- Kempen
- BestSelect-Hermes European Growth Equity BN
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 NV has outsourced the stock selection and portfolio management Hermes Fund Managers Ireland 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 NV 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 AIF’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.
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 AIF’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 Fund Managers Ireland Limited
Performance per 2021-12-31 (rebased)
Performance per 2021-12-31
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| Fund | Benchmark | |
|---|---|---|
| 1 month | 3.3 % | 5.5 % |
| 3 months | 8.3 % | 7.7 % |
| This year | 29.3 % | 25.1 % |
| 2019 | 5.0 % | 5.8 % |
| 2020 | 7.2 % | -3.3 % |
| 1 year (on annual basis) | 29.3 % | 25.1 % |
| Since inception (on annual basis) i | 18.1 % | 11.6 % |
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 261.08 M 2021-12-31 |
| Share class size | EUR 261.08 M 2021-12-31 |
| Number of shares | 1,794,069 2021-12-31 |
| Net Asset Value i | EUR 136.96 2022-01-21 |
| Transaction price i | EUR 136.18 2022-01-21 |
BestSelect-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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 2021-12-31 (rebased)
Performance per 2021-12-31
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| Fund | Benchmark | |
|---|---|---|
| 1 month | 3.3 % | 5.5 % |
| 3 months | 8.3 % | 7.7 % |
| This year | 29.3 % | 25.1 % |
| 2019 | 5.0 % | 5.8 % |
| 2020 | 7.2 % | -3.3 % |
| 1 year (on annual basis) | 29.3 % | 25.1 % |
| Since inception (on annual basis) i | 18.1 % | 11.6 % |
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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The Fund pays the received dividends and interest income to the participants within eight months after the end of the financial year. The amount of the dividend payment can vary per year and can be zero in any year.
BestSelect-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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 (2021-12-31)
6.9 %
ASML
5.4 %
Novo Nordisk
4.9 %
Merck
4.8 %
Sika
4.2 %
Lonza
4.0 %
Schneider Electric
3.8 %
SAP
3.5 %
PANDORA A/S
3.4 %
Wolters Kluwer
3.3 %
Legrand
Total
44.3 %
BestSelect-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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 | 0.13 % |
| Expected ongoing charges i | 0.35% - 0.40% (estimated bandwidth) |
| Ongoing charges last financial year i | 0.50 % |
The Ongoing Charges Figure of the last financial year relates to 2019/2020.
The service fee changed as of 23 December 2021 into 0.125% (was 0.15%). The service fee is determined annually on basis of the net asset value as of the last day of the previous financial year:
< or equal to EUR 250 million: 0.15%
Between EUR 250 million and EUR 500 million: 0.125%
>EUR 500 million: 0.10%
The service fee changed as of 23 December 2021 into 0.125% (was 0.15%). The service fee is determined annually on basis of the net asset value as of the last day of the previous financial year:
< or equal to EUR 250 million: 0.15%
Between EUR 250 million and EUR 500 million: 0.125%
>EUR 500 million: 0.10%
BestSelect-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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 |
| 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 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 |
Participations of the BN class are only available to distributors selected by the Management Company, who place orders on behalf of their clients.
Tradability
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| Listed | no |
| Subscription/Redemption Frequency | Daily |
| ISIN i | NL0013689011 |
BestSelect-Hermes European Growth Equity is only 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-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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?
Factsheets
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Prospectus
Sustainability related disclosures
BestSelect-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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-Hermes European 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 Hermes Fund Managers Ireland Limited. This investment firm is under the supervision of the Central Bank of Ireland, the financial regulator in Ireland.
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?