DGC – Franck Muller Luxury Fund

Luxury: a growth sector

• Generation “Alpha” is just entering the luxury market and will largely contribute to the sector growth
• Digitalisation and new trends like “quiet luxury” allows luxury brands to reach a broader consumer base and offers a tailored experience
• Rising number of new millionaires & billionaires worldwide,
• A large audience of first-time customers remains, while the middle class continues to grow in emerging markets.
• Historically resilient investment

A unique partnership

Franck Muller:

• 30+ years of unrivaled know-how and expertise in the luxury sector
• One of the leading independent watchmakers in Switzerland
• A deep knowledge of the luxury sector and industry trends thanks to its direct access to information

NS Partners:

• 60+ years of managing assets and generating alpha
• One of the largest fully independent asset management group in Switzerland and in Europe
• Wide range of investment solutions tailored to suit investors needs in all markets conditions

Investment process

• As advisor, Franck Muller provides qualitative top-down input (Market analysis, Brand & Peers analysis, Country views, Sub-sector-views).
• As asset manager, NS Partners provides bottom-up analysis (Stock analysis, Earnings momentum, Valuation/ Dividends, Cash Flows, Forex exposure, ESG), builds the portfolio and manages risk.

Investment Risks

• The value of investments may fluctuate and investors may not recover the full amount invested. 
• Equity markets can be volatile and may be affected by economic, political and market developments. 
• Investments in international equities may be exposed to currency fluctuations. 
• ESG criteria are integrated into the investment process but may not necessarily result in improved investment performance. 
• Please refer to the Prospectus and PRIIPs KID for a full description of risks associated with the Fund.

Commitment to ESG

• ESG is fully integrated into the fund investment process
• We employ a combination of exclusion (negative screening) and positive screening criteria (best-in-class), while also considering the principal adverse impacts on sustainability factorsWe use a proprietary model and internal scoring which favour companies that make efforts to improve
• SFDR classification: Article 8