May 2011
FLASH AWARDS Natixis Asset Management awarded at the Le Revenu Trophies 2011 The 26th May, Natixis Asset Management walked away with 2 trophies in recognition of its fund expertise and performance at the 2011 Le Revenu Trophies.
In this, the 25th year of the awards, a total of 80 prizes were presented across three main categories, based on a rigorous marking system for the 8,000 funds in contention: n the “Best Fund Range” Trophies n the “Best Fund” Trophies n the “Best Overall Performance” Trophies for ranges or funds In order to win, the funds or fund ranges had to strike the best balance between risk and return of their peer groups in the various categories, measured over 3 years or 10 years. Natixis Asset Management received 2 awards in the following categories “Network banks” and “Specialist providers” over 3 years. Silver Trophy Best range of international fixed income (Category "Specialist providers")
Silver Trophy Best range of sector equities (Category "Network banks" for Banque Populaire)
Source: Le Revenu Placements - June 2011 - Special issue
The figures mentioned refer to previous years. Past performance or references to any rankings or awards are not necessarily indicators of the fund’s future results or the future achievements of its managers.
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FLASH AWARDS / MAY 2011
METHODOLOGY
Eligible institutions
Categories honored
“Network banks” with at least 100 branches, “insurers” or
n For the “Best Fund Range” Trophies over three years,
“specialist providers”.
there are six categories per type of institution (insurers, banks, and specialist providers): euro-zone equities, international
Eligible funds:
equities, sector equities, mixed funds, euro bonds, and
This year, 8,000 funds (SICAVs and FCPs) authorized for sale in
international bonds.
France were in contention.
Each institution must have at least three funds in each category
These funds had to have been rated by EuroPerformance for at
in competition.
least three years as of March 31, 2011.
n For the “Best Fund” Trophies over ten years,
Only those funds that allow subscriptions of less than EUR
there are six categories across all types of institution: euro-zone
5,000 were eligible.
equities, international equities, sector equities, mixed funds,
Similarly, funds designated for institutional clients by their
euro bonds, and international bonds.
promoters were not considered.
Each institution must have at least three funds in each category in competition.
Special cases:
n For the “Best Overall Performance” Trophies:
n International equity funds: European equity funds are no longer
One “Best Overall Performance” Trophy over three years has
eligible for these awards. As their scores and risk levels were
been awarded in each of the following categories: insurers,
closer to those of euro-zone equity funds, they were moved to
banks, and specialist providers.
that category (with the exception of equity funds specializing in
A single “Best Overall Performance” Trophy over ten years has
the emerging countries of central and Eastern Europe, which
also been awarded for all categories combined.
compete in the international equities category).
Each institution must have at least one fund in each of the
n Mixed funds: Money market funds under the PEA (stock market savings plan) scheme were not included, as their risk profile is similar to that of money market SICAVs, which would
following categories: euro-zone equities, international equities, mixed euro funds, mixed international funds, euro-zone bonds, and international bonds.
have distorted the ranking. which currency risk is hedged were not included, as Le Revenu believes that their risk profile is closer to that of euro-zone bond funds than to that of funds exposed to currency movements. n Ranges of sector funds: Le Revenu has introduced the requirement to have funds in at least three sectors to be eligible to compete, in order to prevent the awards being swayed by the performance of a single sector.
Group ratings Uses the database of UCITSs (SICAVs and FCPs) authorized for sale in France and tracked by EuroPerformance, as of March 31, 2011. The funds’ results over three years and ten years were adjusted using a volatility index to take account of risk. Money market funds that bear no risk were consequently excluded.
Source: Le Revenu Placements - June 2011 - Special issue
The figures mentioned refer to previous years. Past performance or references to any rankings or awards are not necessarily indicators of the fund’s future results or the future achievements of its managers.
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This document has been prepared by the Communications Department -May 2011.
n International bond funds: In the current environment, funds for
FLASH AWARDS / MAY 2011
LEGAL INFORMATION The funds mentioned in this material are not registered or authorized in
2000; or are high net worth businesses with called up share capital or net
all jurisdictions and may not be available to all investors in a jurisdiction.
assets of at least £5 million or in the case of a trust assets of at least £10
The provision of this material does not constitute an offer of services,
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cial instrument. Investors should consider the investment objectives,
2000 (Financial Promotion) Order 2005 or the (Promotion of Collective In-
risks and expenses of any investment carefully before investing. In the
vestment Schemes) (Exemption) Order 2001 (the "Intended Recipients").
case of a fund, these can be found in the fund’s prospectus or offering
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memorandum, which should be read carefully before investing. If you
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Any reference to a ranking, a rating or an award provides no guarantee for
Associates S.A. or one of its branch offices listed below. Natixis Global
future performance results and is not constant over time. Performance
Associates S.A. is a Luxembourg management company that is autho-
data shown represents past performance and is not a guarantee of fu-
rized by the Commission de Surveillance du Secteur Financier and is in-
ture results. More recent performance may be lower or higher. Principal
corporated under Luxembourg laws and registered under n. B 115843.
value and returns fluctuate over time (including as a result of currency
Registered office of Natixis Global Associates S.A.: 2-8 Avenue Charles
fluctuations) so that shares, when redeemed, will be worth more or less
de Gaulle, L-1653 Luxembourg, Grand Duchy of Luxembourg. France:
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Natixis Global Associates International (n.509 471 173 RCS Paris). Regis-
but does not include the effect of sales charges or correspondent bank
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charges, and assumes reinvestment of distributions. If such charges
ciates S.A. Succursale Italiana (Bank of Italy Register of Italian Asset Ma-
were included, returns would have been lower. The analyses, opinions,
nagement Companies no 23458.3). Registered office: Via San Clemente,
and certain of the investment themes and processes referenced herein
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gniederlassung Deutschland (Registration number: HRB 88541). Regis-
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transpire as may be forecasted in this material.
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In certain cases, this material is provided by one of the Natixis Global
den: Natixis Global Associates S.A. (Luxembourg) Nordics Filial (Regis-
Associates entities listed below, each of which is a subsidiary of Natixis
tration number 516405-9601 - Swedish Companies Registration Office).
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