our use of cookies.

We use cookies that are necessary to make our site work as well as analytics cookie and third-party cookies to monitor our traffic and to personalise content and ads.

Please click “Cookies Settings” for details on how to withdraw your consent and how to block cookies. For more detailed information about the cookies we use and of who we work this see our cookies policy

Necessary cookies:

Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website and cannot be switched off in our systems. You can set your browser to block or alert you about these cookies, but some parts of the site will then not work. The website cannot function properly without these cookies.

Statistic and marketing cookies:

Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information

Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. We work with third parties and make use of third party cookies to make advertising messaging more relevant to you both on and off this website.

Manage cookiesAccept & continue
Accept allSave settings
English
      • lombardodier.com
      close
      insights.
      insights.insights
      equities

      Race against the benchmark to decarbonise portfolios

      May 12, 2025
      Are target net zero portfolios decarbonising more quickly than their equity benchmarks? Discover the results from the team’s latest study. 
      equities

      Race against the benchmark to decarbonise portfolios

      multi-asset

      Will Donald Trump's fiscal plan work?

      May 8, 2025
      On paper, Donald Trump’s fiscal strategy could work. In reality, uncertainties about the payoff from tariffs and spending cuts persist. Will his gamble succeed?
      multi-asset

      Will Donald Trump's fiscal plan work?

      fixed income

      America first to safety first – finding opportunity and shelter in fixed income

      May 7, 2025
      As Donald Trump seeks to rewrite the macro world order, striking the right balance between defensive and opportunistic portfolio positioning is key. 
      fixed income

      America first to safety first – finding opportunity and shelter in fixed income

      All insightsrethinking through the noiseSpecial ReportsInvestor survey: The Next DecadeSharpe thinkingQ3 2024: The value of a contrarian mindsetQ4 2024: Our 2025 investment outlooks Q1 2025: exploiting divergence for investor advantageglossary
      sustainability.
      sustainability.sustainability
      sustainability.
      a CLIC® economy through systems changeour stewardship frameworkour place within the European SFDR
      an overview of EU regulationsustainability at Lombard Odier
      TargetNetZero SimulatorWhy nature?
      investment strategies.
      investment strategies.investment strategies
      EquitiesSustainableRegionalThematic
      Fixed incomeSustainableGlobalRegionalMoney Market
      Alternatives DataEdge Market Neutral DOM Global MacroGlobal Carbon OpportunityLombard Odier Private AssetsPlastic Circularity StrategySustainable Private Credit Transition Materials
      Multi-asset All Roads
      Convertibles Global Convertible Bonds
      investment funds.
      about us.
      about us.about uslombardodier.com
      about us.
      presscareerscontactour clientsinstitutionalwholesale clients
      lombardodier.com
      • investment funds.
      • Equities.
      • PrivilEdge - Moneta Best of France, (EUR) M A

      PrivilEdge
      Moneta Best of France

      (EUR) M A
        ISINLU1725401985

        PrivilEdge - Moneta Best of France, (EUR) M A

        ISINLU1725401985
        funds listsustainability report

        General information

        Morningstar
        Asset ClassEquities
        CategoryEurope
        StrategyHigh Conviction
        Fund base currencyEUR
        Share Class reference currencyEUR
        BenchmarkSBF 120 Net Total Return Index
        Dividend Policyaccumulated
        Total Assets (all classes) in mnEUR 59.9730.04.2025
        Assets (share class) in mnEUR 9.3530.04.2025
        Number of positions3330.04.2025
        TER1.70%30.09.2024

        Documents

        Key Information Document
        English (pdf)
          Prospectus
          Français (pdf)
            Fact Sheet (marketing document)
            English (pdf)

              Risk rating

              Lower riskHigher risk
              1
              1
              2
              2
              3
              3
              4
              4
              5
              5
              6
              6
              7
              7
              Typically lower rewardTypically higher reward
              Past performance is not a guarantee of future results. If the funds are denominated in a currency other than that in which the majority of the investor's assets are held, the investor should be aware that changes in rates of exchange may affect the value of the funds' underlying assets. The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk.
              • Performance & Statistics
              • Highlights
              • Breakdowns
              • Managers
              • Legal information
              • Dealing
              • Security Numbers
              • Prices
              • Documents

