IRIDIUM FLEXIBLE EQUITYLuxembourg
YTD NAV AUM RISK SCALE ISIN
8.89% 133,87 12.049.445€ LU1244564792
 
 

IRIDIUM FLEXIBLE EQUITY SICAV is an investment vehicle for tax optimization that applies a philosophy of portfolio management. Its key features are:

  • Based in Luxembourg, where the financial legal framework is stable and strict. Luxembourg is the first European center for investment funds and the second in the world, after the United States of America.
  • Supervised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg.
  • Aimed at institutional, professional and qualified investors who know the characteristics of the vehicle and invest a minimum of 125,000 euros.
  • Favorable taxation in Luxembourg.
  • No subscription or redemption fees
SUMMARY SHEET
Legal form: SICAV SIF (LUX)
ISIN: LU1244564792
Bloomberg code: ASIFLEA:LX
Investment platforms: Allfunds, Fundsettle, Inversis
Management style: Investment in traditional assets (up to 80% in equities)
Investment horizon: 5 years
Risk scale:
4/7
Minimum investment: 125,000 euros
Liquidity: Daily
Manager: Andbank Asset Management Luxemburg
Custodian: Quintet Private Bank (Europe) S.A.
Advisor: Fimarge SFI S.A.
Auditor: KPMG
Reference currency: Euro
Dividends: No
Benchmark: 20% STOXX 600 + 20% S&P 500 + 20% RF EUR + 40% MSCI WORLD + 30% EUR/USD
Date of first NAV: June 12, 2015
NAV frequency: Daily, on Luxembourg business days
Capital guarantee: No
Management fee: 1.65%
Performance fee: 0%
Risk management fee: 0.10%
Subscription fee: 0%
Redemption fee: 0%
 

  • Multi-market, multi-sectorial and multi-currency management.
  • Small and controllable number of assets.
  • Daily liquidity.
  • Maximum exposure to equities of 80%.
  • Currency exposure management.
  • Fixed income used as a protection.
  • Possibility of total or partial divestment of assets.
  • Without leverage.
  • Risk level of 6 in a 1-to-7 scale.
  • Competitive management fees (1.65%, no success fee).

LASTEST DATA

Date NAV (€)
15-04-2021 133.866
14-04-2021 133.866
13-04-2021 133.695
12-04-2021 133.028
11-04-2021 133.553
10-04-2021 133.553
09-04-2021 133.553
08-04-2021 133.665
07-04-2021 132.646
06-04-2021 133.475