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TCSETendercapital Secular Euro
This is a Euro denominated fund which invests primarily in European equities and provides the Client with the means of gaining exposure to the potential upside of equity markets over the medium term. The investment manager selects undervalued themes highlighted by a top-down quantitative secular analysis which then focuses on a single company and its future economic prospects, emphasizing European companies with business activities in foreign markets. The portfolio is carefully constructed piecemeal through a rigorous top-down analysis of the future demographic trends and the socio-economic-healthcare developments.
Achieve a positive annual return with a medium risk profile.
The positive phase for the global equity market continued in June, with the steady overperformance of cyclical sectors driving European stock exchanges. During the month, the fund maintained a broad diversification, with 65 securities in portfolio. The fund’s overexposure to Utilities boosted the portfolio’s overall performance since it was the only defensive sector to overperform the market. We remain overexposed to Tech as we continue to lean towards defensive themes overall, with a preference for F&B and Utilities. There were no significant movements with respect the individual positions in the top ten 10 holdings. During the month, the fund maintained reduced exposure to the market through a long cash position. The largest ten securities accounted for 26% of the portfolio. The Big Data Analytics theme is the fund’s top strategy, with a weight of 22.6%.
Europe Large-Cap Blend Equity
ISIN Code Share Class: SECULAR EURO RETAIL ACC SHARE CLASS
ISIN Code: IE00B8XC4845
Consult Monthly Factsheet
ISIN Code Share Class: SECULAR EURO INSTITUTIONAL ACC AI SHARE CLASS
ISIN Code: IE00B8XCNZ43
DISTRIBUTION Ireland, United Kingdom, Italy, Switzerland
The KIID (Key Investment Information Document) provides you with key investor information about the funds.
The information is required by law to help you understand the nature and the risks of investing in this fund.
You are advised to read it so you can make an informed decision about whether to invest.
Please select just the KIID(s) related to your country of residence.
- FUND NAME
- Tendercapital Secular Euro
- CLASS
- Retail
- WKN
- A1W3HE
- ISIN
- IE00B8XC4845
- NAV DATE
- 11-08-2020
- NAV PRICE
- 5.713
- NAV %
- 0.67
- FUND NAME
- Tendercapital Secular Euro
- CLASS
- Institutional
- WKN
- A1W3HH
- ISIN
- IE00B8XCNZ43
- NAV DATE
- 11-08-2020
- NAV PRICE
- 6.167
- NAV %
- 0.669
Funds Documents
Full Prospectus
[1] Distributors marked with [1] act as sub-distributors on behalf of Allfunds Bank S.A., which serves as primary distributor (without exclusive agreement) of Tendercapital Funds plc’s shares in Italy, with option to make use of sub-distributors.
[2] Distributors marked with [2] act as sub-distributors on behalf of Online Sim SpA, which serves as primary distributor (without exclusive agreement) of Tendercapital Funds plc’s shares in Italy, with option to make use of sub-distributors.