Investment Strategy

Tikehau SubFin Fund aims to outperform the Reference Indicator (50% ICE BofA Contingent Capital Index (hedged to EUR) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index) on an annualized basis, gross of management fees and net of share classes specific management fees, over a 3-year investment horizon, by investing across the entire spectrum of subordinated financial bonds, mainly in the eurozone.

*The Sub-Fund is is actively managed and refers to a benchmark indicator exclusively as an ex-post performance indicator and, where relevant, for the purpose of calculating the performance fee. The Sub-Fund's management style will never consist in tracking the composition of a benchmark index.The benchmark index used may differ for non-euro share classes. Please refer to the prospectus for further information.

Synthetic Risk Indicator

1 2 3 4 5 6 7

Lower risk
Potentially lower return
Higher risk
Potentially higher return

No data available on this share class

Managers

Benjamin Pesquier, Laurent Calvet

Recommended Holding Period

3 years

ISIN Code

LU1585264333

Bloomberg

TIKSFUR LX Equity

SFDR Classification

8

Past performance is no indication or guarantee of future performance.

Risk profile

  • Risk of capital loss
  • Liquidity risk
  • Credit risk
  • Counterparty risk
  • Sustainability risk

For a full and detailed description of all risks, please refer to the Fund’s prospectus. 
The occurrence of any of the risks may result in a decrease in the net asset value of the Fund.

ANNUAL PERFORMANCE

ANNUAL PERFORMANCE

2024

2024

Tikehau SubFin Fund RS-Acc-USD-H

12.0%

12.0%

Prospectus index

10.7%

10.7%

ROLLING PERFORMANCE

ROLLING PERFORMANCE

1 year

YTD

18 months

3 months

Inception

1 month

6 months

1 year

YTD

18 months

3 months

Inception

1 month

6 months

8.8%

7.6%

15.1%

1.3%

30.3%

0.1%

4.5%

8.8%

7.6%

15.1%

1.3%

30.3%

0.1%

4.5%

Past performance does not predict future results, displayed net of management fees in Fund’s reference currency (according to the currency of the State of residence of the investors, the returns may increase or decrease as a result of currency fluctuations). The achievement of the investment objective is not guaranteed.

The index shown is used exclusively as an ex post performance indicator and, where applicable, to calculate the performance fee, and does not constitute the benchmark for the fund, which is managed on an active, dynamic and discretionary basis.

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor.
The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted.
The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average and best performance of the product over the last 10 years.

Recommended holding period : 3 years

Example of an investment : 10,000 USD

IF YOU EXIT AFTER 1 YEAR

IF YOU EXIT AFTER 3 years

Minimum

THERE IS NO MINIMUM GUARANTEED RETURN. YOU COULD
LOSE ALL OR PART OF YOUR INVESTMENT.

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5276.25 USD

IF YOU EXIT AFTER 3 years

6444.22 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.24 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10479.48 USD

IF YOU EXIT AFTER 3 years

10571.91 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

4.79 %

IF YOU EXIT AFTER 3 years

1.87 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

14157.81 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

12.29 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5277.88 USD

IF YOU EXIT AFTER 3 years

6444.57 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.22 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10327.05 USD

IF YOU EXIT AFTER 3 years

10574.82 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

3.27 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

13187.75 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

9.66 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5277.88 USD

IF YOU EXIT AFTER 3 years

6444.57 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.22 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10327.05 USD

IF YOU EXIT AFTER 3 years

10574.82 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

3.27 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

13187.75 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

9.66 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5277.88 USD

IF YOU EXIT AFTER 3 years

6444.57 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.22 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10327.05 USD

IF YOU EXIT AFTER 3 years

10574.82 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

3.27 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

13187.75 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

9.66 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.86 USD

IF YOU EXIT AFTER 3 years

6445.69 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.17 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10249.91 USD

IF YOU EXIT AFTER 3 years

10574.87 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

2.50 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

12155.38 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

6.72 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.86 USD

IF YOU EXIT AFTER 3 years

6445.69 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.17 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10249.91 USD

IF YOU EXIT AFTER 3 years

10574.87 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

2.50 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

12155.38 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

6.72 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5283.21 USD

IF YOU EXIT AFTER 3 years

6445.79 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.17 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10245.48 USD

