Lupus alpha Dividend Champions R
Lupus alpha Dividend Champions R
Lupus alpha Dividend Champions offers investors the opportunity to develop an exposure to the European small- and mid-caps asset class with low volatility. The fund is therefore an interesting option for investors who are unwilling or unable to bear the full volatility risk associated with this asset class.
- Participation in robust European small and mid caps with high dividends
- Attractive long-term risk-return profile
- Stock selection carried out by a team of the most experienced small and mid-cap experts in Europe
- Relatively steady cash flow with comparatively low volatility – even in times of crisis
- Concentrated equity portfolio consisting of around 30 stocks
The portfolio management teams draws upon all of Lupus alpha's specialist expertise in the small- and mid-cap segment:
FOCUSED TEAM
... and one of the largest small & mid cap teams in Europe
LONGSTANDING EXPERIENCE
... in the team and an excellent track record since 2001
DETAILED COMPANY KNOWLEDGE
... based on around 1,500 direct and personal company contacts per year
LARGE INVESTMENT UNIVERSE
... with around 2,000 individual stocks – ideal for stock picking to achieve alpha
Dividend strategy for small and mid caps
Lupus alpha Dividend Champions pursues a dividend strategy and invests in European small- and mid-cap companies characterised by steady dividend histories, robust balance sheets and stable business models. The strategy is based on comprehensive analysis and fundamental valuation carried out by Lupus alpha's team of small- and mid-cap experts, who identify quality stocks from an investment universe comprising around 1,000 listed companies.
While dividend strategies are generally limited to the equity market segment for larger listed companies, Lupus alpha Dividend Champions enables investors to combine the potential outperformance of the small- and mid-cap market with the advantages of a dividend strategy.
Small and mid caps have demonstrated their added value for investors in various market phases and make a particularly positive contribution to overall portfolio performance over longer periods. Small and Mid-cap equities offer investors access to a broad and varied investment universe. Many of the companies in this sector have steadily improved their market positioning to become world market leaders, thereby providing a foundation for consistent dividend performance.
Studies show that dividends can comprise up to 70 per cent of the return on an equity investment even in difficult years on the stock markets.
The fund invests in small- and mid-cap European companies characterised by steady dividend payments, robust balance sheets and stable business models. With a concentrated equity portfolio of around 30 stocks, the fund aims to generate relatively steady cash flows with a lower volatility than the benchmark index even in times of crisis.
Experienced fund manager
Fund manager Marcus Ratz is a partner at Lupus alpha and has been with the company since 2001. He has more than 20 years of experience in small & mid cap asset management. Tobias Britsch has many years of experience in small & mid cap asset management.
Performance (gross in EUR)¹:
| from | to | Lupus alpha Dividend Champions R | Stoxx® Europe Total Market Small Net Return Index | |
|---|---|---|---|---|
| 1 month | 30.09.2024 | 31.10.2024 | -3.46 % | -4.61 % |
| 90 days | 02.08.2024 | 31.10.2024 | -0.47 % | -0.51 % |
| 1 year | 31.10.2023 | 31.10.2024 | 11.00 % | 22.23 % |
| 3 years | 29.10.2021 | 31.10.2024 | -22.39 % | -8.01 % |
| 5 years | 31.10.2019 | 31.10.2024 | 6.10 % | 31.21 % |
| this year | 29.12.2023 | 31.10.2024 | -3.02 % | 5.13 % |
| since inception | 29.02.2016 | 31.10.2024 | 52.31 % | 70.89 % |
| since inception p.a. | 29.02.2016 | 31.10.2024 | 4.97 % | 6.37 % |
| 12-month-timeframe (gross) | Lupus alpha Dividend Champions R | Stoxx® Europe Total Market Small Net Return Index |
|---|---|---|
| 31.10.2023 - 31.10.2024 | 11.00 % | 22.23 % |
| 31.10.2022 - 31.10.2023 | -8.54 % | 0.04 % |
| 31.10.2021 - 31.10.2022 | -23.56 % | -24.77 % |
| 31.10.2020 - 31.10.2021 | 58.06 % | 52.88 % |
| 31.10.2019 - 31.10.2020 | -13.34 % | -5.91 % |
| 31.10.2018 - 31.10.2019 | 9.24 % | 9.88 % |
| 31.10.2017 - 31.10.2018 | 1.77 % | -6.08 % |
| 31.10.2016 - 31.10.2017 | 24.10 % | 21.62 % |
Key Statistics³:
| as of | Lupus alpha Dividend Champions R | Stoxx® Europe Total Market Small Net Return Index | |
|---|---|---|---|
| Volatility p.a. | 31.10.2024 | 16.93 % | 16.77 % |
| Distribution | 14.12.2023 | 3.89 € | n.a. |
| Tracking Error | 31.10.2024 | 6.50 % | n.a. |
| Investment Quota | 31.10.2024 | 93.42 % | n.a. |
| Maximum Draw Down | 31.10.2024 | -40.14 % | n.a. |
Top ten holdings as of 31/10/2024
| DCC PLC |
| Dunelm Group Ltd |
| GEA Group AG |
| Glanbia Plc |
| Loomis AB |
| Paradox Interactive AB |
| Pets at Home Grp. Plc |
| Siegfried Holding AG |
| Softcat PLC |
| Vicat SACA |
| Total number of assets: 30 |
| Total weight of top ten: 41.52 % |
Sector allocation as of 31/10/2024
Country allocation as of 31/10/2024
Chances
- Promising upside potential of European small- and mid-cap stocks.
