NN (L) Patrimonial Defensive - P Dis EUR
Sub-fund of NN (L) Patrimonial (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Th e fund is a fund of funds and invests primarily in a diversified international portfolio of equity and fixed income funds (funds that invest in either stocks or fixed income instruments). Also other financial instruments can be used to achieve the investment objectives. The Fund may also invest directly, up to 20% of its net assets, in mainland China via Hong-Kong Shanghai Stock Connect which is the mutual market access programme through which investors can deal in selected securities. The fund is actively managed against an investment profile of 75% bonds denominated in Euro (benchmark Barclays Euro Aggregate) and 25% global stocks (benchmark MSCI World Net). Measured over a period of several years we aim to beat the performance of the combined benchmark. We put an accent on stable capital growth. The fund strives to add value via three approaches: (1) Selection within and between stocks and bonds, (2) Selection in a diverse set of NN Investment Partners investment funds (3) Decide on portfolio diversification and risk management. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund aims at providing you with a regular dividend.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Bronze
Bronze
Risk and reward profile
3
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 13/12/20191861.92
Morningstar categoryEUR Cautious Allocation - Global
CurrencyEUR
Distribution statusDistributing
ISINLU0119197076
Inception Date15/07/1994
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.49% of which 0.72% is paid by the Fund Manager to MeDirect
Fund management company
AddressNN Investment Partners BV Schenkkade 65, 2595 AS, Den Haag Den Haag 2509 LL Netherlands
Manager NameSiu Kee Chan
Manager Start Date30/06/2008
Websitehttps://www.nnip.com
Total Net Assets (mil)744.06 EUR (30/11/2019)
UCITSYes
AdministratorBrown Brothers Harriman (Lux) SCA

Legal Documents

Prospectus
en 01/06/2019
Annual Report
en 30/09/2018
Semi Annual Report
en 31/03/2019
Morningstar Report
14/12/2019

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year8.38%13/12/2019
3 years2.31%13/12/2019
5 years2.95%13/12/2019
10 years4.52%13/12/2019
Since launch4.06%13/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/20199.59%
1 month0.64%
3 months0.51%
6 months3.24%
Quarterly Returns
Q 1Q 2Q 3Q 4
20194.53%2.52%2.50%-
2018-1.14%1.00%0.29%-3.43%
20170.01%-0.73%0.46%1.12%
20160.02%1.44%1.79%0.92%
20156.45%-4.34%-1.41%1.66%
Dividend
Date ex dividendGross dividendPayment Date
16/12/20192.0019/12/2019
14/12/20183.9519/12/2018
14/12/20171.0519/12/2017
14/12/20164.0019/12/2016
14/12/201512.1015/12/2015
15/12/20148.4516/12/2014
16/12/201319.3517/12/2013

Asset Allocation
% Long% Short% Net Assets
Stock27.28%6.04%21.24%
Bond102.71%45.18%57.52%
Cash22.33%1.31%21.02%
Other2.99%2.78%0.21%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
4.903.534.36
Sharpe Ratio
1.520.830.71
Sortino Ratio
3.171.541.15
Positive Months8.0021.0034.00
Negative Months4.0015.0026.00
Worst Month-2.04-2.04-3.11
World Regions
Region%
United States14.53
Eurozone2.83
Europe - ex Euro2.30
United Kingdom1.61
Japan1.37
Asia - Emerging0.73
Asia - Developed0.40
Europe - Emerging0.23
Latin America0.21
Australasia0.14
Africa0.07
Canada0.05
Middle East0.03
Stock Sector Weighting
Sector% of Equity
Technology5.62
Financial Services4.38
Consumer Defensive3.27
Consumer Cyclical3.05
Healthcare2.92
Industrials2.08
Basic Materials0.82
Energy0.80
Communication Services0.60
Real Estate0.52
Utilities0.39
Top 10 Holdings
HoldingSectorCountry% of Assets
US 10 Year Note (CBT) Dec19 19/12/2019United States4.38
Irs R00.00per6m 08/22/29 Deutdeff Long 22/08/2029Germany3.57
Irs R00.00per6m 08/22/29 Gsilgb2x Long 22/08/2029United Kingdom2.80
Irs R00.00per6m 08/22/29 Gsilgb2x Long 22/08/2029United Kingdom2.65
Euro BUND Future Dec19 06/12/2019Germany2.25
France (Republic Of) 2% 25/05/2048France2.14
Euro Schatz Dec19 06/12/2019Germany2.00
Italy (Republic Of) 3.85% 01/09/2049Italy1.73
Italy (Republic Of) 4.75% 01/09/2021Italy1.47
Msci Cons Staples Dec19 United Kingdom1.41
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
1,861.92
Closing Price
All key information and documents must be reviewed before being able to Invest.