Winner of Thomson Reuters Lipper Fund Award 2017 Best Fund Over 3 Years "Equity Europe"

Investment Objective

The Investment Objective of Hermes Luxembourgish UCITS is to achieve long-term appreciation principally through value investing mainly in the major equity markets. There is no guarantee that Hermes will achieve its investment objectives.

Hermes may also retain amounts in cash or cash equivalents if it is considered appropriate to achieve the investment objective, including, without limitation, during portfolio rebalancing.

 

Investment Policy and Specific Restrictions

Hermes will achieve its investment objective by investing most of its assets in securities quoted on major exchanges. These may include investments in equities, fixed income (including up to 10% in contingent convertible securities and excluding distressed and defaulted securities), exchange traded funds, UCITS and other UCIs in accordance with article 41(1)(e) of the 2010 Law.

The Management Company employs an active bottom-up style of management by researching, studying and selecting individual stocks based on the principles of value investing with a specific focus on (but not limited to) small and mid-cap European listed equities. Hermes is not referenced to any Benchmark and does not have any target geographical or industrial sectors.

The Management Company may use financial derivative instruments for investment purposes and for the purposes of efficient portfolio management, to take indirectly exposure in equities and other transferable securities giving or capable of giving, directly or indirectly, access to capital or voting rights, traded on Eurozone and/or international markets such as North America, provided that such investment will be made in accordance with the investment restrictions and limits set out in the general part of the Prospectus and this Supplement.

Financial derivative instruments utilised by Hermes may include, but are not limited to, exchange listed futures, exchange listed options and FX Forwards amongst other financial derivative instruments. This action carries risks for the possibility that the coverage is not perfect and for the leverage involved.

 

Fund Information

Inception DateBase Currency
5th November 2011Euro (€)

Fund Identifiers - Class B Institutional

Bloomberg   ISIN
HERLINB:LXLU2169798001

Fund Identifiers - Class B Retail

BloombergISIN
HERLNBR:LXLU2169797961

Investment Minimums

Initial InvestmentSubsequent Investment
 €15,000N/A 

Account  Features

Valuation DayShare Offer
Every Business DayUp to 100,000 shares

HERMES CLASS B FUND PERFORMANCE SINCE INCEPTION

Date5/31/20116/30/20119/30/201112/30/20113/30/20126/28/20129/28/201212/31/20123/28/20136/28/20139/30/201312/31/20133/28/20146/30/20149/30/201412/31/20143/30/20156/30/20159/30/201512/31/20153/30/20166/30/20169/30/201612/30/20163/30/20176/30/20179/29/201712/29/20173/29/20186/28/20189/28/201812/31/20183/29/20196/28/20199/30/201912/31/20193/30/20206/30/20209/30/202012/31/20203/31/202106/30/202109/30/2021
Hermes Price Class B Institutional€ 1,002.840€ 969.120€ 848.176€ 844.533€ 902.790€ 814.077€ 867.080€ 888.722€ 943.330€ 923.393€ 962.157€ 1,018.420€ 1,107.230€ 1,138.449€ 1,059.972€ 1,070.635€ 1,347.113€ 1,337.315€ 1,250.500€ 1,388.555€ 1,316.650€ 1,294.766€ 1,365.714€ 1,552.635€ 1,847.134€ 1,986.414€ 2,140.177€ 2,135.818€ 1,974.306€ 1,925.292€ 1,923.801€ 1,683.942€ 1,889.876€ 1,929.980€ 1,858.823€ 1,990.746€ 1,402.941€ 1,632.638€ 1,666.275€ 1,944.480€ 2,232.362€2,427.541€2,541.255
Hermes Price Class B Retail€ 1,002.840€ 969.120€ 848.176€ 844.533€ 902.790€ 814.077€ 867.080€ 888.722€ 943.330€ 923.393€ 962.157€ 1,018.420€ 1,107.230€ 1,138.449€ 1,059.972€ 1,070.635€ 1,347.113€ 1,337.315€ 1,250.500€ 1,388.555€ 1,316.650€ 1,294.766€ 1,365.714€ 1,552.635€ 1,847.134€ 1,986.414€ 2,140.177€ 2,135.818€ 1,974.306€ 1,925.292€ 1,923.801€ 1,683.942€ 1,889.876€ 1,929.980€ 1,858.823€ 1,990.746€ 1,402.941€ 1,632.638€ 1,666.275€ 1,944.400€ 2,232.040€2,426.942€2,540.375

