BestSelect-AB European Equity Class BN

Profile

BestSelect-AB European Equity invests in shares of European companies with an expected attractive long-term return. Kempen Capital Management has outsourced the stock selection and portfolio management to AllianceBernstein Limited. Based on a bottom-up fundamental value investment process, a well-diversified portfolio will be constructed. The portfolio is usually a blend of deep value names and companies where good cash flows are assessed at attractive prices and so-called turnaround situations. The portfolio usually contains 40-70 shares. The ESG criteria of Kempen Capital Management NV are used in the investment process. The Fund invests in equity, liquidity and other UCITS or AIFâ€™s

The investment objective of BestSelect-AB European Equity is to achieve long-term capital growth and to outperform the MSCI Europe Net Total Return Index in euro comprising capital gains or losses plus net dividend.

Management team

AllianceBernstein Limited

Performance per 2021-01-31 (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 2021-01-31

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	Fund
1 month	-0.9 %
3 months	19.0 %
This year	-0.9 %
2018	-15.2 %
2019	24.4 %
2020	-5.9 %
1 year (on annual basis)	-6.6 %
3 years (on annual basis) i	-1.4 %
Since inception (on annual basis) i	-1.1 %

The results shown of the periods before 6 October 2020, the inception date of BestSelect-AB European Equity - Class BN, are those of VermogensParapluFonds AB European Equity Pool - Class A. 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 208.12 M 2021-01-31
Share class size	EUR 208.12 M 2021-01-31
Number of shares	1,871,297 2021-01-31
Net Asset Value i	EUR 115.32 2021-02-26
Transaction price i	EUR 115.67 2021-02-26

Fund characteristics per 2021-01-31

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	Fund	Benchmark

BestSelect-AB European 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 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.

Performance per 2021-01-31 (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 2021-01-31

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	Fund
1 month	-0.9 %
3 months	19.0 %
This year	-0.9 %
2018	-15.2 %
2019	24.4 %
2020	-5.9 %
1 year (on annual basis)	-6.6 %
3 years (on annual basis) i	-1.4 %
Since inception (on annual basis) i	-1.1 %

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 2021, which means that the first dividend payment can take place in the period October 2021 - May 2022. The amount of the dividend payment can vary per year and can be zero in any year.

Asset class allocation (2020-10-31)

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	Min	Max	Strategic policy	Current allocation

Top 75 holdings (2021-01-31)

4.6 %

Roche Holding

3.4 %

EDP - Energias de Portugal

3.3 %

GVC HOLDINGS PLC

3.2 %

Enel

2.7 %

Tesco

2.5 %

Ahold Delhaize Koninklijke

2.5 %

RWE

2.5 %

ALSTOM

2.5 %

ROYAL DUTCH SHELL PLC-B SHS

2.4 %

Euronext

2.4 %

GlaxoSmithKline

2.3 %

GETINGE AB-B SHS

2.1 %

AVAST PLC

2.0 %

ASM International

2.0 %

Aroundtown

2.0 %

UBISOFT ENTERTAINMENT

2.0 %

CASH

2.0 %

SAAB AB-B

2.0 %

Akzo Nobel

2.0 %

CRH EU

2.0 %

Faurecia

1.9 %

PERNOD RICARD SA

1.9 %

CARLSBERG AS-B

1.9 %

NXP SEMICONDUCTORS NV

1.9 %

Prysmian

1.8 %

PANDORA A/S

1.8 %

Eurazeo

1.8 %

STELLANTIS NV

1.7 %

CA Immobilien Anlagen

1.7 %

BANK OF IRELAND GROUP PLC

1.7 %

Sanofi

1.7 %

BOLIDEN AB

1.6 %

KBC Group

1.6 %

SR Teleperformance

1.6 %

Hugo Boss AG

1.5 %

AerCap

1.5 %

Weir Group

1.4 %

PERSIMMON PLC

1.4 %

IWG PLC

1.4 %

Smiths Group

1.4 %

Zurich Insurance Group

1.3 %

Arkema

1.3 %

Airbus

1.3 %

Convatec Group

1.1 %

LivaNova

1.1 %

NORWEGIAN FINANCE HOLDING AS

1.1 %

Mediobanca Banca di Credito Finanziario

1.0 %

ASR Nederland

1.0 %

TIETOEVRY OYJ

1.0 %

Nationale Nederlanden Group

0.9 %

QUILTER PLC

0.9 %

BNP Paribas

0.8 %

Orange

0.7 %

SALMAR ASA

0.7 %

Mowi

0.4 %

CASH

0.1 %

CASH

0.0 %

Repsol

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

0.0 %

CASH

0.0 %

CASH

-0.2 %

CASH

-0.2 %

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	0,40% - 0,65% (estimated bandwidth)

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 investment objective of BestSelect-AB European Equity is to achieve long-term capital growth and to outperform 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	European equity
Inception date	2020-08-26
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 Funds 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 SCA

Tradability

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Listed	no
Subscription/Redemption Frequency	Daily
ISIN i	NL0015476847

BestSelect-AB European 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.