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      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?
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      Will Donald Trump's fiscal plan work?

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      Dialling up portfolio diversification when uncertainty prevails

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      • investment funds.
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      • LO Selection - The Balanced (CHF) EM D

      LO Selection
      The Balanced (CHF)

      EM D
        ISINLU2643800498

        LO Selection - The Balanced (CHF) EM D

        ISINLU2643800498
        funds listsustainability report

        General information

        Asset ClassMulti-Asset
        CategoryBalanced Profile
        StrategyAsset Allocation
        Fund base currencyCHF
        Share Class reference currencyCHF
        Dividend Policydistribution
        Total Assets (all classes) in mnCHF 277.5130.04.2025
        Assets (share class) in mnCHF 0.1030.04.2025
        Number of positions42431.03.2021
        TER0.69%31.03.2024
        TER Synthetic0.71%30.09.2024

        Documents

        Key Information Document
        English (pdf)
          Prospectus
          Français (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
            • 2025 YTD
            • 2024 YTD
            • Since launch
            • Custom
            Export
            pdfjpgpngsvg
            csvxls
            Fund
            Total Return7.54%
            Annualized Return6.04%
            Annualized Volatility-
            Sharpe Ratio-
            Downside Deviation3.34%
            Positive Months68.75%
            Maximum Drawdown-4.80%
            *  Risk-Free Rate 1.56%Target Rate 1.56%
            Calculations based on monthly time series
            Earliest Date: 13.02.2024, Latest date: 07.05.2025

            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:


             
            Credit risk: A significant level of investment in debt securities or risky securities implies that the risk of, or actual, default may have a material impact on performance. The likelihood of this depends on the credit-worthiness of the issuers.
             
            Operational risk and risks related to asset safekeeping: In specific circumstances, there may be a material risk of loss resulting from human error, inadequate or failed internal systems, processes or controls, or from external events.
             
            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.
             

             

            Highlights

            LO Selection - The Balanced (CHF) is an actively managed balanced portfolio in CHF. It offers a transparent, tax-efficient and cost effective solution to get access to the Private Banking Investment Strategy. The fund can invest globally across all major asset classes in individual securities from our high-conviction research lists as well as the best available funds, whether managed by Lombard Odier or by other investment managers selected by our External Fund selection team. It aims to generate positive returns of 4% p.a above cash over a full business cycle while limiting the shortfall. The fund is well diversified both in term of asset class and instruments whose allocation is determined by the Investment Committee. Risk management is an integral part of the investment process and portfolio construction, performed by fund managers at a portfolio-level, alongside independent teams who manage investment risks and monitor operational risks.

            Breakdowns

            March 2025

              Currencies (in %)

              CHF0.00% 68.04%
              USD0.00% 22.65%
              Others0.00% 4.52%
              JPY0.00% 2.57%
              GBP0.00% 1.28%
              EUR0.00% 0.55%
              RMB0.00% 0.28%
              BRL0.00% 0.11%

              Countries in the Equity Segment (in %)

              USA0.00% 45.66%
              Switzerland0.00% 33.36%
              Europe0.00% 8.02%
              Japan0.00% 5.87%
              Asia ex-Japan0.00% 4.85%
              Others0.00% 2.24%

              Industries in the Equity Segment (in %)

              Health care0.00% 18.48%
              Financials0.00% 17.35%
              Information technology0.00% 16.90%
              Industrials0.00% 10.95%
              Consumer staples0.00% 9.31%
              Consumer discretionary0.00% 9.30%
              Telecommunications0.00% 6.08%
              Materials0.00% 5.64%
              Others0.00% 2.35%
              Energy0.00% 2.34%
              Utilities0.00% 1.30%

              Assets (in %)

              Equities0.00% 43.94%
              Bonds0.00% 32.14%
              Alternatives0.00% 16.03%
              Liquid assets0.00% 4.74%
              Gold0.00% 3.16%

