Bellevue Asset Management AG
Bellevue Asset Management AG: Bellevue brings Swiss flagship fund to Germany and Austria
EQS Group-News: Bellevue Asset Management AG / Key word(s): Product Launch/Funds Media Release as of February 1, 2017 Bellevue brings Swiss flagship fund to Germany and Austria Bellevue Asset Management’s Entrepreneur funds family of mutual funds just got bigger. In response to increased investor demand, Bellevue has now launched a Luxembourg-based version of its BB Entrepreneur Switzerland fund and has registered it for sale to the public in Germany, Switzerland and Austria. The new fund is a companion fund to the Swiss investment fund launched more than a decade ago. Investing in family-owned and -operated enterprises is gaining increasing popularity. Bellevue played a pioneering role here back in 2006 with its launch of an entrepreneur-themed mutual fund under Swiss law that has consistently achieved top results compared to the competition. The fund was just awarded Best Swiss Equities Fund over the past 10 years by Thomson Reuters Lipper. To meet growing demand from investors in Germany and Austria, the Swiss investment boutique has now launched a Luxembourg-based companion fund mirroring the Swiss strategy. The BB Entrepreneur Switzerland (Lux) fund (ISIN B-CHF LU1477743543) is open to investors effective immediately. Its management team headed by Birgitte Olsen invests in publicly traded owner-managed enterprises in Switzerland that are decisively shaped by an entrepreneur or a family of entrepreneurs that controls at least 20% of the voting rights. The characteristics of such companies – strong balance sheet, a focused business model, short chains of command, sustainable business policies and a pronounced entrepreneurial culture – exert demonstrably a boosting effect on share-price performance. Using a fundamental, bottom-up stock selection approach, the team of three members chooses the most attractive 30 to 40 stocks, constructing a portfolio diversified across different sectors and market capitalizations. Substantial outperformance over the last ten years Over the last ten years, the Swiss fund has outperformed the broad Swiss market (the SPI) by 47 percentage points, and it again beat its benchmark last year with an excess return of more than 17 percentage points. With an absolute performance of +16.4% in CHF, the fund posted an excellent 2016, heading the rankings of top Swiss funds benchmarked against the SPI. The BB Entrepreneur Switzerland (Lux) fund rounds out the offering of owner-managed strategies in Germany and Austria, which additionally consists of the BB Entrepreneur Europe and Swiss entrepreneur stocks rank among the world market leaders Swiss entrepreneurs are highly innovative and quality-minded, and they often rank among the world market leaders in their respective sectors. Enterprises in Switzerland benefit from first-class infrastructure, a flexible labor market with highly skilled workers, a stable political environment and Switzerland’s good international ties. Swiss enterprises’ innovative prowess, flexibility and increasing productivity consistently enable them to successfully counter the continual appreciation of the Swiss franc. Publicly traded small- and mid-cap entrepreneur-managed companies are hardly represented in European indices and portfolios, so adding the BB Entrepreneur Switzerland (Lux) fund to the portfolio of a European investor enhances diversification and boosts potential returns. Entrepreneurship lives “We are dealing with a sluggish economy in a mild expansion trend. Cycles are a thing of the past. Governments and central banks are driving the markets. This creates market inefficiencies and opportunities for stock pickers like us. My team and I regularly meet with strong entrepreneurs who invest their own assets in their businesses in the active pursuit of clear goals and who bear enormous responsibility. There are so many interesting niches and companies with exciting stories and huge potential. Entrepreneurship lives and makes things happen. That fills me with optimism – for owner-managed strategies in general and particularly for our new fund,” says Birgitte Olsen, the lead portfolio manager of the Bellevue Entrepreneur funds. For further information please contact: Bellevue Asset Management AG, Seestrasse 16 / P.O. Box, CH-8700 Küsnacht/Zurich
Tanja Chicherio, Tel. +41 44 267 67 09, tch@bellevue.ch Bellevue Asset Management Bellevue Asset Management and its sister company StarCapital based in Oberursel outside Frankfurt, Germany, are part of Bellevue Group, an independent Swiss financial group with a registered office in Zurich and a listing on the Swiss Exchange SIX. Bellevue was established in 1993 and has since become a leading investment boutique with a focus on healthcare, regional strategies, multi-asset solutions and global equity and bond funds. Assets under management amount to CHF 9.4 billion. Disclaimer: This document is neither directed to, nor intended for distribution or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. The information and data presented in this document are not to be considered as an offer or solicitation to buy, sell or subscribe to any securities or financial instruments. The information, opinions and estimates contained in this document reflect a judgment at the original date of release and are subject to change without notice. No liability is assumed for its correctness and accuracy. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient and in particular tax treatment depends on individual circumstances and may be subject to change. This document is not to be relied upon in substitution for the exercise of independent judgment. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in the light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional. The details and opinions contained in this document are provided without any guarantee or warranty and are for the recipient’s personal use and information purpose only. Every investment involves risk, especially with regard to fluctuations in value and return, and investors’ capital may be at risk. If the currency of a financial product is different from your reference currency, the return can increase or decrease as a result of currency fluctuations. Past performance is no indicator for the current or future performance. The performance data are calculated without taking account of commissions and costs that result from subscriptions and redemptions. Commissions and costs have a negative impact on performance. This document does not reflect any risks related to investments into the mentioned securities and financial instruments. Financial transactions should only be undertaken after having carefully studied the current valid prospectus and are only valid on the basis of the latest version of the prospectus and available annual and semi-annual reports. As the funds are recognised (ie. registered) but not authorised in the UK, the UK Financial Services Authority’s financial services compensation scheme does not apply to investments in the fund but the Financial Services Authority regulated firm approving this document for the purposes of UK regulation has taken reasonable steps to satisfy itself that Bellevue will deal in an honest and reliable way and is so satisfied. The Bellevue Funds (Lux) SICAV is admitted for public offering and distribution in Switzerland. Representative agent in Switzerland: Acolin Fund Services AG, Affolternstrasse 56, CH-8050 Zürich and paying agent in Switzerland: Bank am Bellevue AG, Seestrasse 16, P.O. Box, CH-8700 Kusnacht. The Bellevue Funds (Lux) SICAV is admitted for public distribution in Austria. Paying and information agent: Erste Bank der oesterreichischen Sparkassen AG, Graben 21, A-1010 Vienna. The Bellevue Funds (Lux) SICAV is admitted for public distribution in Germany. Paying and information agent: Bank Julius Bär Europe AG, An der Welle 1, P.O. Box, D-60062 Frankfurt a. M. The Bellevue Funds (Lux) SICAV is recognised for public offering and distribution in the United Kingdom. Facilities agent: Global Funds Registration Limited, 1st Floor, 10 New Street, London EC2M 4TP.The Bellevue Funds (Lux) SICAV is registered with the CNMV under the number 938. Prospectus, Key Investor Information Document (“KIID”), the articles of association as well as the annual and semi-annual reports of the Bellevue Funds under Luxembourg law are available free of charge from the above mentioned representative, paying, facilities and information agents as well as from Bellevue Asset Management AG, Seestrasse 16, CH-8700 Kusnacht. Additional features: Document: http://n.eqs.com/c/fncls.ssp?u=CRGLJUNVRU Document title: Media release
End of Corporate News |