Flossbach von Storch - Dividend IT

Flossbach von Storch - Dividend is a globally diversified equity fund with an active investment approach. It focuses on top-quality companies with an attractive dividend profile. Not only the dividend yield, but also the reliability of dividend and dividend upside potential are important. When selecting individual stocks, the fund management employs the CaRat (cash-flow rating) valuation model, a rating system developed in-house. The cash flows that the company is expected to generate on a sustainable basis are considered in relation to the total value of the company. This provides an indication of whether or not a company has an attractive stock market valuation. At least 75% of the fund’s assets are invested directly in equities. In addition, the fund may also invest in share certificates, equity index certificates, as well as bonds, fixed-term deposits and target funds. The sub-fund is actively managed. The fund manager determines, regularly reviews and, if necessary, adjusts the composition of the portfolio exclusively in accordance with the criteria specified in the investment policy. The sub-fund is not managed in reference to a index.


WKN:A2QQ1B
ISIN:LU2312730000
Authorised for distribution:AT, CH, DE, IT, LI, LU
Fund type / legal structure:UCITS / FCP
Domicile:Luxemburg
Fund currency:EUR
Launch date:15 March 2021
Financial year end:30 September
Income utilisation:Accumulating
Management company:Flossbach von Storch Invest S.A.
Custodian bank / Paying agent:DZ PRIVATBANK S.A.
Manager:Flossbach von Storch AG
Data from:27 January 2022
Fund assets:658.641.551,07 EUR
NIW:114.80 EUR
Redemption price:114.80 EUR
Issue price*:120.54 EUR
Ongoing charges:0.80%
which includes a management fee of:0.68%
Performance fee:
Issue surcharge:up to 5.00%

* incl. max. issue surcharge 5.00%

Source: Custodian bank / Paying agent

In accordance with regulatory requirements, we are not permitted to provide performance figures for this fund, as it has been active for less than a year.

Historic Prices

As atShare class currencyIssue priceRedemption priceNAV*
EUR100.00
EUR105.77100.73100.73
EUR106.08101.03101.03
EUR105.95100.90100.90
EUR105.01100.01100.01
EUR104.7099.7199.71
EUR105.35100.33100.33
EUR105.64100.61100.61
EUR105.62100.59100.59
EUR105.97100.92100.92
EUR107.53102.41102.41
EUR108.14102.99102.99
EUR107.55102.43102.43
EUR107.61102.49102.49
EUR108.99103.80103.80
EUR108.61103.44103.44
EUR107.98102.84102.84
EUR108.84103.66103.66
EUR109.49104.28104.28
EUR109.22104.02104.02
EUR109.45104.24104.24
EUR108.95103.76103.76
EUR110.22104.97104.97
EUR110.63105.36105.36
EUR109.69104.47104.47
EUR108.44103.28103.28
EUR109.66104.44104.44
EUR109.81104.58104.58
EUR109.96104.72104.72
EUR109.60104.38104.38
EUR109.62104.40104.40
EUR109.55104.33104.33
EUR109.74104.51104.51
EUR109.70104.48104.48
EUR109.89104.66104.66
EUR109.65104.43104.43
EUR110.02104.78104.78
EUR109.96104.72104.72
EUR109.94104.70104.70
EUR109.36104.15104.15
EUR108.27103.11103.11
EUR108.47103.30103.30
EUR109.05103.86103.86
EUR108.99103.80103.80
EUR108.12102.97102.97
EUR107.66102.53102.53
EUR108.68103.50103.50
EUR109.43104.22104.22
EUR109.02103.83103.83
EUR109.07103.88103.88
EUR108.94103.75103.75
EUR109.38104.17104.17
EUR109.01103.82103.82
EUR108.63103.46103.46
EUR109.20104.00104.00
EUR109.55104.33104.33
EUR109.96104.72104.72
EUR109.60104.38104.38
EUR109.68104.46104.46
EUR109.83104.60104.60
EUR110.48105.22105.22
EUR111.21105.91105.91
EUR111.51106.20106.20
EUR111.46106.15106.15
EUR110.84105.56105.56
EUR112.48107.12107.12
EUR111.70106.38106.38
EUR112.41107.06107.06
EUR112.40107.05107.05
EUR113.15107.76107.76
EUR113.60108.19108.19
EUR113.68108.27108.27
EUR113.91108.49108.49
EUR114.10108.67108.67
EUR114.60109.14109.14
EUR115.27109.78109.78
EUR115.27109.78109.78
EUR115.31109.82109.82
EUR116.09110.56110.56
EUR114.86109.39109.39
EUR115.58110.08110.08
EUR116.01110.49110.49
EUR116.46110.91110.91
EUR116.94111.37111.37
EUR116.85111.29111.29
EUR116.71111.15111.15
EUR114.71109.25109.25
EUR115.70110.19110.19
EUR116.16110.63110.63
EUR116.38110.84110.84
EUR117.50111.90111.90
EUR116.66111.10111.10
EUR116.20110.67110.67
EUR116.81111.25111.25
EUR116.83111.27111.27
EUR116.69111.13111.13
EUR115.90110.38110.38
EUR116.56111.01111.01
EUR116.37110.83110.83
EUR117.16111.58111.58
EUR117.61112.01112.01
EUR117.88112.27112.27
EUR118.07112.45112.45
EUR118.23112.60112.60
EUR118.37112.73112.73
EUR118.02112.40112.40
EUR118.16112.53112.53
EUR118.71113.06113.06
EUR117.25111.67111.67
EUR117.34111.75111.75
EUR118.09112.47112.47
EUR118.55112.90112.90
EUR118.07112.45112.45
EUR117.96112.34112.34
EUR117.47111.88111.88
EUR117.85112.24112.24
EUR118.48112.84112.84
EUR118.15112.52112.52
EUR118.14112.51112.51
EUR118.13112.50112.50
EUR118.16112.53112.53
EUR118.62112.97112.97
EUR118.24112.61112.61
EUR118.19112.56112.56
EUR117.68112.08112.08
EUR116.96111.39111.39
EUR116.95111.38111.38
EUR116.54110.99110.99
EUR117.03111.46111.46
EUR117.46111.87111.87
EUR116.74111.18111.18
EUR115.61110.10110.10
EUR115.95110.43110.43
EUR116.56111.01111.01
EUR117.56111.96111.96
EUR117.66112.06112.06
EUR117.38111.79111.79
EUR115.31109.82109.82
EUR116.08110.55110.55
EUR114.93109.46109.46
EUR115.48109.98109.98
EUR114.15108.71108.71
EUR115.07109.59109.59
EUR115.97110.45110.45
EUR116.84111.28111.28
EUR116.84111.28111.28
EUR116.18110.65110.65
EUR116.30110.76110.76
EUR116.81111.25111.25
EUR118.49112.85112.85
EUR119.30113.62113.62
EUR119.57113.88113.88
EUR120.12114.40114.40
EUR120.24114.51114.51
EUR120.53114.79114.79
EUR121.02115.26115.26
EUR121.39115.61115.61
EUR121.82116.02116.02
EUR120.72114.97114.97
EUR120.33114.60114.60
EUR120.59114.85114.85
EUR121.12115.35115.35
EUR121.49115.70115.70
EUR122.07116.26116.26
EUR122.07116.26116.26
EUR122.07116.26116.26
EUR122.28116.46116.46
EUR122.67116.83116.83
EUR122.91117.06117.06
EUR124.11118.20118.20
EUR124.62118.69118.69
EUR125.98119.98119.98
EUR125.82119.83119.83
EUR124.95119.00119.00
EUR125.70119.71119.71
EUR125.17119.21119.21
EUR124.72118.78118.78
EUR125.65119.67119.67
EUR125.55119.57119.57
EUR122.26116.44116.44
EUR123.57117.69117.69
EUR121.50115.71115.71
EUR120.91115.15115.15
EUR121.89116.09116.09
EUR121.85116.05116.05
EUR123.42117.54117.54
EUR125.34119.37119.37
EUR124.89118.94118.94
EUR124.95119.00119.00
EUR125.65119.67119.67
EUR125.76119.77119.77
EUR124.62118.69118.69
EUR126.00120.00120.00
EUR125.95119.95119.95
EUR124.75118.81118.81
EUR123.11117.25117.25
EUR125.04119.09119.09
EUR125.93119.93119.93
EUR126.30120.29120.29
EUR127.56121.49121.49
EUR127.89121.80121.80
EUR127.76121.68121.68
EUR127.59121.51121.51
EUR127.77121.69121.69
EUR127.58121.50121.50
EUR126.44120.42120.42
EUR126.21120.20120.20
EUR125.29119.32119.32
EUR124.92118.97118.97
EUR125.67119.69119.69
EUR125.51119.53119.53
EUR124.08118.17118.17
EUR123.73117.84117.84
EUR123.93118.03118.03
EUR123.46117.58117.58
EUR123.81117.91117.91
EUR123.10117.24117.24
EUR121.79115.99115.99
EUR121.45115.67115.67
EUR121.01115.25115.25

