Skip to content
Country / language

Country / language

  • Belgium
  • Switzerland

Your profile

Non-professional investor
Alert

A conviction based management approach with limited risk

Products

Products

Fund range

Fund rangeShare / ISIN codeNAVPerf.YTDAnnualized perf.since inceptionPerformance2025Volatility1 yearRisk IndicatorInvestment objectiveFavorites
Short-term bonds
DNCA Invest Sérénité Plus(1)launched on 03/11/2016€111.64as of 11/11/2026+0.61%+1.10%+2.79%1.28%
Absolute return bonds
DNCA Invest Alpha Bonds(1)launched on 14/12/2017€132.71as of 11/11/2026+2.35%+3.23%+4.89%2.41%
DNCA Invest Alpha Total Return(1)(3)-----
Credit
DNCA Invest Credit Conviction(1)launched on 14/04/2008€162.51as of 11/11/2026-0.81%+2.65%+4.61%2.91%
DNCA Invest Financial Credit(1)(3)-----
DNCA Invest SRI High Yield(1)launched on 05/11/2019€109.11as of 11/11/2026-1.82%+1.47%+4.18%2.74%
Convertibles
DNCA Invest Convertibles(1)launched on 17/12/2008€190.21as of 11/11/2026+6.87%+3.65%+10.24%7.77%
DNCA Invest Global Convertibles(1)launched on 01/12/2023€104.47as of 11/11/2026+6.35%+8.27%+12.61%10.61%
Inflation
DNCA Invest Flex Inflation(1)launched on 13/12/2017€116.81as of 11/11/2026+0.42%+1.76%+0.88%3.25%
Growth
DNCA Invest SRI Euro Quality(1)launched on 15/09/2025€263.08as of 11/11/2026+3.75%+4.35%+10.67%14.10%
DNCA Invest SRI Europe Growth(1)launched on 28/12/2012€302.40as of 11/11/2026+9.49%+8.30%-0.03%14.13%
DNCA Invest SRI Norden Europe(1)launched on 02/11/2016€217.62as of 11/11/2026+6.60%+8.06%-6.03%15.08%
Global
DNCA Invest Global New World(1)launched on 03/09/2021€119.77as of 11/11/2026+12.77%+3.49%+3.81%19.41%
European Blend
DNCA Invest AlphaPlay Euroland Equities(1)launched on 17/02/2026€184.12as of 11/11/2026+14.73%+6.87%+20.57%15.59%
DNCA Invest AlphaPlay European Equities(1)(3)launched on 04/06/2026€134.69as of 11/11/2026-+13.64%--
Value
Centifolia(2)launched on 04/10/2002€572.06as of 10/11/2026+14.21%+7.50%+20.04%11.66%
DNCA Invest Value Europe(1)launched on 26/06/2008€384.84as of 11/11/2026+17.02%+7.60%+23.19%11.61%
Absolute return
DNCA Invest One(1)launched on 29/10/2013€108.88as of 11/11/2026-3.99%+0.65%-3.42%6.38%
Small & Mid-Cap
DNCA Actions Euro PME(2)launched on 25/01/2018€1,398.04as of 10/11/2026+10.53%+4.12%+19.00%15.02%
DNCA Invest Archer Mid-Cap Europe(1)launched on 24/06/2016€286.46as of 11/11/2026+8.90%+10.66%+17.07%13.35%
DNCA Invest Explorer Smid Euro(1)launched on 20/05/2025€116.09as of 11/11/2026+7.78%+10.27%-15.21%
Commodities
DNCA Invest Strategic Resources(1)launched on 08/05/2024€119.80as of 10/11/2026-11.03%+6.97%+44.38%27.86%
Multi-asset
DNCA Evolutif PEA(2)launched on 03/08/2006€211.82as of 10/11/2026+1.64%+3.77%+12.92%11.41%
DNCA Invest Eurose(1)launched on 28/09/2007€196.67as of 11/11/2026+1.82%+3.60%+7.81%4.64%
DNCA Invest Evolutif(1)launched on 13/12/2007€222.65as of 11/11/2026-0.27%+4.32%+5.90%11.07%
DNCA Invest Evolutif Balanced(1)(3)-----
DNCA Quadro(2)launched on 13/10/2023€103.81as of 03/11/2026+2.80%+1.57%-7.88%5.00%
Sustain (Art. 9 SFDR)
DNCA Invest Sustain Alterosa(1)launched on 17/12/2018€120.12as of 11/11/2026+4.57%+2.35%+0.90%5.50%
DNCA Invest Sustain Climate(1)launched on 09/02/2021€132.82as of 11/11/2026+11.94%+5.05%+19.07%15.76%
DNCA Invest Sustain Real Estate(1)(3)launched on 21/08/2026€90.75as of 11/11/2026--32.08%--
DNCA Invest Sustain Semperosa(1)launched on 17/12/2018€177.94as of 11/11/2026+8.47%+7.56%+3.75%14.88%
  1. (1) Sub-fund of the SICAV DNCA Invest
  2. (2) Mutual fund governed by French law
  3. (3) For legal reasons, we can not post the performance of this share