IF YOU EXIT AFTER 3 years

10575.43 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

2.45 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

12056.33 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

6.43 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5279.51 USD

IF YOU EXIT AFTER 3 years

6445.08 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10170.75 USD

IF YOU EXIT AFTER 3 years

10576.09 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.71 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5279.51 USD

IF YOU EXIT AFTER 3 years

6445.08 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10170.75 USD

IF YOU EXIT AFTER 3 years

10576.09 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.71 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5279.51 USD

IF YOU EXIT AFTER 3 years

6445.08 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10170.75 USD

IF YOU EXIT AFTER 3 years

10576.09 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.71 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5279.51 USD

IF YOU EXIT AFTER 3 years

6445.08 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10170.75 USD

IF YOU EXIT AFTER 3 years

10576.09 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.71 %

IF YOU EXIT AFTER 3 years

1.88 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5280.29 USD

IF YOU EXIT AFTER 3 years

6445.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10150.81 USD

IF YOU EXIT AFTER 3 years

10629.93 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.51 %

IF YOU EXIT AFTER 3 years

2.06 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5280.29 USD

IF YOU EXIT AFTER 3 years

6445.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10150.81 USD

IF YOU EXIT AFTER 3 years

10629.93 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.51 %

IF YOU EXIT AFTER 3 years

2.06 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5280.29 USD

IF YOU EXIT AFTER 3 years

6445.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.20 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10150.81 USD

IF YOU EXIT AFTER 3 years

10629.93 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.51 %

IF YOU EXIT AFTER 3 years

2.06 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.63 USD

IF YOU EXIT AFTER 3 years

6446.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10132.81 USD

IF YOU EXIT AFTER 3 years

10758.40 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.33 %

IF YOU EXIT AFTER 3 years

2.47 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.63 USD

IF YOU EXIT AFTER 3 years

6446.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10132.81 USD

IF YOU EXIT AFTER 3 years

10758.40 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.33 %

IF YOU EXIT AFTER 3 years

2.47 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.63 USD

IF YOU EXIT AFTER 3 years

6446.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10132.81 USD

IF YOU EXIT AFTER 3 years

10758.40 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.33 %

IF YOU EXIT AFTER 3 years

2.47 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.63 USD

IF YOU EXIT AFTER 3 years

6446.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10132.81 USD

IF YOU EXIT AFTER 3 years

10758.40 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.33 %

IF YOU EXIT AFTER 3 years

2.47 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.87 USD

IF YOU EXIT AFTER 3 years

6446.33 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10128.71 USD

IF YOU EXIT AFTER 3 years

10763.84 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.48 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5283.60 USD

IF YOU EXIT AFTER 3 years

6446.03 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.16 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.29 USD

IF YOU EXIT AFTER 3 years

10794.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.58 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5283.60 USD

IF YOU EXIT AFTER 3 years

6446.03 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.16 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.29 USD

IF YOU EXIT AFTER 3 years

10794.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.58 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5283.60 USD

IF YOU EXIT AFTER 3 years

6446.03 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.16 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.29 USD

IF YOU EXIT AFTER 3 years

10794.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.58 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5283.60 USD

IF YOU EXIT AFTER 3 years

6446.03 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.16 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.29 USD

IF YOU EXIT AFTER 3 years

10794.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.58 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5281.56 USD

IF YOU EXIT AFTER 3 years

6445.53 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.28 USD

IF YOU EXIT AFTER 3 years

10806.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.62 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5281.56 USD

IF YOU EXIT AFTER 3 years

6445.53 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.62 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7854.10 USD

IF YOU EXIT AFTER 3 years

8550.06 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.46 %

IF YOU EXIT AFTER 3 years

-5.09 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10129.28 USD

IF YOU EXIT AFTER 3 years

10806.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.29 %

IF YOU EXIT AFTER 3 years

2.62 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12445.36 USD

IF YOU EXIT AFTER 3 years

11723.01 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.45 %

IF YOU EXIT AFTER 3 years

5.44 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.25 USD

IF YOU EXIT AFTER 3 years

6448.23 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.61 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8580.13 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10140.37 USD

IF YOU EXIT AFTER 3 years

10864.98 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.40 %

IF YOU EXIT AFTER 3 years

2.80 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.19 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.25 USD

IF YOU EXIT AFTER 3 years

6448.23 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.61 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8580.13 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10140.37 USD

IF YOU EXIT AFTER 3 years

10864.98 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.40 %

IF YOU EXIT AFTER 3 years

2.80 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.19 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.23 USD

