Flossbach von Storch - Foundation Growth - E

The Flossbach von Storch - Foundation Growth Sub-Fund offers professional asset management to foundations and other responsible investors. The growth-oriented multi-asset strategy is designed to generate attractive returns while preserving the substance of the assets over the long term. The fund management invests globally in equities (maximum 75 per cent), bonds, convertible bonds, currencies, gold (indirectly) and investment funds according to the principle of risk diversification. Derivatives may be used to hedge or optimise returns. The investment strategy includes in-house valuation models, ESG integration, engagement, and voting. In addition, exclusion criteria are taken into account that are based on a broad consensus of values. For example, the fund management refrains from investing in companies that are associated with the production and distribution of controversial weapons, or that generate significant revenues from military weapons, thermal coal, tobacco, alcohol and gambling. Also excluded are companies that seriously violate the principles of the UN Global Compact initiative ‒ these include human rights, labour standards, environmental protection, and anti-corruption. When selecting government bonds, no issuers are considered that are classified as "not free" by Freedom House. The Sub-Fund is actively managed and not benchmarked against an index.


WKN:A2QFWQ
ISIN:LU2243568032
Authorised for distribution:AT, CH, DE, ES, IT, LI, LU
Fund type / legal structure:UCITS / FCP
Domicile:Luxemburg
SFDR Classification:Article 8
Fund currency:EUR
Launch date:5 January 2021
Financial year end:30 September
Income utilisation:Distribution
Last distribution:1.40 EUR (as at 10 December 2021)
Management company:Flossbach von Storch Invest S.A.
Custodian bank / Paying agent:DZ PRIVATBANK S.A.
Manager:Flossbach von Storch AG
Data from:1 July 2022
Fund assets:118.033.886,75 EUR
NIW:99.22 EUR
Redemption price:99.22 EUR
Issue price*:100.21 EUR
Ongoing charges:2.16%
which includes a management fee of:1.93%
Performance fee:
Issue surcharge:up to 1.00%

* incl. max. issue surcharge 1.00%

Source: Custodian bank / Paying agent

Annual performance (As at: 01.07.2022)

Gross fund performance (BVI method) takes into account all costs incurred at fund level (for example, management fees), net fund performance also takes into account the subscription fee. Further costs may be charged individually at customer level (e.g. custody fees, commissions and other charges). Example calculation (net method): An investor wishes to buy shares with capital of €1,000. Based on a maximum subscription fee of 5 %, € 50 will be deducted from their investment as a one-off initial charge. In addition, custody fees may also be applied, which will further reduce the investor’s return. The level of custody fees can be found in your bank’s schedule of fees and services.
Please refer to the cost details presented in this document to determine the maximum subscription fee for the share class of the sub-fund.
The reference index is merely informative. It does not constitute any obligation from the fund manager to track the index or achieve the same performance.
Past performance is not a reliable indicator of future performance.

Source: Custodian bank and SIX Financial Information

Performance (EUR, gross, in %, As at: 01.07.2022)

Gross fund performance (BVI method) takes into account all costs incurred at fund level (for example, management fees), net fund performance also takes into account the subscription fee. Further costs may be charged individually at customer level (e.g. custody fees, commissions and other charges). Example calculation (net method): An investor wishes to buy shares with capital of €1,000. Based on a maximum subscription fee of 5 %, € 50 will be deducted from their investment as a one-off initial charge. In addition, custody fees may also be applied, which will further reduce the investor’s return. The level of custody fees can be found in your bank’s schedule of fees and services.
Please refer to the cost details presented in this document to determine the maximum subscription fee for the share class of the sub-fund.
The reference index is merely informative. It does not constitute any obligation from the fund manager to track the index or achieve the same performance.
Past performance is not a reliable indicator of future performance.