              Managers

              Cyril CaillaultInvestment Solutions (Discretionary Portfolio Management)
              Read more
              Cyril Caillault is a cross-asset portfolio manager in the discretionary portfolio management team of the Bank and is a member of the asset allocation investment committee. He joined the Lombard Odier Group in December 2009 as Head of Quantitative Portfolio Management within Lombard Odier Investment Managers' (LOIM) Fixed Income & Currencies Group. Prior to joining LOIM, Cyril was a fixed income quantitative portfolio manager responsible for the quantitative strategies and was promoted to head of Fixed income and Currencies quantitative strategies following the merger with ABN AMRO Asset Management in 2008. He began his career as a quantitative analyst at Dexia Crédit Local in 2001, developing models on interest rates and asset allocation. Cyril earned a Ph.D in economics and management from Ecole Normale Supérieure de Cachan (France) in 2005 where he developed quantitative techniques to compute risk measures (Expected Shortfall and Value at Risk). He also holds a master’s degree in mathematical finance from the University of Reims (France) and is the author of many professional and academic publications.
              Paul BésangerInvestment Solutions (Discretionary Portfolio Management)
              Read more
              Paul Bésanger is a portfolio manager and quantitative analyst with a focus on asset allocation. He manages the Lombard Odier Asset Allocation Funds (Private Bank) and is a member of the Bank’s investment committee. He joined Lombard Odier’s graduate program in 2010 and gained experience in portfolio advisory, fixed income advisory and investment risk. Paul holds an MBA from the University of Chicago Booth School of Business and is an alumni of the University of St. Gallen (HSG). He is a CFA Charterholder.

              Legal information

              General information

              DomicileLuxembourg
              Legal FormSICAV
              Regulatory StatusUCITS
              Registered inCH, LU
              Class launch date13.02.2024
              Close of financial year30 September
              Dividend Policydistribution
              - Distribution dateNovember
              - Last dividend paid  (27.11.2024) CHF 0.43

              Fiscal Information

              DE Investmentsteuergesetz (InvStG)Other Funds
              AT Investmentfondsgesetz (InvFG)Non-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-2
              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 or equivalent
              Management Fee0.30%
              Distribution Fee0.00%

              Security Numbers

              ISINLU2643800498
              SEDOLBL54N26
              TELEKURS128012720

              Prices

              Since launch
              • 1 month
              • 3 months
              • 6 months
              • 1 year
              • 2025 YTD
              • 2024 YTD
              • Since launch
              • Custom
              Export

              Prices over selected period

              LastCHF0.00107.1107.05.2025
              FirstCHF0.0099.6013.02.2024
              HighestCHF0.00112.5913.02.2025
              LowestCHF0.0099.6013.02.2024
              * Earliest Date: 13.02.2024, Latest date: 07.05.2025

              Documents

              Reporting

              Performance Review
              31.03.2025
              English (pdf)

                Legal Documents

                Notice to Shareholders
                17.04.2025
                Français (pdf)
                  29.01.2025
                  Français (pdf)
                    03.01.2025
                    Français (pdf)
                      29.07.2024
                      Français (pdf)
                        02.02.2024
                        Français (pdf)
                          Prospectus
                          18.03.2025
                          Français (pdf)
                            Key Information Document
                            28.01.2025
                            English (pdf)
                              Annual Report
                              30.09.2024
                              English (pdf)
                                Semi-Annual Report
                                31.03.2024
                                English (pdf)
                                  Articles of incorporation
                                  20.05.2019
                                  English (pdf)

                                    insights.

                                    Will Donald Trump's fiscal plan work?
                                    multi-assetAll Roads
                                    multi-assetAll Roads

                                    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?
                                    Dialling up portfolio diversification when uncertainty prevails
                                    multi-assetAll Roads
                                    multi-assetAll Roads

                                    Dialling up portfolio diversification when uncertainty prevails

                                    May 1, 2025
                                    Uncertainty heightens the need for diversification. Historically, a risk-based solution has shown stronger diversification than a 50/50 approach. 
                                    Will US dollar strength give way to the euro?
                                    multi-assetAll Roads
                                    multi-assetAll Roads

                                    Will US dollar strength give way to the euro?

                                    April 24, 2025
                                    Superior US productivity versus Europe boosted the US dollar over the last decade, but is this long-term trend about to reverse?
                                    Addressing uncertainty through risk-based portfolio management
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                                    Addressing uncertainty through risk-based portfolio management

                                    April 15, 2025
                                    The investment techniques to handle uncertainty differ from those required by rising risk: what are the implications for multi-asset investors?
                                    more insights
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