Date | Fund AUM | NAV | ISIN Code |
21/01/19 | 2 854 853$ | 129.085$ | LU0705291812 |
Date | Fund AUM | NAV | Reference index level | Currency | ISIN Code | TER |
21/01/19 | 2 854 853$ | 129.085$ | 151.06 | USD | LU0705291812 | 0.75% |
- Objective
- Characteristics
- Exposure
- Performance
- Components
The investment objective of OSSIAM EMERGING MARKETS MINIMUM VARIANCE NR is to replicate, before the Fund’s fees and expenses, the performance of the Ossiam Emerging Markets Minimum Variance Index closing level. The Ossiam Emerging Markets Minimum Variance Index is a total return index (net dividends reinvested) expressed in USD and calculated and published by Standard & Poor’s.
Legal form |
Ossiam Lux SICAV |
Domicile |
Luxembourg |
Fund type |
UCITS |
Inception date |
03/02/2012 |
TER |
0.75% |
Fund currency |
USD |
Share class currency |
USD |
Currency hedging |
N/A |
Dividends |
reinvested |
Minimum investment (on exchange) |
1 share |
Replication method |
synthetic |
Management company |
Ossiam |
Depositary |
State Street Bank International GmbH, Luxembourg Branch |
Administrative agent |
State Street Bank International GmbH, Luxembourg Branch |
Auditor |
Deloitte Audit S.à r.l |
ISIN code |
LU0705291812 |
Bloomberg code |
DEMV LN |
Reuters code |
DEMV.L |
Name of the reference index | ISIN Code |
Ossiam Emerging Markets Minimum Variance Index NR |
Name of the reference index | ISIN Code | Reuters RIC | Bloomberg Ticker | Methodology |
Ossiam Emerging Markets Minimum Variance Index NR | .OEMMVNR | OEMMVNR |
The Ossiam Emerging Markets Minimum Variance Index reflects the performance of a dynamic selection of the most liquid among the largest stocks from the S&P/IFCI® Index (the “Base Index”) which tracks the performance of leading companies in 20 emerging countries. Constituents of the Index will be selected on a semi-annual basis and weighted according to an optimization procedure. As such, sector, company, country and currency exposures in the Index will differ from those of the Base Index.
For a detailed description of the Index, see section “Description of the Index” in the relevant Fund Appendix of the Prospectus.
Source: Standard & Poor's - Calculation by Ossiam
Source: Standard & Poor's - Calculation by Ossiam
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Important information |
Ossiam Lux (the SICAV) is organized as an investment company with variable capital under the laws of the Grand-Duchy of Luxembourg and was approved by the Luxembourg market authority CSSF on 22/04/2011 under the Visa 2011/74085-7020-0-PC. Effective as of 20 May 2016, the SICAV has appointed Ossiam as its management company, responsible for the investment management, administration and distribution of the SICAV. The management company has appointed State Street Luxembourg as Administrative Agent, Paying Agent, Domiciliary and Corporate Agent, Registrar and Transfer Agent of the SICAV. Ossiam, a subsidiary of Natixis Investment Managers, is a French asset manager authorized by the Autorité des Marchés Financiers (Agreement No. GP-10000016). Although information contained herein is from sources believed to be reliable, Ossiam makes no representation or warranty regarding the accuracy of any information of which it is not the source. The information presented in this page is based on market data at a given moment and may change from time to time. The risks associated with the Fund and the Index are detailed in the « General Risk Considerations » section of the Prospectus, available in English on www.ossiam.com. Investments decision should only be made on the basis of the Prospectus. Investors should also be well informed about the main characteristics of the Index (number of stocks, sector and or country breakdown, past evolution…) in order to have an overview of the risks and opportunities related to an exposure to the Index. Some degree of performance difference between OSSIAM ETF product and the underlying index is to be expected as a result of index replication costs and tracking error. The sub-fund shown on this page is not registered or authorized in all jurisdictions and may not be available to all investors in a jurisdiction. Accordingly, if investors have any questions about the registration or authorization of the sub-fund referenced on this page, they should contact the Management Company or Investment Manager for further information. Any investment in or distribution of the sub-fund referenced herein would only be possible if it was in compliance with all applicable laws and regulations, including, but not limited to obtaining any required registrations. Ossiam Emerging Markets Minimum Variance Index Net Return USD (the "Index") is the exclusive property of Ossiam, which has contracted with Standard & Poor's Financial Services LLC ("S&P") to maintain and calculate the Index. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC Calculated by S&P Custom Indices and its related stylized mark(s) are service marks of Standard & Poor's Financial Services LLC and have been licensed for use by Ossiam. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index." OSSIAM EMERGING MARKETS MINIMUM VARIANCE NR is not sponsored, endorsed, sold or promoted by S&P, its affiliates or their third party licensors and neither S&P, its affiliates nor their its third party licensors make any representation regarding the advisability of investing in OSSIAM EMERGING MARKETS MINIMUM VARIANCE NR.
Source: Ossiam / Bloomberg - Calculation by Ossiam. Past performance is not a reliable indicator of future performance. Please note that if the performance of a strategy is calculated in a currency different from the currency of your area, any losses or gains generated by the strategy may be affected by exchange rate fluctuations (both upward and downward).