IF YOU EXIT AFTER 3 years

6448.21 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.61 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8580.12 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10140.38 USD

IF YOU EXIT AFTER 3 years

10883.09 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.40 %

IF YOU EXIT AFTER 3 years

2.86 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.20 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5282.10 USD

IF YOU EXIT AFTER 3 years

6448.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.61 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8580.12 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10145.28 USD

IF YOU EXIT AFTER 3 years

10911.61 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.45 %

IF YOU EXIT AFTER 3 years

2.95 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.20 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5281.55 USD

IF YOU EXIT AFTER 3 years

6448.04 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.18 %

IF YOU EXIT AFTER 3 years

-13.61 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.84 USD

IF YOU EXIT AFTER 3 years

8481.50 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-5.34 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10149.37 USD

IF YOU EXIT AFTER 3 years

10943.45 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.49 %

IF YOU EXIT AFTER 3 years

3.05 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.21 USD

IF YOU EXIT AFTER 3 years

11760.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.93 USD

IF YOU EXIT AFTER 3 years

7611.17 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.15 %

IF YOU EXIT AFTER 3 years

-8.70 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8368.42 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-5.76 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10154.98 USD

IF YOU EXIT AFTER 3 years

10962.79 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.55 %

IF YOU EXIT AFTER 3 years

3.11 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.20 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5284.08 USD

IF YOU EXIT AFTER 3 years

7694.98 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-47.16 %

IF YOU EXIT AFTER 3 years

-8.36 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.85 USD

IF YOU EXIT AFTER 3 years

8242.90 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-6.24 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10163.04 USD

IF YOU EXIT AFTER 3 years

10980.93 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.63 %

IF YOU EXIT AFTER 3 years

3.17 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.20 USD

IF YOU EXIT AFTER 3 years

11760.27 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

5685.43 USD

IF YOU EXIT AFTER 3 years

7760.10 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-43.15 %

IF YOU EXIT AFTER 3 years

-8.11 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.84 USD

IF YOU EXIT AFTER 3 years

8107.92 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-6.75 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10175.05 USD

IF YOU EXIT AFTER 3 years

10995.34 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.75 %

IF YOU EXIT AFTER 3 years

3.21 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.21 USD

IF YOU EXIT AFTER 3 years

11760.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

6408.06 USD

IF YOU EXIT AFTER 3 years

7779.70 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-35.92 %

IF YOU EXIT AFTER 3 years

-8.03 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.84 USD

IF YOU EXIT AFTER 3 years

8580.11 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10183.42 USD

IF YOU EXIT AFTER 3 years

11002.57 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.83 %

IF YOU EXIT AFTER 3 years

3.24 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.21 USD

IF YOU EXIT AFTER 3 years

11760.28 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.55 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

6405.74 USD

IF YOU EXIT AFTER 3 years

7779.16 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-35.94 %

IF YOU EXIT AFTER 3 years

-8.03 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.84 USD

IF YOU EXIT AFTER 3 years

8580.11 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-4.98 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10189.86 USD

IF YOU EXIT AFTER 3 years

11008.64 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

1.90 %

IF YOU EXIT AFTER 3 years

3.26 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.22 USD

IF YOU EXIT AFTER 3 years

11799.23 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

5.67 %

Stress Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

6404.01 USD

IF YOU EXIT AFTER 3 years

7779.47 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-35.96 %

IF YOU EXIT AFTER 3 years

-8.03 %

Unfavourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

7864.84 USD

IF YOU EXIT AFTER 3 years

8339.67 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

-21.35 %

IF YOU EXIT AFTER 3 years

-5.87 %

Moderate Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

10201.95 USD

IF YOU EXIT AFTER 3 years

11028.82 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

2.02 %

IF YOU EXIT AFTER 3 years

3.32 %

Favourable Scenario

WHAT YOU MIGHT GET BACK AFTER COSTS

IF YOU EXIT AFTER 1 YEAR

12456.22 USD

IF YOU EXIT AFTER 3 years

12048.94 USD

AVERAGE RETURN EACH YEAR

IF YOU EXIT AFTER 1 YEAR

24.56 %

IF YOU EXIT AFTER 3 years

6.41 %

This table shows the money you could get back over 3 under different scenarios, assuming that you invest 10,000.00 CHF.
The scenarios shown illustrate how your investment could perform. You can compare them with the stress scenarios for other products. The stress scenario shows what you might get back in extreme market circumstances.

