Lotus Asia Selection R
Status: 09/03/2025
Fund profile
| ISIN | DE000A3E3YH6 |
|---|---|
| WKN | A3E3YH |
| Inception date | |
| Total fund assets | 8.9 M EUR |
| Share class currency | EUR |
| Current issue price | EUR109.36 (09/04/2025) |
| Current return price | EUR104.15 (09/04/2025) |
| Annual high (redemption price) | EUR111.39 (02/07/2025) |
| Annual low (redemption price) | EUR86.17 (04/09/2025) |
| Performance current year | -3.65 % (09/04/2025) |
| ø Performance
Since launch p.a. |
1.63 % (09/04/2025) |
| Issue charge | 5.00 % |
| Redemption charge | 0.00 % |
| End of fiscal year | Nov 30 |
| Dividend | Accumulating |
| Total expense ratio | 2.26 % p.a. |
| Management fee | therefrom 1.65 % p.a. |
| Custodian fee | therefrom 0.05 % p.a. |
| Capital accumulation benefits capable | no |
| Savings plan | no |
| Single payment | yes (min EUR0.00) |
| Conformity | yes |
| Registered for distribution | DE |
Comment
The fund reduced two small positions in Cadence Design Systems and Synopsys in June, as these two software companies had long underperformed compared to the rise of chip design firms. On July 3, the Vietnamese and US governments announced the new tariff agreement, setting a 20% duty on most of Vietnamese exports-comparable to Thailand's expected 18¿20% rate and well below China¿s 40-55%. A higher 40% tariff will apply to goods deemed "transshipped", though the term remains undefined. In my opinion, this provision acts as a strategic measure to enforce Vietnam¿s compliance with U.S. trade rules, particularly regarding indirect imports from China as long as the trade tension between China and US remains. Conversely, Vietnam has agreed to eliminate import duties on all goods originating from the United States, effectively applying a 0% tariff across the board. The fund closed the month of June with a performance of 1.17% (I-share class) and 1.12% (R-share class), compared to 0.96% for the benchmark (MSCI Asia Pacific NR EUR).
2025/06/30
Opportunities
Over the long term, equities can offer a significantly higher return than, for example, money market investments or bonds. Equities in the Asia-Pacific region offer higher upside potential than large standard equity markets. The focus on all-cap equities in the Asia-Pacific region allows access to the entire investment universe of this region and thus offers optimal stock picking opportunities and diversification benefits for the portfolio. Investment approach: A long-term investment horizon (>3 years) and a concentrated portfolio of approx. 25-30 stocks with a fundamental "bottom-up" investment approach enable attractive returns. Long-term experience, regular on-site company visits and in-depth know-how in Asian-Pacific companies provide promising expertise.
Risks
Share prices, especially in Asian and Pacific markets, may be subject to strong fluctuations. Price losses or a total loss in individual stocks are possible. A high concentration of the portfolio may increase the risk of loss. The shares in the fund are listed in foreign currencies. Currency fluctuations may occur, which may result in price losses in EUR. The fund may use derivatives to a limited extent. Increased opportunities are accompanied by increased risks of loss. Hedging may also reduce the fund's chances of making a profit. The Fund may be the victim of fraud or other criminal activity. The loss of trading persons may result in an adverse effect on investment performance. Custody Risks: There may be a risk of loss associated with the safekeeping of assets, particularly abroad, which may result from insolvency, breaches of duty of care or abusive conduct by the custodian/sub-custodian. The Fund may enter into various transactions with counterparties. If a contractual partner becomes insolvent, it may no longer be able to settle outstanding claims of the fund or may only be able to settle them in part.
- Information on further risks can be found in the Basisinformationsblatt and the VKP .
- In particular, the fund shows increased fluctuations in the unit price due to its composition and the possible use of derivatives.
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