Code ISIN : FR0010121137
NAV on 16/05/2013 : 125,13 €
The Montségur Patrimoine (Heritage) fund invests primarily (minimum 70%) in both money market products and bonds to meet the goals of prudent management. The balance is invested in a selection of European values which, as with the Montségur Rendement (Performance) fund, have high net returns.
The aim is to provide a return greater than the money market (EONIA), while maintaining low volatility.
No more than 30% of the fund can be invested in shares. It particularly favours easily tradeable large capitalisation European funds offering attractive valuations and high net returns (net dividend per share / share price).
The distribution of high dividends often represents a bulwark for investors during periods of market decline.
The fund undertakes short-term placements (< 3 months) in sovereign (BTF) or corporate assets with a minimum rating of BBB to improve performance without taking additional risks on rate interest movements . Thus, interest rate increases are directly reflected in the fund.