Record Fund Dynamic S Cap
Risk based portfolio of ETFs.
The sub-fund invests its assets mainly in ETFs of iShares that are exposed to equities, debt instruments, interest rate-related securities, securities from the real estate sector, commodities and, if deemed necessary, also in cash and money market instruments.
Important information before you continue
Before you invest in Record Fund Dynamic S Cap, your are advised to read carefully the following documents:
These documents are available for free in your ING-branch or on this website. These documents are available in English, Dutch or French.
The fund Record Fund Dynamic S Cap is not an ING fund.
In order to maintain a low to moderate level of risk, the proportions of the investment instruments vary over time. In the context of this risk profile, the sub-fund aims for an ex-ante volatility on an annual basis between 10% and 15%. However, it can happen that the volatility can deviate from this range for a more or less long period. There is also no guarantee that the sub-fund can maintain this low to moderate risk level, especially in periods of exceptional turbulence on the markets. The manager BlackRock selects the investments of the sub-fund according to their own insights. It should be noted that the currency risk of the ETFs that are selected for the portfolio that are denominated in another currency than the currency of the sub-fund, is not covered
Taken from the document Key Investor Information Document or KIID (PDF).
Historical records – Actuarial Yield - Capitalization share
|Valid on 5/30/2018||Return (%)|
|id||Fund manager||Fund||Fund Type||Morningstar™||inventaris waarde||Currency||after 1 year||after 3 years||after 5 years||after 10 years||since inception||Launch date||Year-to-date||url||award||Return (%)|
|BE6264508548||Record||Record Fund Dynamic||Mixed||3||33,66||Euro||4,4||2,37||N/A||N/A||7,83||14/06/vrijdag||-0,21||/en/retail/investing/record-fund-dynamic||0||True|
Source: Morningstar Direct ™
Actuarial gain expressed on an annual basis in the currency of the relevant UCITS over 1 year, 3 years, 5 years, 10 years and since inception. It relates to end-of-month returns based on historical data. The returns shown are valid for the capitalised parts of the UCITS and take no account of entry fees and potential taxes. Past performance is no guarantee of future performance and can be misleading. The value of shares in the fund and income received from it can go down as well as up, and investors may not get back the full amount invested. All performance data shown is in Euro, include reinvested dividends and are net of management fees. Sales charges and other commissions, taxes and other relevant costs paid by the investor are not included in the calculations When investing in a fund denominated in a foreign currency, your performance may also be affected by currency fluctuations.
Sub-Fund launch date
31 March 2018
Class Launch date
31 March 2018
The reference currency is the euro.
For an investor looking for:
- An investment in a diversified and international portfolio of ETFs managed by BlackRock with a focus on risk management.
The main risks for the Sub-Fund are :
- Market risk: Market risk applies to all investments. Financial instruments are impacted by various factors. These include, but are not limited to, the development of the financial market, the economic development of issuers of these instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country.
- Capital risk: Investors in this sub-fund do not receive any guarantee or capital protection. The value of the investments and the income they generate may rise and fall. As a result, the invested capital may be partially or entirely lost.
- Credit risk: Dit is het risico dat de emittenten van de onderliggende beleggingen hun verplichtingen niet nakomen.
- Liquidity risk: Liquidity risks arise when a specific underlying investment is difficult to sell, causing possible difficulty to redeem your investment from the fund.
- Currency risk: Currency fluctuations may affect the performance of the sub-fund.
The occurrence of any of these risks may have an impact on the net asset value of your portfolio
The net asset value is calculated in Belgium each bank working day. The net asset value is published every public banking business day in Belgium in the financial press, as well as on the BeAMA website (www.beama.be/en/nav). It is also available at the Management Company’s registered address and over the counter from your financial services provider.
A swing price may be applied. Swing pricing aims to reduce the dilution effect brought about when significant operations within a sub-fund compel its manager to buy or sell its underlying assets. These transactions give rise to transaction fees and taxes that have an effect on the fund’s value, as well as on all its investors. Where swing pricing is applied, the sub-fund’s net asset value is adjusted by a particular amount when the capital flow exceeds a certain threshold (the swing factor). This amount is designed to offset expected transaction fees resulting from the difference between incoming and outgoing capital. Swing pricing is only used on rare occasions, if at all.
Please refer to the prospectus d'Record Fund Dynamic S Cap (PDF) for additional information.
Entry charge (applicable by ING Belgium): 1%
Exit charge: 0%
Ongoing charges taken from the Sub-Fund over a year : 1,20% of wich 1% of management fees
Custody fee: 0%/ annum
For other charges that might be paid by the investor, we refer to the prospectus (PDF).
Stock exchange tax (applicable to redemptions only):
Capitalization share: 1.32% (max 4,000 euros)
Distribution share: none
Withholding tax on dividends:
Capitalization share: none
Distribution share: 30%
Withholding tax in case of redemption:
Sub-fund permitted to invest more than 10% of assets in debt securities: yes
Sub-fund actually more than 10% invested in debt securities: yes
Withholding tax (30% depending on the investor’s particular tax situation): applicable
Tax treaty based on the current legislation
Dividends received from distributing shares are subject to the Belgian withholding tax of 30%. The Belgian withholding tax applicable to interests included in the repurchase price of accumulating and distributing shares investing more than 10% of their assets in any kind of debts amounts to 30%.
This tax system applies to Retail customers – private individuals resident in Belgium. Taxation depends on the individual situation of each customer and may change in the future.
Financial Service Belgium: ING Belgium SA/NV, 24 Av. Marnix, B-1000 Brussels