Source: Custodian bank and SIX Financial Information

Accumulated Performance (gross, in %, As at: 01.07.2022)

YTD-11.51%
1 year-6.77%
1 year p.a.-6.77%
since launch (05.01.2021)0.48%

Gross fund performance (BVI method) takes into account all costs incurred at fund level (for example, management fees), net fund performance also takes into account the subscription fee. Further costs may be charged individually at customer level (e.g. custody fees, commissions and other charges). Example calculation (net method): An investor wishes to buy shares with capital of €1,000. Based on a maximum subscription fee of 5 %, € 50 will be deducted from their investment as a one-off initial charge. In addition, custody fees may also be applied, which will further reduce the investor’s return. The level of custody fees can be found in your bank’s schedule of fees and services.
Please refer to the cost details presented in this document to determine the maximum subscription fee for the share class of the sub-fund.
The reference index is merely informative. It does not constitute any obligation from the fund manager to track the index or achieve the same performance.
Past performance is not a reliable indicator of future performance.

Source: Custodian bank and SIX Financial Information

Monthly performance (gross, in %, As at: 01.07.2022)

 20222021
Jan-3.58%0.23%
Feb-1.82%-2.54%
Mar2.34%4.43%
Apr-0.91%1.90%
May-4.29%1.24%
Jun-3.15%2.39%
Jul-0.56%1.87%
Aug1.38%
Sep-3.06%
Oct2.90%
Nov0.50%
Dec1.77%
YTD-11.51%13.55%

Gross fund performance (BVI method) takes into account all costs incurred at fund level (for example, management fees), net fund performance also takes into account the subscription fee. Further costs may be charged individually at customer level (e.g. custody fees, commissions and other charges). Example calculation (net method): An investor wishes to buy shares with capital of €1,000. Based on a maximum subscription fee of 5 %, € 50 will be deducted from their investment as a one-off initial charge. In addition, custody fees may also be applied, which will further reduce the investor’s return. The level of custody fees can be found in your bank’s schedule of fees and services.
Please refer to the cost details presented in this document to determine the maximum subscription fee for the share class of the sub-fund.
The reference index is merely informative. It does not constitute any obligation from the fund manager to track the index or achieve the same performance.
Past performance is not a reliable indicator of future performance.

