ALPORA Innovation World Large Caps

Performance YTD 4.1% (as of 13 June 2024)
Fund size USD 14.2 Mio.

Past performance is not a reliable indicator of future performance. Please note that the aforementioned performance is shown in the fund currency USD (US Dollar) and not Euro and therefore currency influences in investment currencies other than the fund currency are not taken into account in the performance shown.

The equity fund invests globally («developed markets» only) in listed companies with above-average innovation efficiency. The fund invests across all sectors, with the exception of «utilities» and «financials». The investment process consists of a two-step procedure. As a first step, the innovation efficiency of the companies within the investment universe is measured and compared using a scientifically based quantitative method. In the subsequent step, the portfolio is constructed by selecting around 30 stocks based on our own proprietary fundamental analysis.

Facts & Figures Current monthly report (PDF) Current monthly report (PDF)

Portfolio Management

Patrick Hofer

Investment Manager
Serafin Innovation Hub / Quality Swiss Equities
+41 (41) 726 71 76

Portfolio Management

Patrick Hofer

Investment Manager
Serafin Innovation Hub / Quality Swiss Equities

Serafin Innovation Hub

Dr. Julian Kauffeldt

Head of Innovation Investment Products
Serafin Innovation Hub

Dr. Niklas Bayrle

Investment Manager
Serafin Innovation Hub
+41 (41) 726 71 71

Serafin Innovation Hub

Dr. Julian Kauffeldt

Head of Innovation Investment Products
Serafin Innovation Hub

Dr. Niklas Bayrle

Investment Manager
Serafin Innovation Hub

Learn more about the ESG fund classification

Sustainability / ESG

Brief profile:
ALPORA Innovation World Large Caps

Invest in innovation champions worldwide and rely on profitable innovation leaders!

Publications

INNOVATION HUB INSIGHTS | AI

INNOVATION HUB INSIGHTS | AI

Download now (PDF)
WHITE PAPER | QUALITY INNOVATION

WHITE PAPER | QUALITY INNOVATION

Download now (PDF)
WHITE PAPER | INFLATION

WHITE PAPER | INFLATION

Download now (PDF)
Facts & Figures
Portfolio allocations

Breakdown by sectors

Breakdown by currencies

Breakdown by countries

Top 5
Monthly comment

Comment May 2024

The ALPORA Innovation World Large Caps Fund performed in line with the comparable MSCI World ETF in May. The selection process for the next investment cycle has already been completed and the new portfolio will be implemented during the month of June.
AAON Inc. is a leading American company specializing in the development of high-performance HVAC (Heating, Ventilation, and Air Conditioning) systems. The business model is geared towards customers and markets that demand HVAC equipment with superior performance, high energy efficiency, and high indoor air quality. These include data centers, clean room systems, and operating theatres. AAON focuses its innovation on new, unique products. Its air conditioning heat pump, which can be used at temperatures as low as minus 20 degrees Celsius, is an example of this. Research is also carried out into refrigerants with a low global warming potential and attention is paid to the use of high-quality materials to ensure a reliable, long service life. Specially developed remote monitoring systems ensure optimum performance and fast response times in the event of maintenance requirements.

Sustainability

ESG implementation:

We take ESG aspects into account in the financial analysis and investment decision-making process, applying a combination of exclusion criteria and ESG integration approach in the investment process. The abbreviation ESG stands for "Environmental - Social - Governance".

For the analysis within the sustainability approach, we rely on data from selected third-party providers and, if necessary, on our own analyses. The analysts and portfolio management teams are responsible for both the financial analysis and the ESG analysis. In this way, we ensure that the assessment and implementation are carried out on a recurring basis by the decision-makers in the respective fund as part of a comprehensive and integrated investment process.

In our investment process, we do not per se exclude investments in companies with weaker ESG ratings: Companies that address the issue of sustainability convincingly and consistently can be interesting portfolio companies.

