Indépendance France Small
Indépendance et Expansion – France is our equity fund focused on French small- and mid-cap listed businesses. Since its creation in 1993, we manage it according to our signature strategy, Quality Value.
| Annual performance since 1993 (net of fees) |
| Asset class | Small & Mid Caps France |
| Eligibility | PEA /Life Insurance |
| SFDR | Article 8 |
Main locations for businesses in our portfolio
Non-exhaustive list by 31.12.2022
Head offices
Other locations
Outstanding
balance
240M€
By 31/03/2023
Fund
performance (YTD)
Performance table
Performance history
Indépendance - France Small - Part X (C)
Past performance is not indicative of future performance
Annual performance since 1993
22/29years
of overperformance
24/29years
of positive performance
Performance graph
Cumulative performance
Annualised performance
Performance net of fees
Data by 28/09/2023
Responsible investment
Article 8 fund under SFDR: promoting “environmental or social characteristics”
ESG criteria formally integrated in investment process since 2016
member of the Principles for Responsible Investment network
France Relance certification “promoting sustainable development of French small businesses”
Listing of our funds
Our funds are listed and available for investment with several partners.
Institutional platforms
French and Luxembourg life insurance
Securities accounts, PEA, PEA-PME
Characteristics
Risk level
1
2
3
4
5
6
7
The SRRI is based on past volatility results. It may change over time and is not a reliable indicator of the fund’s future risk profile. The lowest category does not imply a risk-free investment.
| Characteristics | |
|---|---|
| Legal structure | UCITS |
| Valuation | Daily |
| Currency | EUR |
| Recommended investment horizon | > 3 years |
| Subscriptions | 5 years |
| Redemptions | Daily |
| Depositary bank | Luxembourg CACEIS Bank |
| Fund administrator | Luxembourg CACEIS Bank |
| Risk level | 5 over 7 |
| Benchmark | CAC Mid & Small NR |
| Eligible | PEA |
| Fees | Shares Class X (C) and A (C) | Share Class I (C) |
|---|---|---|
| Subscrption fees | 0% | 1% max |
| Minimum subscription | 1 action | 1 action |
| Redemption fees | 0% | 0% |
| Management fees | 1,95% | 1,40% |
| Outperformance fee | 10% | 10% |
| ISIN CODES |
|
|---|---|
| Share class X (C) – Institutional investors | LU0104337620 |
| Share class A (C) – Individual investors | LU0131510165 |
| Share class I (C) – Clean Share | LU1964632324 |
Documentation
| Documents to download |
|---|
| Regulatory information |
| PRIIPS-KID SHARE X (C) – LU0104337620 |
| PRIIPS-KID SHARE A (C) – LU0131510165 |
| PRIIPS-KID SHARE I (C) – LU1964632324 |
| Prospectus |
| Reports |
| Annual report |
| Semestrial report |
Monthly report - 2023
Monthly report - 2022
Monthly report - 2021
Monthly report - 2020
Our other funds
Our investment expertise in small-cap stocks is dedicated to 3 funds
Indépendance et Expansion – Europe
French businesses
Since 2018
IE Family Value
Family businesses
2021 – 2028