- Participation in fundamental and technical events of individual stocks.
- You can benefit from the deep network that our fund managers foster with small- and mid-cap companies of our investment universe.
- The investment process enhances the security selection and ensures permanent monitoring of risks.
- You can benefit from information advantages that arise from the lower analyst converage of small- and mid-cap companies.
Risks
- Risk of price changes: Experience shows that equities are subject to sharp price fluctuations and thus the risk of price declines. These fluctuations are particularly impacted by the earnings development of the issusing company as well as sector trends and overall economic development.
- Concentration risk: If investment is concentrated on particualr assets or markets, the fund becomes particularly heavily dependent on the perfomrance of these assets or markets.
- Operational risk: The fund can become the the vicitm of fraud, criminal acts or errors by company employees or external third parties. Finally, management of the fund can be negativley impacted by external events such as fires, natural disasters or similar.
- Liquidity risk: If securities are traded in a relatively narrow market segment, it can be difficult to resell them in situations where there is insufficient liquidity.
- Market risk: The performance of financial products depends on the development of the capital markets.
- Currency risk: Changes in exchange rates can affect the price of fund shares.
Current fund data as of 11/29/2024
Lupus alpha Dividend Champions R WKN : A1XDX7 | ISIN: DE000A1XDX79 | |
|---|---|
Currency
| EUR |
Issue price
| 134,83 |
Redemption price
| 128,41 |
Fund volume
| 139,40 Mio. |
Launch date
| 29. February 2016 |
Minimum investment amount
| none |
Distribution frequency
| distribution |
Portfolio managers
| Marcus Ratz, Tobias Britsch |
Performance fee
| 17,5 % |
Administration fee
| 1,7 % |
Subscription fee
| up to 5 % |
Benchmark
| Stoxx® Europe Total Market Small Net Return Index |
Unit price determined
| daily |
Unit redemption possible
| daily |
Fund price publication
| www.fundinfo.com |
Share class
| retail |
Current fund data as of 11/29/2024
Lupus alpha Dividend Champions C WKN : A1JDV6 | ISIN: DE000A1JDV61 | |
|---|---|
Currency
| EUR |
Issue price
| 238,55 |
Redemption price
| 227,19 |
Fund volume
| 139,40 Mio. |
Launch date
| 05. December 2012 |
Minimum investment amount
| 500.000 |
Distribution frequency
| distribution |
Portfolio managers
| Marcus Ratz, Tobias Britsch |
Performance fee
| 20 % |
Administration fee
| 1 % |
Subscription fee
| up to 5 % |
Benchmark
| Stoxx® Europe Total Market Small Net Return Index |
Unit price determined
| daily |
Unit redemption possible
| daily |
Fund price publication
| www.fundinfo.com |
Share class
| institutional |
This fund information is provided for general information purposes. This information is not designed to replace the investor‘s own market research nor any other legal, tax or financial information or advice. The information presented does not constitute an invitation to buy or sell or investment advice. It does not contain all key information required to make important economic decisions and may differ from information and estimates provided by other sources or market participants. We accept no liability for the accuracy, completeness or topicality of this information. All statements are based on our assessment of the present legal and tax situation. All opinions reflect the current views of the portfolio manager and can be changed without prior notice. Full details of our funds and their licenses of distribution can be found in the relevant current sales prospectus and, where appropriate, Key Investor Information Document , supplemented by the latest audited annual report and/or half-year report. The relevant sales prospectus and Key Investor Information Documents prepared in German are the sole legally-binding basis for the purchase of funds managed by Lupus alpha Investment GmbH. You can obtain these documents free of charge from Lupus alpha Investment GmbH, P.O. Box 1112 62, 60047 Frankfurt am Main, Germany, upon request by calling +49 69 365058-7000, by e-mailing service@lupusalpha.de or via our website www.lupusalpha.de. If funds are licensed for distribution in Austria the respective sales prospectus, Key Investor Information Document and the latest audited annual report or half-year report are available from the Austrian paying and information agent UniCredit Bank Austria AG based in Rothschildplatz 1, 1020 Vienna, Austria. Fund units can be obtained from banks, savings banks and independent financial advisors.