Latest ESG reporting:

  • Classification with regard to U.N. Global Compact Ten Principles:
    All portfolio companies in the fund comply with the U.N. Global Compact Ten Principles.
  • Current portfolio structure using the ESG Risk Rating (by Sustainalytics):

The above fund is a financial product within the meaning of Article 8 of Regulation (EU) 2019/2088 (Disclosure Regulation).

For more information on the fulfillment of environmental and/or social characteristics, please refer to the fund prospectus.
 

Pre-contractual information on Article 8 Funds
Sustainability-related disclosures
Brief profile
Domicile of fund Luxembourg
Legal form SICAV (UCITS V)
Investment universe Global (Developed Markets)
Investment manager Serafin Asset Management Ltd, Zug
Management company VP Fund Solutions (Luxembourg) SA, Lux
Custodian bank VP Bank (Luxembourg) SA, Lux
Launch date 17.12.2019
Recommended investment horizon 5 years
Reference currency USD
ISIN / Bloomberg-Ticker (respective share class) A USD: LU2084863575 / GIIWLCA LX
B CHF-hedged: LU2084868962 / GIIWLCB LX
C USD: LU2084869424 / GIIWLCC LX
E EUR-hedged: LU2127862683 / GLWLAEE LX
G EUR-hedged: LU2127862840 / GLWLAGE LX
Distributions accumulating
Subscription and redemption daily (cut-off 12.00 CET)
Tax transparency CH, AT
Tax status Germany Equity fund pursuant to InvStG with
partial exemption
Registered for public distribution CH, DE, AT, LUX, UK

Gebührenstruktur

Subscription and redemption fee none
Management fee p.a. Tranche A USD: 1.04%
Tranche B CHF-hedged: 1.04%
Tranche C USD: 1.54%
Tranche E EUR-hedged: 1.04%
Tranche G EUR-hedged: 1.54%
MiFID fee for third party research p.a. 0.04%
Total expense ratio p.a. (per 31.03.2023; TER) Tranche A USD: 1.56%
Tranche B CHF-hedged: 1.55%
Tranche C USD: 2.05%
Tranche E EUR-hedged: 1.55%
Tranche G EUR-hedged: 2.05%
Performance overview and key figures
Duration Fund MSCI World ETF
1 month 2.6% 2.6%
3 months 1.5% 2.3%
12 months 17.5% 19.9%
3 years p.a. 4.3% 6.9%
since inception p.a. 8.4% 11.2%
Year
2024 6.4% 11.6%
2023 19.2% 24.2%
2022 -15.9% -18.8%
2021 15.7% 22.4%
2020 16.0% 16.3%
since inception 43.4% 61.4%

Past performance is not a reliable indicator of future performance. Please note that the aforementioned performance is shown in the fund currency USD (US Dollar) and not Euro and therefore currency influences in investment currencies other than the fund currency are not taken into account in the performance shown.

Past performance is not a reliable indicator of future performance. Please note that the aforementioned performance is shown in the fund currency USD (US Dollar) and not Euro and therefore currency influences in investment currencies other than the fund currency are not taken into account in the performance shown.

Risk ratios (rolling over the last 3 years)

Volatility (p.a.) 17.7%
Sharpe ratio (3.01% Risk free rate) 0.05
Beta (vs. MSCI World ETF) 0.94
Rolling performance last 5 years

The gross performance takes into account the costs incurred at fund level (e.g. management fee) without including the costs incurred at investor level (e.g. front-end load and custody fees). The net performance also takes into account an initial sales charge of 0.00% in the first period under review.

The content of this website is directed at persons who are resident in Germany or Switzerland or who access this website from Germany or Switzerland.

This website and the information provided on this website shall not constitute an offer to sell or a solicitation to purchase or subscribe any shares or units in the funds mentioned on this website. The key investor information, the prospectus, the annual and semi-annual reports of the funds are published on this website to comply with statutory requirements.

Subscriptions will only be received and shares or units in the funds issued on the basis of the most recent key investor information and the contractual conditions set out in the prospectus in conjunction with the most recent annual and/or semi-annual report of the fund.

A financial investment is associated with risks. The value of a fund unit/share or investment, as well as the income derived from it, may be subject to fluctuations and are not guaranteed. The investor may not get back the full amount invested. Past performance is not indicative of future performance that may be expected.

