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Key Facts
ISIN FR0013290939
NAV: 33.75 EUR
NAV DATE: 30-Jun-2025
YTD PERF: -3.6%
YTD PERF. DATE: 31-May-2025
Total Net Assets (all classes, m) 2,527.0 EUR
Number of holdings 32
Weight of top 10 stocks 50.2%
Share Class Currency EUR
SFDR Article 8
Key Documents View all documents
Monthly Report
FR
Monthly Report - 31-May-2025
Quarterly Report
FR
Quarterly Report - 31-Mar-2025
Prospectus
FR
Prospectus - 21-May-2025
RISK INDICATOR
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This indicator represents the Fund’s risk level set out in the Key Information Document. It is not guaranteed and may change during the month.
Investment Policy
The investment objective of the SICAV ("the Fund") is to seek a performance unrelated to an index, with a long term outlook, through a selection of securities based on criteria related to the company and not to the stock markets. The SICAV is invested and/or exposed at all times with at least 60% of its assets in international equities.
The Fund is actively managed. The index is provided for comparative purposes only.
The Fund is aimed at investors with a long-term investment horizon (typically 5 years or more).
Main Risks
This fund has the following core inherent risks (non-exhaustive list):
• Investing involves risk including possible loss of principal,
• The value of all investments and the income derived therefrom can decrease as well as increase,
• There is no assurance that the investment objective of the fund will be achieved,
• When a Share Class is denominated in a currency that is different from yours, changes in exchange rates can negatively impact both the value of your investment and the level of income received.
A more detailed description of the risk factors that apply to the fund is set out in the Prospectus.
PERFORMANCE & HOLDINGS As of 31-May-2025
CUMULATIVE PAST PERFORMANCE
Cumulative returns shown are monthly returns calculated on the last business day of each month.
Index: MSCI AC World - Net Return. The index is used for comparative purposes only and the fund does not seek to replicate the index.
Please note that performance is rebased to 100.
For additional information on the index and the fund’s inception date, please refer to the monthly report.
Calendar Past Performance
This chart shows the fund’s performance as the percentage loss or gain per year over the last 10 years compared to the index.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past and compare it to the index. For the avoidance of doubt, the fund is actively managed. The index performance is provided for comparative and information purposes only.
Performance is shown after the deduction of ongoing charges. Any applicable entry and exit charges are excluded from the calculation. This share class came into existence in 2017. Past performance has been calculated in EUR.
Rolling Net (%)
| Annualised | |||||||
|---|---|---|---|---|---|---|---|
| QTD | YTD | 1Y | 3Y | 5Y | 10Y | Inception | |
| Fund | 1.1 | -3.6 | 1.2 | 9.1 | 8.4 | - | 8.9 |
| Index | 1.6 | -3.9 | 8.7 | 10.1 | 12.9 | - | 10.1 |
Rolling Volatility (%)
| Annualised | ||||
|---|---|---|---|---|
| 1Y | 3Y | 5Y | 10Y | |
| Fund | 16.7 | 15.2 | 14.5 | - |
| Index | 17.2 | 14.6 | 13.9 | - |
Calendar Year Past Performance (%)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 4.9 | 24.4 | 12.6 | 17.1 | -19.3 | 22.9 | 16.5 |
| Index | - | - | - | -4.8 | 28.9 | 6.7 | 27.5 | -13.0 | 18.1 | 25.3 |
Annual Performance (%) As At Quarter End
| Q2 2019 -Q2 2020 |
Q2 2020 -Q2 2021 |
Q2 2021 -Q2 2022 |
Q2 2022 -Q2 2023 |
Q2 2023 -Q2 2024 |
|
|---|---|---|---|---|---|
| Fund | 7.0 | 21.3 | -11.3 | 15.7 | 20.9 |
| Index | 3.5 | 31.9 | -4.4 | 11.7 | 21.5 |
Index: MSCI AC World - Net Return. The index is used for comparative purposes only and the fund does not seek to replicate the index.
For additional information on the index and the fund’s inception date, please refer to the monthly report.
Past performance does not predict future returns.
Performance figures are calculated net of investment management fees, administrative fees and all other fees with the exception of sales charges. If taken into account, sales charges would have a negative impact on performance.
TOP 5 HOLDINGS
| Company Name | Weight (%) |
|---|---|
| Taiwan Semiconductor Manufacturing | 6.1 |
| Linde | 5.8 |
| Microsoft | 5.4 |
| Johnson & Johnson | 5.4 |
| Visa A | 5.2 |
The above equity exposures are provided for information only, are subject to change and are not a recommendation to buy or sell the securities.
Past performance does not predict future returns.
Breakdowns based on Comgest data, GICS sector and MSCI country classifications.
Past performance does not predict future returns.