              Performance & Statistics

              Rolling 12 months Performance (%)Cumulative performance (%)Annualised performance (%)
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
              Since launch
              • 1 month
              • 3 months
              • 6 months
              • 1 year
              • 3 years
              • 5 years
              • 2025 YTD
              • 2024 YTD
              • 2023 YTD
              • 2022 YTD
              • 2021 YTD
              • 2020 YTD
              • 2019 YTD
              • Since launch
              • Custom
              Export
              pdfjpgpngsvg
              csvxls
              FundBenchmark
              Total Return51.59%52.47%
              Annualized Return6.19%6.28%
              Annualized Volatility17.68%17.44%
              Sharpe Ratio0.300.31
              Downside Deviation11.96%11.38%
              Positive Months53.57%60.71%
              Maximum Drawdown-23.99%-26.56%
              *  Risk-Free Rate 0.88%Target Rate 0.88%
              Calculations based on monthly time series
              Earliest Date: 15.06.2018, Latest date: 08.05.2025
              Fund vs Benchmark
              Correlation0.922
              R20.850
              Alpha0.04%
              Beta0.934
              Tracking Error6.94%
              Information Ratio-0.037

              Key risks

              The following risks may be materially relevant

              but may not always be adequately captured by the synthetic risk indicator and may cause additional loss:


               
              Concentration risk: To the extent that the fund's investments are concentrated in a particular country, market, industry, sector or asset class, the fund may be susceptible to loss due to adverse occurrences affecting that country, market, industry, sector or asset class.
               
              Active management risk: Active management relies on anticipating various market developments and/or security selection. There is a risk at any given time that the fund may not be invested in the highest-performing markets or securities. The fund's net asset value may also decline.
               
              Financial, economic, regulatory and political risks: Financial instruments are impacted by various factors, including, without being exhaustive, the development of the financial market, the economic development of issuers who are themselves affected by the general world economic situation, and economic, regulatory and political conditions prevailing in the relevant country.
               

               

              Highlights

              PrivilEdge - Moneta Best of France is an actively managed UCITS fund launched in June 2018. The sub-fund is actively managed in reference to the SBF 120 Net Total Return index. It is managed by Moneta Asset Management. The all cap fund invests principally, but not exclusively, in French equities. The team uses a fundamental approach to build a portfolio of approximately 40 stocks. They invest in companies with understandable business models and in which they have conviction. Having sound company management is key. Through deep fundamental analysis, the team at Moneta believe they can look beyond the noise of the short term and uncover true quality companies. They like to think outside the box, tend not to follow what is currently fashionable and are often contrarian. They tend to generate their best ideas within small and mid-cap names, and the fund is expected to lean into this area much of the time. It is expected to move between growth and value investments, depending upon where the most compelling opportunities can be found.

              Breakdowns

              March 2025

                Top 10 (in %)

                Ayvens Sa0.00% 7.39%
                Koninklijke Bam Groep Nv0.00% 6.25%
                BNP Paribas SA0.00% 5.49%
                Wendel Se0.00% 4.14%
                Societe Generale SA0.00% 4.12%
                Robertet Sa0.00% 4.07%
                Peugeot Invest Sa0.00% 4.02%
                Compagnie De L'odet Se0.00% 3.82%
                Technip Energies0.00% 3.73%
                Eiffage Sa0.00% 3.57%

                Sectors (in %)

                Industrials0.00% 40.88%
                Financials0.00% 20.07%
                Liquid assets0.00% 7.97%
                Health care0.00% 4.57%
                Information technology0.00% 4.52%
                Materials0.00% 4.07%
                Energy0.00% 3.73%
                Real estate0.00% 3.17%
                Communications & Services0.00% 3.00%
                Consumer staples0.00% 2.95%
                Utilities0.00% 2.69%
                Consumer discretionary0.00% 2.38%

                Countries (in %)

                France0.00% 76.93%
                Netherlands0.00% 9.56%
                European Monetary Union0.00% 5.08%
                Others0.00% 2.89%
                Portugal0.00% 2.69%
                Belgium0.00% 2.12%
                United Kingdom0.00% 0.73%

                Currencies (in %)

                EUR0.00% 99.27%
                GBP0.00% 0.73%

                Managers

                Moneta Asset Management

                Legal information

                General information

                DomicileLuxembourg
                Legal FormSICAV
                Regulatory StatusUCITS
                Registered inBE, CH, DE, ES, FR, GB, IT, LI, LU, NL
                Class launch date15.06.2018
                Close of financial year30 September
                Dividend Policyaccumulated

