| Date | Fund AUM | NAV | ISIN Code |
| 17/06/19 | 18 734 850€ | 117.093€ | LU1254455949 |
| Date | Fund AUM | NAV | Reference index level | Currency | ISIN Code | TER |
| 17/06/19 | 18 734 850€ | 117.093€ | 117.09 | EUR | LU1254455949 | 0.65% |
- Introduction
- Characteristics
- Exposure
- Performances
- Composition
The investment objective of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR is to replicate, before the Fund’s fees and expenses, the performance of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR (the “Index”) EUR closing level.
The Index is a total return index (net dividends reinvested) expressed in EUR, calculated and published by STOXX (the “Index Provider”).
The iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR reflects the performance of a dynamic selection of stocks with a high dividend yield. Only the stocks from the STOXX® Europe 600 Index (the “Base Index”) that pass the liquidity screening can enter the selection. The Base Index tracks the performance of 600 leading companies in major European industries in 18 European countries.
| Authorized Participants | see section : Partners |
| Auditor | Deloitte Audit S.A.R.L |
| Depositary / Administrative Agent | State Street Bank Luxembourg S.A. |
| Information and paying agent | State Street Bank Luxembourg S.A. |
| Liquidity provider | BNP Paribas |
| Investment manager | Ossiam |
| Management company | Ossiam |
| Cut off time | 3:30 pm (Luxembourg) |
| Replication type | Synthetic (unfunded swap) |
| Country(ies) of registration | Luxemboug, Germany and Austria |
| Dividends | Distributed |
| Parity | 1 |
| Minimum investment | 1 unit |
| Legal form | Luxembourg SICAV |
| Listing place | Bourse de Luxembourg, XETRA |
| Share Currency | EUR |
| UCITS IV | Yes |
| Inception date | 07/11/2016 |
| TER | 0.65% |
| Name of the reference index | ISIN Code |
| iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR | CH0304074856 |
| Name of the reference index | ISIN Code | Reuters RIC | Bloomberg Ticker | Methodology |
| iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR | CH0304074856 | ISEMVHDT |
The Index is a total return index (net dividends reinvested) expressed in EUR, calculated and published by STOXX (the “Index Provider”).
The iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR reflects the performance of a dynamic selection of stocks with a high dividend yield. Only the stocks from the STOXX® Europe 600 Index (the “Base Index”) that pass the liquidity screening can enter the selection. The Base Index tracks the performance of 600 leading companies in major European industries in 18 European countries.
Constituents of the Index will be weighted according to an optimization procedure by the Index Provider. As such, sector and company exposures in the
Index will differ from those of the Base Index.
The Index composition will be reconstituted on a monthly basis subject to certain provisions and composition restrictions. Only the stocks among the 100 with the highest dividend yield (based on current annualized dividend yield) satisfying liquidity requirements (based on their recent average daily traded amounts on their respective exchange) of the Base Index are eligible for inclusion in the Index. Stocks are also screened by other characteristics including a history of paying dividends and dividend growth.
Source : STOXX Ltd - calculation by Ossiam
Source : STOXX Ltd - calculation by Ossiam based on the country of domiciled of each stock.
| Important information |
"STOXX Limited and its licensors (the "Licensors") have no relationship to the OSSIAM, other than the licensing of the iSTOXX® EUROPE MINIMUMVARIANCE HIGH DIVIDEND INDEX NR and the related trademarks for use in connection with the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR. iSTOXX indices are tailored to a customer request or market requirement based on an individualized rule book which is not integrated into the STOXX Global index family. STOXX and its Licensors do not:
sponsor, endorse, sell or promote the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
recommend that any person invest in the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other securities.
have any responsibility or liability for or make any decisions about the timing, amount or pricing of OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
have any responsibility or liability for the administration, management or marketing of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
consider the needs of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or the owners of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR in determining, composing or calculating the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or have any obligation to do so.
STOXX and its Licensors give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or their performance. STOXX does not assume any contractual relationship with the purchasers of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other third parties.
Specifically, STOXX and its Licensors do not give any warranty, express or implied, and exclude any liability about:
The results to be obtained by the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR, the owner of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other person in connection with the use of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and the data included in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR;
The accuracy, timeliness, and completeness of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and its data;
The merchantability and the fitness for a particular purpose or use of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and its data;
The performance of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR generally.
STOXX and its Licensors give no warranty and exclude any liability, for any errors, omissions or interruptions in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or its data; Under no circumstances will STOXX or its Licensors be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or its data or generally in relation to the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR, even in circumstances where STOXX or its Licensors are aware that such loss or damage may occur. The licensing Agreement between the OSSIAM and STOXX is solely for their benefit and not for the benefit of the owners of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other third parties."
Source: Ossiam / Bloomberg - Calculation by Ossiam. Past performance is not a reliable indicator of future performance.
| Important information |
"STOXX Limited and its licensors (the "Licensors") have no relationship to the OSSIAM, other than the licensing of the iSTOXX® EUROPE MINIMUMVARIANCE HIGH DIVIDEND INDEX NR and the related trademarks for use in connection with the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR. iSTOXX indices are tailored to a customer request or market requirement based on an individualized rule book which is not integrated into the STOXX Global index family. STOXX and its Licensors do not:
sponsor, endorse, sell or promote the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
recommend that any person invest in the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other securities.
have any responsibility or liability for or make any decisions about the timing, amount or pricing of OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
have any responsibility or liability for the administration, management or marketing of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR.
consider the needs of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or the owners of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR in determining, composing or calculating the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or have any obligation to do so.
STOXX and its Licensors give no warranty, and exclude any liability (whether in negligence or otherwise), in connection with the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or their performance. STOXX does not assume any contractual relationship with the purchasers of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other third parties.
