Barings Europe Select Fund
as of 23/08/2019
|Umbrella||Barings Investment Funds plc|
Share Class Info
|Accumulating / Distributing||Income|
The Barings Europe Select Fund is open to new investors, effective 17 May 2019.
The Barings Europe Select Fund is an Irish-domiciled fund open to new investors, which mirrors the UK-domiciled Barings Europe Select Trust. The Barings Europe Select Fund maintains the same portfolio management team, has substantially the same objective, performance comparator, fee schedule and other key features as the existing UK-domiciled Barings Europe Select Trust.
Summary fund objective
The investment objective of the Fund is to achieve long-term capital growth by investing in Europe excluding the United Kingdom.
The Fund will seek to achieve its investment objective by investing at least 75% of its total assets directly and indirectly in equities and equity-related securities (as described below) of smaller companies incorporated in, or exercising the predominant part of their economic activity, or quoted or traded on the stock exchanges in Europe excluding the United Kingdom.
Smaller European companies can be defined as those companies which are constituents of the bottom 30% of total market capitalisation of Europe’s listed companies (this excludes companies in the United Kingdom).
For the remainder of its total assets, the Fund may invest outside of Europe (however, the Fund will not invest in emerging markets), as well as in larger companies, and in fixed income and cash. The fixed income instruments (which will be used solely for cash management purposes) shall include investment grade fixed and floating rate corporate or government bonds, notes, debentures, convertible instruments (which for the purpose of this Supplement mean convertible bonds, mandatory convertible bonds, convertible preferred stock and equity linked notes), commercial paper, certificates of deposit, banker acceptances. The Fund will only invest in securities that are traded on markets and exchanges drawn from the list contained in Appendix II of the Prospectus.
In order to implement the investment policy the Fund may gain exposure through American depositary receipts, global depositary receipts and other equity related securities including participation notes, structured notes and equity-linked notes. The Fund may also invest up to 10% of its net assets in collective investment schemes.
With the intention that the Fund is eligible to the PEA regime (Plan d’Epargne en Actions equity savings plan) in France, the Fund will invest at least 75% of its assets in equities and warrants issued by companies where the head office is in the European Union (EU) or a European Economic Area (EEC) Country, except Liechtenstein.
Pursuant to the Investmentsteuergesetz (2018), the Fund intends to meet the requirements to be classified as being an “equity fund” and will invest at least 51% of its assets in direct equities.
Glossary of common investment terms
Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed. Past performance is not a guide to future performance.
This is not an offer to sell or an invitation to apply for any product or service of Barings Asset Management and is by way of information only. Before investing in any product, we recommend that recipients who are not professional investors contact their financial adviser. The Key Investor Information Document (KIID) must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information in this document does not constitute investment, tax, legal or other advice or recommendation or, an offer to sell or an invitation to apply for any product or service of Barings Asset Management.
We always recommend that you seek advice from a financial adviser before investing. They will be able to help you to decide if an investment in one of the Barings' funds is suitable for you. If you do not have a financial adviser you can search for one on the independent website www.unbiased.co.uk.
The information available on this website is not an offer to sell or an invitation to apply for this product and is by way of information only, nor is the information available on this website intended as an offering of this product to US Persons. Depending on your jurisdiction, you may not have access to this product. Individual investors should contact their financial advisor before investing in this product. The Key Investor Information Document (KIID), if applicable, must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information available on this website does not constitute investment, tax, legal or other advice or recommendation.