Monthly Performance

 20212020201920182017201620152014201320122011
JAN0.64% ⇧-2.84% ⇩7.24% ⇧1.90% ⇧3.52% -7.83% 9.80% 1.07% 3.80%     5.20%  
FEB7.73% ⇧-8.06% ⇩2.22% ⇧-5.04% 4.61% -0.99% 7.71% 4.14% 2.44% 1.99%  
MAR5.88% ⇧-21.10% ⇩2.38% -4.47% 9.86% 3.91% 6.38% 3.30% -0.18% -0.37%  
APR3.18% ⇧10.06% 3.88% 2.00% 6.93% 1.47% -1.38% 0.53% -1.37% -0.71%  
MAY4.91% ⇧4.00% -5.26% 1.05% 4.39% 2.63% 2.77% 2.18% 2.50% -7.08%     0.28% 
JUN0.45% ⇧1.67% 3.77% -5.39% -3.66% -5.57% -2.04% 0.10% -3.18% -2.27% -3.36%
JUL1.23% ⇧-2.49% ⇩-2.64% 2.51% 2.88% 4.41% 3.29% -2.72% 0.79% 2.05% -1.08%
AUG6.19% ⇧5.96% -3.25% -0.83% 0.43% 0.57% -5.10% -0.75% -0.21% 0.71% -2.95%
SEP-2.62% ⇩-1.22% ⇩2.25% -1.71% 4.28% 0.96% -4.60% -3.56% 3.60% 3.63% -8.83%
OCT -5.34% ⇩-0.17% ⇩-5.85% 0.78% 4.43% 8.56% -2.49% 2.95% 0.24% 3.90% 
NOV  19.58% 5.60% -3.66% -3.42% -0.01% 3.03% 1.99% 0.83% -0.28% -4.76%
DEC 3.09% 1.60% -3.50% 2.53% 8.88% 0.41% 1.56% 3.30% 2.54% 0.63% 
Total30.69% ⇧-2.32% 18.22% ⇧-21.16% 37.56% 11.82% 29.70% 5.13% 14.59% 5.23% -15.55%
Since
Inception
154.13% ⇧94.45% 99.07% ⇧ 68.39% ⇧113.58% 55.26% 38.86% 7.06% 1.84% -11.13% -15.55%
Management FeePerformance FeeExit Fee
2% p.a0%0%

FUND ADMINISTRATOR

RBC Investor Services Bank SA

CUSTODIAN

RBC Investor Services Bank SA

AUDITORS

Deloitte Audit Ltd, Luxembourg

INVESTMENT MANAGER

Praude Asset Management Limited

 

Information

For more information about the fund please contact us as follows:

Tel:         +356 2137 4313

Email:     clients@praude.com.mt

PAM strongly suggests that the investor should carefully consider the Fund’s investment objectives, risk factors, fees and eligibility before taking any investment decision. All relevant information can be found in the Fund’s Prospectus and Offering Supplement, which may be obtained by contacting the administrators of the Fund who should provide you with a copy of the offering documents of the Fund. Investors should read all the official documentation carefully before investing. Investing involves risk, including the possible loss of principal.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy or product made reference to directly or indirectly on this website will be profitable or equal to corresponding indicated performance levels. Different types of investments involve varying degrees of risk. No client or prospective client should assume that any information presented and/or made available on this website serves as a substitute for personalized individual advice.

PRAUDE ASSET MANAGEMENT LTD IS AUTHORISED AND REGULATED BY THE MALTA FINANCIAL SERVICES AUTHORITY TO PROVIDE INVESTMENT SERVICES AND TO HOLD AND CONTROL CLIENTS' MONEY AND ASSETS.

THE CONTENTS OF THIS WEBSITE, AND THE DOCUMENTS UPLOADED THERETO, DO NOT CONSTITUTE, AND SHOULD NOT BE CONSTRUED AS CONSTITUTING, INVESTMENT ADVICE. YOU SHOULD NOTE THAT YOUR DECISION AS TO WHETHER TO INVEST IN ANY OF THE COLLECTIVE INVESTMENT SCHEMES MENTIONED ON THIS WEBSITE AND/OR TO AVAIL OF OUR INVESTMENT SERVICES, MAY HAVE LEGAL, FINANICAL AND/OR TAX IMPLICATIONS FOR YOU. YOU ARE URGED TO SEEK INDEPENDENT LEGAL, FINANCIAL AND/OR TAX ADVICE BEFORE INVESTING. PRAUDE ASSET MANAGEMENT LIMITED AND THE COLLECTIVE INVESTMENT SCHEMES IT MANAGES DO NOT HAVE, AND WILL NOT ACCEPT, ANY LIABILITY TO YOU IF, AMONGST OTHERS, YOU BREACH ANY LAW OR REGULATION BY INVESTING AND/OR YOU LOSE MONEY BY INVESTING.