ROCE fund

Philosophy

We invest in companies that we know and whose business model we understand. The portfolio is concentrated and built around long-term convictions.

Alignment of interests between management and shareholders as well as good corporate governance are essential to our selection process.

Presentation

ROCE Capital deploys a single management strategy through the ROCE Fund, which invests in shares of European companies with the following characteristics:

  • Returns on capital employed above the cost of capital
  • Strong pricing power
  • Dominant market shares
  • Strong barriers to entry
  • Attractive valuations

Fund Managers

Michael Niedzielski

Fund manager

Christophe Billon

Fund co-manager

Nav evolution

Characteristics

Asset management company ROCE Capital
Legal entity SICAV UCITS regulated by the AMF (Autorité des Marchés Financiers)
Country of registration France
Custodian Crédit Industriel et Commercial
Fund valuation Crédit Mutuel Asset Management
Auditor Mazars
Liquidity and NAV frequency Daily
Dividends Reinvested
Recommended investment horizon 5 years
Risk level
This UCITS is classified in category 6 due to its exposure to international equity markets that may experience significant fluctuations. Indeed, the net asset value may be subject to variations induced by the maturity of the securities, the portfolio’s sensitivity and the volatility of the equity market.
Currency EUR
Launch date 21/09/2020
Minimum initial subscription amount €10 000 000
Subscription / Redemption Daily before 12pm
Payment settlement time D+2
Management fees 0,70%
Entry fees None
Redemption fees None
Performance fees 10% above MSCI Europe Net Return, only if performance is positive

Past performance is not an indicator of future performance