![]() |
Important information |
Ossiam Lux (the SICAV) is organized as an investment company with variable capital under the laws of the Grand-Duchy of Luxembourg and was approved by the Luxembourg market authority CSSF on 22/04/2011 under the Visa 2011/74085-7020-0-PC. Effective as of 20 May 2016, the SICAV has appointed Ossiam as its management company, responsible for the investment management, administration and distribution of the SICAV. The management company has appointed State Street Luxembourg as Administrative Agent, Paying Agent, Domiciliary and Corporate Agent, Registrar and Transfer Agent of the SICAV. Ossiam, a subsidiary of Natixis Investment Managers, is a French asset manager authorized by the Autorité des Marchés Financiers (Agreement No. GP-10000016). Although information contained herein is from sources believed to be reliable, Ossiam makes no representation or warranty regarding the accuracy of any information of which it is not the source. The information presented in this page is based on market data at a given moment and may change from time to time. The risks associated with the Fund and the Index are detailed in the « General Risk Considerations » section of the Prospectus, available in English on www.ossiam.com. Investments decision should only be made on the basis of the Prospectus. Investors should also be well informed about the main characteristics of the Index (number of stocks, sector and or country breakdown, past evolution…) in order to have an overview of the risks and opportunities related to an exposure to the Index. Some degree of performance difference between OSSIAM ETF product and the underlying index is to be expected as a result of index replication costs and tracking error. The sub-fund shown on this page is not registered or authorized in all jurisdictions and may not be available to all investors in a jurisdiction. Accordingly, if investors have any questions about the registration or authorization of the sub-fund referenced on this page, they should contact the Management Company or Investment Manager for further information. Any investment in or distribution of the sub-fund referenced herein would only be possible if it was in compliance with all applicable laws and regulations, including, but not limited to obtaining any required registrations. Ossiam Emerging Markets Minimum Variance Index Net Return USD (the "Index") is the exclusive property of Ossiam, which has contracted with Standard & Poor's Financial Services LLC ("S&P") to maintain and calculate the Index. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC Calculated by S&P Custom Indices and its related stylized mark(s) are service marks of Standard & Poor's Financial Services LLC and have been licensed for use by Ossiam. S&P and its affiliates shall have no liability for any errors or omissions in calculating the Index." OSSIAM EMERGING MARKETS MINIMUM VARIANCE NR is not sponsored, endorsed, sold or promoted by S&P, its affiliates or their third party licensors and neither S&P, its affiliates nor their its third party licensors make any representation regarding the advisability of investing in OSSIAM EMERGING MARKETS MINIMUM VARIANCE NR.
For the sake of transparency, Ossiam publishes the full composition of the reference index (with a delay of 2 working days due to index provider constraints). The table below shows the 10 largest stocks in the index. To download the full composition of the index, click on the link "download the index composition (Excel)".
Name | ISIN Code | Weights | Close price | Currency |
Saudi Telecom Co | SA0007879543 | 3.19% | 113.20 | SAR |
Dar Al Arkan Real Estate Devel | SA11U0S23612 | 2.73% | 8.70 | SAR |
Advanced Info Service PCL | TH0268010Z03 | 2.64% | 179.00 | THB |
Al Rajhi Bank | SA0007879113 | 2.62% | 74.20 | SAR |
Alinma Bank | SA122050HV19 | 2.55% | 16.42 | SAR |
Chunghwa Telecom Co Ltd | TW0002412004 | 2.32% | 111.00 | TWD |
Bangkok Bank PCL | TH0001010006 | 2.25% | 121.50 | THB |
Gulf Energy Development PCL | TH8319010006 | 2.25% | 35.50 | THB |
CP ALL PCL | TH0737010Y08 | 2.15% | 58.00 | THB |
Kasikornbank PCL | TH0016010009 | 2.13% | 115.00 | THB |
Source: Standard & Poor's - Data shown relates to the 10 largest stocks in the index. To access the complete composition of the index, click on the link below
The fund uses synthetic replication to track the performance of the Index. Therefore, the Fund holds a basket of stocks called a "substitude basket" and an index swap. The substitute basket is a selection of stocks that are included in the index composition or that can be different from the latter one. The index swap is a contract between the ETF and one or more counterparties according to which the ETF pays to the counterparty(ies) the performance of the substitute basket and receives from the counterparty(ies) the performance of the index. For the sake of transparency, Ossiam publishes the full composition of the ETF assets (with a delay of 2 working days due to index provider constraints). The table below shows the 10 largest lines of the ETF assets. To download the full composition of the ETF assets, click on the link "download the fund assets (Excel)".
Name | ISIN Code | Weights |
ArcelorMittal | LU1598757687 | 6.54% |
J.P. Morgan AG | 6.34% | |
AMADEUS IT HOLDING SA-A SHS | ES0109067019 | 6.22% |
ING Groep NV | NL0011821202 | 6.01% |
Airbus SE | NL0000235190 | 5.54% |
BAYERISCHE MOTOREN WERKE AG | DE0005190003 | 5.19% |
Fortum OYJ | FI0009007132 | 4.65% |
Covestro AG | DE0006062144 | 4.39% |
BASF SE | DE000BASF111 | 4.35% |
RWE AG | DE0007037129 | 4.13% |
Name | ISIN Code | Weights |
ArcelorMittal | LU1598757687 | 6.54% |
J.P. Morgan AG | 6.34% | |
AMADEUS IT HOLDING SA-A SHS | ES0109067019 | 6.22% |
ING Groep NV | NL0011821202 | 6.01% |
Airbus SE | NL0000235190 | 5.54% |
BAYERISCHE MOTOREN WERKE AG | DE0005190003 | 5.19% |
Fortum OYJ | FI0009007132 | 4.65% |
Covestro AG | DE0006062144 | 4.39% |
BASF SE | DE000BASF111 | 4.35% |
RWE AG | DE0007037129 | 4.13% |
Source: Standard & Poor's - Data shown relates to the 10 largest stocks in the index. To access the complete composition of the index, click on the link below
Equity Participation Rate (%) |
93,4071 % |