Holdings Certificate

A pure Holdings Portfolio
to benefit from long term trends

Overview

Holdings Certificate is a tracker of an actively managed long-only stock index, Eurinvest Holdings Index. The index is composed of holdings based in the European Economic Area and in OECD countries.

The universe of holdings is limited, but offers several advantages

– aligning with the strategy and interests of leading family shareholders

– investing with a long-term view

– investing at a discount to net asset value

– access to unlisted companies …

– … via listed vehicles, which can be traded on a daily basis

– strong diversification

The fund’s investment strategy is based, among other things, on the “Holding Discount”: a discount at which a Holding generally quotes compared to the fair value of its assets (intrinsic value). The use of an internal proprietary model allows the Fund to properly identify this fundamental market deviation and compare it to historical trends. A thorough financial analysis should support an investment signal leading to a mean reversion of the Holding Discount.

This quantitative approach in combination with a thorough fundamental analysis makes it possible to generate recurring capital gains over a long investment horizon.

Sector Exposure

Risk Indicator

For more information about the Fund risks, please refer to the Fund prospectus and KIIDS

Geographic Exposure

Legal documents

Holdings Certificate Prospectus

Holding Certificate - Prospectus Download Holding Certificate Prospectus. Holding Certificate is issued by Exane based on our proprietary Holdings Index.  AboutThe Prospectus provides information about the Certificat and the Portfolios and contains information which...

Holdings Certificate Term Sheet

Holdings Certificate Term Sheet Download Holdings Certificate (ISIN-FREXA0009722) Term Sheet Holdings Certificate is a certificate issued by Exane Finance  AboutThis document provides you with key information about this investment product. It is not marketing...

Commercial reports

Holdings Certificate August 2022

Holdings Certificate Monthly Report - July 2021   Download Holdings Certificate Monthly Report. About The Factsheet provides information about the Fund's end-of-month Portfolio. It contains information to understand the fund's performance over the last month for...

Holdings Certificate July 2022

Holdings Certificate Monthly Report - July 2021   Download Holdings Certificate Monthly Report. About The Factsheet provides information about the Fund's end-of-month Portfolio. It contains information to understand the fund's performance over the last month for...

Holdings Certificate June 2022

Holdings Certificate Monthly Report - July 2021   Download Holdings Certificate Monthly Report. About The Factsheet provides information about the Fund's end-of-month Portfolio. It contains information to understand the fund's performance over the last month for...