Infond Select, equity subfund of developed markets | Mutual funds

VEP as of 17.09.2024
26,10 EUR
  0,27%
PERFORMANCE  as of  17.09.2024
1 Year 13,83%
3 Years 16,99%
5 Years 67,14%
RISK AND REWARD PROFILE
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RISK AND REWARD PROFILE
LOWER RISK HIGHER RISK

Investment Focus

Infond Select is a global equity subfund of developed markets. The subfund has no sectoral limitation. It's assets are invested in limited number of 25 to 40 equities of high-quality companies.

Calendar year performance

Displayed are Performances from beginning to the end of each calendar year. Performance in the current year is shown for the period from the start of the calendar year up to the date of the currently published NAV.

Performance 12 Month periods

as of 17.09.2024
PERIOD PERFORMANCE
17.09.2023 - 17.09.2024 13,83%
17.09.2022 - 17.09.2023 12,96%
17.09.2021 - 17.09.2022 -10,90%
17.09.2020 - 17.09.2021 28,51%
17.09.2019 - 17.09.2020 11,17%
Past performance does not predict future returns. MORE...
The risk indicator is based on the assumption that investor holds the fund for at least 5 years.
The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
We have classified the fund as 4 out of 7, which is a medium risk class. The summary risk indicator is based on an estimate of the magnitude of fluctuations in the value of the asset unit. Depending on the fund's operations in the future, the summary risk indicator may change. The lowest category does not mean a risk-free investment.
The Fund does not use any protection for future market performance, so you may lose all or part of your investment.

Literature

Fund Facts
TYPE OF SUB-FUND
global equity sub-fund of developed markets
FUND INCEPTION DATE
01.08.2007
TRADING REGION
SI
SIZE OF FUND
26,25 mio EUR (as of 30.08.2024)
IBAN
SI56 1010 0005 6547 018
ISIN
SI 0021400344
LEI
9504004K6C28PPEAMT53
GIIN (FATCA)
JEQ640.00021.SF.705
BASE CURRENCY
EUR
CUSTODIAN
Banka Intesa Sanpaolo, d.d.
DEALING
daily
MAX. INITIAL CHARGE
3,00%
MAX. REDEMPTION FEE
0,00 %
MANAGEMENT FEE
2,25%
ONGOING CHARGE
2,36% (for the period 01.01.2023 till 31.12.2023)
RISK AND REWARD PROFILE
4
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as of
FUND PERFORMANCE
(displayed in a chart)
TYPE OF SUB-FUND OBJECTIVES AND INVESTMENT POLICY BASE CURRENCY
 
Infond Select 0% Equity Fund Strategy - global EUR
 
/ / / /
wait...

Performance

as of 17.09.2024
PERIOD PERFORMANCE YEARLY
1 Month -0,33% /
3 Months -2,05% /
6 Months 2,19% /
Current year (YTD) 9,89% /
1 year 13,83% /
3 years 16,99% 5,37%
5 year 67,14% 10,82%
10 year 181,52% 10,90%
Since inception 160,96% /
Past performance does not predict future returns. MORE...

Performance 12 Month periods

as of 17.09.2024
PERIOD PERFORMANCE
17.09.2023 - 17.09.2024 13,83%
17.09.2022 - 17.09.2023 12,96%
17.09.2021 - 17.09.2022 -10,90%
17.09.2020 - 17.09.2021 28,51%
17.09.2019 - 17.09.2020 11,17%
The risk indicator is based on the assumption that investor holds the fund for at least 5 years.
The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
We have classified the fund as 4 out of 7, which is a medium risk class. The summary risk indicator is based on an estimate of the magnitude of fluctuations in the value of the asset unit. Depending on the fund's operations in the future, the summary risk indicator may change. The lowest category does not mean a risk-free investment.
The Fund does not use any protection for future market performance, so you may lose all or part of your investment.