1Y
5Y
| Aug-2024 | Sep-2024 | Oct-2024 | Nov-2024 | Jan-2025 | Feb-2025 | Mar-2025 | Apr-2025 | May-2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Favourable performance scenario | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% | 30.2% |
| Moderate performance scenario | 12.2% | 12.2% | 12.6% | 12.6% | 12.6% | 12.6% | 12.6% | 12.6% | 12.6% |
| Unfavourable performane scenario | -19.3% | -19.3% | -19.3% | -19.3% | -19.3% | -19.3% | -19.3% | -19.3% | -19.3% |
| Stressed performance scenario | -69.1% | -69.0% | -69.0% | -69.0% | -69.0% | -54.3% | -42.8% | -49.1% | -49.1% |
| Aug-2024 | Sep-2024 | Oct-2024 | Nov-2024 | Jan-2025 | Feb-2025 | Mar-2025 | Apr-2025 | May-2025 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Favourable performance scenario | 15.7% | 15.7% | 15.7% | 15.7% | 15.7% | 15.7% | 15.7% | 15.7% | 15.7% | ||||||||||||||||||
| This type of scenario occurred for an investment between the following years |
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| Moderate performance scenario | 10.3% | 10.3% | 10.2% | 10.1% | 10.0% | 10.0% | 10.1% | 10.1% | 10.1% | ||||||||||||||||||
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| Unfavourable performane scenario | 2.5% | 2.6% | 2.1% | 2.9% | 3.4% | 1.9% | 0.0% | -0.6% | 0.2% | ||||||||||||||||||
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| Stressed performance scenario | -19.9% | -19.9% | -19.9% | -19.9% | -15.9% | -15.5% | -15.3% | -15.3% | -15.6% |
What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product and/or, in case of insufficient track record, a comparable share class or benchmark, over the last 10 years. The scenarios shown are illustrations based on results from the past and on certain assumptions.
The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies, and are not an exact indicator. What you will get will vary depending on how the market performs and how long you keep the product. The figures do not take into account your personal tax situation, which may also affect how much you get back.
The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back.
The stress scenario shows what you might get back in extreme market circumstances.
INVESTMENT TEAM
VIEW FULL TEAM
Laure Négiar joined Comgest in 2010 and is an Analyst and Portfolio Manager specialising in Global equities. She is also the Global Equity Team manager.
Laure co-manages leads Comgest's Global and EAFE (Global ex-US) strategies, as well as the team’s segregated accounts. Before joining Comgest, she worked at BNP Paribas Equities & Derivatives in Paris and London, and prior to that worked in several roles within the US government.
Laure obtained holds a Bachelor’s degree in Public Policy from Stanford University (with Honours and Phi Beta Kappa) before and graduating graduated on the Dean's list with an MSc in Management (Dean's List) from the HEC business school in France. She is also a CFA® charterholder.
Zak Smerczak joined Comgest in 2016 and is an Analyst and Portfolio Manager specialising in Global equities. He is also a member of the Comgest Group's Investment Committee.
Zak started his career in 2006 at Deloitte in London, initially in Assurance & Advisory Services before moving to Transaction Services where he was responsible for operational and financial due diligence. In 2011, Zak joined Mirabaud Asset Management where he worked as an Analyst covering global equities. In 2015, he moved to Polar Capital Holdings where he held the position of Analyst / Portfolio Manager for the firm’s global multi-asset income strategy.
Zak holds a Bachelor of Business Science Degree with Honours in Finance from the University of Cape Town. He is a CFA® charterholder and has been a member of the Institute of Chartered Accountants of Scotland since 2009.
Alexandre Narboni joined Comgest in 2009 and is an Analyst and Portfolio Manager specialising in Global equities. He is also a member of the Comgest Group's Investment Committee.
Alexandre previously worked in the Group’s US equity team. Before joining Comgest, he worked in New York in asset-backed securities at Société Générale from 2005-2007, and later as a hedge fund credit analyst at HSBC.
Alexandre holds a Master’s degree in Financial Mathematics from the National School of Statistics and Economic Administration (ENSAE) in Paris and Columbia University in New York.
Investment Team listed above may include advisors from affiliates within the Comgest Group.
Details
| Investment Manager | Comgest S.A. |
|---|---|
| Fund Name | COMGEST MONDE |
| Share Class | COMGEST MONDE Z |
| ISIN Code | FR0013290939 |
| Bloomberg Code | COMMONZ FP |
| Share Class Currency | EUR |
| Fund Base Currency | EUR |
| Share Class Distribution Policy | Accumulation |
|---|---|
| Hedged | No |
| UCITS | Yes |
| Share Class Inception Date | 13-Dec-2017 |
| Fund Domicile | FRANCE |
| Investment Management Fee | 1.05% |
| Ongoing charges | 1.04% |
| Maximum entry fee | 2.00% |
