ODDO BHF Active Micro Cap CN-EUR

Small Cap ODDO BHF Active Micro Cap CN-EUR Unit CN-EUR - EUR ISIN code : FR0013266277
Rating as of 31 August 2021
Europe Small-Cap Equity
NAV of the fund (million) 83.92 EUR NAV N-1 day 171.91 EUR
NAV at 17/09/2021 170.53 EUR YTD 21.42%
Risk/return scale 1 234567 12-month performance 44.2 %
Annualized performance since inception 14.32 %
The strategy is based on an investment process developed by the “micro and small caps” team. The Fund shall invest between 75% and 100% of its net assets in shares of companies across all sectors, headquartered in the European Union or in the European Economic Area, and with a market capitalisation of between EUR 75 million and EUR 750 million (at the time they are first added to the portfolio). These issuing companies will meet the criteria established for companies to be eligible for the PEA-PME French equity savings plan.The management strategy implemented is a discretionary investment strategy based on stock-picking and a rigorous procedure for selecting stocks. It favours companies whose income growth is above the market average (according to our analysis), is careful to purchase stocks with a reasonable valuation and analyses specific cases such as target companies for mergers and acquisitions.
Investors are reminded that past performance is not a reliable indication of future returns and is not constant over time.

Annual performances (rolling 12 months)

Calendar performance of the fund

NAV track record

ODDO BHF Active Micro Cap CN-EUR
Initial NAV 0.00 EUR
NAV 17/9/2021 170.53EUR

Performance analysis
Data as of

Annualised performance Cumulative performance
1 year 3 years 5 years Since inception YTD 1 month 1 year 3 years 5 years Since inception

Failing sufficient regulatory historical data, past performance cannot be published.

Technical and risk indicators
Data as of

Annualised volatility
Portfolio Benchmark* Annualised Jensen's Alpha Sharpe ratio Information ratio Tracking error Beta Correlation coefficient
1 year
3 years
5 years

Failing sufficient regulatory historical data, past performance cannot be published.

Net Asset Value evolution

* This is a synthetic indicator of risk and return: lower risk means a potentially lower return, and higher risk means a potentially higher return. The risk profile is not constant and may change over time.

Key features

Launch date of the fund 07/08/2017

Launch date of the share class 22/09/2017

Benchmark 100% MSCI Europe Micro Cap Net Return Hedged EUR

Legal structure FCP

ISIN codeFR0013266277

Bloomberg code ODDAMCN FP

Currency EUR

Income allocation Capitalisation

DecimalisationOne-thousandth of a part

Subscription fees 4.00% maximum

Redemption feesnil

Management fees Up to 1.50% (inclusive of tax) of the net assets

Performance fees 20% (inclusive of taxes) of the Fund’s outperformance relative to the benchmark provided that the Fund’s performance is positive.

Transaction fees received by the Management Company Transaction fees are listed in the prospectus and may be applied in addition to the fees shown above.

Management company ODDO BHF AM SAS

Custodian ODDO BHF SCA, France (Paris)

Administration and accounting EFA

Subscriptions/ Redemptions11:15AM, on Wednesday D+2

NAV calculation frequency Weekly

Guillaume CHIEUSSE
Portfolio manager & 23 years of experience
Portfolio manager & 27 years of experience