- Kempen
- BestSelect-AB US Concentrated Growth Equity BN
BestSelect-AB US Concentrated Growth Equity BN
Profile
BestSelect-AB US Concentrated Growth Equity (the Fund) invests in shares issued by companies in the US. Kempen Capital Management has outsourced the stock selection and portfolio management to AllianceBernstein Limited. Based on a bottom-up investment process, a concentrated, high conviction portfolio is compiled with a limited number of companies. The portfolio is generally invested in high-quality growth companies. These are generally superior businesses that have consistent positive earnings, a high degree of predictability and are industry leaders. The ESG criteria of Kempen Capital Management N.V. are used in the investment process. The Fund also excludes companies with significant business involvement / industry tie (more than 5% of their revenues) to the production of conventional weapons and coal mining.
The Fund invests in equity and equity equivalent securities issued by US companies. The Funds is also allowed to invest in financial derivative instruments, other UCITS or AIF’s, liquidities and deposits. The usage of these instruments is however expected to be limited.
The investment objective of the Fund is to achieve long-term capital growth and to achieve a better result than the MSCI USA Net Total Return index in euro, comprising capital gains or losses plus net dividend. The composition of the portfolio is actively managed and may also include shares that are not included in the benchmark. The portfolio can deviate significantly from the composition of the benchmark.
The Fund invests in equity and equity equivalent securities issued by US companies. The Funds is also allowed to invest in financial derivative instruments, other UCITS or AIF’s, liquidities and deposits. The usage of these instruments is however expected to be limited.
The investment objective of the Fund is to achieve long-term capital growth and to achieve a better result than the MSCI USA Net Total Return index in euro, comprising capital gains or losses plus net dividend. The composition of the portfolio is actively managed and may also include shares that are not included in the benchmark. The portfolio can deviate significantly from the composition of the benchmark.
Management team
AllianceBernstein Limited
Performance per 2020-01-31 (rebased)
Performance per 2020-01-31
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| Fund | Benchmark | |
|---|---|---|
| 1 month | 2.4 % | 1.5 % |
| 3 months | 8.8 % | 7.6 % |
| This year | 2.4 % | 1.5 % |
| 2019 | 6.9 % | 6.8 % |
| Since inception (on annual basis) i | 9.4 % | 8.3 % |
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 290.56 M 2020-01-31 |
| Share class size | EUR 290.56 M 2020-01-31 |
| Number of shares | 2,656,352 2020-01-31 |
| Net Asset Value | EUR 108.51 2020-02-27 |
| Transaction price | EUR 108.35 2020-02-27 |
Fund characteristics per 2020-01-31
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| Fund | Benchmark | |
|---|---|---|
| Number of holdings | 26 |
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
Performance per 2020-01-31 (rebased)
Performance per 2020-01-31
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| Fund | Benchmark | |
|---|---|---|
| 1 month | 2.4 % | 1.5 % |
| 3 months | 8.8 % | 7.6 % |
| This year | 2.4 % | 1.5 % |
| 2019 | 6.9 % | 6.8 % |
| Since inception (on annual basis) i | 9.4 % | 8.3 % |
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 |
| Number of distributions per year | 1 |
| Dividend 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 30 September 2020, which means that the first dividend payment can take place in the period October 2020 - May 2021. The amount of the dividend payment can vary per year and can be zero in any year.
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
Top 10 holdings (2020-01-31)
9.6 %
Microsoft
9.5 %
Mastercard
8.2 %
ABBOTT LABORATORIES
6.8 %
IQVIA
5.5 %
Charles Schwab
5.0 %
VERISK ANALYTICS INC
4.9 %
Alphabet Class C
4.8 %
ZOETIS INC
4.7 %
Stericycle
4.5 %
FACEBOOK INC-CLASS A
Total
63.4 %
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
Ongoing charges
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| Service fee i | 0.15 % |
| Expected ongoing charges i | 0.50% - 0.60% (estimated bandwidth) |
Other costs
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| Upward swing factor i | 0.15 % |
| Downward swing factor i | 0.15 % |
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
Share class details
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| Share class | BN i |
| Investor type | Institutional & Private |
| Distributing | Yes |
| Benchmark i | MSCI USA Net Total Return index in euro |
| Objective | The investment objective of the Fund is to achieve long-term capital growth and to achieve a better result than the MSCI USA Net Total Return index in euro, comprising capital gains or losses plus net dividend. |
| Duration hedged | No |
| Investment category | BestSelect funds |
| Universum | US Equity |
| Inception date | 2019-08-15 |
| May be offered to all investors in | The Netherlands |
| UCITS status i | Yes |
| Status | Open-end i |
| Base currency | EUR |
| Share class currency | EUR |
| Administration Office | Juridisch Eigenaar BestSelect Funds B.V. |
| Administrator | BNP Paribas Securities Services S.C.A. |
| Auditor | PricewaterhouseCoopers Accountants N.V. |
| Transfer agent | Van Lanschot N.V. |
| Management company | KempenCapital Management N.V. |
| Depositary and custodian | BNP Paribas Securities Services S.C.A. |
Tradability
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| Listed | no |
| Subscription/Redemption Frequency | Daily |
| ISIN i | NL0013689037 |
BestSelect-AB US Concentrated Growth Equity will only be available for orders submitted via the Transfer Agent platform of Van Lanschot N.V. Share class BN will only be available for distributors who submit orders on behalf of their clients, and who have been selected by the management company.
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
Read more information about Kempen Capital Management N.V. on this site and find also more information on BNP Paribas Securities Services S.C.A.
Factsheets
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Prospectus
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
No data available.
BestSelect-AB US Concentrated Growth Equity (the “Sub-Fundâ€) is a sub-fund of BestSelect Funds (the “Fundâ€). 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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to AllianceBernstein Limited. This investment firm is under the supervision of the Financial Conduct Authority (FCA), the financial regulator in the United Kingdom.
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.
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.
More information?
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Kempen & Co is a trade name of Van Lanschot Kempen Wealth Management NV. Both Van Lanschot Kempen Wealth Management NV and Kempen Capital Management NV are part of Van Lanschot Kempen NV