Kempen Profielfonds 0 - Class N

Profile

Kempen Profielfonds 0 invests in a diversified portfolio of direct investments in fixed income securities and / or participations in investment funds that invest in fixed income securities. Kempen Profielfonds 0 aims to generate the highest possible return given the risk profile and the investment restrictions. The investment policy is mainly passive but the fund can be managed actively if the disadvantages of passive investment are too big or no passively managed alternatives are available.

Each year, the fund’s strategic asset allocation is determined based on long-term risk and return expectations. During the year, the management company can, e.g. on basis of economic developments or market signals, deviate from the strategic investment policy within the applicable investment restrictions. See table under the Portfolio tab for bandwidth, strategic investment policy and the current allocation of the fund.

The management company aims to pursue a (weighted) average duration of 10.3 years.

Management team

Florentine Hanlo, Wilse Graveland, Frank van der Ploeg, Cas de Bruijne

Performance per 2022-10-31 (rebased)

No chart data available

Performance per 2022-10-31

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  Fund
1 month -0.2 %
3 months -14.0 %
This year -26.9 %
2019 10.3 %
2020 8.2 %
2021 -6.4 %
1 year (on annual basis) -27.4 %
3 years (on annual basis) i -10.4 %
5 years (on annual basis) i -3.7 %
Since inception (on annual basis) i 0.6 %
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 10.13 M 2022-10-31
Share class size
EUR 0.65 M 2022-10-31
Number of shares
28,545 2022-10-31
Net Asset Value i
EUR 24.23 2022-12-02
Transaction price i
EUR 24.21 2022-12-02
Morningstar rating â„¢

Fund characteristics per 2022-10-31

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  Fund
Number of holdings 45
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.

Developments per 2022-09-30

Due to the nature of this fund, this information is only available on the Dutch part of this website.

Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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 2022-10-31 (rebased)

No chart data available

Performance per 2022-10-31

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  Fund
1 month -0.2 %
3 months -14.0 %
This year -26.9 %
2019 10.3 %
2020 8.2 %
2021 -6.4 %
1 year (on annual basis) -27.4 %
3 years (on annual basis) i -10.4 %
5 years (on annual basis) i -3.7 %
Since inception (on annual basis) i 0.6 %
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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Distributing
Yes
Last dividend
EUR 2.77
Ex-date last dividend
2022-05-27
Dividend calendar

Risk analysis (ex post) per 2022-10-31

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  3 years Since inception
Maximum drawdown i -23.69 % -23.69 %
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.

Maturity profile (2022-10-31)

58.0 %
> 10 year
0.2 %
Cash
41.9 %
Other
Total
100 %

Geographic allocation (2022-10-31)

33.2 %
Ireland
23.4 %
France
16.3 %
Germany
10.2 %
Luxembourg
6.9 %
Belgium
5.3 %
Netherlands
3.1 %
Austria
1.2 %
Finland
0.3 %
European M.C.F.
0.2 %
Cash
Total
100 %

Top 10 holdings (2022-10-31)

18.5 %
NT High Quality Euro Government Bnd Ind.
9.3 %
3.250% Frankrijk 2013-45
6.8 %
iShares ESG Screened Euro Corp Bond Q
6.4 %
NT Euro Government Bond Index C EUR
5.2 %
Kempen (Lux) Euro Sustainable Cr Fd IX1
5.0 %
AS Eur Corp Bond Sust and Resp Inv Fd
3.9 %
3.250% Duitsland 2010-42
3.6 %
1.500% Frankrijk 2018-50
3.5 %
1.250% Duitsland 2017-48
3.0 %
4.000% Frankrijk 2004-55
Total
65.1 %

Rating allocation (2022-10-31)

20.4 %
AAA
34.8 %
AA
1.5 %
A
43.0 %
Not Rated
0.2 %
Cash
Total
100 %

Sector allocation (2022-10-31)

57.1 %
Government
24.9 %
Bonds Government
17.0 %
Bonds Corporates
0.9 %
Semi-Government
0.2 %
Other
Total
100 %
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.

Environmental and/or social characteristics promoted

The Kempen Profile Funds (the “Funds”) come under article 8 of the SFDR, which means that the Funds promote certain social and environmental characteristics. These Funds invest in a wide variety of companies, some of which seek to achieve sustainability goals.

In addition, the Funds are committed to achieving the climate goals contained in the Paris Climate Agreement in the form of short-term goals (2025), medium-term ambitions (2030) and a long-term commitment (2050).

ESG Investment process

The Management Company is a responsible asset manager with a long-term investment horizon that believes in engaging as an active owner. The Management Company bases its environmental, social and governance criteria (ESG) for responsible investment on international principles and treaties, such as the United Nations Global Compact (UNGC), the United Nations Guiding Principles for Business and Human Rights (UNGP), the Principles for Responsible Investment (UNPRI) and the OECD Guidelines for Multinational Enterprises. The ESG criteria form an integral component of the Management Company’s investment process.

The Management Company’s investment approach takes ESG criteria into account via exclusion, SG integration and active ownership. These are also mandatory elements in the selection of investments. Compliance is subject to regular monitoring. The Funds do not have a sustainability index as a benchmark.

Exclusion

Under the exclusion policy described above, we exclude those companies on Kempen’s exclusion list. These lists are reviewed and updated each quarter. This includes the periodic screening of companies involved in the violation of international standards. These are documented in the Kempen Convention Library.

Key figures

  Kempen criteria Additional criteria
Business conduct
Human Rights
Labour
Environment
Anti Corruption
Product involvement
Controversial Weapons
Tobacco
Thermal Coal
Tar Sands
Adult Entertainment
Alcohol
Animal Welfare & GMO
Gambling
Power Generation Nuclear
Power Generation Carbon Intensive
(Un)conventional Oil & Gas Extraction
Weaponry
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.

 

SWING FACTORS

An overview of the current swing factors are available here.

Ongoing charges

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Management fee i
0.350 %
Service fee i
0.10 %
Indirect costs i
0.05 % - 0.20 % (estimated range)
Expected ongoing charges i
0.50 % - 0.65 % (estimated bandwith)
Ongoing charges last financial year i
0.51 %
The ongoing charges figure of the last financial year relates to 2021.

Other costs

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Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.

Share class details

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Share class
N
Investor type
Institutional & Private
Distributing
Yes
Objective
To generate the highest possible return given the risk profile and the investment restrictions.
Investment category
Multi Asset Strategies
Universe
Global fixed income (direct and indirect)
Inception date
2014-01-03
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
Administrator
BNP Paribas S.A., Netherlands Branch
Auditor
PricewaterhouseCoopers Accountants N.V.
Transfer agent
Van Lanschot Kempen NV
Management company
Kempen Capital Management NV
Depositary and custodian
BNP Paribas S.A., Netherlands Branch
Morningstar rating â„¢

Tradability

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Listed
yes, listed on the NAV Trading Facility of Euronext
Subscription/Redemption Frequency
Daily
ISIN i
NL0010610309
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.
Kempen Profielfonds 0 (the “Sub-Fund”) is a sub-fund of Kempen Profielfondsen N.V. (the “Fund”). 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 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 Dutch). 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.