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Main information

Fund name Leadersel PMI HD Class P
Category Equity
Legal structure Mutual Fund under Luxembourg Law with multiple Sub-funds
Currency Euro

Objectives

The investment objective of the Fund is to increase the invested capital and generate income.

Investment policy

The Sub-Fund is actively managed and may hedge market risk on the basis of quantitative signals generated by market indicators. Quantitative signals are designed to infer from market behaviour the level of market risk hedging needed in the Sub-Fund (absent, partial or total). Hedging will be implemented by means of eligible index futures. It may invest in shares of companies in any industry, whether high or medium-to-low cap. The Sub-Fund may invest, on a residual basis, in money market instruments with duration of less than twelve (12) months and bonds with a maximum of thirty per cent (30%) of the assets of the Sub-Fund.

The Sub-Fund shall invest at least seventy per cent (70%) of the portfolio in financial instruments (equities and/or bonds, it being understood that for the portion invested in bonds the above mentioned limit of thirty per cent (30%) shall apply) issued by, or entered into with companies which are resident in Italy, or in EU or EEA Member State and have a permanent establishment in Italy. At least thirty per cent (30%) of these financial instruments, shall be issued by companies which are not listed in the FTSE MIB index or in any other equivalent indices.

The Sub-Fund cannot invest more than ten per cent (10%) of the portfolio in financial instruments issued by, or entered into with the same company, or companies belonging to the same group, or in cash unless held with the custodian bank of the Sub-Fund. The Sub-Fund cannot invest in financial instruments issued by companies which are not resident in countries that allow an adequate exchange of information with Italy. The Sub-Fund will not invest in ABS/MBS, Coco Bonds, High Yield, Distressed and Defaulted Debt Securities. The Sub-Fund may invest up to ten per cent (10%) of its net assets in UCITS or other UCI as referred to in art. 41, section 1, of the Law of 2010. The Sub-Fund financial techniques and instruments in order to hedge the portfolio exposure, in accordance with the restrictions set forth in the “Financial techniques and instruments” chapter of the prospectus. The Sub-Fund will use SFT as set forth in the section ""Use of SFT"" below.

The Sub-Fund is managed in an active way with possible significant deviations from the composition of the usual benchmarks used for the Italian stock market and may therefore invest in instruments of issuers not listed.

 

Note: The sub-fund qualified as “Piani Individuali di Risparmio a lungo termine” (“PIR”) compliant under Italian Law No 232 of 11 December 2016 as amended by Italian Law n. 157 of 19 December 2019 (based on art. 13bis DL 26/10/2019 n. 124).

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 LU3261074416
Bloomberg LEPMIHP LX

Charges

Entry charge None
Exit charge None
Maximum management fees 0.70%
Performance fee 15% on the outperformance recorded by the fund compared to the hurdle rate of 2%
Minimum amount of the first subscription 10.000.000 Eur
Minimum amount of subsequent subscriptions 2.000.000 Eur

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.

Offer documents

Document Date of the document Download
Management rules 05/02/2019 PDF get_app
Prospectus 15/12/2025 PDF get_app
KID 31/12/2025 PDF get_app

Semi-annual reports

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

Annual reports

Document Date of the document Download
Annual report 31/12/2024 PDF get_app
Fund manager
Marco Nascimbene
Marco Nascimbene
Team Investimenti Equity Italia
Carlo De Vanna
Carlo De Vanna
Team Investimenti Equity Italia
Eugenio Raiteri
Eugenio Raiteri
Team Investimenti Multi Asset
Risk level
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
© Ersel Banca Privata - P.Iva 11894590154

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