RICHELIEU HARMONIES (R)
Discipline and responsiveness
Richelieu Harmonies is an asset allocation fund that combines the analysis of macroeconomic issues, thematic management and transparent and disciplined risk management. Its international allocation is made up of 0 to 35% of its net assets in equities (direct securities, funds, ETFs or futures), the balance being invested in government or corporate bonds depending on opportunities and market trends.
Richelieu Harmonies is the signature fund of Richelieu Gestion’s convictions.
Since June 30, 2021, the fund has incorporated extra-financial criteria into its investment process. Thus, the fund invests in the 80% best-rated issuers in its universe according to Environmental, Social and Governance (ESG) criteria defined internally.
The management objective and investment policy of the fund were modified on 01/09/2019. As such, the performances displayed before this date were achieved in circumstances that are no longer relevant.
Performance at 25-11-2024
- Fonds
- Benchmark*
Past performance is not a reliable indicator of future performance
| At 25-11-2024 | RICHELIEU HARMONIES (R) | REFERENCE INDICATOR |
|---|---|---|
| NAV | 179.75 € | |
| Overall net assets | 49245976 € | |
| YTD | +5,80% | +8,36% |
| 1 year performance | +8,19% | +11,95% |
| 3 years performance | +0,27% | +5,27% |
| 5 years performance | +10,10% | +15,93% |
| 10 years performance | +17,92% | +25,69% |
| Volatility 1 year | — | — |
| Performance since origin ¹ (see features) | |
|---|---|
| RICHELIEU HARMONIES (R) | +79,75% |
| Benchmark ² | +79,20% |
| Annualized performance ¹ | ||
|---|---|---|
| RICHELIEU HARMONIES (R) | REFERENCE INDICATOR | |
| 1 year performance | +8,15% | +11,88% |
| 3 years performance | +0,09% | +1,73% |
| 5 years performance | +1,94% | +3,00% |
| Performance since origin | +2,66% | +2,64% |
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.
¹ date of first NAV available
² The indicator was until 03/03/2017 a composite of 30% FTSE Eurofirst and 70% Eonia, then the FTSE Eurofirst was replaced by the STOXX Europe 600. It was modified by a 25% composite. Stoxx Global 1800 and 75% Bloomberg Barclays Series-E Euro Government 3-5 Yr Bond until 31/12/2021. The current benchmark is the 25% Bloomberg Developed Markets Large & Mid Cap NR Index and 75% Bloomberg Barclays Series-E Euro Government 3-5 Yr Bond Index. The indicator is calculated net dividends reinvested since 01/01/2013.
The figures quoted relate to past years. Past performance is not a reliable indicator of future performance. Sources: internal and Bloomberg.
Manager
Downloads
Characteristics
Risk and return profile
Low risk
Yield potentially
weaker
At high risk,
Yield potentially
higher
The risk indicator assumes that you hold the product for 3 years. The actual risk could be significantly different if you choose to exit before maturity, potentially resulting in a lower return. The synthetic risk indicator allows for assessing the level of risk of this product compared to others. It indicates the probability of this product incurring losses due to market movements or our inability to pay you. We have classified this product in risk class 2 out of 7, which is a low-risk class. In other words, potential losses associated with the future performance of the product are at a low level, and if the situation were to deteriorate in the markets, it’s likely that the compartment’s ability to pay you would be affected. Since this product does not provide protection against market uncertainties, you could potentially lose all or part of your investment.
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.
