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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

The month of June 2026 outlined a complex yet generally positive global financial scenario for equity markets, driven by the interplay between geopolitical and energy dynamics and the vigorous development of artificial intelligence.

Monthly comment from the manager

The first part of the month was characterized by severe tensions in the Middle East, with the closure of the Strait of Hormuz keeping oil prices high and fueling inflationary pressures, particularly in Europe. Conversely, the United States showed greater resilience thanks to solid productivity gains that allowed the Federal Reserve to maintain a wait-and-see stance, while the ECB preserved a gradual approach despite anticipating further rate hikes. Subsequently, signs of geopolitical detente and the initial reopening of the strait led to a decline in crude oil, easing pressure on industrial costs.

The true engine of the stock markets was the AI-related technology sector, which also acted as an accelerator for emerging Asian economies. The massive flow of investments into infrastructure, semiconductors, hardware, and major cloud service providers (hyperscalers) pushed markets toward all-time highs. However, heavy crowding and a strong concentration of performance generated volatility and dispersion within the tech sector, leaving it highly sensitive to news regarding investment returns and supply chain costs, such as the rising prices of chips and memory.

The drop in energy prices and the easing of cost pressures in the second half of the month favored a broadening of performance into other sectors that had previously lagged behind. This led to a recovery in segments related to consumer goods, industry, and the financial sector, with European banks benefiting indirectly from the improved macroeconomic outlook. With a view toward diversification, we paired derivative-based hedging strategies with certain defensive or decorrelated sectors, such as healthcare.

Factsheet

Document Date of the document Download
Monthly report 12/06/2026 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 06/05/2026 PDF get_app

Semi-annual reports

Document Date of the document Download
Semi annual report 30/06/2025 PDF get_app
Semi annual report CH 30/06/2024 PDF get_app

Annual reports

Document Date of the document Download
Annual report 31/12/2025 PDF get_app
Annual Report CH 31/12/2023 PDF get_app
Risk level
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Rating
Morningstar star star star star star

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