LUXFUNDS-PORTFOLIO BALANCED
Investment Objective and Policy
The objective of the sub-fund is to achieve both capital growth and stable income over the medium and long term, while following an asset allocation that provides, on average, over the long term, for a weighting of approximately 50% in bonds mainly denominated in currencies of OECD countries, as well as approximately 50% in equities.
The sub-fund may invest its assets directly and/or indirectly through UCIs/UCITS and/or derivatives (e.g. futures) in transferable bond securities, securities equivalent to bonds, mainly investment grade type and denominated in currencies of OECD countries, and for a maximum of 70% of the net assets in equities, the majority of which are large capitalisation, admitted for listing on the world’s main stock exchanges, particularly in OECD countries. 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 3.
We have classified this product as 3 out of 7, which is a medium-low risk class.
Risks not included in the risk indicator: Liquidity risk, Counterparty risk, Operational risk.
Key Figures
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NAV (cap.)on 13.11.2025224,22 EUR
-
Highest value of year (cap.)on 29.10.2025226,18 EUR
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Lowest value of year (cap.)on 07.04.2025200,06 EUR
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Total assets of the subfund339.065.626 EUR
Price Evolution
Past performance is not indicative of future results.
Risk factors
The investments of the sub-fund are subject to fluctuations in the markets in which the sub-fund has invested. Over the long term, the bond market does not offer the same growth potential as the equity market, but it does provide greater investment stability. By its nature, the equity market is characterized by higher volatility, but generally achieves better long-term performance than other types of investments. Since the sub-fund may invest, directly and/or indirectly, a minority portion in emerging markets, investment in the sub-fund may carry a higher degree of risk due to the political and economic situation in emerging markets, which may affect the value of investments.
Technical characteristics
| Label | Value |
|---|---|
| Fund Type | SICAV Mixed Funds |
| Launch date | 30.11.1998 |
| 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 | LU0091958230 |
| Bloomberg Code |
LUXPBAL (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 5 |
| Exit fee (max) | 1,00 % |
Ongoing costs taken each year
| Label | Value |
|---|---|
| Management fees and other administrative or operating costs | 1,10 % |
| Transaction costs | 0,20 % |
| 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) | 2,14 % |
| over 1 year (13.11.2024) | 2,76 % |
| over 3 years (10.11.2022) | 5,88 % |
| over 5 years (13.11.2020) | 2,70 % |
| over 10 years (13.11.2015) | 2,53 % |
| since creation (30.11.1998) | 3,04 % |
Allocation
Investment allocation
- Equities : 52,78 %
- Bonds : 47,03 %
- Cash : 0,19 %
Geographical breakdown of the equity investments
- United States of America : 59,08 %
- Emerging Market : 16,57 %
- Europe : 16,30 %
- Japan : 5,18 %
- Rest of the World : 2,87 %
Sector breakdown of the equity investment
- Information Technology : 29,59 %
- Financials : 18,04 %
- Communication Services : 12,07 %
- Consumer Discretionary : 10,78 %
- Industrials : 9,61 %
- Health Care : 8,15 %
- Utilities : 5,58 %
- Materials : 4,76 %
- Consumer Staples : 0,54 %
- Real Estate : 0,45 %
- Energy : 0,41 %
Breakdown of the fixed income investment
- Corporate : 57,51 %
- Governemental : 37,84 %
- Emerging Market : 4,65 %
Maturity structure (Direct lines)
- 4-7y : 40,21 %
- 1-4y : 28,68 %
- 7-10y : 18,54 %
- +10y : 10,24 %
- 0-1y : 2,33 %
Primary Investments
Fixed Income Performance Metrics
| Bonds | % | Infos |
|---|---|---|
| Duration | 4,98 | |
| Yield to Maturity | 3,01 |
Top equity investments
| Bonds | % | Infos |
|---|---|---|
| NVIDIA Corp | 3,22 % | Information Technology |
| Microsoft Corp | 2,61 % | Information Technology |
| Apple Inc Reg | 2,43 % | Information Technology |
| Alphabet Inc A | 1,77 % | Communication Services |
| Alibaba Group Holding Ltd Reg | 1,20 % | Consumer Discretionary |
Top bond investments
| Bonds | % | Infos |
|---|---|---|
| Finland 2.5% 144A 24/15.04.30 | 1,72 % | Govies |
| Italia 6.5% BTP 97/01.11.27 | 1,63 % | Govies |
| Oesterreich 0.9% 144A 22/20.02.32 | 1,22 % | Govies |
| BPCE S.A. 3.875% EMTN 24/11.01.29 | 1,15 % | Corporate |
| BNP Paribas SA 3.625% EMTN Ser 19847 22/01.09.29 | 1,14 % | Corporate |
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.