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Eurozone equity
 FR0012881746   NAV -

5 years
of risk
Portfolio Manager
Eve Navarre

“A balanced, rigorous and pragmatic approach”

Founded in September, 2002, DENIM is an open-end fund registered in France. The fund invests in Eurozone Mid to Large-caps stocks. The fund provides a structured, pragmatic and balanced approach focused on stock-picking.

DENIM’s objective is to outperform the Euro Stoxx 50 Net Return (EUR) index an investment period of five years.


Fund performance
Past performance is not a reliable indicator of future performance.
Source: BNP PARIBAS Securities Services.


The fund’s philosophy is to provide investors with a balanced approach combining three investment profiles: Growth, i.e. companies that can generate visible growth in earnings and cash flows; Valuation, i.e. companies whose market valuation appears attractive according to growth prospects and cash flow generation; Momentum, i.e. companies whose end-markets are in recovery and which growth in earnings and cash flows hasn’t been yet identified.

The portfolio management team conducts a thorough analysis for each company, meets companies’ management teams and calculates a target price for each investment.


Prospectus dl Factsheet dl

Monthly report Quarterly report Annual report


Fund legal formFCP-French UCITS Settlement deadline D+3
ISIN codeFR0012881746 DepositaryBNP PARIBAS Securities Services
Fund categoryEurozone equity Investment horizonSuperior 5 years
Inception date05/08/2015 Scale of risk6
Reference currencyEuro Fixed management fees2.00 %
Reference indexEURO STOXX 50 Net Return (Euro) Variable management fees20% of the outperformance compared to benchmark
Valuation frequencyDaily Subscription feesMax. 4%
Capitalization or distribution Capitalization Redemption feesNone
Risk of capital loss Foreign-exchange risks

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