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Main information

Fund name Leadersel Dynamic
Benchmark In relation to the purpose of the fund it is not possible to identify a benchmark representative of the investment policy.
Category Flexible fund
Legal structure Luxembourg umbrella mutual fund
Currency Euro

Legal information

Depository bank Caceis Bank, Luxembourg branch
Audit firm EY
How to subscribe it

The Funds managed by Ersel Gestion Internationale S.A. can be subscribed by sending an order to the Transfer Agent and Custodian Bank of the Fund. Investor Services Team:

  • Email address: fds-investor-services@caceis.com
  • Phone number: 00 352 47 67 5999
  • Fax number: 00 352 47 67 70 37 - Business hours: 9 a.m. to 6 p.m. CET
  • Languages: Inglese, French, Spanish, Italian, German, Dutch 

For institutional investors the orders can also be transmitted through the following distributors: Allfunds Bank, Mfex, Fund Channel.

NAV calculation frequency Daily
Fund units publication Fundsquare.net

Fund ticker

ISIN code LU0904227583
Bloomberg LEADYNA:LX

Charges

Entry charge None
Exit charge None
Maximum management fees Max 1.5% on an annual basis
Performance fee None
Minimum amount of the first subscription 2.500 euro
Minimum amount of subsequent subscriptions None

During October, equity markets experienced increased volatility, in an environment mainly driven by two key themes: rising interest rates and developments surrounding Artificial Intelligence.

Monthly comment from the manager

Following the strong performance of previous months, stocks with greater exposure to the AI investment cycle underwent a correction, reflecting growing investor scrutiny over the sustainability of the high levels of growth and profitability achieved by the sector. At the same time, the global macroeconomic backdrop remained broadly resilient. AI-related investment continues to provide significant support to the economic cycle, contributing to the resilience of economic activity, particularly in the United States and Asia.

The earnings season also delivered broadly constructive signals, with the technology sector remaining one of the key contributors to earnings growth in the United States. From a macro-financial perspective, rising bond yields represented an additional source of attention for equity markets. In the United States, however, higher interest rates have so far not resulted in a significant tightening of financial conditions, also supported by resilient economic growth and the solid performance of risk assets.

Overall, October was therefore characterised by greater investor selectivity and increased sensitivity to valuations, without materially altering a fundamental backdrop that remains supported by economic resilience and still-favourable corporate earnings dynamics. During the month, we maintained full equity exposure while adjusting the composition of the portfolio through passive instruments with a greater bias towards the Momentum, Quality and Low Volatility factors.

Factsheet

Document Date of the document Download
Monthly report 16/10/2026 PDF get_app

Offer documents

Document Date of the document Download
KID 02/03/2026 PDF get_app
Management rules 25/01/2013 PDF get_app
Prospectus 01/10/2026 PDF get_app

Semi-annual reports

Document Date of the document Download
Semi annual report 30/06/2026 PDF get_app

Annual reports

Document Date of the document Download
Annual report 31/12/2025 PDF get_app

Notice

Document Date of the document Download
Investor notice - Reduction of management fee and introduction of a performance fee 30/09/2026 PDF get_app
Risk level
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Rating
Morningstar star star star star star

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