RICHELIEU FAMILY (R)
European small and midcaps eligible for PEAs
Managed, since its creation in February 2014, by Clémence de Rothiacob and Xavier Afresne, Richelieu Family invests a minimum of 65% of its equity portion in European companies with a capitalization of less than €5 billion and a minimum of 65% of its equity portion in so-called family companies, i.e. whose founders, their descendants or the management hold at least less than 10% of the capital and have at least one seat on the Board of Directors.
Regarding the extra-financial analysis of the portfolio, the management implements a “best in universe” approach which makes eligible for the portfolio only the 80% of issuers with the highest ratings in the investment universe on the basis of ESG criteria. defined internally and undertakes to have 90% of its net assets (excluding cash and similar) analyzed using ESG criteria.
Performance at 05-12-2023
Past performance is not a reliable indicator of future performance
|At 05-12-2023||RICHELIEU FAMILY (R)||REFERENCE INDICATOR|
|Overall net assets||67638130 €|
|1 year performance||+2,78%||+9,17%|
|3 years performance||-3,30%||+16,15%|
|5 years performance||+38,34%||-|
|10 years performance||-||-|
|Volatility 1 year||—||—|
|Performance since origin * (see features)|
|RICHELIEU FAMILY (R)||+73,17%|
|Annualized performance *|
|RICHELIEU FAMILY (R)||REFERENCE INDICATOR|
|1 year performance||+2,78%||+9,04%|
|3 years performance||-1,11%||+5,11%|
|5 years performance||+6,70%||-|
|Performance since origin||+5,78%||-|
Pursuant to the provisions of EU Regulation No. 833/2014, subscription to units in this fund is prohibited for any Russian or Belarusian national, any natural person residing in Russia or Belarus or any legal person, entity or body established in Russia or Belarus except to nationals of a Member State and natural persons holding a temporary or permanent residence permit in a Member State.
* date of first NAV available
The figures quoted relate to past years. Past performance is not a reliable indicator of future performance. Sources: internal and Europerformance.** From October 1, 2020 to October 31, 2021, the benchmark was the STOXX® Europe Small 200 NR (net dividends reinvested). From November 1, 2021, the benchmark index is the Bloomberg Eurozone Developed Markets Small Cap NR (net dividends reinvested).
Risk and return profile
At high risk,
The historical data used to calculate this indicator may not constitute a reliable indication of the future risk profile of the UCITS. The risk category associated with this UCITS is not guaranteed and may change over time. The lowest category does not mean a « risk free » investment. The capital initially invested is not guaranteed.
The indicator above reflects the volatility of the UCITS over 5 years given its main exposure to bonds and debt securities in euros. It is calculated on the basis of the FCP’s return history and, in the absence of sufficient history, on the basis of the returns of its benchmark indicator.
The significant risks for the UCITS that are not sufficiently taken into account by the indicator are:
Credit risk : It represents, for negotiable bonds or debt securities and money market instruments, the risk of a sudden deterioration in the creditworthiness of an issuer or that of its default.
Liquidity risk : risk related to the share of investments made in financial instruments that may present by nature and/or under certain circumstances a relatively low level of liquidity.
Risk related to financial futures : risk linked to variations in the prices of forward financial instruments and to a downward or upward amplification effect of market movements.
Counterparty risk : risk of non-payment of a flow (or commitment) due by a counterparty with which positions have been exchanged and commitments signed.