Political uncertainty dragged down the markets for a large part of 2016, particularly in continental Europe. Overall, and contrary to most projections, economic, financial and technical considerations won out, leading to a spectacular increase in risky assets in the first few days of December.
Over 2016, the EURO STOXX 50 Net Return gained 3.7%, lifted by the rebound of close to 8% over December. Bond markets in the Eurozone were buoyed by massive intervention from the ECB and posted performances close to 3.1% for sovereign bonds, 4.7% for IG corporate debt and 8.7% for speculative-grade...
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.
Philippe Champigneulle graduated as an actuary from the University of Lyons (ISFA).
After starting his career at CDC, he joined Schelcher Prince Finance in 1984, where he occupied various bond manager positions and became head of trading activities in European derivatives and bond markets, before being appointed associate director and risk controller in 2001.
Philippe joined DNCA Finance in May 2005 as product manager and then moved to the fund management team in May 2009.
Romain Grandis, CFA charterholder, holds a degree in civil engineering from the Ecole des Mines and an Actuarial qualification from the ISFA financial science and insurance institute in Lyon.
He began his career at CIC Lyonnaise de Banque in 2004, and in 2005 joined MMA Finance, part of the Covéa group, as a fund manager and quantitative analyst on European equities. In 2010, he joined Covéa Finance, using his quantitative analysis skills across all asset classes. In 2011, Covéa Finance appointed him to manage insurance mandates for the group’s various entities.
Romain joined DNCA Finance in May 2016 as co-fund manager in both the bond and diversified fund management teams.
Adrien Le Clainche holds a master's degree in Financial Management from Paris X Nanterre University.
In October 2010, he joined the rate management team and diversified DNCA Finance.
Baptiste Planchard is a graduate of business school ESC Reims and holds a degree in History.
Following an initial role in Sales trading at Oddo & Cie in 2013, he joined DNCA Finance in July 2014 and is involved in both the bond and diversified fund management teams.
|Composite Index Eurose NR (2)||-0.97%||-0.89%||-1.34%||-0.71%||+3.47%||+2.38%||+39.71%||+102.26%||+3.64%|
This diversified fund seeks to improve the performance by active and defensive management of four categories of assets in the Euro Zone. It offers an alternative to bond funds, convertible bond funds and funds in euros but without any capital guarantee.
Outperform bond funds or euro-denominated investment products Low volatility.
Equities : 0 to 35%
Bonds : 0 to 100%
Convertibles bonds : 0 to 100%
For the investor wishing to diversify and energise his savings in a cautious way.
Pricing : Daily
Fund Legal Type : FCP
Country Of Domicile : FR
Min Subscription Amount :
Min Subscription Shares :
Subscription Fees : 3% max
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.