2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
January | 3.51% | 4.60% | 5.68% | 4.03% | -4.78% | 2.92% | -0.62% | -0.06% | 5.24% | 3.79% | 0.99% | 8.73% | -7.03% | 3.07% | 1.70% | 7.33% | -2.76% | 0.72% | -3.74% | 7.53% | -0.12% |
February | 3.01% | 4.31% | 3.13% | 0.26% | 5.96% | -3.01% | 1.13% | 0.25% | 2.05% | 2.11% | 3.58% | 6.59% | -0.91% | 3.97% | -4.24% | 2.30% | -7.99% | 7.81% | -2.17% | 5.16% | 1.23% |
March | 0.86% | -1.12% | 3.20% | 3.96% | -3.34% | -0.63% | 6.38% | 1.29% | -0.32% | -0.09% | 2.87% | 5.49% | 3.87% | 8.42% | -4.22% | 2.46% | -21.04% | 5.75% | 1.73% | -2.50% | 4.75% |
April | 2.75% | -1.03% | 2.05% | 3.63% | 10.71% | 10.40% | 0.00% | 0.53% | -0.62% | -1.08% | 0.56% | -1.06% | 1.33% | 5.96% | 2.09% | 3.97% | 10.15% | 2.77% | 1.79% | 0.57% | 0.54% |
May | 0.17% | 0.67% | -2.65% | 3.61% | 6.21% | 9.33% | -3.49% | -0.75% | -7.00% | 2.19% | 1.93% | 2.44% | 2.33% | 3.87% | 1.14% | -5.18% | 4.08% | 4.24% | 0.76% | -1.82% | 4.17% |
June | 3.69% | 3.01% | -1.56% | 1.88% | 0.03% | -3.56% | -2.75% | -2.91% | -2.20% | -2.63% | 0.15% | -1.76% | -4.77% | -3.14% | -5.32% | 3.85% | 1.76% | 0.46% | -5.93% | 0.93% | -4.61% |
July | -0.78% | 4.94% | 2.27% | 1.67% | -7.06% | 6.65% | 4.71% | -0.93% | 2.15% | 0.75% | -2.29% | 2.89% | 3.91% | 2.51% | 2.61% | -2.55% | -2.41% | 1.12% | 5.08% | 1.92% | 1.97% |
August | 0.78% | 3.04% | 2.30% | -2.96% | -1.07% | 1.17% | 0.67% | -2.53% | 0.80% | -0.10% | -0.58% | -4.47% | 0.13% | 0.41% | -0.75% | -3.17% | 6.05% | 5.33% | -3.57% | 0.94% | -0.19% |
September | 3.42% | 3.67% | 0.42% | 3.96% | -14.13% | 5.26% | 4.54% | -8.60% | 3.71% | 3.13% | -3.48% | -4.53% | 0.89% | 3.70% | -1.63% | 2.33% | -1.14% | -2.53% | -6.74% | -3.68% | -0.83% |
October | 1.52% | -1.16% | 5.19% | 4.66% | -19.47% | -2.09% | 1.70% | 4.16% | 0.33% | 3.42% | -2.4% | 7.05% | 3.83% | 0.74% | -5.77% | -0.09% | -5.26% | 4.25% | 6.37% | -3.43% | |
November | 3.32% | 0.14% | 1.36% | -6.71% | -9.81% | -0.66% | 0.61% | -4.68% | -0.20% | 0.76% | 2.07% | 2.58% | 0.07% | -2.86% | -3.58% | 5.68% | 19.69% | -4.68% | 5.15% | 5.70% | |
December | 4.58% | 2.58% | 3.80% | 5.01% | -0.71% | 8.74% | 4.49% | 0.71% | 2.63% | 2.84% | 1.65% | 0.41% | 7.59% | 2.23% | -3.42% | 1.68% | 3.17% | 5.10% | -0.70% | 4.56% | |
Total YTD | 30.21% | 26.02% | 27.89% | 24.72% | -34.69% | 38.73% | 18.25% | -13.26% | 6.17% | 13.77% | 4.85% | 25.46% | 10.87% | 32.25% | -19.84% | 19.41% | -1.34% | 34.00% | -4.08% | 17.28% | 6.80% |
Since Inception | 33.52% | 68.26% | 115.19% | 168.39% | 75.30% | 143.19% | 187.59% | 149.47% | 164.87% | 201.33% | 215.94% | 298.02% | 341.29% | 483.61% | 367.83% | 458.62% | 451.15% | 638.55% | 608.42% | 730.85% | 787.37% |
The Investment Objective of Hermes Luxembourgish UCITS is to achieve long-term appreciation principally through value investing mainly in the major equity markets. There is no guarantee that the Hermes Fund will achieve its investment objectives.
