Richelieu Harmonies
Richelieu Harmonies



RICHELIEU HARMONIES

Discipline and responsiveness

Richelieu Harmonies is an asset allocation fund that combines the analysis of macro-economic challenges with themed management and transparent, disciplined risk management. Its international allocation comprises 0 to 45% of its net assets in equities (direct securities, funds, ETFs or futures), the balance being invested in government or corporate bonds based on market opportunities and trends. Richelieu Harmonies is the signature fund reflecting the convictions of Richelieu Gestion.




Alexandre HEZEZ
Manager


Diversified Management

 

Performance at 23/10/2019 (Share class R)

Performance since inception * (see chart)
Richelieu Harmonies +62.35 %
Reference benchmark ** +53.09 %


Annualised performance since inception *
Richelieu Harmonies + 2.85 %
Reference benchmark ** + 2.5 %

* date of the first available NAV.

**the benchmark performance mirrors the following composite index: 30% Stoxx Europe 600 (dividends excluded until 31 December 2012, and then dividends included from 1 January 2013) and 70% EONIA (compounded).

The figures indicated refer to past years. Past performance is not a reliable indicator of future performance. Sources: internal and Europerformance.




Key figures at 23/10/2019 (Share class R)

Richelieu Harmonies Reference benchmark
Net asset value 162.35 € 153.09 €
2019 performance +4.26 % +4.40 %
One-year performance +2.57 % +3.00 %
Five-year performance +9.13 % +9.18 %
Total net assets 28 M€ -
Volatility / 1 year -
Volatility / 5 years -


The objectives and investment policy have been modified on 1 September 2019. In this respect, the reported performances prior to this date were achieved under conditions that do not longer hold.


Characteristics

ISIN code: FR0000986846
Inception date*: 25 July 2002
Reference benchmark : the benchmark performance mirrors the following composite index: 30% Stoxx Europe 600 (dividends excluded until 31 December 2012, and then dividends included from 1 January 2013) and 70% EONIA (compounded).
Recommended investment horizon : > 3 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 the 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

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The above benchmark reflects the UCITS’ volatility over five years based on its exposure to fixed-income and equity markets. It is calculated based on the UCITS’ historical returns and, in the event of insufficient historical data, based on the returns of its reference benchmark.

Major risks for the UCITS that have not been sufficiently taken into account by the benchmark are:

- Credit risk: this concerns, for debt securities and monetary instruments, the risk of a sudden deterioration in the creditworthiness of an issuer or that of its default. This risk is more significant for so-called “speculative” securities.


Downloads


Monthly Management Report

2018 Annual Report

Half-Yearly Report

Newsletter to unit-holders

March 13, 2019

July 16, 2019

KIID (Key Investor Information Document) and prospectus

KIID Share class R

KIID Share class F

KIID Share class Income

Prospectus

Full prospectus


Our range

 

  • Richelieu France
  • Richelieu Pragma Europe
  • Richelieu CityZen
  • Richelieu Croissance PME

  • Richelieu Family Small Cap
  • Richelieu Obligations Euro
  • Richelieu Obligations Court Terme
FR EN
FRANCE
SWITZERLAND
LUXEMBOURG

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Please note that the mutual funds have not been and will not be registered with the US Securities and Exchange Commission as provided by the US Investment Company Act of 1940 and its amendments, or any other regulation applicable to securities.

Accordingly, none of the prospectuses published on this website may be taken or transmitted to, or distributed in, the United States of America, its territories or possessions, or remitted to American institutional residents or companies, associations or other entities created or governed under US laws (all of the foregoing constitute a “US person” as defined by the US Securities Act of 1933). Moreover, the mutual funds may not be offered or sold to US investors.

Richelieu Gestion advises any interested person to verify beforehand that he or she is legally authorised to invest in the products and/or services presented on the website. None of the products or services presented here shall be supplied to a person if the law of his or her country of origin, or any other country concerning him or her, prohibits it. The reader of this message is kindly requested to ensure that he or she is legally authorised to connect to this website in the country from where the connection is established.

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© Richelieu Gestion 2019