BestSelect-Hermes European Growth Equity BN

Profile

BestSelect-Hermes European Growth Equity (the Fund) invests in shares of companies that are listed or established in Europe. Kempen Capital Management N.V. has outsourced the stock selection and portfolio management Hermes Investment Management Limited. A diversified portfolio is compiled based on a bottom-up investment process. Central to the investment strategy is the selection of companies with a positive change that initiate strength and sustainable future growth, which have not yet been discovered by the market. The focus is on companies with undervalued growth, a higher than average return on equity, profit growth and revenue growth. The ESG criteria of Kempen Capital Management N.V. are used in the investment process.

The Fund invest in equity and equity equivalent securities of companies listed or incorporated in the developed and emerging European market region (including Russia). The Funds is also allowed to invest in financial derivative instruments, other UCITS or AIFâ€™s, liquidities and deposits. The usage of these instruments is however expected to be limited.

The objective of the Fund is to achieve long-term capital growth and to achieve a better result than the MSCI Europe 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

Hermes Investment Management Limited

More information can be found on the documents page of this fund

Key figures

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Total fund size	EUR 191.81 M 2019-10-31
Share class size	EUR 191.81 M 2019-10-31
Number of shares	1,913,239 2019-10-31
Net Asset Value i	EUR 101.59 2019-12-06
Transaction price i	EUR 101.43 2019-12-06

BestSelect-Hermes European Growth Equity (the â€œSub-Fundâ€) is a sub-fund of BestSelect Funds (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 application of the investment policy which is under the responsibility and control of the management company, is entrusted to Hermes Investment Management 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.

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 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.

Asset class allocation (2019-10-31)

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	Min	Max	Strategic policy	Current allocation

Top 10 holdings (2019-10-31)

4.5 %

Adidas

4.5 %

Lonza

4.3 %

ASML

4.1 %

Deutsche Boerse

3.9 %

Amadeus IT Group

3.6 %

Novo Nordisk

3.5 %

Wolters Kluwer

3.3 %

Wirecard

3.2 %

PRUDENTIAL PLC

3.1 %

Industria de Diseno

Total

38.1 %

Ongoing charges

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Service fee i	0.15 %
Expected ongoing charges i	0.50 %

Other costs

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Upward swing factor i	0.25 %
Downward swing factor i	0.15 %

Share class details

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Share class	BN i
Investor type	Institutional & Private
Distributing	Yes
Benchmark i	MSCI Europe Net Total Return index in euro
Objective	The objective of the Fund is to achieve long-term capital growth and to achieve a better result than the MSCI Europe Net Total Return index in euro, comprising capital gains or losses plus net dividend.
Duration hedged	No
Investment category	BestSelect funds
Universum	Equity Europe
Inception date	2019-08-15
Domicile	The Netherlands
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 B.V.
Administrator	BNP Paribas Securities Services S.C.A.
Auditor	PricewaterhouseCoopers Accountants N.V.
Transfer agent	Van Lanschot N.V.
Management company	Kempen Capital 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	NL0013689011

BestSelect-Hermes European 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.

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

2019-08-31Factsheet - English

No data available.