Heptagon European Focus Equity Fund

Latest Nav
177.57
Date of Latest NAV
14 January 2021
ISIN
IE00BPT34C47
Currency
EUR
Benchmark
MSCI Europe NR EUR
Category
Europe Large-Cap Growth Equity
Investment Style
Large Growth
Fund Size
EUR61m

INVESTMENT OBJECTIVES

The Fund aims to deliver long-term capital appreciation by investing in European equities.

The Fund employs a high conviction, bottom-up, low turnover, research driven strategy with a focus on companies that exhibit sustainable long- term growth. Rigorous fundamental analysis is utilised to identify companies believed to have intrinsic value greater than market valuations.

ESG considerations are essential to the investment process, the Fund does not invest in areas such as gambling, weapons, or tobacco and engages in active dialogue with companies to foster good ESG practices and improve the sustainability profile of companies in the long-term. The Fund also avoids commodity or energy stocks and does not generally invest in purely financial sectors as these are deemed to be closely integrated with a slow-growing economy. The Fund favours large-capitalised stocks with adequate free-float liquidity and more concentrated business models over those widely diversified. Christian Diebitsch joined Heptagon in 2014 and has been managing European Equity funds with the same investment style since 2007.

Key stats

Investment Team Location

London, UK

Active/Passive

Active with reference to a benchmark

Benchmark

MSCI Europe NR EUR

Fund Size

EUR61m

Fund Launch

26 August 2014

Share Class Launch

02 October 2014

Share Class CCY

EUR

Management Fee

1.15%

Min. Investment

EUR2,000,000

Fund Type

UCITS

Domicile

Ireland

Depositary

BBH Trustee Services (Ireland) Ltd

Auditor

Grant Thornton

Dealing

Daily by 14:00 Irish Time

Subscriptions

T+3

Redemptions

T+5

Risk Management

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Lower RiskHigher Risk

Performance

Past performance is no guide to future performance and the value of investment and income from them can fall as well as rise.

Growth Of Investment

to
Frequency

Webcast

Heptagon European Focus Equity Fund Q4 2020 Webcast

Top Ten Holdings

As of 31 December 2020
NameSectorCountryWeight %
1Tomra Systems AsaIndustrialsNorway7.5
2Zalando SeConsumer DiscretionaryGermany7.3
3Asml Holding NvInformation TechnologyNetherlands6.5
4Eurofins Scientific SeHealth CareFrance5.2
5Lonza Group LtdHealth CareSwitzerland5.0
6Adidas AgConsumer DiscretionaryGermany4.8
7Novo Nordisk A/S BHealth CareDenmark4.5
8Chocoladefabriken Lindt & Spruengli AgConsumer StaplesSwitzerland4.4
9Dassault Systemes SeInformation TechnologyFrance4.4
10Coloplast A/S BHealth CareDenmark4.4

Disclaimers

Heptagon Capital Limited, Heptagon Capital LLP and its Partners disclaim any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omissions from, these materials. Certain assumptions have been made, and/or parameters set, in the preparation of these materials which have resulted in the returns detailed herein, and no representation or warranty is made that any returns indicated will be achieved. Changes to assumptions or parameters may have a material impact on the returns detailed. This document should not be considered an offer to buy or sell investments. Heptagon Capital Limited has issued this communication as investment manager for Heptagon Fund PLC, and is licenced to conduct investment services by the Malta Financial Services Authority.

Heptagon Capital LLP, acting as Distributor, is authorised and regulated in the UK by the Financial Conduct Authority.

Representative and Paying Agent in Switzerland is Société Générale, Paris, Zurich branch, Talacker 50, PO Box 1928, 8021 Zurich, Switzerland. The prospectus, the key investor information document, the Articles and the annual and semi-annual reports are available free of charge from the Swiss representative.

The results given herein are based solely upon historical fund performance as gathered and supplied by Morningstar. That past performance has not been independently verified by either Heptagon Capital Limited or Heptagon Capital LLP. It is not intended to predict or depict the future performance of any investment. Past performance is not necessarily indicative of future returns.

The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about the funds, including important disclosures and risk factors associated with an investment in the funds. Before making an investment in any fund, prospective investors are advised to thoroughly and carefully review the fund’s private placement memorandum with their financial, legal and tax advisors to determine whether an investment is suitable for them. An investment in these funds is not suitable for all investors.

Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)