Past performance is not an indicator of future performance

Management fees are included in performance. The performances are calculated net of any fees by DNCA FINANCE.

Fund highlight

This is a marketing communication.

  • Fixed income
  • Life insurance

DNCA Invest Alpha Bonds

International Multi-strategies Bonds

SFDR Article 8

The Sub-Fund promotes environmental and social characteristics within the meaning of Article 8 SFDR, but does not have sustainable investment as its objective. The decision to invest should take into account all the characteristics described in the prospectus and the SFDR pre-contractual annex.

Key points

  • A flexible and international management approach with active duration management between [-3; +7].
  • A dynamic allocation leveraging a wide range of fixed income strategies.
  • A strategy aimed at outperforming its benchmark with annualized volatility below 5% under normal market conditions.
View the fund page

Summary risk indicator (SRI)

A share · EUR · accumulation · ISIN: LU1694789451

Managers comments · September 2026

2 minutes

September was marked by a return to volatility and upward pressure on interest rates. This deterioration was fueled by renewed tensions on the conflict front and persistent inflationary pressures against the backdrop of continued robust global growth. Indeed, the latest economic activity data, such as the published PMIs, confirm the positive trend in the economy in both the United States and Europe. Inflation figures, however, even after the revision of the methodology in the U.S., remain too high relative to the targets set by major central banks. These central banks have therefore responded by raising their policy rates (with the exception of the BOE), accelerating the flattening of yield curves as investors now anticipate an aggressive rate-hiking cycle.

The portfolio posted a negative return for the month, impacted primarily by its “real rates” and “yield curve” strategies. Duration was gradually increased from 3 to 3.8 years. Positions at the short end of the German yield curve were strengthened due to market expectations deemed aggressive, but also as part of an overall risk management strategy. The “foreign exchange” strategy continues to contribute positively, as does our defensive stance on the French spread.

Read the full commentary

Fund risks

  • Risk of capital loss
  • Interest-rate risk
  • Risk relating to discretionary management
  • Credit risk
  • Inflation risk
  • Counterparty risk
  • Risk related to investing in speculative securities
  • Risk of investing in derivative instruments as well as instruments embedding derivatives
  • Convertible securities risk
  • Specific Risks linked to Convertible, Exchangeable and Mandatory Convertible Bonds
  • Risk related to exchange rate
  • Liquidity risk
  • High volatility risk
  • Equity risk
  • ESG risk
  • Sustainability risk

The “Fund highlight” selection is an editorial choice made by the Marketing teams. It is not based on a performance ranking or an investment recommendation, and it does not prejudge the suitability of the fund for the situation or objectives of each investor.

Legal information

A conviction driven approach to investing

Since DNCA was set up in 2000, we have pursued a European conviction-driven approach to investing, bringing together experienced professionals to deliver conservative growth solutions for private and institutional investors.

For more than 18 years, we have rigorously created and managed highly effective and internationally recognized investment strategies with a strong focus on minimizing risk.

Trends do not necessarily translate into solid returns

DNCA Investments uses consent cookies for audience measurement purposes in order to produce anonymous statistics. You can object to the use of these cookies by clicking on the "Refuse all" button. For more information, please visit our dedicated page.

For any questions regarding the collection or processing of your personal data, including those collected through cookies, please see our "Your personal data" page or send us your request through its online form.