Kempen (Lux) European High Dividend Fund Class BNX1 GBP

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Performance History31/10/2024
Growth of 1,000 (GBP) Advanced Graph
Kempen (Lux) European High Dividend Fund Class BNX1 GBP
Fund-14.8-1.98.94.5
+/-Cat-1.61.3-2.00.2
+/-B’mrk-1.1-5.6-2.4-1.0
 
Key Stats
NAV
23/10/2024
 GBP 36.84
Day Change -0.73%
Morningstar Category™ Europe Equity Income
IA (formerly IMA) Sector -
ISIN LU2133597620
Fund Size (Mil)
21/11/2024
 EUR 17.14
Share Class Size (Mil)
23/10/2024
 GBP 0.00
Max Initial Charge -
Ongoing Charge
30/11/2023
  0.72%
Morningstar Research
Analyst Report26/01/2024
Jeffrey Schumacher, Director
Morningstar, Inc

After a rather turbulent period where key members of Kempen’s dividend team departed, the rebuild team finds itself in calmer waters. The team is gradually regaining our conviction, which led to an upgrade of the People Pillar rating to Average...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Kempen (Lux) European High Dividend Fund Class BNX1 GBP
The Sub-Fund's investment objective is to offer Investors the opportunity to invest in an actively and professionally managed portfolio of European listed companies with an attractive dividend yield or in companies that are expected to offer soon an attractive dividend yield. The Sub-Fund primarily aims to generate a long-term return in excess of the MSCI Europe Total Return Net Index (the “Benchmark”), comprising capital gains or losses plus net dividend. The Sub-Fund’s assets will be invested, either directly or, on an ancillary basis, through the use of financial derivative instruments, in equity and equity equivalent securities issued by listed companies having their place of incorporation or their principal business activities in Europe, including European emerging countries.
Returns
Trailing Returns (GBP)23/10/2024
YTD4.47
3 Years Annualised4.96
5 Years Annualised-
10 Years Annualised-
12 Month Yield 3.98
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Joris Franssen
15/05/2009
Luc Plouvier
15/05/2009
Click here to see others
Inception Date
27/03/2020
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI Europe NR EURMorningstar DM Eur Div Yld >2.5% NR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Kempen (Lux) European High Dividend Fund Class BNX1 GBP31/10/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.930.0098.93
Bond0.000.000.00
Property0.000.000.00
Cash1.070.001.07
Other0.000.000.00
Top 5 Regions%
Eurozone55.81
United Kingdom31.01
Europe - ex Euro7.78
United States5.40
Canada0.00
Top 5 Sectors%
Financial Services19.50
Communication Services13.21
Healthcare11.30
Energy10.04
Consumer Defensive9.82
Top 5 HoldingsSector%
Bawag Group AG Ordinary SharesFinancial ServicesFinancial Services3.53
Reckitt Benckiser Group PLCConsumer DefensiveConsumer Defensive3.39
Unilever PLCConsumer DefensiveConsumer Defensive3.32
Fresenius SE & Co KGaAHealthcareHealthcare3.28
Rexel SATechnologyTechnology3.26
Kempen (Lux) European High Dividend Fund Class BNX1 GBP

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