IRIDIUM FLEXIBLE EQUITYLuxembourg
YTD NAV AUM RISK SCALE ISIN
-5.42% 102,54 8.644.700€ 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: KBL European Private Bankers, 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 (€)
28-05-2020 102.542
27-05-2020 102.542
26-05-2020 101.447
25-05-2020 100.705
24-05-2020 99.7345
23-05-2020 99.7345
22-05-2020 99.7345
21-05-2020 99.3571
20-05-2020 99.3571
19-05-2020 98.4804