flash awards Natixis Asset Management awarded at the Le Revenu Trophies 2010 Natixis Asset Management(1) walked away, on May 27th, with 6 trophies in recognition of its fund expertise and performance at the 2010 Le Revenu Trophies. In this, the 24th 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(2): n the “Best Fund Range” Trophies(3) n the “Best Fund” Trophies(4) n the “Best Overall Performance” Trophies for ranges(5) In order to win, the funds or fund ranges had to strike the best balance between risk and return of their peer groups(6) in the various categories, measured over three years or ten years.
Natixis Asset Management received 6 awards in the category “Network banks”, “Insurers” and “Specialist providers” over 3 years. Golden Trophy Best range of international bond funds (Category "Specialist providers")
Silver Trophy Best range of euro bond funds (Category "Network banks" for Caisses d’Epargne)
Golden Trophy Best range of balanced funds (Category "Insurers" for CNP)
Silver Trophy Best range of sector funds (Category "Network banks" for Banque Populaire)
Golden Trophy Best overall performance (Category "Insurers" for CNP)
Bronze Trophy Best range of euro equities funds (Category “Insurers" for CNP)
Source: Le Revenu Placements - June 2010
CORPORATE AND INVESTMENT BANKING / INVESTMENT SOLUTIONS / SPECIALIZED FINANCIAL SERVICES
flash awards 2010
(1) Eligible institutions: “Network banks” with at least 100 branches, “Insurers” or “Specialist providers”. (2) Eligible funds: This year, 8,000 funds (SICAVs and FCPs) authorized for sale in France were in contention. These funds had to have been rated by EuroPerformance for at least three years as of March 31, 2010. Only those funds that allow subscriptions of less than EUR 5,000 were eligible. Similarly, funds designated for institutional clients by their promoters were not considered. Special cases: n International equity funds: European equity funds are no longer eligible for these awards. As their scores and risk levels were closer to those of euro-zone equity funds, they were moved to that category (with the exception of equity funds specializing in the emerging countries of central and Eastern Europe, which compete in the international equities category). 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 have distorted the ranking. n International bond funds: In the current environment, funds for 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.
(3) For the “Best Fund Range” Trophies over three years, there are six categories per type of institution (insurers, banks, and specialist providers): euro-zone equities, international equities, sector equities, mixed funds, euro bonds, and international bonds. Each institution must have at least three funds in each category in competition. (4) For the “Best Fund” Trophies over ten years, there are six categories across all types of institution: euro-zone equities, international equities, sector equities, mixed funds, euro bonds, and international bonds. Each institution must have at least three funds in each category in competition. (5) For the “Best Overall Performance” Trophies: One “Best Overall Performance” Trophy over three years has been awarded in each of the following categories: insurers, banks, and specialist providers. A single “Best Overall Performance” Trophy over ten years has also been awarded for all categories combined. Each institution must have at least one fund in each of the following categories: euro-zone equities, international equities, mixed euro funds, mixed international funds, euro-zone bonds, and international bonds. (6) Methodology: Uses the database of UCITSs (SICAVs and FCPs) authorized for sale in France and tracked by EuroPerformance, as of March 31, 2010. 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.
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.
The figures mentioned refer to previous years. Past performance or reference to any rankings or awards cannot be interpreted as indicating the future performance of the fund or its manager.