Neither this fund information nor its contents or a copy thereof may be amended, reproduced or transmitted to third parties in any way without the prior written consent of Lupus alpha Investment GmbH. By accepting this document, you declare your consent to comply with the aforementioned provisions. Subject to change without notice.
Lupus alpha Investment GmbH
Speicherstraße 49–51
D-60327 Frankfurt am Main
- Source: Lupus alpha; gross performance (BVI method): The gross performance considers all costs incurred at Fund level (e. g. management fee) and assumes reinvestment of any distributions. Costs incurred at customer level such as sales charge and securities account costs are not included. Unless otherwise specified, all indicated performance data show the gross performance. Please note: Past performance is not a reliable indicator the future performance.
- Source: Lupus alpha; the net performance assumes a model calculation based on an invested amount of EUR 1,000, the maximum sales charge and a redemption charge (see master data). It does not include individual costs of the investor, such as a securities account fee. (To this effect, please refer to the price list of your securities account provider.) Please note: Past performance is not a reliable indicator for future performance.
- Volatility is the range of variation of a security price or index around its mean value over a fixed period of time. A security is regarded as volatile if its price fluctuates heavily. The tracking error describes the standard deviation (volatility) between the Fund's performance and the performance of the benchmark index. The higher the tracking error, the more the performance of the Fund deviates from the performance of the benchmark index. The investment ratio means the part of the Fund that is not invested in cash. Beta is a measure of a stock's risk of volatility compared to the overall market. The market's beta coefficient is 1.00. Any stock with a beta higher than 1.00 is considered more volatile than the market, and therefore riskier to hold, whereas a stock with a beta lower than 1.00 is expected to rise or fall more slowly than the market. The maximum drawdown is the largest percentage drop in value in a given period of time. It measures the amount the fund falls from its highest point to its lowest point in the selected timeframe.
- The sales charge is the difference between the sales price and the unit value. The sales charge varies depending on the type of the Fund and the distribution channel and usually covers the advisory and distribution costs. The Distributor will demand the sales charge at its own discretion.
- The management fee is the fee for managing the Fund and taken from the Fund's assets; it is paid to Lupus alpha for the management and administration of the Fund.
- The performance fee is a performance-related remuneration depending on the performance or the achievement of specific objectives such as a better performance compared to a benchmark. The costs may also be levied if a pre-defined minimum performance has been achieved.
- Distributing Funds do not reinvest the generated income, they pay out the income to the investor.
- Morningstar Rating™ Total: © (2019) Morningstar Inc. All Rights Reserved. The information contained herein: 1. is intended for Morningstar and/or its content providers. 2. may not be reproduced or distributed; and 3. their accuracy, completeness or timeliness is not guaranteed. Neither Morningstar nor their content providers are responsible for any damages or losses arising from the use of this information. Ratings related to the previous month.
Summary
The fund invests in attractive dividend stocks within the European small- and mid-cap universe. It promotes environmental and social characteristics in accordance with Article 8 of the EU Disclosure Regulation (Regulation (EU) 2019/2088), but does not aim for sustainable investments. Investments are made in securities selected based on sustainability principles. This involves applying exclusion criteria related to environmental (E), social (S), and governance (G) aspects. The fund does not invest in securities of companies engaged in controversial business sectors (e.g., controversial weapons), that violate international norms (e.g., OECD Guidelines), or have significant adverse impacts on specific sustainability factors (PAIs) (e.g., activities negatively affecting biodiversity-sensitive areas). Additionally, ESG criteria are integrated into the fundamental analysis, and influence on relevant ESG topics is exerted through an active engagement policy (engagement and voting rights).
Sustainability indicators are measured and evaluated based on external ESG data from MSCI. Data gaps are addressed through direct contact with companies or alternative data sources. Lupus alpha has integrated the relevant sustainability aspects of the strategy into its existing due diligence procedures for the selection and monitoring of investments to ensure compliance with the promoted characteristics.
More information is provided in the RTS template of the fund’s annual report, which can be found here.
History of Change
Initial version
