for PEA and PEA-PME ETI savings schemes
European small and mid-caps eligible for PEA and PEA-PME ETI savings schemes
Managed by Clémence de Rothiacob and Xavier Afresne, Richelieu Family Small Cap aims to seek performance throughout the recommended investment horizon, through the discretionary management of a portfolio of shares in businesses that are mainly family-owned within European mid-caps (ETI in French) and small- and medium-sized companies (SMEs), without being linked to an index.
Richelieu Family Small Cap must invest at least 75% of its net assets in equities and securities treated as equivalent, issued by European mid-caps or SMEs*.
Key figures at 12/12/2018 (Share class R)
| Net asset value | 121.76 € |
| 2018 performance | -22.54 % |
| One-year performance | -21.48 % |
| Five-year performance | N/A |
| Total net assets | 38 M€ |
Characteristics
AMF classification: European Union country equities
PEA: Yes
Code ISIN : FR0011689330 (Share class R)
Inception date*: 27 February 2014
Reference benchmark : None
Recommended investment horizon : > 5 years
* The inception date corresponds to the first available NAV
Risk and return profile
The historical data used to calculate this benchmark may not be a reliable indicator of the UCITS’ future risk profile. The risk category associated with this UCITS is not guaranteed and may change over time. The weakest category does not mean a “risk-free” investment. The UCITS’ capital is not guaranteed.
Low risk,
potentially lower
return
High risk,
potentially higher
return
1 | 2 | 3 | 4 | 5 | 6 | 7 |
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The above benchmark reflects the UCITS’ volatility over five years based on its main exposure to European Union equity markets. It is calculated based on the UCITS fund’s historical returns and, in the event of insufficient historical data, based on an estimate of the benchmark allotment.
Major risks for the fund that have not been sufficiently taken into account by the benchmark are:
- A liquidity risk: This involves the price decrease that the fund may need to accept when it is forced to sell certain assets for which there is insufficient demand on the market. This risk is greater for small-caps, in particular those traded on Euronext Growth, which have a limited number of listed securities.
- A risk connected with the use of financial contracts (derivatives): The use of derivative financial instruments or securities containing derivatives may lead to increased market movements within your fund’s portfolio, thereby leading to more significant changes in net asset value (whether upwards or downwards).
