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.
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.
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.
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
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
1 | 2 | 3 | 4 | 5 | 6 | 7 |
---|
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.
Access to the products and services presented on the Richelieu Gestion website may be subject to restrictions or legal prohibition in certain countries. You are responsible for verifying beforehand that you are legally authorised under the laws and regulations applicable in your country to access this website and view the information published thereon.
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.
© Richelieu Gestion 2019