LEGAL FORM

Sub-Fund of the Luxembourg SICAV Tikehau Fund

REFERENCE CURRENCY

USD

ALLOCATION OF RESULTS

Accumulation

AMF CLASSIFICATION

N/A

MINIMUM OF SUBSCRIPTION

USD 10 000

CENTRALISATION OF SUBSCRIPTION AND REDEMPTION ORDERS

Daily before 12:00 pm (Luxembourg time)

SUBSCRIPTION FEE ACCRUING TO THE FUND

None

SUBSCRIPTION FEE NOT ACCRUING TO THE FUND

1% maximum

REDEMPTION FEE NOT ACCRUING TO THE FUND

None

REDEMPTION FEE RETAINED BY THE FUND

None

SETTLEMENT OF SUBSCRIPTIONS AND REDEMPTIONS

D+2 (working days)

Gates

In the event of exceptional circumstances and when in investors' interest, the Management Company can invoke a gates mechanism with a trigger of 10%.

Swing Pricing

N/A

MANAGEMENT FEES

1.10% maximum

PERFORMANCE FEES

15% of the performance over the Reference Indicator 50% ICE BofA Contingent Capital Index (hedged to USD) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index (hedged to USD), net of management fees

OTHER ADMIN FEES

None

The table is intended to present the main characteristics of the Fund, and therefore does not provide an exhaustive view of information required to make a final investment decision (in particular, all fees and costs that may be charged to the investor). This information is featured in the Fund's prospectus and KID, available in the Documents tab.

Sustainability

File Name

Publication Date

File Type

SFDR Article 10 website disclosure - Tikehau SubFin Fund - EN - 30.04.2025
30 April 2025
30 April 2025
PDF
SFDR pre contractual documentation - Tikehau SubFin Fund - EN - 28.04.2025
28 April 2025
28 April 2025
PDF
SFDR periodic report - Tikehau SubFin Fund - EN - 04.07.2025
04 July 2025
04 July 2025
PDF
KIDs (Key Investor Documents)

File Name

Publication Date

File Type

KID - Tikehau SubFin Fund - RS-Acc-USD-H - CH-EN - 21.03.2025
21 March 2025
21 March 2025
PDF
KID - Tikehau SubFin Fund - RS-Acc-USD-H - DE - 21.03.2025
21 March 2025
21 March 2025
PDF
KID - Tikehau SubFin Fund - RS-Acc-USD-H - EN - 21.03.2025
21 March 2025
21 March 2025
PDF
KID - Tikehau SubFin Fund - RS-Acc-USD-H - ES - 21.03.2025
21 March 2025
21 March 2025
PDF
KID - Tikehau SubFin Fund - RS-Acc-USD-H - IT - 21.03.2025
21 March 2025
21 March 2025
PDF
Prospectus

File Name

Publication Date

File Type

Prospectus - Tikehau Fund - CH-EN - 28.04.2025
28 April 2025
28 April 2025
PDF
Prospectus - Tikehau Fund - EN - 28.04.2025
28 April 2025
28 April 2025
PDF
Notice to Investors

File Name

Publication Date

File Type

Notice To Investors - Tikehau SubFin Fund - DE - 24.04.2025
24 April 2025
24 April 2025
PDF
Notice To Investors - Tikehau SubFin Fund - EN - 24.04.2025
24 April 2025
24 April 2025
PDF
Notice To Investors - Tikehau SubFin Fund - ES - 24.04.2025
24 April 2025
24 April 2025
PDF
Notice To Investors - Tikehau SubFin Fund - IT - 24.04.2025
24 April 2025
24 April 2025
PDF
Notice To Investors - Tikehau SubFin Fund - NL - 24.04.2025
24 April 2025
24 April 2025
PDF
Newsletters

File Name

Publication Date

File Type

Newsletter - Tikehau SubFin Fund - RS-Acc-USD-H - EN - 28.11.2025
28 November 2025
28 November 2025
PDF
Documentation

File Name

Publication Date

File Type

Annual Report - Tikehau Fund - EN - 29.12.2023
29 December 2023
29 December 2023
PDF
Semi Annual Report - Tikehau Fund - EN - 30.06.2025
30 June 2025
30 June 2025
PDF
Share Class Listing - Tikehau Fund - EN - 18.12.2025
18 December 2025
18 December 2025
PDF