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Main information

Fund name Leadersel Emerging Market Multimanager
Category Emerging countries equity fund
Legal structure Luxembourg umbrella mutual fund
Currency Euro

Investment policy

The Fund aims to maximise the invested capital. In order to achieve the above said aims the Fund invests mainly in Undertakings for Collective Investments in Transferable Securities (UCITS) and/or other Undertakings for Collective Investments (UCIs), with a policy of investing mainly in a widely diversified portfolio of shares from emerging countries. In order to achieve the above aims the Fund can use derivatives not only for hedging purposes. The Fund's investment decisions are made on a discretionary basis. Any income received by the Fund is reinvested. The Fund's value is calculated and expressed in Euros. The investor can buy or sell shares of the Fund on a weekly basis, each Friday, or next full banking day.

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 6759 99
  • 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 LU0229830756
Bloomberg ESGEMKT LX

Charges

Entry charge None
Exit charge None
Maximum management fees 1,5% on an annual basis
Performance fee Calculated quarterly on 20% of the positive difference between the net return of the Fund and its reference index: 5% Merrill Lynch Euro Government Bill Index and 95% MSCI Emerging Market Index.
Minimum amount of the first subscription 2.500 euro
Minimum amount of subsequent subscriptions 250 euro

Performance

Period NAV Fund Benchmark
- - - -
* Average annual compound yield
NOTE: Before subscribing, read the informative prospectus. There is no guarantee of obtaining the same return afterwards.

Graphic trend

Summary table

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Benchmark - - - -
1 year 3 years 5 years 10 years
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Annual chart

In February, emerging equity markets continued the upward trend that began at the end of last year, recording a clear outperformance relative to developed market indices.

Monthly comment from the manager

Once again, the main contribution came from Taiwan and, above all, South Korea, supported by their strong exposure to the semiconductor sector, one of the main beneficiaries of the substantial investments in artificial intelligence by major U.S. tech companies. Korean export data continued to show robust momentum, confirming the strength of the semiconductor cycle and AI-related demand, from which Korea and Taiwan remain among the main beneficiaries, with positive spillovers across the broader emerging market universe. China, on the other hand, continued to experience weakness, weighed down by the technology sector and persistent deflationary pressure.

In this context, Leadersel Emerging Market Multimanager closed the month in positive territory, although it posted a return below that of the benchmark index. In relative terms, performance was mainly affected by fund selection within the Asian region: the positive contribution of the largest portfolio position, which has strong exposure to the Korean market, was not enough to offset the negative impact of exposure to China, particularly the ETF focused on Chinese internet companies.

Among the most relevant transactions during the period was the addition of Samsung Electronics to the portfolio with a 1.5% weight, aimed at reducing the underweight in a stock, and more broadly in a sector, semiconductors, to which the Fund had limited exposure through the selected managers. Overall, the Fund maintains a preference for value strategies and a bottom-up approach focused on company fundamentals, which we believe is particularly appropriate in the current market phase characterized by high uncertainty.

Factsheet

Document Date of the document Download
Monthly report 18/02/2026 PDF get_app

Offer documents

Document Date of the document Download
KID 03/03/2025 PDF get_app
Management rules 05/02/2019 PDF get_app
Prospectus 15/12/2025 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 31/12/2024 PDF get_app
Annual Report CH 31/12/2023 PDF get_app

Notice

Document Date of the document Download
Notice to unitholders 16/05/2024 PDF get_app
Leadersel Emerging Market Multimanger change of investment manager 09/11/2023 PDF get_app
Fund manager
Corrado Ciavattini
Responsabile Area Multimanager
Management team
Management team
Risk level
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Rating
Morningstar star star star star star
CFS Rating star star star star star

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