Does not mean a risk-free investment
The value of an investment in a sub-fund increases or decreases over time. At the time of resale, the price of your shares may be less than the original price, representing a loss. If you invest in a sub-fund whose currency is different from your own, exchange rate fluctuations can also reduce your gains or increase your losses.
The above risk level is calculated on the basis of the sub-fund's volatility over the medium term (i.e. on the basis of actual changes in its value over the last five years or on a simulation, if the subfund was created within that period). The volatility of the sub-fund may increase or decrease over time, which may change its risk level.
The subfund's risk level reflects the following factor(s):
Equity investments have greater volatility and higher risk than investments in bonds and money market instruments. The risk level does not reflect the potential impact of unusual market conditions or unforeseen events that may increase risk or trigger other risks such as:
Ongoing Charge 5
1 For further information about Morningstar Rating™ and Ranking Morningstar®, please visit the Morningstar website using this link. Specific information concerning MercLin Global Equity F cap can be found on this page.
2 Source data: Bloomberg, Morningstar & Bank Degroof Petercam Luxemburg.
3 These performance numbers are based on historical data and are no guarantee for future results. YTD: Performance since the 1st of January of the current calendar year. This is a cumulative return.
4 The return figures indicated above do not include commissions eventually linked to the issuing and redemption of shares, nor stock exchange turnover tax. Based on historical data, which offer no guarantee of future returns and can even be misleading. Performance is calculated on a cumulative basis for periods under one year and on an actuarial basis for periods of over one year. Performance of the Merclin GE F Cap up to 18.08.2008 is that of the Athena Diversified Management Sub-Fund, of which the Merclin Global Equity Sub-Fund is an identical successor. Previous performance is audited by Deloitte.
5 Ongoing charge: charges taken from the subfund over a year.
6 MSCI AC World Euro Net dividend reinvested. The investment policy of the fund does not include a tracking error objective with the benchmark. Performances of the Sub-fund may therefore vary from the performance of the benchmark.