NN (L) Patrimonial Balanced European Sustainable - P Cap EUR
Sub-fund of NN (L) Patrimonial (SICAV domiciled in Luxembourg)
Fund is the popular name for UCI (Undertaking for Collective Investment). A UCI is an undertaking that brings together several investors and invests their deposited money in various investment products, such as stocks, bonds, cash, etc., in order to spread the risk.
Before you proceed with investing, you must read and evaluate the KIID and prospectus. The KIID sets out the objectives, investment policy, risks and benefits, and costs and past performance of the fund.
Source NAV www.beama.be
KEY INFORMATION
LEGAL DOCUMENTS
PERFORMANCE
ANALYSIS

Fund Profile

Category: SICAV

The fund mainly invests in a diversified portfolio of European stocks and Eurozone fixed income instruments from companies and issuers pursuing policies of sustainable development observing environmental, social and governance principles. To determine our eligible sustainable investment universe, companies are screened using exclusionary screening whereby companies with serious and structural issues concerning controversial behavior and activities are excluded. Only countries with the best environmental, social and governance scores are eligible to invest in. The fund is actively managed against an investment profile of 50% bonds denominated in Euro and 50% European stocks. Measured over a period of five years we aim to beat the performance of the Benchmark composed as follows: 50% MSCI Europe Index (Net), 50% Barclays Euro Aggregate. The fund strives to add value via three approaches: (1) Tactical allocation between and within stocks and bonds, (2) Selection of companies and governments which combine respect for environmental principles, social principles (e.g. human rights, non-discrimination, fight against child labor) and governance principles with a financial performance, (3) Decisions aimed at portfolio diversification and risk management. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.

Risk Profile
Significant risks that are not adequately reflected in the profile:

Credit risk
The fund can invest in bonds and/or shares. The issuers of these bonds and/or shares may become insolvent, thus the value of the bonds and/or shares may be lost in full or in part.
Event risk
This fund may be negatively affected by unforeseeable events such as devaluations or political events.

You will find all other risks associated with this fund in the prospectus.
Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
1
2
3
4
5
6
7
Lower Risk
Possible Lower
Returns
Higher Risk
Possible higher
Returns
Key Information
Closing Price 24/09/2021 933.83
Morningstar category EUR Moderate Allocation
Currency EUR
Distribution status Capitalizing
ISIN LU1444115874
Inception Date 16/12/2016
Maturity date Unlimited
Management strategy (vs benchmark) Active
Minimum initial amount 100.00 EUR
Fees And Charges
Entry fee None
Tax on entry None
Custody fees None
Tax on returns
Yes, 30% on fixed income part of the fund
Tax on dividend N/A
Exit fee None
Tax on exit 1.32 (max. 4,000.00 EUR per fund)
Ongoing charge 1.45% of which 0.72% is paid to MeDirect
Fund management company
Address NN Investment Partners BV Schenkkade 65, 2595 AS, Den Haag Den Haag 2509 LL Netherlands
Manager Name Siu Kee Chan
Manager Start Date 30/06/2008
Website https://www.nnip.com
Total Net Assets (mil) 824.36 EUR (31/08/2021)
UCITS Yes
Administrator Brown Brothers Harriman (Lux) SCA

Legal Documents

It is possible that this fund applies swing pricing. Please consult the prospectus for more information.
Should you have any complaints, you may contact Compliance Officer MeDirect, Keizerinlaan 66, 1000 Brussel or via [email protected] or Ombudsfin, Ombudsman for financial disputes, North Gate II, Koning Albert II – laan 8 bus 2, 1000 Brussel or via [email protected]

Performance

Historical returns returns and the evolution of the NAV are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Sales charges (like entry- and exit fees ) and taxes are not included in the calculation of past performance. Management fees, administrative fees and other costs taken out of the fund assets have been taken in to account, as they are already included in the NAV.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year15.48%24/09/2021
3 years9.17%24/09/2021
Since launch5.37%24/09/2021
Cumulative performance in EUR
Performance
YTD 01/01/20219.47
1 month-1.85
3 months2.46
6 months7.85
Quarterly Returns
Q 1Q 2Q 3Q 4
20212.56%4.00%--
2020-11.15%11.81%4.82%3.78%
20197.96%3.92%2.77%2.54%
2018-2.35%2.48%-0.86%-6.61%
20171.65%0.91%1.56%-0.07%

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock52.31%0.00%52.31%
Bond41.38%0.00%41.38%
Cash7.42%3.44%3.98%
Other2.33%0.00%2.33%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
5.648.927.56
Sharpe Ratio
2.901.111.00
Sortino Ratio
8.271.631.50
Positive Months9.0025.0039.00
Negative Months3.0011.0021.00
Worst Month-1.91-8.77-8.77
World Regions
Region%
Eurozone23.17
Europe - ex Euro17.63
United Kingdom10.16
United States1.34
Stock Sector Weighting
Sector% of Equity
Industrials9.51
Financial Services8.65
Consumer Defensive
7.70
Healthcare7.15
Technology6.80
Consumer Cyclical
6.09
Communication Services3.01
Basic Materials2.12
Utilities1.28
Top 10 Holdings
HoldingSectorCountry% of Assets
Nestle SA Consumer DefensiveSwitzerland3.12
ASML Holding NV TechnologyNetherlands2.90
L'Oreal SA Consumer DefensiveFrance1.99
Siemens AG IndustrialsGermany1.75
Allianz SE Financial ServicesGermany1.70
adidas AG Consumer CyclicalGermany1.47
Straumann Holding AG HealthcareSwitzerland1.46
Novo Nordisk A/S B HealthcareDenmark1.46
Unilever PLC Consumer DefensiveUnited Kingdom1.44
Partners Group Holding AG Financial ServicesSwitzerland1.40
It is possible that some UCI presented in the portfolio are not offered in Belgium, please verify with our client service
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
All key information and documents must be reviewed before being able to Invest.