The Hermes Fund may also retain amounts in cash or cash equivalents if it is considered appropriate to achieve the investment objective, including, without limitation, during portfolio rebalancing.
The Hermes Fund will achieve its investment objective by investing most of its assets in securities quoted on major exchanges. These may include investments in equities, fixed income (including up to 10% in contingent convertible securities and excluding distressed and defaulted securities), exchange traded funds, UCITS and other UCIs in accordance with article 41(1)(e) of the 2010 Law.
The Company employs an active bottom-up style of management by researching, studying and selecting individual stocks based on the principles of value investing with a specific focus on (but not limited to) small and mid-cap European listed equities. The Hermes Fund is not referenced to any Benchmark and does not have any target geographical or industrial sectors.
The Company may use financial derivative instruments for investment purposes and for the purposes of efficient portfolio management, to take indirectly exposure in equities and other transferable securities giving or capable of giving, directly or indirectly, access to capital or voting rights, traded on Eurozone and/or international markets such as North America, provided that such investment will be made in accordance with the investment restrictions and limits set out in the general part of the Prospectus and this Supplement.
Financial derivative instruments utilised by the Hermes Fund may include, but are not limited to, exchange listed futures, exchange listed options and FX Forwards amongst other financial derivative instruments. This action carries risks for the possibility that the coverage is not perfect and for the leverage involved.
Inception Date
Base Currency
Bloomberg
ISIN
Bloomberg
ISIN
Initial Investment
Subsequent Investment
Valuation Day
Share Offer
Management Fee | Performance Fee | Exit Fee |
1% p.a | 15% p.a on the NAV target* | 0% |
CACEIS Investor Services Bank S.A.
CACEIS Investor Services Bank S.A.
Deloitte Audit Ltd, Luxembourg
Praude Asset Management Limited
Waystone Management Co. (Lux) S.A.
Information
For more information about the fund please contact us as follows:
Tel: +356 2137 4313
Email: clients@praude.com.mt
PAM strongly suggests that the investor should carefully consider the Fund’s investment objectives, risk factors, fees and eligibility before taking any investment decision. All relevant information can be found in the Fund’s Prospectus and Offering Supplement, which may be obtained by contacting the administrators of the Fund who should provide you with a copy of the offering documents of the Fund. Investors should read all the official documentation carefully before investing. Investing involves risk, including the possible loss of principal.
Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy or product made reference to directly or indirectly on this website will be profitable or equal to corresponding indicated performance levels. Different types of investments involve varying degrees of risk. No client or prospective client should assume that any information presented and/or made available on this website serves as a substitute for personalized individual advice.
This website is not directed at and shall not be visited by, any person or entity who is a citizen or resident of or located in a jurisdiction or country where the content or use of this website would be contrary to any laws or regulations in such jurisdictions. Users are accessing the information contained in this site at their own risk and the Company is not responsible for any registration or licensing requirement that may arise from the user’s jurisdiction. If you are visiting the website from any such jurisdiction, please disconnect from the site immediately.
The information contained on this website should not be considered a recommendation to purchase or sell units in any particular collective investment scheme. The collective investment schemes mentioned on this website may not be authorised for purchase or sale by the relevant authority in your jurisdiction. It is the responsibility of the person who accesses the information contained within this website to observe all laws and regulations applicable to their jurisdiction. Praude Asset Management Limited has passported Hermes Linder Fund SICAV plc into Italy, Luxembourg and Switzerland.
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