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UBAM - Dr. Ehrhardt German Equity AC EUR

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Capturing the best investment opportunities in Europe’s strongest economy
UBAM - Dr. Ehrhardt German Equity is a high-conviction German equity fund with a AAA-rating from Standard & Poor’s. It uses a combination of top-down and bottom-up research and sophisticated market timing and monetary analysis as it seeks to outperform the market.


Key points

  • German stocks are cheap relative to their international competitors
  • High-conviction German equity fund based on three layers of complementary analysis
  • Strong outperformance of the benchmark since inception
  • High-quality, on-the-ground investment team
  • AAA rating from Standard & Poor’s

Investment case

The German economy is the strongest in Europe, with prudent fiscal policy, a healthy trade balance and no real estate bubble. With exports accounting for almost half of GDP, Germany benefits from any weakness in the euro as well as from growth in Asia, a major trading partner. Its stock market is generally cheaper than that of other major economies, and German companies have made considerable progress in terms of optimising cost structures and margins over the past few years.

Fund concept

UBAM - Dr. Ehrhardt German Equity invests mainly in blue chips, with an emphasis on companies with strong balance sheets and proven management teams. The fund’s composition can differ significantly from that of the benchmark and it may use cash or derivatives to preserve value in falling markets. The investment process is based on Dr. Ehrhardt’s proprietary “FMM approach”, which combines fundamental research with analysis of monetary and market sentiment indicators. This technique has delivered strong relative returns in both up and down markets since the fund’s inception.

Performance

UBAM - Dr. Ehrhardt German Equity AC EUR
NAV - Net Asset Value
Date
Data source : UBP SA
Data as at 12/11/2019 MTD YTD 2018 2017 2016 2015 2014
UBAM - Dr. Ehrhardt German Equity AC EUR 2.62% 14.74% -18.32% 18.26% -0.21% 14.63% -4.58%
Disclaimer

Past performance is not indicative of present and/or future results. Price and availability are subject to change without notice. The value of investments may go up or down and investors may not get back the amount invested. Changes in foreign exchange rates may also cause the value of investments to fluctuate.

Library

LEGAL DOCUMENT
Title Updated French German English Italian
Annual report 31.12.2018 PDF
KIID 19.02.2019 PDF
Prospectus 01.07.2019 PDF
Semi-annual report 30.06.2019 PDF
Status – Articles of Association 28.08.2017 PDF
MARKETING DOCUMENTATION
Title Updated French German English Italian
Factsheets 31.10.2019 PDF PDF PDF PDF
Monthly Report 30.09.2019 PDF
Product card 31.12.2019 PDF PDF PDF PDF

Registration

ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
GIGibraltar
IEIreland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan
ATAustria
BEBelgium
CHSwitzerland
DEGermany
DKDenmark
ESSpain
FIFinland
FRFrance
GBUnited Kingdom
GIGibraltar
IEIreland
ITItaly
KRSouth Korea
LULuxembourg
NLNetherlands
NONorway
PTPortugal
SESweden
SGSingapore
TWTaiwan

Italy: I shares are only notified to the CONSOB.

Singapore: Sub-funds registered with the MAS (Monetary Authority of Singapore) can only be offered to “accredited investors”.


Fiscal information

Titre Statut
End of fiscal year 31 December
UK RFS Yes
German transparency Yes
Austrian transparency Yes
Italian reporting Yes
Switzerland RNI Yes
  • ISIN code
  • LU0087798301
  • Data as at
  • 12/11/2019
  • Latest NAV
  • 1'786.90 EUR
  • Fund's AUM
  • 25.33M EUR

Fund data

  • Fund name UBAM
  • Legal structure SICAV
  • Jurisdiction Luxembourg

Sub-fund data

  • Base currency EUR
  • Asset class Equity
  • Geographical bias Europe
  • Inception date 18/05/1998

Share class data

  • Description AC EUR
  • Launch date 18/05/1998
  • Dividend type Capitalisation
  • Minimun initial investment None
  • Subscription Daily
  • Redemption Daily
  • Management fee 1.50%
  • Performance fee No
  • Performance fee rate N/A
  • Last dividend N/A

Identifiers

  • Bloomberg SCEFGRE LX
  • Telekurs 909494
  • Reuters 60035804
  • WKN 921807
  • SEDOL -
  • Morningstar N/A
  • Financial Express SQ53

Manager(s)

    -