- Kempen
- Participatiefonds Merwede
Participatiefonds Merwede
Profile
Merwede Participatiefonds (Merwede) aims to use a participation exemption ("deelnemingsvrijstelling") in Kempen Oranje Participaties N.V. (KOP), through an investment in Kempen Oranje Participaties Primo (KOP I).
KOP, the fund Merwede indirectly invests in, offers the opportunity to invest in small-sized European companies. KOP invests in shares of undervalued companies and aims to hold 5% or more of the paid-up nominal capital of each company. The environmental, social and governance (ESG) criteria are incorporated in the investment process of KOP, the fund Merwede (indirectly) invests in.
KOP positions itself as an engaged shareholder and aims to generate a long term total return of 10% on an annual basis (on the basis of capital gains and dividends).
KOP, the fund Merwede indirectly invests in, offers the opportunity to invest in small-sized European companies. KOP invests in shares of undervalued companies and aims to hold 5% or more of the paid-up nominal capital of each company. The environmental, social and governance (ESG) criteria are incorporated in the investment process of KOP, the fund Merwede (indirectly) invests in.
KOP positions itself as an engaged shareholder and aims to generate a long term total return of 10% on an annual basis (on the basis of capital gains and dividends).
Management team
Michiel van Dijk, Erwin Dut, Sander van Oort, Ingmar Schaefer
Performance per 2019-07-31 (rebased)
Performance per 2019-07-31
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| Fund | |
|---|---|
| 1 month | -3.2 % |
| 3 months | -7.2 % |
| This year | 10.0 % |
| 2017 | 11.2 % |
| 2018 | -21.3 % |
| 1 year (on annual basis) | -7.9 % |
| Since inception (on annual basis) i | -1.8 % |
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. Performance shown in the graph has been rebased. 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 31.17 M 2019-07-31 |
| Share class size | EUR 31.17 M 2019-07-31 |
| Number of shares | 676 2019-07-31 |
| Net Asset Value | EUR 46,103.27 2019-07-31 |
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
Market developments per 2019-06-30
Due to the nature of this fund, this information is only available on the Dutch part of this website.
Portfolio developments per 2019-06-30
Due to the nature of this fund, this information is only available on the Dutch part of this website.
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
Performance per 2019-07-31 (rebased)
Performance per 2019-07-31
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| Fund | |
|---|---|
| 1 month | -3.2 % |
| 3 months | -7.2 % |
| This year | 10.0 % |
| 2017 | 11.2 % |
| 2018 | -21.3 % |
| 1 year (on annual basis) | -7.9 % |
| Since inception (on annual basis) i | -1.8 % |
Performance is shown after deduction of ongoing charges and including the reinvestment of dividend that has been paid out. Performance shown in the graph has been rebased. 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 735.00 |
| Ex-date last dividend | 2019-05-20 |
| Number of distributions per year | 1 |
| Dividend calendar |
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
Merwede Participatiefonds is (indirectly) fully invested in Kempen Oranje Participaties N.V. More information about the portfolio of Kempen Oranje Participaties N.V. you will find on the portfolio page of Kempen Oranje Participaties N.V.
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
Ongoing charges
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| Management fee i | 0.00 % |
| Service fee i | 0.15 % |
| Indirect costs i | 1.10 % |
| Expected ongoing charges i | 1.27% |
| Ongoing charges last financial year i | 1.25 % |
Other costs
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| Upward swing factor i | 0.50 % |
| Downward swing factor i | 1.50 % |
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
Share class details
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| Investor type | Institutional & Private |
| Distributing | Yes |
| Objective | KOP, the fund indirectly invested in, aims to generate a long term return of 10% a year |
| Investment category | Small-caps |
| Universum | European small-caps |
| Inception date | 2017-05-10 |
| May be offered to all investors in | The Netherlands |
| UCITS status i | No |
| Status | Open-end i |
| Base currency | EUR |
| Administration Office | Administratiekantoor Kempen Rivieren Participatiefondsen B.V. |
| Administrator | BNP Paribas Securities Services S.C.A. |
| Management company | Kempen Capital Management N.V. |
| Depositary and custodian | BNP Paribas Securities Services S.C.A. |
Tradability
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| Minimum subscription | Minimal initial subscription and holding amount: €100,000 |
| Listed | no |
| Subscription/Redemption Frequency | Quarterly, on the first business day of January, April, July and October |
| ISIN i | NL0012294508 |
| Entry period purchase order | Approximately 34 calendar days before the start of each quarter |
| Entry period sell order | Approximately 34 calendar days before the start of each quarter |
| Details | Orders must be received by the transfer agent before the third business day before the end of November, February, May and August, no later than 10.00 AM Amsterdam time in order to be executed on the next dealing day. |
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
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
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Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
No data available.
Kempen Capital Management N.V. (KCM) is the management company of Merwede Participatiefonds (the "Fund"). KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of KCM at the The Netherlands Authority for the Financial Markets.
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.
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.
More information?
