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 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 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 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

Performance per 2020-12-31 (rebased)

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

No chart data available

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Performance per 2020-12-31

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	Fund	Benchmark
1 month	2.7 %	2.4 %
3 months	11.3 %	10.8 %
This year	7.2 %	-3.3 %
2019	5.0 %	5.8 %
1 year (on annual basis)	7.2 %	-3.3 %
Since inception (on annual basis) i	9.9 %	1.8 %

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 221.28 M 2020-12-31
Share class size	EUR 221.28 M 2020-12-31
Number of shares	1,965,789 2020-12-31
Net Asset Value i	EUR 115.43 2021-01-20
Transaction price i	EUR 115.18 2021-01-20

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.

Performance per 2020-12-31 (rebased)

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

No chart data available

Show benchmark

Performance per 2020-12-31

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	Fund	Benchmark
1 month	2.7 %	2.4 %
3 months	11.3 %	10.8 %
This year	7.2 %	-3.3 %
2019	5.0 %	5.8 %
1 year (on annual basis)	7.2 %	-3.3 %
Since inception (on annual basis) i	9.9 %	1.8 %

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.

Top 51 holdings (2020-12-31)

5.9 %

ASML

4.4 %

Adidas

4.0 %

Novo Nordisk

4.0 %

Lonza

3.9 %

Merck

3.8 %

SIEMENS GAMESA RENEWABLE ENE

3.8 %

Sika

3.7 %

PANDORA A/S

3.4 %

Deutsche Boerse

3.3 %

SAP

3.1 %

Amadeus IT Group

3.1 %

Wolters Kluwer

3.0 %

Aena SME

3.0 %

PRUDENTIAL PLC

3.0 %

Industria de Diseno

3.0 %

Edenred

3.0 %

Legrand

2.9 %

Schneider Electric

2.7 %

Convatec Group

2.3 %

LUNDIN PETROLEUM AB

2.3 %

DNB Bank

2.3 %

NOKIA OYJ

2.3 %

Fresenius

2.3 %

BARRATT DEVELOPMENTS PLC

2.2 %

Valeo

2.1 %

ING Groep

2.1 %

S.O.I.T.E.C.

2.1 %

SODEXO SA

2.1 %

EXPERIAN PLC

2.0 %

Reckitt Benckiser

2.0 %

EPIROC AB-A

1.9 %

SWEDBANK AB - A SHARES

1.6 %

IDORSIA LTD

1.6 %

Equinor

1.5 %

SCHINDLER HOLDING-PART CERT

0.4 %

CASH

0.1 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

0.0 %

CASH

-0.1 %

CASH

Total

100.0 %

SWING FACTORS

An overview of the current swing factors are available here.

Ongoing charges

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Service fee i	0.15 %
Expected ongoing charges i	0.50 %
Ongoing charges last financial year i	0.50 %

The Ongoing Charges Figure of the last financial year relates to 2019/2020.

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 BV
Administrator	BNP Paribas Securities Services SCA
Auditor	PricewaterhouseCoopers Accountants NV
Transfer agent	Van Lanschot Kempen Wealth Management NV
Management company	Kempen Capital Management NV
Depositary and custodian	BNP Paribas Securities Services SC.

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.