                Fiscal Information

                DE Investmentsteuergesetz (InvStG)Equity Fund
                AT Investmentfondsgesetz (InvFG)Declared Fund
                UK Reporting StatusNo

                Management Company & Agents

                Management CompanyLombard Odier Funds (Europe) S.A.
                CustodianCACEIS Bank, Luxembourg Branch
                AuditorPricewaterhouseCoopers
                Portfolio valuationCACEIS Bank, Luxembourg Branch

                Dealing

                Dealing

                Subscriptions and redemptions frequency daily
                Subscriptions and redemptions cut-off dayT-1
                Subscriptions and redemptions cut-off time15:00 CET
                Subscriptions and redemptions settlement dateT+2
                NAV valuation pointT
                NAV calculation dayT+1
                NAV calculation frequencydaily
                Minimum InvestmentEUR 3'000
                Management Fee1.20%
                Distribution Fee0.00%
                Performance Fee15% above SBF 120 NetTotal Return Index.

                Security Numbers

                BLOOMBERGPVMFEMA LX
                ISINLU1725401985
                SEDOLBF2WP47
                TELEKURS38931755

                Prices

                Since launch
                • 1 month
                • 3 months
                • 6 months
                • 1 year
                • 3 years
                • 5 years
                • 2025 YTD
                • 2024 YTD
                • 2023 YTD
                • 2022 YTD
                • 2021 YTD
                • 2020 YTD
                • 2019 YTD
                • Since launch
                • Custom
                Export

                Prices over selected period

                LastEUR0.0015.1608.05.2025
                FirstEUR0.0010.0015.06.2018
                HighestEUR0.0015.3615.05.2024
                LowestEUR0.006.8218.03.2020
                * Earliest Date: 15.06.2018, Latest date: 08.05.2025

                Documents

                Reporting

                Fact Sheet (marketing document)
                30.04.2025
                English (pdf)
                  Performance Review
                  31.03.2025
                  English (pdf)

                    Legal Documents

                    Notice to Shareholders
                    12.05.2025
                    Français (pdf)
                      29.01.2025
                      Français (pdf)
                        30.08.2024
                        Français (pdf)
                          12.01.2024
                          Français (pdf)
                            Key Information Document
                            28.01.2025
                            English (pdf)
                              Prospectus
                              01.10.2024
                              Français (pdf)
                                Annual Report
                                30.09.2024
                                English (pdf)
                                  Semi-Annual Report
                                  31.03.2024
                                  English (pdf)
                                    Articles of incorporation
                                    20.05.2019
                                    English (pdf)

                                      Retail investors

                                      Quarterly Newsletter CP
                                      31.03.2025
                                      English (pdf)

                                        insights.

                                        Race against the benchmark to decarbonise portfolios
                                        equitiesTNZ equities
                                        equitiesTNZ equitiesTNZ Fixed Income

                                        Race against the benchmark to decarbonise portfolios

                                        May 12, 2025
                                        Are target net zero portfolios decarbonising more quickly than their equity benchmarks? Discover the results from the team’s latest study. 
                                        Throwaway culture is going out of fashion
                                        equitiesCircular Economy
                                        equitiesCircular EconomyPlastic Circularity Strategy

                                        Throwaway culture is going out of fashion

                                        April 1, 2025
                                        The growing popularity of second-hand fashion is leading to more circularity in retail – an investment opportunity aligned with our strategies. 
                                        How can the net-zero theme add value for investors?
                                        equitiesTNZ equities
                                        equitiesTNZ equities

                                        How can the net-zero theme add value for investors?

                                        March 26, 2025
                                        We discuss why our investment conviction in decarbonisation remains strong and explore how the net zero component added value to our equities strategy in 2024.
                                        Equity markets in 2025: the great reversal
                                        cross assetconvertibles
                                        cross assetconvertiblesAsia high convictionSwiss equitiesGFIOAsia Diversified High YieldAsia Investment gradeAsia value bondsSwiss Franc bondsAll Roadsequitiesfixed incomemulti-asset

                                        Equity markets in 2025: the great reversal

                                        March 20, 2025
                                        The market shift to Europe from the US and to value from growth, amid an uncertain economic backdrop, underlines the value of active investing. 
                                        more insights
                                        • © 2025 Lombard Odier
                                        • Privacy policy
                                        • Asset Management legal information
                                        • Asset Management regulatory disclosures
                                        • Modern slavery statement
                                        • Cookies