NN (L) Euro Liquidity (X Cap)

Valuation Day

01/12/2022

Net Asset Value

249.6300

Risk level

MorningStar

Investment Scope

This short-term variable net asset value money market fund aims to provide investors with stable and low-risk returns. The fund invests in all types of money market instruments denominated in Euro like commercial paper, floating rate notes (notes with a variable interest rate), Treasury Bills,short-term bonds, deposits and certificates of deposit. The fund limits its weighted average maturity (duration) to 60 days and its weighted average life (weighted average of the times until an asset's principal is repaid) to 120 days. We aim to beat the performance of the benchmark Euro Short-Term Rate (€STR). We add value by forming a view on the evolution of interest rates, and acting on that view. In addition we selectively take positions in attractively priced credit instruments. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. Money Market funds (MMF) are not guaranteed investments. Investing in MMFs is different from investing in deposits and the risk of principal fluctuation exists. An MMF does not rely on external support for guaranteeing the liquidity of the MMF or stabilizing the NAV per unit or share. The risk of loss of the principal is borne by the investor. The fund does not aim to provide you with a dividend. It will reinvest all earnings.

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Past returns do not predict future returns

Historical NAV

Calendar Year Performance (NET %)

Cumulative Performance (ΝΕΤ %)

EUR 1y 3y 5y
Fund -0.42 -1.40 -2.30
Share Class Benchmark -0.36 -1.36 -2.09
Date Report 31/10/2022

Practical Info

ISIN Code: LU0546917187
Currency: EUR
Unit class: X CAP
Asset class: Money Market
Region: Europe

Risk and Reward Profile

Historical data, such as is used for calculating this indicator, may not be a reliable indication of the future risk profile of this fund. There is no guarantee that the risk indicator will remain unchanged, it may shift over time. The lowest category of risk does not mean that the investment is riskfree. This fund is in this specific risk ategory because of the behaviour of the product during the measuring period. The overall market risk, taking into account past performances and future potential evolution of the markets, associated with money market instruments used to reach the investment objective is low.

These financial instruments are impacted by various factors. These include, but are not limited to, the development of the financial market, the economic development of issuers of these financial instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country. Expected credit risk, the risk of failure of the issuers of underlying investments is low. The Sub-Fund’s liquidity risk is set to low. Liquidity risks may arise when a specific underlying investment is difficult to sell. Moreover, currency fluctuation may impact highly the Sub-Fund’s performance. Investments in a specific geographic area are more concentrated than investments in various geographic areas. No guarantee is provided as to the recovery of the initial investment.

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Synthetic Risk and Reward Indicator

Interest Form

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