French Value equities
Following on from the election of Donald Trump, the no vote at the Italian referendum did not trigger the shock that had been expected...quite the contrary. Matteo Renzi’s defeat, which was reasonably priced in by the markets, helped unlock upside on the European equity markets, which ended 2016 close to their highs of the year. Growth and inflation projections are rising worldwide and corporate earnings projections for the Eurozone are confirming their uptrend. Portfolio rotation into risky assets is well under way in the US and is getting started in Europe. Centifolia ended 2016 with a...
5-year annualized performance
Recommended minimum investment horizon
Jean-Charles Mériaux is a graduate of HEC Paris School of Management.
After starting his career at Crédit Foncier de France, he joined Oddo & Cie in 1987. In 1994, he joined LCF Edmond Rothschild Asset Management, where he became a member of the Executive Board and Head of French and European Equities Management. He launched and managed funds Tricolore performance and Saint-Honoré Convertibles.
He joined DNCA Finance as an associate manager in October 2002. He became CEO of DNCA Finance between October 2005 to August 2014 and President between September 2014 and June 2015.
Igor de Maack is a graduate of HEC Paris School of Management and a qualified member of the French financial analysts' association (SFAF).
He also holds a postgraduate degree in International Taxation.
Marie-Claire Mainka is a graduate of the ISG international business school and a qualified member of the SFAF (French Society of Financial Analysts).
She began her career as a financial analyst, spending 10 years at Ferri and then moving to Natwest. She then worked in European equity sales at Citigroup and RBS.
In May 2015, she joined DNCA Finance as an analyst.
|CAC 40 NR||-0.83%||-0.36%||+6.52%||+10.47%||+14.16%||+9.04%||+63.91%||+159.55%||+7.67%|
This fund – which is eligible for the PEA scheme – has a “value” approach applied to French equities. Security selection is oriented towards companies deemed undervalued that have good potential for rising in value. The portfolio's construction highlights defensive equities to reduce risk.
The fund seeks to outperform the CAC 40 calculated with dividends reinvested, over the recommended investment timeframe of five years.
French equities (minimum 75%)
The fund targets clients seeking to invest in the French equity market via French share savings plans (PEA) and who can hold their investment for the recommended investment timeframe.
Pricing : Daily
Fund Legal Type : FCP
Country Of Domicile : FR
Min Subscription Amount :
Min Subscription Shares :
Subscription Fees : 3% max
Performance fee : 0% of the positive performance net of any fees above CAC 40 NR
This fund is eligible for French PEA personal equity plans. Please consult your usual financial advisor for further information.
The above information is not a confirmation of any transaction and does not comprise investment advice. Past performances are not a reliable indicator of future performances. Management fees are included in performances. Access to products and services presented may be restricted regarding certain persons or countries. Tax treatment depends on the individual situation of each investor. For full information regarding strategies and fees, please refer to the prospectus, KIID documents and other regulatory information available on this website or free of charge on demand from the investment management company’s registered offices.