performance per 2022-08-31 (rebased)

1 month 3 month 1 yr 3 yr 5 yr 10 yr YTD Since inception

No chart data available

Performance per 2022-08-31

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	Fund
1 month	-1.3 %
3 months	-4.3 %
This year	-1.3 %
2021	-0.3 %
1 year (on annual basis)	-1.7 %
Since inception (on annual basis) i	-1.6 %

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 72.50 M 2022-08-31
Share class size	EUR 72.50 M 2022-08-31
Number of shares	73,747 2022-08-31
Net Asset Value i	EUR 927.42 2022-09-26
Transaction price i	EUR 943.37 2022-09-26

Fund characteristics per 2022-08-31

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	Fund
Number of holdings	57

Van Lanschot Kempen Vermogensfonds Value Investing (the â€œSub-Fundâ€) is a sub-fund of Van Lanschot Kempen Vermogensfondsen (the â€œFundâ€). Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The Sub-Fund is registered under the license of KCM at the Dutch Authority for the Financial Markets (AFM).

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch) and the prospectus (available in English). 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 2022-08-31 (rebased)

1 month 3 month 1 yr 3 yr 5 yr 10 yr YTD Since inception

No chart data available

Performance per 2022-08-31

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	Fund
1 month	-1.3 %
3 months	-4.3 %
This year	-1.3 %
2021	-0.3 %
1 year (on annual basis)	-1.7 %
Since inception (on annual basis) i	-1.6 %

Dividends

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Distributing	Yes
Number of distributions per year	1
Dividend calendar	Open the calendar

The fund pays the received dividends and interest income to the participants within eight months after the end of the financial year. The first financial year ends on 31 December 2022, which means that the first dividend payment can take place in 2023. The amount of the dividend payment can vary per year and can be zero in any year.

Geographic allocation (2022-08-31)

16.8 %

Cayman Islands

16.0 %

Netherlands

15.7 %

United Kingdom

6.9 %

Bermuda

6.7 %

United States

6.3 %

Germany

6.3 %

Ireland

3.7 %

Norway

3.6 %

Cash

2.8 %

Chile

2.7 %

France

2.6 %

Switzerland

2.3 %

Austria

1.4 %

Belgium

1.4 %

Hong Kong

0.8 %

China

4.1 %

Other

Total

100 %

Top 6 holdings (2022-08-31)

3.8 %

Genel Energy

3.1 %

Aegon

2.9 %

Mitie Group

2.8 %

CIA Cervecerias Unidas

2.7 %

Sanofi

2.7 %

7.000% Enquest 2017-23

Total

17.9 %

Sector allocation (2022-08-31)

14.0 %

Industrial Goods & Services

11.0 %

Food & Beverage

10.0 %

Banks

9.5 %

Insurance

7.2 %

Personal & Household Goods

6.8 %

Corporates

5.3 %

Health Care

5.0 %

Travel & Leisure

4.5 %

Financials

4.3 %

Conv. Bonds Corporates

4.1 %

Automobiles & Parts

3.8 %

Oil & Gas

3.5 %

Telecommunications

2.3 %

Asset-Backed Loans

2.0 %

Bonds High Yield

1.9 %

Construction & Materials

1.7 %

Real Estate

1.1 %

Chemicals

1.8 %

Other

Total

100 %

No data available.

SWING FACTORS

An overview of the current swing factors are available here.

Ongoing charges

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Management fee i	0.880 %
Service fee i	0.10 %

Share class details

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Share class	BN i
Investor type	Institutional & Private
Distributing	Yes
Investment category	Other
Inception date	2021-03-05
Domicile	The Netherlands
May be offered to all investors in	The Netherlands
UCITS status i	No
Status	Open-end i
Base currency	EUR
Share class currency	EUR
Administration Office	Juridisch eigenaar Kempen AIF BV
Administrator	BNP Paribas Securities Services S.C.A., Amsterdam branch
Auditor	PricewaterhouseCoopers Accountants NV
Transfer agent	Van Lanschot Kempen NV
Management company	Kempen Capital Management NV
Depositary and custodian	BNP Paribas Securities Services S.C.A., Amsterdam branch