Main information

Fund name Value Flexible Strategy Class A
Category Flexible fund
Legal structure Luxembourg reserved alternative fund
Currency Euro

Investment object

The investment objective of the Sub-Fund is to offer investors the opportunity to participate in the returns mostly of transferable securities quoted on the most important stock exchanges directly or through investments in collective undertakings for investment in transferable securities (UCITSs) authorised pursuant to UCITS Directive 2009/65/EC and/or other UCIs within the meaning of Article 1, paragraph 2, first and second indent of said Directive.

Investment policy

The aim of the Sub-Fund is to seek capital and revenue gains by investing in money market instruments and in quoted transferable securities, whether equities, bonds or commodities directly or through investments in undertakings for collective investments in transferable securities (UCITS), or UCIs or AIFs. A large part of the assets of this Sub-Fund may be invested in funds of the same promoter. The Sub-Fund is actively managed, and the policy pursued under the management of this Sub-Fund is flexible and asset allocation will be made according to the situation on the different markets in which it operates. The investment policy is mainly implemented investing in equity, bond and money markets funds, as well as in funds and funds of funds, insofar as such an investment contributes to the realisation of capital gains pursued by the Sub-Fund, taking into account the specific costs relating to this type of investment. Investment in UCIs which are themselves geared to investing their assets in other UCI units must not exceed 70%. The Sub-Fund may also invest in hedge funds and private market funds and, generally may invest directly or indirectly in assets with valuation timing longer then weekly, up to 30% of its Net Asset Value in order to capture any potential market opportunity that will arise, including, but not limited to, Real Estate Investment Trust (REIT) and Delta One Securities. The Sub-Fund may do co-investments directly or through SPV. The Sub-Fund may invest directly or indirectly, in shares, bonds, money market instruments and derivatives of any kind and nature to complete its portfolio by adapting to the market situation. The Sub-Fund may also achieve its investment objective by investing a maximum amount of 30% of its Net Asset Value in unlisted securities. The Sub-Fund may also use a leverage effect. Investors are advised that the investment in funds which are themselves geared to investing their assets in open-end undertakings for collective investment may entail a duplication of costs. Investors are also advised that a portion of the portfolio could be invested in assets with a liquidity cycle longer than that of the Sub-Fund.

Legal information

Depository bank Caceis Bank Luxembourg SA
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:
  • 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 Weekly
Fund units publication

Fund ticker

ISIN code LU2565843369


Entry charge 0
Exit charge 0
Maximum management fees 0.15% on an annual basis
Performance fee 0
Minimum amount of the first subscription 125.000 euro
Minimum amount of subsequent subscriptions 0

Offer documents

Document Date of the document Download
PRIIPS KID 01/03/2023 PDF get_app
OFFERING DOCUMENT 03/07/2023 PDF get_app
Risk level
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7


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