Echiquier Allocation Flexible B
Echiquier Allocation Flexible is an asset allocation fund that adopts a strategic and tactical investment approach across a wide range of asset classes and countries via simple instruments (mutual funds, ETFs, listed derivatives). Its equity exposure is capped at 80%.
Class B - FR0013433505 - NAV : 110,65€
As of 01/07/2024
Fund Managers
Fund Manager
A 2010 graduate of ISAM-IAE Nancy, Enguerrand started his career at BNP Paribas Wealth Management in Luxembourg in discretionary management. In 2014, he joined La Financière de l'Echiquier and the Collective Management team, where he worked in particular on fund analysis and macroeconomics. In charge of external fund selection from 2017, he has been manager of allocation funds and mandates since 2018. Since 2024, the year Tocqueville Finance and LFDE merged, he has been part of LFDE's Allocation team.
Fund Manager
Alexis is a graduate of the Ecole Normale Supérieure de Lyon (formerly Fontenay-Saint Cloud), agrégé and doctor of philosophy, with a thesis in the philosophy of probability. In 2006, he became a fund selector and multi-manager with the Primonial group. In 2018, Alexis joined La Financière de l'Echiquier, where he manages allocation funds & mandates. In 2021, he became holder of the Certificate in ESG Investing issued by the CFA. Since 2024, the year Tocqueville Finance and LFDE merged, he has been part of LFDE's Allocation team.
Fund Manager
With a Master's degree in Economic and Financial Engineering from Paris-Dauphine University, Clément started his career at KBL Richelieu. With the Primonial group since October 2010, he was first manager-analyst in the quantitative management team, then manager-analyst in the discretionary management team from 2013. In 2018, he became allocation manager at La Financière de l'Echiquier. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of LFDE's Allocation team.
Performance
Price dataCalendar performance (%)
Past performance is not an indication of future performance. Returns indicated are after management fees but before taxes paid by the investor.
Before 5 November 2019, the benchmark was 50% MSCI All Country World Index calculated in dollars and converted into euros, net dividends reinvested + 50% Citigroup WGBI All Maturities EUR calculated coupons reinvested. Then, until 31 December 2021 the benchmark was the Capitalised Eonia +5%.
Calendar performance (%)
| 2024 | |
| Echiquier Allocation Flexible B | +1,48 |
| Benchmark | +3,79 |
| 2023 | |
| Echiquier Allocation Flexible B | +0,29 |
| Benchmark | +7,44 |
| 2022 | |
| Echiquier Allocation Flexible B | -8,21 |
| Benchmark | +5,14 |
| 2021 | |
| Echiquier Allocation Flexible B | +7,03 |
| Benchmark | +4,46 |
| 2020 | |
| Echiquier Allocation Flexible B | +7,46 |
| Benchmark | +4,52 |
Cumulative performance (%)
| 3 months | |
| Echiquier Allocation Flexible B | -1,36 |
| Benchmark | +1,86 |
| 2024 | |
| Echiquier Allocation Flexible B | +1,48 |
| Benchmark | +3,79 |
| 1 year | |
| Echiquier Allocation Flexible B | +3,57 |
| Benchmark | +7,67 |
| 3 years | |
| Echiquier Allocation Flexible B | -6,09 |
| Benchmark | +19,85 |
| 5 years | |
| Echiquier Allocation Flexible B | - |
| Benchmark | - |
| 10 years | |
| Echiquier Allocation Flexible B | - |
| Benchmark | - |
| Inception | |
| Echiquier Allocation Flexible B | +10,65 |
| Benchmark | +29,96 |
Annualised performance (%)
| 1 year | |
| Echiquier Allocation Flexible B | +3,56 |
| Benchmark | +7,65 |
| 3 years | |
| Echiquier Allocation Flexible B | -2,07 |
| Benchmark | +6,22 |
| 5 years | |
| Echiquier Allocation Flexible B | - |
| Benchmark | - |
| 10 years | |
| Echiquier Allocation Flexible B | - |
| Benchmark | - |
| Inception | |
| Echiquier Allocation Flexible B | +2,13 |
| Benchmark | +5,62 |
Risk indicators (%)
| 1 year | |
| Fund volatility | 4,17 |
| Index volatility | 0,04 |
| Sharpe ratio | 0,96 |
| Information ratio | -0,88 |
| Beta | 2,34 |
| 3 years | |
| Fund volatility | 4,86 |
| Index volatility | 0,19 |
| Sharpe ratio | -0,35 |
| Information ratio | -1,65 |
| Beta | 1,38 |
| 5 years | |
| Fund volatility | - |
| Index volatility | - |
| Sharpe ratio | - |
| Information ratio | - |
| Beta | - |
Characteristics
| General characteristics of the fund | |
| Fund Inception | 17/09/2019 |
| Société de gestion | La Financière de l'Echiquier |
| Legal form | |
| Reference indicator | €STER capitalisé+5% |
| Investment horizon | 3 years |
| Periodicity and Listing currency | (EUR) |
| Custodian | BNP Paribas SA |
| Fund Administrator | Société Générale |
| SFDR classification | Article 6 |
| Share class characteristics | |
| Fund Inception | 17/09/2019 |
| ISIN Code | FR0013433505 |
| SRI PRIIPS | 3/7 |
| Minimum subscription amount | Null |
| Investor profile | |
| Tax included Including tax | 2,00% |
| Subscription fee max. tax incl. not retained by the fund | 3,00% |
| Redemption fee max. tax incl. not retained by the fund | 0,00% |
| Frais de gestion et autres frais administratifs et d'exploitation (based on the fund's last fiscal year) |
2,68% |
| Coûts de transaction (based on the average of the fund's last 3 fiscal years) |
0,03% |
Legal information
The information provided above is not contractual and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Management fees are included in performances. The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee. Access to the products and services presented herein may be subject to restrictions for certain people or countries. Taxation depends on each investor’s personal situation. The risks, charges and recommended investment period of the investment funds presented are described in the KIIDs (key investment information documents) and prospectuses available on this website. The KIID must be provided to potential investors prior to subscription.