Source: Custodian bank and SIX Financial Information

Historic Prices

As atShare class currencyIssue priceRedemption priceNAV*
EUR100.00
EUR101.00100.00100.00
EUR100.7699.7699.76
EUR100.9499.9499.94
EUR101.02100.02100.02
EUR100.8299.8299.82
EUR100.5199.5199.51
EUR100.7899.7899.78
EUR100.8599.8599.85
EUR100.5999.5999.59
EUR100.7099.7099.70
EUR101.15100.15100.15
EUR101.80100.79100.79
EUR101.42100.42100.42
EUR101.14100.14100.14
EUR101.36100.36100.36
EUR101.82100.81100.81
EUR101.14100.14100.14
EUR101.23100.23100.23
EUR99.7798.7898.78
EUR101.23100.23100.23
EUR102.07101.06101.06
EUR102.03101.02101.02
EUR102.04101.03101.03
EUR101.67100.66100.66
EUR101.85100.84100.84
EUR101.86100.85100.85
EUR101.65100.64100.64
EUR101.75100.74100.74
EUR101.91100.90100.90
EUR102.06101.05101.05
EUR101.95100.94100.94
EUR101.76100.75100.75
EUR101.46100.46100.46
EUR100.8599.8599.85
EUR100.3399.3499.34
EUR99.9598.9698.96
EUR99.9999.0099.00
EUR98.6697.6897.68
EUR98.1997.2297.22
EUR99.7198.7298.72
EUR99.7498.7598.75
EUR98.9697.9897.98
EUR98.9397.9597.95
EUR99.6798.6898.68
EUR100.3399.3499.34
EUR101.15100.15100.15
EUR101.41100.41100.41
EUR101.52100.51100.51
EUR101.10100.10100.10
EUR101.59100.58100.58
EUR102.02101.01101.01
EUR101.85100.84100.84
EUR101.55100.54100.54
EUR101.37100.37100.37
EUR101.80100.79100.79
EUR102.17101.16101.16
EUR102.12101.11101.11
EUR102.28101.27101.27
EUR102.83101.81101.81
EUR103.21102.19102.19
EUR103.03102.01102.01
EUR103.07102.05102.05
EUR104.23103.20103.20
EUR104.26103.23103.23
EUR104.07103.04103.04
EUR104.72103.68103.68
EUR105.16104.12104.12
EUR105.05104.01104.01
EUR105.18104.14104.14
EUR104.77103.73103.73
EUR105.59104.54104.54
EUR105.91104.86104.86
EUR105.52104.48104.48
EUR105.14104.10104.10
EUR105.78104.73104.73
EUR105.78104.73104.73
EUR105.61104.56104.56
EUR105.31104.27104.27
EUR105.17104.13104.13
EUR104.86103.82103.82
EUR104.99103.95103.95
EUR104.91103.87103.87
EUR105.20104.16104.16
EUR104.76103.72103.72
EUR105.23104.19104.19
EUR105.59104.54104.54
EUR105.70104.65104.65
EUR105.42104.38104.38
EUR104.52103.49103.49
EUR104.63103.59103.59
EUR105.13104.09104.09
EUR105.22104.18104.18
EUR104.69103.65103.65
EUR104.32103.29103.29
EUR105.24104.20104.20
EUR105.59104.54104.54
EUR105.79104.74104.74
EUR106.08105.03105.03
EUR105.97104.92104.92
EUR106.29105.24105.24
EUR105.94104.89104.89
EUR105.87104.82104.82
EUR106.17105.12105.12
EUR106.26105.21105.21
EUR106.93105.87105.87
EUR106.76105.70105.70
EUR106.86105.80105.80
EUR106.94105.88105.88
EUR107.29106.23106.23
EUR107.69106.62106.62
EUR107.80106.73106.73
EUR107.89106.82106.82
EUR107.70106.63106.63
EUR108.39107.32107.32
EUR107.97106.90106.90
EUR108.34107.27107.27
EUR108.07107.00107.00
EUR108.53107.46107.46
EUR108.47107.40107.40
EUR108.73107.65107.65
EUR108.83107.75107.75
EUR108.85107.77107.77
EUR109.04107.96107.96
EUR109.79108.70108.70
EUR109.91108.82108.82
EUR110.17109.08109.08
EUR110.98109.88109.88
EUR109.97108.88108.88
EUR110.55109.46109.46
EUR110.89109.79109.79
EUR111.29110.19110.19
EUR111.40110.30110.30
EUR111.18110.08110.08
EUR111.10110.00110.00
EUR110.16109.07109.07
EUR110.81109.71109.71
EUR111.03109.93109.93
EUR110.97109.87109.87
EUR111.75110.64110.64
EUR111.08109.98109.98
EUR110.63109.53109.53
EUR110.91109.81109.81
EUR110.87109.77109.77
EUR110.92109.82109.82
EUR110.77109.67109.67
EUR111.09109.99109.99
EUR111.21110.11110.11
EUR111.63110.52110.52
EUR111.53110.43110.43
EUR111.55110.45110.45
EUR111.67110.56110.56
EUR111.92110.81110.81
EUR112.06110.95110.95
EUR112.08110.97110.97
EUR112.28111.17111.17
EUR112.45111.34111.34
EUR112.09110.98110.98
EUR112.12111.01111.01
EUR112.42111.31111.31
EUR112.66111.54111.54
EUR112.44111.33111.33
EUR112.08110.97110.97
EUR111.75110.64110.64
EUR112.13111.02111.02
EUR112.40111.29111.29
EUR112.03110.92110.92
EUR111.97110.86110.86
EUR111.78110.67110.67
EUR111.83110.72110.72
EUR112.01110.90110.90
EUR111.50110.40110.40
EUR111.27110.17110.17
EUR110.99109.89109.89
EUR110.48109.39109.39
EUR110.60109.50109.50
EUR110.58109.49109.49
EUR110.53109.44109.44
EUR110.57109.48109.48
EUR109.89108.80108.80
EUR109.23108.15108.15
EUR109.72108.63108.63
EUR110.00108.91108.91
EUR110.21109.12109.12
EUR110.06108.97108.97