10 Largest Holdings

as of 30.08.2024
NAME % OF FUNDVOLUME
BERKSHIRE HATHAWAY 8,50%
APPLE 4,72%
MICROSOFT 4,44%
AMAZON 4,17%
UNILEVER 3,99%
ROCHE HOLDING 3,95%
ALPHABET 3,93%
NESTLE 3,68%
BLACKROCK 3,56%
NVIDIA 3,12%

Asset allocation

as of 30.08.2024
FUND % OF FUNDVOLUME  
Stocks
 
 
 
 
 
98,46%

Geographic allocation

as of 30.08.2024
FUND % OF FUNDVOLUME  
USA
 
 
 
 
 
66,92%
Switzerland
 
 
 
 
 
9,69%
Holland
 
 
 
 
 
9,34%
France
 
 
 
 
 
6,47%
Great Britain
 
 
 
 
 
1,90%
Germany
 
 
 
 
 
1,86%
Denmark
 
 
 
 
 
1,25%
Japan
 
 
 
 
 
1,03%

Sector allocation

as of 30.08.2024
FUND % OF FUNDVOLUME  
Information Technology
 
 
 
 
 
27,73%
Financials
 
 
 
 
 
16,77%
Consumer Staples
 
 
 
 
 
13,25%
Communication services
 
 
 
 
 
11,88%
Health Care
 
 
 
 
 
11,71%
Consumer Discretionary
 
 
 
 
 
11,63%
Industrials
 
 
 
 
 
5,49%

Objectives and investment policy

At least 85 % of sub-fund's assets are invested in shares or in shares and units of equity target funds. The sub-fund has its assets in shares of issuers with the domicile in at least two sub-regions of developed markets without focusing on one country or sub-region, the exposure to global region of developed markets is at least 80 %, and investments into a single sub-region do not reach 80 % of sub-fund's assets. In addition to shares it can also invest in the units of equity target funds, which invest in the aforementioned shares of companies and by its investment policy correspond with the sub-fund's investment limitations.
 
As an equity subfund, Infond Select is geared toward investors who are looking for investment with higher risk and reward. 

About Sava Infond

 
KBM Infond, Management Company Ltd. is a Slovenian investment fund management company, which was incorporated in year 1993. KBM Infond, Ltd. is part of the Nova KBM, Plc. banking group. Nova KBM, the second largest Slovenian bank.
 
Currently KBM Infond Ltd. manages Infond Umbrella Fund with 18 subfunds, Infond Umbrella Fund with 6 subfunds and Infond Smart Quality mutual fund, with assets in excess of 300 million Euros. This level of assets gives KBM Infond Ltd. the distinction of being one of the largest fund managers in Slovenia with 12,5% market share.
 
As one of the main fund managers in Slovenia, KBM Infond, Ltd. managing profitably a wide range of funds for twenty years. Today, KBM Infond Ltd. is a stable fund management company in the Slovenian market and possesses all the professional standards of practice, conditions, infrastructure and managerial skills necessary for a successful asset management.
 
The funds managed by our company are currently offered and distributed within domestic and some European markets (Austria, Czech Republic and Slovakia). However, we plan to distribute our mutual funds also in other European countries. 
Fund Facts
TYPE OF SUB-FUND
global equity sub-fund of developed markets
FUND INCEPTION DATE
01.08.2007
TRADING REGION
SI
SIZE OF FUND
26,25 mio EUR (as of 30.08.2024)
IBAN
SI56 1010 0005 6547 018
ISIN
SI 0021400344
LEI
9504004K6C28PPEAMT53
GIIN (FATCA)
JEQ640.00021.SF.705
BASE CURRENCY
EUR
CUSTODIAN
Banka Intesa Sanpaolo, d.d.
DEALING
daily
MAX. INITIAL CHARGE
3,00%
MAX. REDEMPTION FEE
0,00 %
MANAGEMENT FEE
2,25%
ONGOING CHARGE
2,36% (for the period 01.01.2023 till 31.12.2023)
RISK AND REWARD PROFILE
4
?
 
Fund Facts
TYPE OF SUB-FUND
global equity sub-fund of developed markets
FUND INCEPTION DATE
01.08.2007
TRADING REGION
SI
SIZE OF FUND
26,25 mio EUR (as of 30.08.2024)
IBAN
SI56 1010 0005 6547 018
ISIN
SI 0021400344
LEI
9504004K6C28PPEAMT53
GIIN (FATCA)
JEQ640.00021.SF.705
BASE CURRENCY
EUR
CUSTODIAN
Banka Intesa Sanpaolo, d.d.
DEALING
daily
MAX. INITIAL CHARGE
3,00%
MAX. REDEMPTION FEE
0,00 %
MANAGEMENT FEE
2,25%
ONGOING CHARGE
2,36% (for the period 01.01.2023 till 31.12.2023)
RISK AND REWARD PROFILE
4
?

