Kempen stops fundamental indexing
The Fundamental Index-strategy includes four funds: Kempen (Lux) Global Property Fundamental Index® Fund*, Kempen (Lux) Global Sovereign Fundamental Index® Fund**, Kempen Global Property Fundamental Index® Fund* and Kempen Global Property Fundamental Index Fund® N.V.*
The decision to stop fundamental indexing is of a strategic nature and originates from a wish for more focus on the solutions that Kempen offers its clients. The funds within the Fundamental Index strategy are managed passively. Kempen is an asset manager with a strong track record that has traditionally focused on active investing. In this Kempen sees the added value that is needed to meet customer demands, now and in the future.
Lars Dijkstra, Chief Investment Officer (CIO) of Kempen Capital Management, explains: ‘By keeping this focus, we can offer our clients the desired added value in the area of active investing. Clients who have entrusted passive investments to us, we will guide to find a suitable solution. Our strength lies in the active management of funds, something this decision enables us to fully focus on.’
Payment resulting from the cancellation of Kempen (Lux) Global Property Fundamental Index® Fund and Kempen (Lux) Global Sovereign Fundamental Index® Fund is expected to take place in November 2018. For Kempen Global Property Fundamental Index Fund® this is expected in December 2018. Payment from Kempen Global Property Fundamental Index Fund® N.V. is expected to happen in February 2019. More information can be found on the website via this link in the documentation on the relevant funds.
Kempen Capital Management N.V. is the management company of Kempen Global Property Fundamental Index Fund® and Kempen Global Property Fundamental Index Fund® N.V and Kempen International Funds SICAV. Kempen (Lux) Global Sovereign Fundamental Index® Fund and Kempen (Lux) Global Property Fundamental Index® Fund (the “Sub-funds”) are sub-funds of Kempen International Funds SICAV (the “Fund”), domiciled in Luxembourg. This Fund is authorised in Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. Kempen Capital Management N.V. is authorised as management company and is regulated by The Netherlands Authority for the Financial Markets. Kempen Global Property Fundamental Index Fund® is only available for professional investors. The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document and the prospectus. These documents as well as annual report, semi-annual report and the articles of incorporation of the Fund are available free of charge at the registered office of the Fund located at 6H, route de Trèves, L-2633 Senningerberg, Luxembourg, at the offices of the representative in Switzerland and on the website of KCM (www.kempen.com/investmentfunds).
*under licence from Research Affiliates, LLC
** under licence from FTSE Index LLC