LO Funds (CH)
Swiss Cap (ex
SMI®)

ISINCH0224283082

General information

Morningstar
Asset Class Equities
Category Switzerland
Share Class reference currency CHF
Benchmark SPI Extra TR®
Dividend Policy Distribution
Total Assets (all classes) in mn CHF 266.89 31.03.2020
Assets (share class) in mn CHF 93.69 31.03.2020
Number of positions 37 31.03.2020
TER 0.99% 31.01.2020

Documents

KIID
Prospectus
Fact Sheet (marketing document)
Newsletter IM - Professional

Risk rating

Lower risk Higher risk
1
2
3
4
5
6
7
Typically lower reward Typically higher reward

Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

Performance & statistics

Fund Benchmark
Total Return 664.44% 622.93%
Annualized Return 8.97% 8.72%
Annualized Volatility 18.47% 16.49%
Sharpe Ratio 0.45 0.49
Downside Deviation 13.14% 11.81%
Positive Months 66.55% 66.55%
Maximum Drawdown -66.70% -58.24%
*  Risk-Free Rate 0.67% Target Rate 0.67%
Calculations based on monthly time series
Earliest Date: 02.09.1996, Latest date: 02.04.2020
Fund vs Benchmark
Correlation 0.953
R2 0.908
Alpha -0.01%
Beta 1.067
Tracking Error 5.70%
Information Ratio 0.076

Highlights

LO Funds (CH) - Swiss Cap (ex-SMI ®) is an actively managed portfolio. Its long-only Swiss equity strategy has been in place since September 1996. It invests primarily in small and midcap Swiss equity securities. It seeks to outperform the SPI Extra TR® index (registered trademark of SIX Swiss Exchange AG) over the long-term. The investment approach is bottom-up and based on rigorous fundamental research seeking to identify leading firms with clear competitive advantages, proven management, core competencies and above average growth perspectives. The portfolio is composed of around 35 positions, well balanced between cyclical, growth and value stocks. In periods of a stagnant economic environment, the fund can rebalance a certain proportion of its investments towards larger capitalizations. Risk management is performed by fund managers at a portfolio level, alongside independent teams who manage investment risks and monitor operational risks.

Breakdowns

Top 10 (in %)

Lindt & Sprüngli 0.00%
Partners Group 0.00%
Schindler 0.00%
Swiss Prime Site 0.00%
Sonova 0.00%
Temenos 0.00%
Straumann 0.00%
Baloise 0.00%
Cembra Money Bank 0.00%
Vifor Pharma 0.00%

Sectors (in %)

Financials 0.00%
Industrials 0.00%
Health care 0.00%
Consumer staples 0.00%
Information technology 0.00%
Real Estate 0.00%
Materials 0.00%
Communication services 0.00%
Others (liquid assets incl.) 0.00%
Consumer discretionary 0.00%

Countries (in %)

Switzerland 0.00%
Austria 0.00%
Liquid assets 0.00%

Currencies (in %)

CHF 0.00%

Managers

Johan Utterman Investment Management (Global Equities)
Read more
Fabian Wiederin Investment Management (Swiss Equities)
Damian Burkhardt Investment Management (Swiss Equities)

Security numbers

Dealing

Subscriptions and redemptions frequency Daily
Subscriptions and redemptions cut-off day T
Subscriptions and redemptions cut-off time 12:00 CET
Subscriptions and redemptions settlement date T+2
NAV valuation point T
NAV calculation day T+1
NAV calculation frequency Daily
Minimum Investment One share
Management Fee 0.825%
Distribution Fee 0.00%

Security Numbers

BLOOMBERG LODHSMD SW
ISIN CH0224283082
REUTERS 22428308X.CHE
TELEKURS 22428308

Prices

Export

Prices over selected period

Last CHF 0.00 02.04.2020
First CHF 0.00 02.09.1996
Highest CHF 0.00 19.02.2020
Lowest CHF 0.00 23.10.1996
* Earliest Date: 02.09.1996, Latest date: 02.04.2020

Documents

Professional investors only

Newsletter IM - Professional
29.02.2020

Reporting

Performance Review
29.02.2020
Fact Sheet (marketing document)
29.02.2020

Legal Documents

Prospectus
19.03.2020
Semi-Annual Report
31.01.2020
Key Investor Information Document
16.01.2020
Annual Report
31.07.2019