Kempen (Lux) European High Dividend Fund Class I

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Performance History30/09/2024
Growth of 1,000 (GBP) Advanced Graph
Kempen (Lux) European High Dividend Fund Class I
Fund-6.616.8-0.28.75.4
+/-Cat-4.83.63.0-2.2-0.3
+/-B’mrk-0.73.2-4.0-2.6-1.0
 
Key Stats
NAV
03/10/2024
 EUR 2659.40
Day Change -0.64%
Morningstar Category™ Europe Equity Income
ISIN LU0427930275
Fund Size (Mil)
03/10/2024
 EUR 17.03
Share Class Size (Mil)
03/10/2024
 EUR 8.10
Max Initial Charge -
Ongoing Charge
01/04/2024
  0.91%
Morningstar Research
Analyst Report26/01/2024
Jeffrey Schumacher, Director
Morningstar, Inc

After a rather turbulent period where key members of Kempen’s dividend team departed, the rebuild team finds itself in calmer waters. The team is gradually regaining our conviction, which led to an upgrade of the People Pillar rating to Average...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Kempen (Lux) European High Dividend Fund Class I
The Sub-Fund's investment objective is to offer Investors the opportunity to invest in an actively and professionally managed portfolio of European listed companies with an attractive dividend yield or in companies that are expected to offer soon an attractive dividend yield. The Sub-Fund primarily aims to generate a long-term return in excess of the MSCI Europe Total Return Net Index (the “Benchmark”), comprising capital gains or losses plus net dividend. The Sub-Fund’s assets will be invested, either directly or, on an ancillary basis, through the use of financial derivative instruments, in equity and equity equivalent securities issued by listed companies having their place of incorporation or their principal business activities in Europe, including European emerging countries.
Returns
Trailing Returns (GBP)03/10/2024
YTD4.39
3 Years Annualised5.85
5 Years Annualised5.15
10 Years Annualised5.72
12 Month Yield 0.00
Management
Manager Name
Start Date
Joris Franssen
15/05/2009
Luc Plouvier
15/05/2009
Click here to see others
Inception Date
25/08/2011
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR EURMorningstar DM Eur Div Yld >2.5% NR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Kempen (Lux) European High Dividend Fund Class I31/07/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.240.0099.24
Bond0.000.000.00
Property0.000.000.00
Cash0.760.000.76
Other0.000.000.00
Top 5 Regions%
Eurozone53.82
United Kingdom35.22
Europe - ex Euro7.78
United States3.18
Canada0.00
Top 5 Sectors%
Financial Services19.00
Communication Services13.12
Healthcare12.03
Consumer Cyclical10.88
Energy10.81
Top 5 HoldingsSector%
Unilever PLCConsumer DefensiveConsumer Defensive3.91
Fresenius SE & Co KGaAHealthcareHealthcare3.83
Bawag Group AG Ordinary SharesFinancial ServicesFinancial Services3.64
National Grid PLCUtilitiesUtilities3.39
BP PLCEnergyEnergy3.23
Kempen (Lux) European High Dividend Fund Class I

Related

* This share class has performance data calculated prior to the inception date, 2011-08-25. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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