Management company: Cadelam; management delegated to Mercier Vanderlinden Asset Management
|N.A.V. CLASS R||-|
|N.A.V. CLASS F||-|
For more in depth information about past performance you can download our monthly factsheets here in Adobe PDF format:
|MSCI AC World Euro6||-||-||-||-||-||-||-||-||-||-||-||-||-|
|Annualized Returns4||MercLin DBI/RDT R||MercLin DBI/RDT F|
MercLin Institutional Equity Fund DBI-RDT (sub-fund of MercLin Institutional Fund) meets the requirements imposed by the applicable regulations to benefit from the Definitively Taxed Income regime (DBI-RDT): the sub-fund distributes at least 90% of the received income, after deducting salaries, commissions and charges. The company-shareholder can – as of income year 2018 – deduct 100% from the taxable basis of the income distributed by the sicav resulting from dividends or from capital gains on shares, which meet the requirements of the DBI-RDT deduction. The fund follows the equity strategies of the MercLin Global Equity fund.
|Fund Name:||MercLin Institutional Fund|
|ISIN MercLin DBI/RDT R:||BE6213770470|
|ISIN MercLin DBI/RDT F:||BE6282942588|
|Domicile:||Lange Lozanastraat 254, 2018 Antwerp, Belgium|
|Legal Status:||Belgian institutional SICAV with sub-funds in financial instruments and liquid assets|
|Type of shares:||Distribution|
|Management Company:||Cadelam S.A.|
|Financial Agent:||KBC Bank S.A.|
|Depositary:||KBC Bank S.A|
|Delegation of the administration:||Cadelam S.A.|
|Delegation of the intellectual management:||Mercier Vanderlinden Asset Management|
|Distributor:||KBC Bank S.A.|
|Minimum subscription amount Merclin DBI/RDT R:||250.000,00€|
|Minimum subscription amount Merclin DBI/RDT F:||50.000.000,00€|
|Subscription fee:||Class F and R : 0% (Mercier Vanderlinden)|
|TOB on exit:||No|
|Tax on UCITS investing more than 10% of their assets in debt claims:||No|
|Anti-Dilution Protection:||0,08% at Subscription, 0,08% at Redemption|
|N.A.V. calculation:||Weekly on Thursday|
|Subscription/Redemption:||Before Thursday 1:15pm|
|Assets under Management:||-|
Potentially lower rewards
Does not mean a risk-free investment
Potentially higher rewards
The value of an investment in a sub-fund increases or decreases over time. At the time of resale, the price of your shares may be less than the original price, representing a loss. If you invest in a sub-fund whose currency is different from your own, exchange rate fluctuations can also reduce your gains or increase your losses.
The above risk level is calculated on the basis of the sub-fund’s volatility over the medium term (i.e. on the basis of actual changes in its value over the last five years or on a simulation, if the subfund was created within that period). The volatility of the sub-fund may increase or decrease over time, which may change its risk level.
The subfund’s risk level reflects the following factor(s):
Equity investments have greater volatility and higher risk than investments in bonds and money market instruments. The risk level does not reflect the potential impact of unusual market conditions or unforeseen events that may increase risk or trigger other risks such as:
- Counterparty risk: the subfund can lose money as a result of the failure of a market player with which it does business.
- Credit risk: risk associated with bonds becoming worthless when the issuer of the bond is not able to repay its debt on maturity.
- Liquidity risk: some financial securities may be impossible to sell quickly at a given time or may have to be sold at a discount.
- Management risk: under abnormal market conditions, the usual management techniques may be ineffective or unfavourable.
- Operating risk: in any market, and especially in the emerging markets, the subfund may lose some or all of its money if there is a failure in the custody of assets or in case of fraud, corruption, political actions or any other adverse event.
In case of complaints concerning this fund, please send an email to firstname.lastname@example.org. If you do not obtain a satisfactory response, you can always contact the Ombudsman of the financial services sector through the website: http://www.ombudsfin.be/en/individuals/introduce-complaint/.
The information document and the periodic reports are available free of charge with the financial agent: KBC Bank S.A., Avenue du Port 2, 1080 Brussels. Every investor took note of the information document and any subscription should be made on the basis of this document.
2 Source data: Bloomberg, Morningstar & Banque Degroof Petercam Luxemburg.
3 It concerns annual (except YTD) performance numbers based on historical data and which are no guarantee of future results. YTD is a cumulative return over a period from the 1st of January of the current year till a given date (see above) in the current year.
4 The return figures indicated above do not include commissions eventually linked to the issuing and redemption of shares. These are annualized returns based on historical data, which offer no guarantee of future returns.
5 Ongoing charge: charges taken from the subfund over a year (including management fees).
6 MSCI AC World Euro Net dividend reinvested. The investment policy of the subfund does not include a tracking error objective with the benchmark. Performances of the Sub-fund may therefore vary from the performance of the benchmark.