LUX-PENSION 100%
Investment Objective and Policy
The objective of the sub-fund is to invest in mid and large-cap European equities.
The portfolio is actively managed on a discretionary basis without reference to a benchmark.
Risk indicator
Risk scale from 1 (Low risk) to 7 (High risk). The current value is 4.
We have classified this product in risk class 4 out of 7, which is a medium risk class.
Risks not included in the risk indicator: Exchange rate risk, liquidity risk, counterparty risk, operational risk.
Key Figures
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NAV (cap.)on 06.11.2025256,64 EUR
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Highest value of year (cap.)on 27.10.2025260,33 EUR
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Lowest value of year (cap.)on 09.04.2025215,47 EUR
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Total assets of the subfund146.040.017 EUR
Price Evolution
Past performance is not indicative of future results.
Risk factors
The sub-fund is characterized by strong long-term growth potential in its net asset value (NAV) per share, driven by a significant weight of equities in its holdings. Its NAV per share will fluctuate according to price movements in the mid and large-cap European equity markets, in which the sub-fund invests with a maximum weight of 100%. The investor only bears a low currency risk, as the bond investments are exclusively denominated in EUR. However, currency risk remains for investments in equities denominated in GBP, CHF, SEK, DKK, and NOK.
The NAV per share of the sub-fund is subject to high volatility, and a loss of the invested capital is possible over the medium to long term, particularly in the event of a prolonged decline in European stock markets. Since the sub-fund may invest a minority portion in emerging markets, investing in the sub-fund may involve a higher degree of risk due to the political and economic conditions in emerging markets, which may affect the value of the investments.
Technical characteristics
| Label | Value |
|---|---|
| Fund Type | SICAV Equity Funds |
| Launch date | 14.10.2002 |
| Reference currency | EUR |
| Stock Type |
CAP. |
| Retenue LU | No |
| Retenue UE | No |
| Calculation of the NAV |
Daily
For every subscription today (day D) before noon (Luxembourg time), the NAV applicable will be the NAV dated today (D), which will be calculated and published the next day (day D+1), except for Sundays and holidays.
|
| ISIN Code (cap) EUR | LU0151358677 |
| Bloomberg Code |
LXPN100 (CAP) |
| Cut-off time | 12:00 (GMT+1) |
SFDR information
The sub-fund does not take environmental or social criteria into account.
Fees
| Label | Value |
|---|---|
| Entry fee (max) | 2,50 % |
| Exit fee (max) | 1,00 % |
Ongoing costs taken each year
| Label | Value |
|---|---|
| Management fees and other administrative or operating costs | 1,30 % |
| Transaction costs | 0,60 % |
| Performance fees | There is no performance fee for this product. |
Detailed Informations about the fees and charges are in our publication concerning the main banking fees available at www.spuerkeess.lu and in our branches.
Average annual performance*
| Label | Value |
|---|---|
| Year to date (31.12.2024) | 15,34 % |
| over 1 month (06.10.2025) | -0,87 % |
| over 3 months (06.08.2025) | 26,26 % |
| over 6 months (06.05.2025) | 9,03 % |
| over 1 year (06.11.2024) | 13,55 % |
| over 3 years (04.11.2022) | 10,37 % |
| over 5 years (06.11.2020) | 9,14 % |
| over 10 years (06.11.2015) | 3,53 % |
| since creation (14.10.2002) | 4,17 % |
Allocation
Investment allocation
- Equities : 97,72 %
- Cash : 2,28 %
Geographical breakdown of the equity investments
- France : 28,76 %
- Britain : 19,27 %
- Others : 15,64 %
- Germany : 11,48 %
- Switzerland : 10,25 %
- Netherlands : 8,98 %
- Italy : 5,61 %
Sector breakdown of the equity investment
- Financials : 22,55 %
- Industrials : 19,21 %
- Health Care : 12,55 %
- Consumer Staples : 9,57 %
- Information Technology : 8,23 %
- Consumer Discretionary : 7,80 %
- Materials : 6,75 %
- Communication Services : 4,84 %
- Utilities : 4,49 %
- Energy : 3,76 %
- Real Estate : 0,25 %
Primary Investments
Top equity investments
| Bonds | % | Infos |
|---|---|---|
| ASML Holding NV | 3,73 % | Information Technology |
| AstraZeneca Plc | 2,98 % | Health Care |
| Rio Tinto Plc | 2,44 % | Materials |
| Ferrovial SE | 2,13 % | Industrials |
| UBS Group Inc | 2,10 % | Financials |
Taxation
Important Note
Please note that the above subfund may only be distributed in Luxembourg. Shares of funds of our lux|funds range may not be sold to US Persons.
Any subscription must be done on the basis of the fund's prospectus in effect at the time of subscription and the KIID ("Key Investor Information Document"), accompanied by the latest annual report or, if more recent, the latest interim report.
For every subscription today (day D) before noon (Luxembourg time), the NAV applicable will be the NAV dated today (D), which will be calculated and published the next day (day D+1), except for Sundays and holidays.
The indicated historical performance levels are not a guarantee of similar growth in value in the future. Losses of value cannot be ruled out, and Spuerkeess may not be held liable for them. The actuarial yield represents the yield obtained when a bond portfolio is held to maturity.
The level of risk is determined on the basis of the historical performance of the last five years and should not be considered a reliable indicator of the future risk profile of the compartment. It represents the risk of fluctuations in the net asset value per share and may change over time. Level 1 represents the lowest risk, and level 7 represents the highest risk. The higher the risk, the longer the recommended investment period. For details on the risks involved, please consult the KIID.
The entry and exit charges are those indicated in the prospectus. The actual applicable charges are in our publication concerning the main banking fees available at www.spuerkeess.lu and in our branches.
Tax information about the fund is available at www.luxfunds.lu and at Spuerkeess branches. It is recommended that investors consult their own legal and tax advisers before investing in the fund.
This document is provided solely for information purposes and cannot be considered legal, tax, or investment advice.