EUR109.88108.79108.79
EUR108.56107.49107.49
EUR108.97107.89107.89
EUR108.74107.66107.66
EUR108.81107.73107.73
EUR108.15107.08107.08
EUR108.65107.57107.57
EUR109.04107.96107.96
EUR109.87108.78108.78
EUR109.82108.73108.73
EUR109.52108.44108.44
EUR109.49108.41108.41
EUR110.03108.94108.94
EUR110.98109.88109.88
EUR111.12110.02110.02
EUR111.29110.19110.19
EUR111.41110.31110.31
EUR111.45110.35110.35
EUR111.47110.37110.37
EUR111.67110.56110.56
EUR111.86110.75110.75
EUR112.27111.16111.16
EUR112.12111.01111.01
EUR112.13111.02111.02
EUR112.27111.16111.16
EUR112.69111.57111.57
EUR112.92111.80111.80
EUR113.49112.37112.37
EUR113.40112.28112.28
EUR113.22112.10112.10
EUR113.44112.32112.32
EUR113.87112.74112.74
EUR113.95112.82112.82
EUR114.60113.47113.47
EUR114.79113.65113.65
EUR115.46114.32114.32
EUR115.37114.23114.23
EUR114.82113.68113.68
EUR115.00113.86113.86
EUR114.40113.27113.27
EUR113.61112.49112.49
EUR114.29113.16113.16
EUR114.19113.06113.06
EUR112.15111.04111.04
EUR112.69111.57111.57
EUR111.36110.26110.26
EUR111.06109.96109.96
EUR111.14110.04110.04
EUR111.26110.16110.16
EUR112.36111.25111.25
EUR113.57112.45112.45
EUR113.10111.98111.98
EUR111.72110.61110.61
EUR111.98110.87110.87
EUR112.09110.98110.98
EUR111.50110.40110.40
EUR112.16111.05111.05
EUR112.42111.31111.31
EUR112.17111.06111.06
EUR111.01109.91109.91
EUR111.86110.75110.75
EUR112.11111.00111.00
EUR112.55111.44111.44
EUR113.13112.01112.01
EUR113.51112.39112.39
EUR113.25112.13112.13
EUR113.21112.09112.09
EUR113.45112.33112.33
EUR113.48112.36112.36
EUR112.57111.46111.46
EUR112.19111.08111.08
EUR111.59110.49110.49
EUR111.35110.25110.25
EUR111.84110.73110.73
EUR111.76110.65110.65
EUR110.86109.76109.76
EUR110.67109.57109.57
EUR110.82109.72109.72
EUR110.13109.04109.04
EUR110.50109.41109.41
EUR110.21109.12109.12
EUR109.16108.08108.08
EUR108.66107.58107.58
EUR108.31107.24107.24
EUR108.22107.15107.15
EUR108.80107.72107.72
EUR109.20108.12108.12
EUR109.90108.81108.81
EUR110.13109.04109.04
EUR110.66109.56109.56
EUR108.67107.59107.59
EUR107.98106.91106.91
EUR107.85106.78106.78
EUR108.20107.13107.13
EUR109.13108.05108.05
EUR107.94106.87106.87
EUR107.53106.47106.47
EUR107.49106.43106.43
EUR107.89106.82106.82
EUR107.93106.86106.86
EUR107.24106.18106.18
EUR106.82105.76105.76
EUR106.48105.43105.43
EUR106.09105.04105.04
EUR105.30104.26104.26
EUR106.30105.25105.25
EUR107.21106.15106.15
EUR107.22106.16106.16
EUR107.04105.98105.98
EUR107.86106.79106.79
EUR107.37106.31106.31
EUR106.98105.92105.92
EUR105.80104.75104.75
EUR105.42104.38104.38
EUR106.72105.66105.66
EUR105.81104.76104.76
EUR105.47104.43104.43
EUR105.42104.38104.38
EUR106.24105.19105.19
EUR107.72106.65106.65
EUR108.21107.14107.14
EUR109.39108.31108.31
EUR109.17108.09108.09
EUR109.93108.84108.84
EUR108.99107.91107.91
EUR109.33108.25108.25
EUR109.39108.31108.31
EUR110.00108.91108.91
EUR110.24109.15109.15
EUR109.72108.63108.63
EUR109.04107.96107.96
EUR110.07108.98108.98
EUR110.98109.88109.88
EUR110.82109.72109.72
EUR110.07108.98108.98
EUR110.24109.15109.15
EUR110.47109.38109.38
EUR109.45108.37108.37
EUR109.14108.06108.06
EUR109.75108.66108.66
EUR109.17108.09108.09
EUR109.54108.46108.46
EUR109.06107.98107.98
EUR108.12107.05107.05
EUR106.71105.65105.65
EUR107.34106.28106.28
EUR106.23105.18105.18
EUR107.03105.97105.97
EUR108.72107.64107.64
EUR107.07106.01106.01
EUR106.99105.93105.93
EUR106.82105.76105.76
EUR107.73106.66106.66
EUR105.90104.85104.85
EUR102.87101.85101.85
EUR102.91101.89101.89
EUR102.67101.65101.65
EUR103.37102.35102.35
EUR104.45103.42103.42
EUR104.22103.19103.19
EUR104.31103.28103.28
EUR102.40101.39101.39
EUR102.06101.05101.05
EUR102.56101.54101.54
EUR102.83101.81101.81
EUR101.65100.64100.64
EUR102.76101.74101.74
EUR104.21103.18103.18
EUR104.05103.02103.02
EUR103.96102.93102.93
EUR103.27102.25102.25
EUR104.42103.39103.39
EUR103.71102.68102.68
EUR104.06103.03103.03
EUR103.31102.29102.29
EUR102.37101.36101.36
EUR101.22100.22100.22
EUR99.5198.5298.52
EUR98.8797.8997.89
EUR99.7998.8098.80
EUR98.1497.1797.17
EUR98.5297.5497.54
EUR98.3097.3397.33
EUR98.9497.9697.96
EUR100.2699.2799.27
EUR102.22101.21101.21
EUR101.64100.63100.63
EUR100.6599.6599.65
EUR100.7899.7899.78
EUR100.2199.2299.22