Opportunities

  • These funds aim to exploit growth opportunities on global equity markets.
  • 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.
  • Potential to achieve above-average dividend income.

Risks

  • Equity markets and thus also unit values can experience severe fluctuations in response to market developments. The result can be a fall in the trading price.
  • Investing in assets denominated in a foreign currency can have a negative impact on unit values as a result of exchange rate movements.
  • Where used, derivatives can have a greater negative impact on the fund value than would be the case if the assets were acquired directly. This can affect the fund’s risk profile and volatility (tendency for the price to fluctuate).
  • If dividends are reduced or not paid out at all, this can have a negative impact on investment returns.
  • By hedging currency risks, the fund share value may be adversely affected.

*Performance in the years 2012 to 2021 was simulated using the performance of share class I (LU0831568646) of sub-fund Flossbach von Storch - Dividend. The simulation took account of any differences in remuneration structure. Share class I and share class IT have the same investment policy. Thus, there may be deviations between the redemption price and the NAV up to and including the calendar year of the issue.

Morningstar Rating™ overall: © (2022) Morningstar Inc. All rights reserved. The information contained herein: (1) is protected by copyright for Morningstar and / or its content providers; (2) may not be copied or distributed, and (3) is not guaranteed with regard to its accuracy, completeness, or timeliness. Neither Morningstar nor its content providers are liable for any damages or losses that may result from the use of this information. Ratings refer to the previous month. Status: 

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The English translation is only for the purpose of convenience.

The use of the institutional investors page of Flossbach by Storch is only permitted for institutional investors. The information provided in this area will be treated confidentially and is only intended for authorised third parties. The obligation to maintain confidentiality does not apply to information that is generally accessible.

The information contained in the website from Flossbach von Storch AG is intended solely for German investors whose residence, registered office or centre of administration is in Germany. The information contained herein is not intended for publication, use or distribution by any person in a country in which a fund is not authorised for distribution. In particular, the shares of this fund may therefore not be offered for sale or sold within the United States of America (USA), to or on behalf of US citizens, or to or on behalf of US persons residing in the USA. The content shown is for informational purposes only. In particular, it does not constitute an offer to sell, purchase or subscribe to other assets. In the event that a person, whose residence or office is located abroad, is able to access the website of Flossbach von Storch AG and the information contained within, Flossbach von Storch AG does not accept any guarantee or liability that the information contained complies with the relevant applicable legal provisions of the respective country.