||Leadersel Gaflex Class B
||Luxembourg umbrella mutual fund
This Fund is actively managed and aims to achieve capital growth by investing in different classes of international transferable securities. The Fund has no reference Benchmark. The Fund may invest up to 100% in transferable securities, such as fixed and floating rate debt securities, bonds, debenture notes, commercial papers, convertible bonds, with no duration, rating, issuer countries or currency constraints; directly or through investments in undertakings for collective investments in transferable securities (UCITS) authorised pursuant to UCITS Directive and/or other UCIs within the meaning of Article 1, paragraph 2, first and second indent of said Directive. The Fund will not invest more than 80% of its net assets in equity and in equity linked securities, including UCITSs and/or UCIs, that have a policy of investing mainly in equity and equity linked derivatives. The investment in UCITS may include UCITS ETFs. The Fund may also invest up to 15% in Cocos Bonds; 40% Non investment grade or High Yield, including 10% Distressed Securities; 10% CAT Bonds (via UCITSs and or UCIs); 15% Delta One Securities; 10% Real estate (via UCITS and/or UCIs); 35% in aggregate in ETNs or ETCs. The Fund may hold cash (i.e. bank deposits at sight) but not more than 20% of its total net assets, except under exceptionally unfavourable conditions and on a temporary basis. The Fund may use financial techniques and instruments in order to promote an efficient portfolio management, in accordance with the restrictions set forth in the “Financial techniques and instruments” chapter of the prospectus. The Fund will neither invest in Asset Backed Securities (“ABS”), nor in Mortgage Backed Securities (“MBS”). Nevertheless, indirect exposure limited to a residual part of the assets of the Fund may occur from the investment in the eligible UCITSs and/or UCIs. The Fund may use SFT. The Fund takes into account the sustainability risks in its investment decisions as defined and described in the Chapter ESG CRITERIA AND SUSTAINABILITY RISKS. This Fund qualifies as an "Article 6" financial product for the purposes of Regulation UE 2019/2088 on Sustainable Finance Disclosure Regulation (‘SFDR’). The Fund also takes into account ESG criteria in the manner described in the same Chapter, section "General approach to ESG
criteria and sustainability risks". Nevertheless, the investments underlying this Fund do not take into consideration the enviromental objectives as defined by Regulation 2020/852 (EU Taxonomy) for environmentally sustainable economic activities. Any income received by the Fund is reinvested. The reference currency of the Fund is the Euro. The Class B is quoted in Euro. Investors can buy or sell shares of the Fund on a daily basis (full bank business day).
||Caceis Bank, Luxembourg Branch
|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: firstname.lastname@example.org
- 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
|Fund units publication
|Maximum management fees
||0.95% on an annual basis
||Maximum rate of 10% according to the High Watermark combined with Hurdle rate method.
|Minimum amount of the first subscription
|Minimum amount of subsequent subscriptions