Participatiefonds Seine

Profile

Seine Participatiefonds (Seine) aims to use a participation exemption ("deelnemingsvrijstelling") in Kempen Oranje Participaties NV (KOP), through an investment in Kempen Oranje Participaties Primo (KOP I).

KOP, the fund Seine 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 Seine (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 2020-05-31 (rebased)

No chart data available

Performance per 2020-05-31

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  Fund
1 month 4.8 %
3 months -0.1 %
This year -6.7 %
2019 15.0 %
Since inception (on annual basis) i 7.4 %
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 17.31 M 2020-05-31
Share class size
EUR 17.31 M 2020-05-31
Number of shares
313 2020-05-31
Net Asset Value
EUR 56,720.61 2020-06-30
Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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 Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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 2020-05-31 (rebased)

No chart data available

Performance per 2020-05-31

Slide to see more
  Fund
1 month 4.8 %
3 months -0.1 %
This year -6.7 %
2019 15.0 %
Since inception (on annual basis) i 7.4 %
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
Number of distributions per year
1
Dividend calendar
Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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.

Seine Participatiefonds is (indirectly) fully invested in Kempen Oranje Participaties NV. More information about the portfolio of Kempen Oranje Participaties NV you will find on the portfolio page of Kempen Oranje Participaties NV.

Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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
0.00 %
Service fee i
0.25 %
Indirect costs i
1.11 % on an annual basis
Expected ongoing charges i
1.37 %
The expected ongoing charges are annualized and relate to the first financial year.
Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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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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
2019-10-01
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 BV
Administrator
BNP Paribas Securities Services S.C.A.
Auditor
PricewaterhouseCoopers Accountants N.V.
Transfer agent
Kempen Capital Management NV
Management company
Kempen Capital Management NV
Depositary and custodian
BNP Paribas Securities Services S.C.A.

Tradability

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Listed
no
Subscription/Redemption Frequency
Quarterly, on the first business day of January, April, July and October
ISIN i
NL0013475387
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 16.00 Amsterdam time. The orders will then be executed on the next dealing day.
Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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 Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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.
No data available.
Kempen Capital Management NV (KCM) is the management company of Seine Participatiefonds (the “Fund”). KCM is authorised as a management company and regulated by the Dutch Authority for the Financial Markets (AFM). The 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.