LUX-PENSION MARCHÉ MONÉTAIRE
Investment Objective and Policy1 Go to Investment Objective and Policy disclaimer
The objective of the sub-fund is to offer returns comparable to those of the money market or to preserve the value of the investment by primarily investing in euro-denominated money market instruments such as treasury bills or certificates of deposit and/or in short-term euro-denominated bonds.
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 1.
We have classified this product in risk class 1 out of 7, which is the lowest 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 12.02.2026122,12 EUR
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Highest value of year (cap.)on 12.02.2026122,12 EUR
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Lowest value of year (cap.)on 02.01.2026121,95 EUR
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Total assets of the subfund94.674.406 EUR
Price Evolution2 Go to Price Evolution disclaimer
Past performance is not indicative of future results.
Risk factors
LUX-PENSION Money Market is characterized by an almost complete absence of investment volatility, which allows for the preservation of invested capital, even in the short term, in exchange for a limited long-term appreciation potential of the net asset value (NAV) per share compared to other compartments of LUX-PENSION.
The investor is not exposed to currency risk, as investments are exclusively denominated in EUR. As the sub-fund may invest a minority portion in emerging markets, investing in the sub-fund may entail a higher degree of risk due to the political and economic conditions in those markets, which may affect the value of investments.
Technical characteristics
| Label | Value |
|---|---|
| Fund Type | SICAV Cash Funds |
| Launch date | 14.10.2002 |
| Reference currency4 Go to Reference currency disclaimer | 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.
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| ISIN Code (cap) EUR | LU0151358917 |
| Bloomberg Code |
LXPENMM (CAP) |
| Cut-off time | 12:00 (GMT+1) |
SFDR information6 Go to SFDR information disclaimer
The sub-fund does not take environmental or social criteria into account.
Fees3 Go to Fees disclaimer
| 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 | 0,70 % |
| Transaction costs | 0,10 % |
| 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 performance7 Go to Average annual performance disclaimer
| Label | Value |
|---|---|
| over 1 year (12.02.2025) | 1,32 % |
| over 3 years (09.02.2023) | 2,07 % |
| over 5 years (12.02.2021) | 0,80 % |
| over 10 years (12.02.2016) | 0,01 % |
| since creation (14.10.2002) | 0,86 % |
Annual performance8 Go to Annual performance disclaimer
| Label | Value |
|---|---|
| Year to quarter | n/a |
| 2025 | 1.35 % |
| 2024 | 2.7 % |
| 2023 | 2.06 % |
| 2022 | -1.01 % |
| 2021 | -1.34 % |
| 2020 | -0.79 % |
| 2019 | -0.75 % |
| 2018 | -0.94 % |
| 2017 | -0.81 % |
| 2016 | -0.46 % |
Allocation5 Go to Allocation disclaimer
Investment allocation
- Bonds : 89,47 %
- Cash : 10,53 %
Geographical breakdown of the fixed income investments
- Spain : 36,25 %
- Italy : 32,68 %
- France : 25,65 %
- Supranational : 5,41 %
Breakdown of the fixed income investment
- Governemental : 100,00 %
Maturity structure (Direct lines)
- 0-3m : 51,04 %
- 3-6m : 39,29 %
- 6-9m : 9,66 %
Primary Investments
Fixed Income Performance Metrics
| Bonds | % | Infos |
|---|---|---|
| Yield to Maturity | 1,89 | |
| Duration | 0,25 |
Top bond investments
| Bonds | % | Infos |
|---|---|---|
| Espana 0% Ser 1Y 25/10.04.26 | 6,52 % | Govies |
| France 0% 25/25.02.26 | 5,16 % | Govies |
| European Union 0% 25/06.03.26 | 4,84 % | Govies |
| Espana 0% Ser 1Y 25/05.06.26 | 4,82 % | Govies |
| Italia 0% Ser 1Y 25/14.07.26 | 4,81 % | Govies |
Taxation
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1. Back to linked content
There is no guarantee that an investment objective will be achieved or that a return on capital will be obtained. The product does not benefit from any guarantee to protect the capital. You may not recover the full amount of your invested capital.
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2. Back to linked content
Past performance is not indicative of future results.
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3. Back to linked content
Entry costs are a percentage of the amount you pay in when entering this investment. The percentage is based on the NAV.
Exit costs are a percentage of the value of your investment before it is paid out to you. The percentage is based on the NAV.
Management and other administrative and operating fees are a percentage of the value of your investment per year. This is an estimate based on actual costs over the last year.
Transation cost are a percentage of the value of your investment. This is an estimate of the costs incurred when buying and selling the underlying investments for the product.
A conversion fee applies when converting some or all of your shares.
This is not an exhaustive list of the costs. Other costs apply, differ per share class and are subject to change.
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4. Back to linked content
When a sub-fund or class is denominated in another currency than the one of your country, or when costs are partially or fully paid in another currency than yours, then costs and performances may increase or decrease as a result of currency and exchange rate fluctuations.
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5. Back to linked content
Holdings and Allocations are subject to change. This does not constitute an investment advice to buy or sell the presented securities.
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6. Back to linked content
Before making any investment decision, please consider all the objectives, characteristics, binding elements of the selection process and methodological limits contained in the Prospectus, the SFDR Precontractual Annex, as well as the Summary of the website Product disclosure. The documents are available at the following link: https://www.luxfunds.lu/fr/documents/sustainability-related-disclosures/
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 KID ("Key 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. Regarding fund of funds, the applicable NAV will be the one dated J+2, calculated and published the day after (J+3), except on Sundays and public 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 KID.
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.