Documents

DOCUMENT FILE TYPE
Fact Sheets - August 2024 (pdf, 1.485,21 kb)

Sustainability–related disclosures

The subfund's sustainable standards are promoted in accordance with Article 8 of the SFDR

  • At least 70% of the subfund's assets are investments that promote environmental and social characteristics.
  • The subfund does not have sustainable investment as its objective.
The subfund integrates sustainability into the investment process in accordance with the ESG+ strategy, which includes:
  • Excluding companies that are directly involved in areas considered controversial or harmful from a sustainability perspective.
  • Selecting investments that are assessed as less risky from an ESG perspective by specialized providers of ESG ratings; these ratings apply to both companies and sovereign issuers.
  • Adhering to good governance practices that the companies in which the sub-fund invests must comply with.
The subfund considers the principal adverse impacts (PAI) on sustainability factors. The criteria are defined in the Prospectus with the management rules, in Appendix 1 – Disclosures of subfunds considered as financial products that promote environmental and social characteristics.

Report as at 30.08.2024

Share of aligned investments
Share in % Limit [%]
Share of aligned investments 74,1 > 70
Share of unaligned investmenets 24,4 < 30
No grade 0
Total 98,5
Other 1,5
Corporate sustainability rating
Corporate sustainability rating 43,1
Moody`s Global Score
Score Number of Investments Share in %
60 + 5 8,4
50 - 59 9 21,9
30 - 49 23 54
0 - 29 3 14,1
No grade 0 0
Total 40 98,5
Other 1,5
Moody's ESG GOV Score
ESG GOV Score 50,5
Moody's ESG GOV Score
Score Number of Investments Share in %
60+ 11 20,4
50 - 59 14 39,5
30 - 49 14 34,6
0 -29 1 3,9
No grade 0 0
Total 40 98,5
Other 1,5
Exclusions
Industry exclusions Share in % Revenue/production threshold in %*
Thermal coal 0 10
Tobacco (production and distribution) 0 5
Activities in the field of controversial weapons 0 0
Fossil fuels (Oil sands & Oil shale) 8,5 0
Fossil fuels (Arctic drilling) 0 0
Fossil fuels (Hydraulic fracturing) 0 0
Gambling 0 5
Adult entertainment 0 5
Civilian firearms 0 5
Exceptions** 0
*Revenue/production threshold in % The subfund will not invest in holdings that generate more than the specified percentage of revenue from controversial activities.
**Exceptions: Regardless of the company's primary controversial activity, the subfunds may invest in:
  • sustainable bonds,
  • companies that direct over 20% of their investments (CAPEX) towards activities defined as environmentally sustainable according to the EU Taxonomy..
Controversial behavior
Share in %
Violations of the UNGC and OECD Guidelines 22,6
Fund Facts
TYPE OF SUB-FUND
global equity sub-fund of developed markets
FUND INCEPTION DATE
01.08.2007
TRADING REGION
SI
SIZE OF FUND
26,25 mio EUR (as of 30.08.2024)
IBAN
SI56 1010 0005 6547 018
ISIN
SI 0021400344
LEI
9504004K6C28PPEAMT53
GIIN (FATCA)
JEQ640.00021.SF.705
BASE CURRENCY
EUR
CUSTODIAN
Banka Intesa Sanpaolo, d.d.
DEALING
daily
MAX. INITIAL CHARGE
3,00%
MAX. REDEMPTION FEE
0,00 %
MANAGEMENT FEE
2,25%
ONGOING CHARGE
2,36% (for the period 01.01.2023 till 31.12.2023)
RISK AND REWARD PROFILE
4
?
The value of investments will fluctuate, which will cause fund prices to fall as well as rise and you may not get back the original amount you invested. The level of any income earned by the fund will fluctuate. Past performance is not a guide to future performance. The value and any income arising from any investment referred to on this Site may go down as well as up. In particular you may not get back the full amount invested. Where overseas securities are held the rate of currency exchange may cause the value of the investment to go up as well as down. Any forecast, projection or target is indicative only and is not guaranteed in any way. We accept no liability for any failure to meet such a forecast, projection or target. Important information.
Sava Infond, družba za upravljanje, d.o.o.
Ulica Eve Lovše 7, 2000 Maribor, phone +386 2 229 74 40, fax. +386 2 229 74 89
Graphic and technical implementation BuyITC d.o.o.