NN (L) Energy (X Cap)

Investment Scope

The fund invests in Energy companies worldwide. This includes companies carrying out their business activity in the following industries: oil and gas exploration, production, refining and/or transportation and energy equipment and services. The portfolio is diversi-fied across countries. The fund uses active management to target companies that score well according to our systematic investment process, with stock and sub-sector deviation limits maintained relative to the benchmark. Measured over a period of several years, we aim to beat the per-formance of the benchmark MSCI World Energy 10/40 (NR). The benchmark is a broad representation of our investment universe.

The fund may also include investments into securities that are not part of the benchmark universe. Investors should be aware that the index’s investment universe is concentrated and, as a result, the Sub-Fund is concentrat-ed. This will typically result in a comparable composition and return profile of the Sub-Fund and its benchmark. The fund’s stock selection process is driven by the analysis of fundamental and behavioural data and includes the integration of ESG factors. 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. 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 %)
Share Class Benchmark52,0843,9642,19

Reference Date 31.08.2022
Προφίλ Κινδύνου

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 category 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 stocks and/or financial instruments used to reach the investment objective is considered high. 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. 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 theme are more concentrated than investments in various themes. No guarantee is provided as to the recovery of the initial investment.

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Practical Info
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