- Kempen
- Kempen Orange Fund NV
Kempen Orange Fund N.V.
Profile
The fund positions itself as an engaged shareholder.
Kempen Orange Fund N.V. has the objective to earn a structurally higher return (capital gain and dividends) than its benchmark: GPR Dutch Small Cap Index.
Management team
Performance per 2019-01-31 (rebased)
Performance per 2019-01-31
Fund | Benchmark | |
---|---|---|
1 month | 7.8 % | 7.6 % |
3 months | -2.0 % | -1.3 % |
This year | 7.8 % | 7.6 % |
2016 | 8.5 % | 7.5 % |
2017 | 28.7 % | 28.7 % |
2018 | -20.0 % | -17.8 % |
1 year (on annual basis) | -15.3 % | -14.1 % |
3 years (on annual basis) i | 8.6 % | 9.0 % |
5 years (on annual basis) i | 10.9 % | 8.8 % |
Since inception (on annual basis) i | 10.7 % | 8.7 % |
Key figures
Total fund size | EUR 127.91 M 2019-01-31 |
Share class size | EUR 127.91 M 2019-01-31 |
Number of shares | 1,564,740 2019-01-31 |
Net Asset Value i | EUR 86.78 2019-02-19 |
Transaction price i | EUR 86.61 2019-02-19 |
Morningstar rating â„¢ | |
Morningstar Analyst rating | Silver |
Fund characteristics per 2019-01-31
Fund | Benchmark | |
---|---|---|
Number of holdings | 26 | 64 |
Dividend yield i | 4.25 % | 3.36 % |
Weighted average market capitalization i | EUR 1,866 M | EUR 1,806 M |
P/E ratio i | 11.32 | 13.71 |
Active share i | 32.90 % |
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Market developments per 2019-01-31
Portfolio developments per 2019-01-31
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Performance per 2019-01-31 (rebased)
Performance per 2019-01-31
Fund | Benchmark | |
---|---|---|
1 month | 7.8 % | 7.6 % |
3 months | -2.0 % | -1.3 % |
This year | 7.8 % | 7.6 % |
2016 | 8.5 % | 7.5 % |
2017 | 28.7 % | 28.7 % |
2018 | -20.0 % | -17.8 % |
1 year (on annual basis) | -15.3 % | -14.1 % |
3 years (on annual basis) i | 8.6 % | 9.0 % |
5 years (on annual basis) i | 10.9 % | 8.8 % |
Since inception (on annual basis) i | 10.7 % | 8.7 % |
Dividends
Distributing | Yes |
Last dividend | EUR 1.90 |
Ex-date last dividend | 2018-05-21 |
Number of distributions per year | 1 |
Dividend calendar |
Risk analysis (ex post) per 2019-01-31
3 years | Since inception | |
---|---|---|
Maximum drawdown i | -21.46 % | -59.19 % |
Tracking error i | 3.85 % | 5.76 % |
Information ratio i | -0.09 | 0.35 |
Beta i | 0.97 | 0.88 |
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Top 5 contribution (2019-01-31)
Contribution i | Performance i | |
---|---|---|
BE Semiconductor Industries | 1.38 % | 22.67 % |
ASM International | 1.12 % | 17.21 % |
SBM Offshore | 1.04 % | 11.56 % |
IMCD | 0.69 % | 14.18 % |
PostNL | 0.49 % | 13.41 % |
Bottom 5 contribution (2019-01-31)
Contribution i | Performance i | |
---|---|---|
Intertrust | -0.23 % | -3.32 % |
Sligro Food Group | -0.15 % | -5.46 % |
Takeaway.com | -0.12 % | -4.44 % |
Flow Traders | -0.06 % | -3.02 % |
Wessanen | -0.00 % | -0.68 % |
Geographic allocation (2019-01-31)
Top 10 holdings (2019-01-31)
Sector allocation (2019-01-31)
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Ongoing charges
Management fee i | 0.75 % |
Service fee i | 0.25 % |
Expected ongoing charges i | 1.00 % |
Ongoing charges last financial year i | 1.01 % |
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 200 million: 0.25%
>EUR 200 million: 0.20%
Other costs
Upward swing factor i | 0.20 % |
Downward swing factor i | 0.20 % |
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
Share class details
Investor type | Institutional & Private |
Distributing | Yes |
Benchmark i | GPR Dutch Small Cap Index (dividends reinvested) |
Investment category | Small-caps |
Universum | Dutch and Belgian Small- and Mid-caps |
Inception date | 1990-09-07 |
Domicile | The Netherlands |
May be offered to all investors in | The Netherlands |
UCITS status i | No |
Status | Open-end i |
Base currency | EUR |
Share class currency | EUR |
Management company | Kempen Capital Management N.V. |
Custodian | BNP Paribas Securities Services S.C.A. |
Morningstar rating â„¢ | |
Morningstar Analyst rating | Silver |
Tradability
Listed | yes, listed on the NAV Trading Facility of Euronext |
Subscription/Redemption Frequency | daily |
ISIN i | NL0000289627 |
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
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
Annual Reports
Prospectus
Key Investor Information
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.
KCM Vision
Kempen Capital Management is an asset manager with a long-term investment approach. We strongly believe in engaged shareholdership that benefits all stakeholders. As a long-term responsible investor, we firmly believe that active ownership and shareholder engagement contribute to positive change across the board.
Our KCM wide approach to responsible investment
To put our vision into action we engage with our investment targets on a wide array of strategic, financial, environmental, social and governance (ESG) topics. Our long-term investment worldview paired with thorough analysis and an experienced and diverse ESG team allow us to use both voting and engagement as means to consistently encourage positive change. Through this process of constructive engagement, we are able to contribute to the development of principles and standards of corporate responsibility within companies that we invest in. Our full voting records are available here.
Our fund approach to Responsible Investment
- Continuous dialogue with company management through one-on-one meetings. Meetings with division directors, peers and join analyst and client events. If necessary seek dialogue with the supervisory board
- Actively involved during the AGMs through the use of our voting rights. We make remarks on the agenda if necessary and we stress our discussion points with the company at the AGM
- Companies themselves also have the ability to seek the dialogue with us. We provide feedback on corporate strategy, governance and communication at AGM's and in one-on-one's
- We are focused on the creation of shareholder value, where the company of course has to take into account all stakeholders
- All holdings are screened by MSCI on sustainability items, if necessary we engage with management on sustainability issues with help from our experts in Edinburgh
The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents are available on the website of KCM (www.kempen.com/investmentfunds). The value of your investment may fluctuate. Past performance provides no guarantee for the future.