Dorval Manageurs Small Cap Euro
Choosing to invest in a responsible and committed way in French and European listed SMEs / ETIs
Key points
- Providing a response to the financial needs of French and European companies
- Active and unconstrained management, framed by a rigorous socially responsible investment policy
- A fund eligible for the PEA and PEA SME, with the labels "Relance" and "SRI"
- This product promotes environmental or social characteristics but does not have as its objective a sustainable investment. It might invest partially in assets that have a sustainable objective, for instance qualified as sustainable according to the EU classification
- The fund is exposed to capital loss risk
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Evolution of performance
4/16/24 - 4/16/24
Past performances are no guarantee of future performances. The performance calculations are net earned dividends reinvested for the UCITS. The performance calculations for the benchmark indicator are reinvested net earned dividends.
Performance scenarios
This document is intended to present the performance scenarios displayed in the PRIIPS KID on a monthly basis. The figures shown include all costs of the product itself, but not necessarily all fees due to your advisor or distributor. These figures do not take into account your personal tax situation, which may also affect the amounts you receive. The tax laws of the retail investor's home Member State may affect the actual amounts paid. What you will get from this product depends on future market performance. Market performance is random and cannot be accurately predicted. The unfavorable, intermediate and favorable scenarios presented are illustrations using the best and worst performance, as well as the median performance of the fund over the past ten years. Markets could move very differently in the future. The stress scenario shows what you could get in extreme market situations. Retail investors may lose some or all of the amount invested. The performance scenarios have been developed in accordance with current regulatory requirements. However, they do not constitute a commitment on the part of Dorval Asset Management and cannot prejudge the actual performance of the product. The amounts shown in euros represent an average annual return.
| Recommended investment period: years Example of investment : Scenarios Select... | If you get out after 1 year | If you get out after years | |
|---|---|---|---|
| Minimum | There is no guaranteed minimum return. You could lose all or part of your investment. | ||
| Tensions | What you could get after deducting costs Average annual yields | ||
| Unfavorable | What you could get after deducting costs Average annual yields | ||
| Intermediate | What you could get after deducting costs Average annual yields | ||
| Favorable | What you could get after deducting costs Average annual yields | ||
The essential
- INVESTMENT UNIVERSESmall and medium sized cap securities in the euro zone, in compliance with the criteria of the PEA and the PEA SME
- REFERENCE INDICATORMSCI EMU Small Cap net total return
- MINIMUM RECOMMENDED INVESTMENT HORIZON5 years
Performances
Performances net of management fees
Past performances are no guarantee of future performances. The performance calculations are net earned dividends reinvested for the UCITS. The performance calculations for the benchmark indicator are reinvested net earned dividends.
Learn more
The fund seeks to provide a response to the financing needs of the French and European PMEs ETIs and to capture their growth potential over the long term. To this end, the basic analysis of eligible companies is combined with an approach to environmental, social and governance (ESG) opportunities and risks and is framed by the management company's SRI policy.
Providing a response to the financial needs of French and European SME-ETI companies and capturing their growth potential
For companies, meeting the challenges of tomorrow requires a responsible approach and offer, a resumption of productive investments and a strengthening of their own funds, the foundation for growth.
In order to support the recovery of a more sustainable economy, the funds has for several years invested more than 50% of its assets in equity instruments issued by companies located in France. It thus benefits from the ''Relance'' label created by the French government.
Active and unconstrained management, framed by a rigorous socially responsible investment policy
The construction and management of the portfolio combine financial and extra financial approaches and are based on:
- Identification of investment themes considered to have higher potential, i.e. favourable in both the major trends and in the economic and financial context.
- A selection of securities within these investment themes, supplemented by securities selected for their own interest and meeting the criteria defined by Dorval AM.
- A breakdown of these securities in the portfolio, based on a proprietary rating methodology established using the same criteria and moreover combining financial and extra financial analyses as well as an analysis of the ''senior managers/companies'' combination.
Information concerning the methodology and data relating to extra-financial analysis are available in the SRI policy and the Code of transparency of Dorval Asset Management available here.
The fund eligible for the PEA and PEA SME, also with the SRI label
The fund is in compliance with the criteria of the Equity Savings Plan (PEA) and the Equity Savings Plan of small and medium sized companies (PEA SME) and therefore promotes the development of French and European companies. Moreover, Dorval's AM's socially responsible investment policy allows it to benefit from the ''SRI'' State label.
One last question ?
- The economist Jean Bodin wrote that "The only wealth is man". When devising the Dorval Manageurs Small Cap Euro fund, we set out on the following premise: when the "manager-company" combination works, performances are never far behind. Our job is therefore to identify companies whose directors have managerial skills that align with the company's strategy. This expertise is particularly important because the small and mid cap universe is where quality of management is the most decisive for the success of an investment."
- "We decided to not restrict ourselves to a completely French offering and to go beyond our borders to find the most interesting companies in the eurozone that meet our criteria."
- "To determine directors' qualities we look in particular at their experience, their team, their track record on external growth, etc. Stock-picking is more than just a theoretical analysis, it involves systematic and regular meetings with the directors of these companies."
Warnings
The information provided is neither contractual in nature nor serves as investment advice.
Past performance is no indicator of future performance. Capital invested is not guaranteed. It is advisable to follow the minimum recommended investment horizon. The characteristics, risks and charges concerning this investment are detailed in the fund prospectus, which is available free of charge from the asset management company.
The tax treatment depends on each client's situation and is subject to change at a later date. Each mutual fund may not be suitable for all investors. The risks of investing in a mutual fund are described in the Prospectus for this mutual fund, which can be downloaded from this site. Dorval Asset Management invites the individuals concerned to familiarise themselves with it.
Dorval Asset Management may not be held liable for any decision taken or not taken based on information contained in this document, or for how it may be used by a third party.
The investor must be given the Key Investor Information Document before subscribing.
Pursuant to provisions in Council Regulation (EU) No 833/2014, the purchase of units/shares in Dorval Asset Management’s funds is prohibited for all Russian and Belarusian nationals, as well as any individuals who are resident in Russia or Belarus and any legal person, entity or body established in Russia or Belarus, apart from nationals of a Member State and individuals holding a temporary or permanent residence permit in a Member State.