KBC Dynamic Balanced, a sub-fund of KBC Horizon, strives to achieve the highest possible return by investing the funds raised in accordance with the investment policy of KBC ExpertEase Dynamic Balanced. In order to achieve return, investment management focuses twice as much on reducing risk than on the potential for investment growth. This means that the part of the portfolio that can be converted into lower risk investments (such as cash) is larger than the part that would be obtained if equal attention was paid to both reducing risk and the potential for investment growth. The fund invests directly or indirectly in various asset classes, such as shares and/or equity-related investments (“equity share”), bonds and/or bond-related investments (“bond share”), money market instruments, cash and cash equivalents and/or alternative investments (including real estate as well as financial instruments related to commodity market price movements).
When applying the investment policy of KBC Asset Management NV, an analysis of the financial and economic development and the prospects for specific regions, sectors and spheres is made. If financial market conditions are uncertain, volatile, or both, part of the portfolio may also be converted to lower-risk investments (such as cash). If the equity share performs better than the bond share or vice versa, the investment management may use part of the portfolio to purchase additional assets of the best performing class between these two classes and to sell assets of the class with the worst results.
The target asset allocation is 55% investments in shares and/or equity investments (“equity share”) and 45% investments in bonds and/or bond investments (“bond share”). The target allocation may deviate in accordance with the investment policy of KBC Asset Management NV. Therefore, the fund may invest in asset classes that are not included in the target asset allocation. The equity share can increase up to a maximum of 70% of the fund’s assets. The equity share is invested in a selection of shares from worldwide, regardless of region, sector or sphere.
|Fund type||Balanced fund|
|Fund rating||4, based on a scale from 1 (low risk) up to 7 (high risk)|
|Risk/Return Indicator||4, based on the scale from 1 (lower risk and potentially lower return) up to 7 (higher risk and potentially higher return)
A value of 4 reflects the market sensitivity of the different assets, in which the fund invests. Therefore, the indicator is between those for typical bond-type funds (3) and the typical equity-type funds (6)
|Legal form||Sub-fund of the Belgian Bevek Horizon mutual fund.|
|Initial subscription price||Capitalized and allocated shares of EUR 1 000 each|
|Initial offerring date||2 January 2017|
|Net asset value||Use this link and fill-in BE6290509593 in the field “Name ISIN”, so that you can check the current net asset value as of the last date of publishing, as well as detailed information in English for the respective fund.|
|Liquidity and availability||Daily|
|Custody||Custody is free of charge for units of the sub-fund that are held in a deposit account with a KBC Group company.|
|Minimum investment value||EUR 100|
|Tax-reporting and taxation||Ownership of units in KBC ExpertEase Dynamic Balanced fund is subject to reporting in the Annual Tax Return under Art. 50 of the Natural Persons' Income Tax Act, as the profit is not taxable.|
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