Navigator

Investment strategy

Vector Navigator is an actively managed global equity fund, investing in companies that combine strong fundamentals with attractive valuation. The investment team employs a disciplined, fundamental analysis via a proprietary stock-selection model, assessing over 2500 companies worldwide. The model replicates the approach taken by traditional investors whilst avoiding common behavioural biases. Its output is used to support the decision making of the team, who combine the model’s systematic analysis with their assessment of a company’s risk profile. The Fund is designed for consistency and is not biased towards value, growth, quality or sentiment investment styles, but seeks to benefit from the impact of such factors on stock valuations throughout the investment cycle. Each stock is systematically analysed across all of these dimensions, factoring in market sentiment towards the company, to identify those with the most attractive combinations. Throughout a full business cycle, the Fund aims to maximise its alpha while targeting a beta of 1 with global equity markets. The Fund may hold cash on an ancillary basis and invest up to 10% of its net assets in UCITS. It may also use futures and other derivatives to hedge its currency and market exposure.


Annual return: 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 10/18
Vector Navigator C1: 4.83 11.72 32.28 11.53 0.64 -47.91 30.20 18.22 -5.91 23.08 23.66 20.40 12.03 6.04 15.10 -2.04
World Index 4.50 6.94 27.71 8.20 0.71 -39.20 30.44 20.50 -4.25 14.34 17.49 18.62 8.76 11.09 8.90 7.00
Diff.: +0.33 +4.78 +4.56 +3.33 -0.07 -8.70 -0.24 -2.28 -1.66 +8.74 +6.17 +1.78 +3.27 -5.05 +6.20 -9.05

The information contained within this site has been compiled with care to ensure accuracy at the date of publication however the development of Vector products and services is continuous and published information may not always be up to date. Past performance is not a guarantee of future returns. The value of investments may fall as well as rise. Investors are expressly informed that this site provides information only, and that investment decisions should be made based on a full reading of the fund prospectus and the most recent financial statements. Vector shall not be liable for any claims or losses of any nature, arising indirectly or directly from use of the data or material on this site.

The information contained within this site has been compiled with care to ensure accuracy at the date of publication however the development of Vector products and services is continuous and published information may not always be up to date. Vector shall not be liable for any claims or losses of any nature, arising indirectly or directly from use of the data or material on this site.

Fund characteristics

Legal form SICAV
ISIN LU0172125329
Bloomberg code VECNAVI:LX
WKN code A0NEFD
Management Equity
Date of first NAV 2001-04-01
Base currency EUR
Income Allocation Accumulation
Benchmark-index MSCI World
NAV frequency Daily
Deadline orders At the latest by 6 p.m. (Luxembourg time), on the business day preceding valuation day
Trade date t+1
Settlement date t+5
Assets Under Management (fund level) EUR 204,527,360
Risk scale 6
Recommended minimum investment horizon 6 years
% fixed income instruments < 10%
Authorised in Luxembourg, Belgium, Germany, France, Spain and Sweden
Fund managers Werner Smets, Thierry Vandeghinste
Managers start date Inception (2001), 2007
Minimum investment EUR 2,000

Fund costs

Maximum subscription fees 1.00%
Maximum Redemption fees 0.25%
Management fees 1.50%
Performance fees 20 % of outperformance to benchmark index (high watermark)