Specifically, STOXX and its Licensors do not give any warranty, express or implied, and exclude any liability about:
The results to be obtained by the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR, the owner of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other person in connection with the use of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and the data included in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR;
The accuracy, timeliness, and completeness of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and its data;
The merchantability and the fitness for a particular purpose or use of the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR and its data;
The performance of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR generally.
STOXX and its Licensors give no warranty and exclude any liability, for any errors, omissions or interruptions in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or its data; Under no circumstances will STOXX or its Licensors be liable (whether in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND INDEX NR or its data or generally in relation to the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR, even in circumstances where STOXX or its Licensors are aware that such loss or damage may occur. The licensing Agreement between the OSSIAM and STOXX is solely for their benefit and not for the benefit of the owners of the OSSIAM iSTOXX® EUROPE MINIMUM VARIANCE HIGH DIVIDEND NR or any other third parties."
For the sake of transparency, Ossiam publishes the full composition of the reference index (with a delay of 2 working days due to index provider constraints). The table below shows the 10 largest stocks in the index. To download the full composition of the index, click on the link "download the index composition (Excel)".
| Name | ISIN Code | Weights | Close price | Currency |
| KUEHNE & NAGEL INTL AG-REG | CH0025238863 | 4.70% | 157.80 | CHF |
| SWISSCOM AG-REG | CH0008742519 | 4.62% | 465.90 | CHF |
| TELIASONERA AB | SE0000667925 | 4.60% | 39.18 | SEK |
| GLAXOSMITHKLINE PLC | GB0009252882 | 4.50% | 16.85 | GBP |
| SWISS RE AG | CH0126881561 | 4.48% | 88.25 | CHF |
| IMPERIAL TOBACCO GROUP PLC | GB0004544929 | 4.10% | 35.50 | GBP |
| KONE OYJ-B | FI0009013403 | 4.06% | 46.51 | EUR |
| ENDESA SA | ES0130670112 | 3.96% | 22.07 | EUR |
| National Grid PLC | GB00BDR05C01 | 3.94% | 10.18 | GBP |
| ROYAL DUTCH SHELL PLC-A SHS | GB00B03MLX29 | 3.87% | 24.16 | EUR |
| Name | ISIN Code | Weights | Close price | Currency |
| KUEHNE & NAGEL INTL AG-REG | CH0025238863 | 4.70% | 157.80 | CHF |
| SWISSCOM AG-REG | CH0008742519 | 4.62% | 465.90 | CHF |
| TELIASONERA AB | SE0000667925 | 4.60% | 39.18 | SEK |
| GLAXOSMITHKLINE PLC | GB0009252882 | 4.50% | 16.85 | GBP |
| SWISS RE AG | CH0126881561 | 4.48% | 88.25 | CHF |
| IMPERIAL TOBACCO GROUP PLC | GB0004544929 | 4.10% | 35.50 | GBP |
| KONE OYJ-B | FI0009013403 | 4.06% | 46.51 | EUR |
| ENDESA SA | ES0130670112 | 3.96% | 22.07 | EUR |
| National Grid PLC | GB00BDR05C01 | 3.94% | 10.18 | GBP |
| ROYAL DUTCH SHELL PLC-A SHS | GB00B03MLX29 | 3.87% | 24.16 | EUR |
Source: STOXX Ltd - data shown relate to the 10 largest stocks in the index. To access the full composition click on the excel link.
The fund uses synthetic replication to track the performance of the Index. Therefore, the Fund holds a basket of stocks called a "substitude basket" and an index swap. The substitute basket is a selection of stocks that are included in the index composition or that can be different from the latter one. The index swap is a contract between the ETF and one or more counterparties according to which the ETF pays to the counterparty(ies) the performance of the substitute basket and receives from the counterparty(ies) the performance of the index. For the sake of transparency, Ossiam publishes the full composition of the ETF assets (with a delay of 2 working days due to index provider constraints). The table below shows the 10 largest lines of the ETF assets. To download the full composition of the ETF assets, click on the link "download the fund assets (Excel)".
| Name | ISIN Code | Weights |
| SOFTWARE AG | DE0003304002 | 7.99% |
| SILTRONIC AG | DE000WAF3001 | 7.96% |
| HOCHTIEF AG | DE0006070006 | 7.92% |
| COVESTRO AG | DE0006062144 | 6.93% |
| Morgan Stanley | 4.75% | |
| GN STORE NORD A/S | DK0010272632 | 4.73% |
| HANNOVER RUECK SE | DE0008402215 | 4.31% |
| UNITED INTERNET AG-REG SHARE | DE0005089031 | 4.29% |
| RHEINMETALL AG | DE0007030009 | 4.28% |
| ALLIANZ SE-REG | DE0008404005 | 4.27% |
| Name | ISIN Code | Weights |
| SOFTWARE AG | DE0003304002 | 7.99% |
| SILTRONIC AG | DE000WAF3001 | 7.96% |
| HOCHTIEF AG | DE0006070006 | 7.92% |
| COVESTRO AG | DE0006062144 | 6.93% |
| Morgan Stanley | 4.75% | |
| GN STORE NORD A/S | DK0010272632 | 4.73% |
| HANNOVER RUECK SE | DE0008402215 | 4.31% |
| UNITED INTERNET AG-REG SHARE | DE0005089031 | 4.29% |
| RHEINMETALL AG | DE0007030009 | 4.28% |
| ALLIANZ SE-REG | DE0008404005 | 4.27% |
Source: Ossiam - data shown relate to the 10 largest holdings of the fund. To access the full composition click on the excel link.