Opportunities

  • Flexible investment policy without benchmarking.
  • Risk is broadly diversified by investing in a range of asset classes (e.g. equities, bonds, convertible bonds, and precious metals (indirect)). Market potential can be exploited by investing across a wide range.
  • Investing in assets denominated in a foreign currency can have a positive impact on unit values as a result of exchange-rate movements.
  • Derivatives can be used to increase potential yields.
  • Precious metals (indirect) (e.g. in the form of gold) can be used to increase potential yields.

Risks

  • Market risks: the securities in which the Management Company invests the sub-fund assets present opportunities for gain but also the possibility of risk. The ESG criteria restrict the selection of target investments in terms of category and number, sometimes considerably. If a sub-fund invests directly or indirectly in securities and other assets, it is subject to many general trends and tendencies on the markets, which are sometimes attributable to irrational factors, particularly on the securities markets. Losses can occur when the market value of the assets decreases against the cost price. If a unit holder disposes of units in a sub-fund at a time when the quoted price of the sub-fund assets is less than at the time of investment, then the unit holder will not recover the full value of the investment. While each sub-fund constantly strives to achieve growth, growth cannot be guaranteed. The risk exposure of the investor is, however, limited to the sum invested. There is no obligation to make additional capital contributions beyond investors' investments.
  • Currency risks: if a sub-fund holds assets which are denominated in foreign currencies, it shall be subject to currency risk. In the event of a devaluation of the foreign currency against the reference currency of the sub-fund, the value of the assets held in foreign currencies shall fall.
  • Credit risks: the fund may invest part of its assets in bonds. The issuers of these bonds could become insolvent, causing the bonds to lose some or all of their value.
  • Interest-change risks: investing in securities at a fixed rate of interest is connected with the possibility that the current interest rate at the time of issuance of a security could change. If the current interest rate increases as against the interest at the time of issue, fixed-rate securities will generally decrease in value. Conversely, if the current interest rate falls, fixed-rate securities will increase.
  • Risks relating to the use of derivatives: the fund may enter into derivative transactions for the purposes listed in the KIID and the sales prospectus. This means increased opportunities, but also increased risk of losses. The use of derivatives to hedge against losses may also reduce the profit opportunities of the fund.
  • Risks of precious metals and commodities: precious metals and commodities may be subject to greater price fluctuations. Trading prices may also fall.