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Main information

Fund name Leadersel Global Equity Walter Scott & Partners Class RH
Benchmark 100% MSCI World Index (MXWOHEUR)
Category International equity fund
Legal structure Mutual Fund under Luxembourg Law with multiple Sub-funds
Currency Euro

Investment object

The investment objective of the Sub-Fund is to achieve long-term capital appreciation through investments primarily in a diversified portfolio of equity and equity-related securities issued by companies worldwide.

Investment policy

This Sub-Fund will invest mainly (i.e. at least 75% of its net asset value) in equities and equity-related instruments across all market capitalisations and sectors, without any predetermined regional allocation. The portfolio will, however, typically exhibit a bias towards high-quality mid- and largecapitalisation
companies, and may have a significant exposure to the US equity market.

The Sub-Fund may invest in ordinary and preferred shares, convertible preferred shares, American Depositary Receipts (ADR), and Global Depositary Receipts (GDR), provided that such ADR/GDR do not embed derivative instruments. On an ancillary basis, and primarily when received as a result of corporate actions, the Sub-Fund may hold equity warrants or subscription rights up to a maximum of 10% of its net assets.

The Sub-Fund may invest up to 20% of its net assets in securities issued by companies located in Emerging Markets, provided these securities are admitted to trading on regulated markets.

On a residual basis, the Sub-Fund may invest in bonds and money market instruments with a remaining maturity of less than twelve (12) months for liquidity management or defensive purposes. All bonds shall be of investment grade quality (the “Minimum Rating”). The Sub-Fund may hold ancillary liquid assets on a residual basis up to 20% of its net assets; ancillary liquid assets should be limited to bank deposits at sight — e.g., cash or current account balances that are immediately accessible.

The Sub-Fund may invest up to 10% of its net assets in UCITS or other UCIs as defined under Article 41(1) of the Law of 2010.

The Sub-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 Sub-Fund will use only SFT.

ESG, environment, society, governance

The investment process integrates environmental, social and governance factors. The fund monitors the ESG (Environmental, Social and Governance) profile of the investments and can take a position on issues that could have a negative impact on the matter.

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 LU3300146795
Bloomberg LGEWSRE LX

Charges

Entry charge None
Exit charge None
Maximum management fees Max 1.75% 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.
Minimum amount of the first subscription 2.500 euro
Minimum amount of subsequent subscriptions None

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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Annual chart

The first half of August saw an upward movement in global equity markets, supported by broad-based contributions across both regions and sectors.

Manager's comment of the month

Within this generally positive environment, energy stocks moved against the trend during the first week, weighed down by news flow related to the conflict between the United States and Iran. The second half of the month, however, was characterized by a modest pullback from the highs: rising oil prices and higher government bond yields worsened the investment backdrop, increasing uncertainty among investors. The performance of the Leadersel Global Equity - Walter Scott fund broadly mirrored that of the markets, although the overall results mask more pronounced fluctuations within the portfolio.

In the technology sector, in particular, several stocks that had been heavily penalized by concerns over potential competition from Artificial Intelligence staged strong rebounds. Adobe, for example, gained almost 16%, while Intuit rose by more than 12%. Notably, these advances occurred alongside positive performances from companies at the forefront of AI development, such as Nvidia and ASML. Within the healthcare sector, investor interest returned to medical technology companies, including Edwards Lifesciences, a leader in minimally invasive cardiac surgery, and Intuitive Surgical, one of the world's leading surgical robotics companies.

Portfolio performance therefore benefited from these positive contributions, while exposure to traditional pharmaceutical and biotechnology companies remained less significant. Offsetting an otherwise positive month were consumer-related sectors, whose weakness affected both luxury goods companies, such as the French group Louis Vuitton, and businesses focused on value-oriented retail, such as the U.S.-based The TJX Companies.

Factsheet

Document Date of the document Download
FACTSHEET 17/08/2026 PDF get_app

Offer documents

Document Date of the document Download
Prospectus 06/05/2026 PDF get_app
Management rules 25/01/2013 PDF get_app
KID 16/07/2026 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
Notice Globersel Global Equity - Walter Scott TO Leadersel Global Equity 03/06/2026 PDF get_app

Sustainability related disclosures – Article 8

Document Date of the document Download
Web disclosure 01/04/2026 PDF get_app
Leadersel Walter Scott - Pre-contractual disclosure information RTS 06/05/2026 PDF get_app
Fund manager
Walter Scott & Partners Ltd
Walter Scott & Partners Ltd
Gestore in delega
Risk level
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