The following information is general in nature and is not and may not be construed as constituting investment advice or any form of recommendation by Serafin Asset Management. Prior to any potential investment users should carefully consider the suitability of the investment for their individual circumstances and personal perspectives and should consult their tax, legal, financial, investment or other advisor.

For website visitors located in Germany: Please note the additional legal notices and the privacy policy.

For website visitors located in Switzerland: Please note legal information and the privacy policy as well as the information obligations (FINSA).

Any person who is a U.S. person (as such term is defined in Regulation S under the U.S. Securities Act of 1933) is not eligible to invest in the investment funds indicated on this website. I hereby certify that I am neither a citizen nor a resident of the United States of America and that I do not have a place of business in the United States of America and, in particular, that I am not a U.S. person (as such term is defined in Regulation S under the Securities Act of 1933).

The content of this website is directed at persons who are resident in Germany or Switzerland or who access this website from Germany or Switzerland.

This website and the information provided on this website shall not constitute an offer to sell or a solicitation to purchase or subscribe any shares or units in the funds mentioned on this website. The key investor information, the prospectus, the annual and semi-annual reports of the funds are published on this website to comply with statutory requirements.

Subscriptions will only be received and shares or units in the funds issued on the basis of the most recent key investor information and the contractual conditions set out in the prospectus in conjunction with the most recent annual and/or semi-annual report of the fund.

A financial investment is associated with risks. The value of a fund unit/share or investment, as well as the income derived from it, may be subject to fluctuations and are not guaranteed. The investor may not get back the full amount invested. Past performance is not indicative of future performance that may be expected.

The following information is general in nature and is not and may not be construed as constituting investment advice or any form of recommendation by Serafin Asset Management. Prior to any potential investment users should carefully consider the suitability of the investment for their individual circumstances and personal perspectives and should consult their tax, legal, financial, investment or other advisor.

For website visitors located in Germany: Please note the additional legal notices and the privacy policy.

For website visitors located in Switzerland: Please note legal information and the privacy policy as well as the information obligations (FINSA).

Any person who is a U.S. person (as such term is defined in Regulation S under the U.S. Securities Act of 1933) is not eligible to invest in the investment funds indicated on this website. I hereby certify that I am neither a citizen nor a resident of the United States of America and that I do not have a place of business in the United States of America and, in particular, that I am not a U.S. person (as such term is defined in Regulation S under the Securities Act of 1933).

The content of this website is directed at persons who are resident in Germany or Switzerland or who access this website from Germany or Switzerland.

This website and the information provided on this website shall not constitute an offer to sell or a solicitation to purchase or subscribe any shares or units in the funds mentioned on this website. The key investor information, the prospectus, the annual and semi-annual reports of the funds are published on this website to comply with statutory requirements.

Subscriptions will only be received and shares or units in the funds issued on the basis of the most recent key investor information and the contractual conditions set out in the prospectus in conjunction with the most recent annual and/or semi-annual report of the fund.

A financial investment is associated with risks. The value of a fund unit/share or investment, as well as the income derived from it, may be subject to fluctuations and are not guaranteed. The investor may not get back the full amount invested. Past performance is not indicative of future performance that may be expected.

The following information is general in nature and is not and may not be construed as constituting investment advice or any form of recommendation by Serafin Asset Management. Prior to any potential investment users should carefully consider the suitability of the investment for their individual circumstances and personal perspectives and should consult their tax, legal, financial, investment or other advisor.

For website visitors located in Germany: Please note the additional legal notices and the privacy policy.

For website visitors located in Switzerland: Please note legal information and the privacy policy as well as the information obligations (FINSA).

Any person who is a U.S. person (as such term is defined in Regulation S under the U.S. Securities Act of 1933) is not eligible to invest in the investment funds indicated on this website. I hereby certify that I am neither a citizen nor a resident of the United States of America and that I do not have a place of business in the United States of America and, in particular, that I am not a U.S. person (as such term is defined in Regulation S under the Securities Act of 1933).