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Bellevue F (Lux) BB Entrepreneur EurSmall B EUR

Ranked 45 out of 228 in - European Small & Medium Companies over 12 months
All calculations are in EUR unless stated

Managed by

Birgitte Olsen

Born in the Norwegian town of Bodö in 1966, Birgitte Olsen obtained her degree from the University of St Gallen in Switzerland. She started her career as a financial controller at Capital Entertainment in 1992, before joining Bank am Bellevue as an equity analyst. Over her professional career, she has worked at asset management houses Vontobel, Generali and GVO before returning to the asset management arm of Bellevue as a senior portfolio manager. Birgitte benefits most from positive or sideways markets, adopting a stock-picking investment style for the funds that she runs. She looks for growth at a reasonable price and her key valuation metrics are price-to earnings, enterprise value-to-earnings and return on capital employed ratios. Birgitte is a CFA Charterholder and outside of fund management she enjoys skiing, playing chess and fishing.

Objective

The Fund invests at least two thirds of the net assets in a portfolio of carefully chosen shares and other equities of small and middle capitalized companies, who have their registered office or carry out the majority of their economic activity in established European countries and are mainly managed by the owners where an entrepreneur/founder family holds at least a 20% of a companys voting rights, thereby exerting signif. influence.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

European Small & Medium Companies over : 30/11/2016 - 30/11/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 7.8% 8.6% 6.7%
2016 12.0% -2.1% -2.3% 10.9% 5.7%
2015 29.0% 26.3% 0.6% -8.2% 10.6%
2014 10.1% 10.2% 4.4% -7.2% 3.1%
2013 32.4% 4.5% 3.2% 11.9% 9.8%
2012 12.7% 10.5% -7.0% 4.4% 5.1%
2011 -17.5% 3.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
Uponor Oyj ORD 4.02
Asetek A/S ORD 3.48
Cancom SE ORD 3.28
P/F Bakkafrost ORD 3.19
IMA Industria Macchine Automatiche SpA ORD 3.03
Vidrala SA ORD 3.01
Fluidra SA ORD 2.87
Banca IFIS SpA ORD 2.85
RIB Software SE ORD 2.76
RHI AG ORD 2.68
30/06/2017

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg
  4. Spain
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date30/06/2011
  • Share Class size232Mn
  • Base currencyEUR
  • ISIN LU0631859229

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.60%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).