# JSS Sustainable Equity - Systematic Emerging Markets C USD acc
May 2021 | Page 1 of 2
Fund Overview
Net asset value per share382.95
Fund size in millions51.12
Investment company	J. Safra Sarasin Fund Management (Luxembourg) S.A.
Depositary		RBC Investor Services Bank S.A., Luxembourg
Portfolio management		AM Equities, Bank J. Safra Sarasin Ltd
Portfolio Manager	Mathilde Franscini
Domicile of fund		Luxembourg ISIN code	LU0950588334
Swiss Sec.-No.21 797 810
Launch date	13 December 2013 End of fiscal year		June
Ongoing charges	1.84%
Management fee	1.00%
Performance fee	0%
Fund Portrait
The JSS Sustainable Equity - Systematic Emerging Markets aims to deliver long-term capital growth. To achieve this, the sub-fund invests globally in the equity of companies connected to emerging markets. It will also systematically integrate financially-material ESG aspects throughout the entire investment process, in order to avoid controversial exposures, mitigate ESG risks and harness opportunities, while aiming to achieve an above-average ESG profile. “Emerging markets” are generally defined as the markets of countries that are developing into modern industrial economies and therefore have high growth potential but also increased risk.
Net Performance (in USD) as of 31.05.2021
180 64
160 48
140	32
120	16
100	0
1 | JSS Sustainable Equity - Systematic Emerging Markets \nC USD acc
| Accounting currency | USD |  | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Dividend payment | none (reinvesting) |  |  |  |  |  |  |  |
| Sales fee	max. 3.00%	 left scale:	right scale, annual performance in Exit charge	0.0%	 Performance indexed	Fund Legal Structure	SICAV	 Benchmark (BM): MSCI Emerging Markets Issue/Redemption	daily |

80	-16
%:
Benchmark (BM) as listed	MSCI Emerging Markets
| in the prospectus |  |  |  |  | 1 Month | 3 Months | YTD | 1 year | 3 years p.a. | 5 years p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SFDR Classification |  | Article 8 |  | Fund | 1.29% | -2.66% | 2.48% | 39.94% | 3.71% | 7.08% |
|  |  |  |  | BM | 2.32% | 3.28% | 7.26% | 51.00% | 9.65% | 13.88% |
| Statistical Ratios | Fund | Benchmark |  |  |  |  |  |  |  |  |
| Volatility | 20.76% | 19.02% |  |  |  |  |  |  |  | Since |
| Correlation | 0.93 | n.a. |  |  | 2020 | 2019 | 2018 | 2017 | 2016 | Inception |
| Beta | 1.01 | n.a. |  | Fund | 5.14% | 9.03% | -11.18% | 27.75% | 12.70% | 18.43% |
| Sharpe Ratio | 0.14 | 0.47 |  | BM | 18.31% | 18.44% | -14.58% | 37.28% | 11.19% | 74.41% |
| Information Ratio | -0.78 | n.a. |  |  |  |  |  |  |  |  |
| Jensens Alpha	-6.06%	n.a.	 Past performance does not guarantee future returns. The performance shown does not take account of Alpha	-6.07%	n.a.	 any commissions and costs charged when subscribing and redeeming units. Tracking Error	7.63%	n.a. Top Ten Holdings The statistical ratios are calculated on the basis of	 TAIWAN SEMICONDUCTOR-SP ADR	7.84% the previous months	 SAMSUNG ELECTR-GDR REG S	7.06% (36 months, basis USD). Risk-free interest rate:	 TENCENT HOLDINGS LTD	6.09% 0.77%	 BANCO BRADESCO-ADR	4.81% ALIBABA GROUP HOLDING-SP ADR	4.72% Risk-Meter	INFOSYS LTD-SP ADR	4.09% AMBEV SA-ADR	3.92% NASPERS LTD-N SHS SPON ADR	3.71% UNITED MICROELECTRON-SP ADR	3.68% FOMENTO ECONOMICO MEX-SP ADR	3.65% |

Country Allocation
Legal notices – Netherlands edition
JSS Investmentfonds SICAV is a UCITS, structured as an open-ended investment company (société d’investissement à capital variable – “SICAV”) under Luxembourg law, and is regulated by the Commission de Surveillance du Secteur Financier (“CSSF”). This fund is a sub-fund of JSS Investmentfonds SICAV. It has been authorised for public marketing in the Netherlands by the Dutch Authority for the Financial Markets (AFM). The issuer of this fact sheet is not in a position to provide details on any one-off and/or recurring commission paid to or received by the bank and/or the fund’s broker in connection with this product. Source of performance figures: J. Safra Sarasin Investment fonds Ltd, Datastream and SIX. Performance has been calculated on the basis of net asset values (NAV) with gross dividends reinvested. All costs charged to the fund have been deducted when calculating net performance. The performance shown does not take account of any commissions or costs charged to the investor when purchasing or redeeming units. Additional commissions, costs and taxes charged to the investor have a negative impact on performance. The statements in this document constitute neither an offer nor an invitation to purchase shares of the fund. All details provided are for marketing and information purposes only and should not be misinterpreted as investment advice. The latest prospectus, the Key Investor information document (“KIID”), the articles of incorporation as well as the annual and semi-annual reports are available free of charge from Bank
J. Safra Sarasin Ltd, Elisabethenstrasse 62, P.O. Box, CH-4002 Basel. The latest available prospectus as well as the KIID should be consulted before considering any investment. All opinions and estimates constitute best judgement at the time of publication and are subject to change without notice. As the information in this document comes partially from third party sources, the accuracy, completeness or correctness of the information contained in this publication cannot be guaranteed. Persons domiciled in the USA and US nationals are not permitted to hold shares in JSS Investmentfonds SICAV, and shares in JSS Investmentfonds SICAV may not be publicly sold, offered or issued to anyone residing in the USA or to US nationals. This publication is intended for investors in the Netherlands only. Past performance is not a reliable guide to future performance. The value of your investment can fall as well as rise. The return on investment will therefore necessarily be variable. Consequently, there is no guarantee that investors will get back the full amount of their invested capital upon redemption. Investments in foreign currencies may run currency risk, as the return in the investor’s reference currency may be smaller or greater as a result of currency fluctuations. Investors should consider that the securities and financial instruments in this document may not be appropriate for their specific investment objectives.

Translation (ENFR, 2021-05-31):
# JSS Sustainable Equity - Systematic Emerging Markets C USD acc
Mai 2021 | Page 1 de 2
Vue globale du fonds
Valeur d'inventaire382.95
Total des actifs en mio.51.12
Société d'investissement	J. Safra Sarasin Fund
Management (Luxembourg) S.A.
Dépositaire		RBC Investor Services Bank S.A., Luxembourg
Gestion de portefeuille	AM Equities, Banque J. Safra Sarasin SA, Bâle
L’attention des investisseurs est attirée sur le fait que JSS Sustainable Equity - Systematic Emerging Markets présente, au regard des attentes de l’Autorité des Marchés Financiers, une communication disproportionnée sur la prise en compte des critères extra-financiers dans sa gestion.
Portrait du fonds
Le JSS Sustainable Equity - Systematic Emerging Markets vise la croissance des actifs à long terme. Le fonds investit principalement dans les actions d’entreprises en rapport avec les économies émergentes. Le fonds intégrera systématiquement les considérations ESG ayant une influence financière tout au long du processus d'investissement, afin d'éviter les risques de controverse , d'atténuer les risques
Gestionnaire de portefeuille
Mathilde Franscini
ESG et de tirer profit des opportunités, tout en visant à obtenir un profil ESG supérieur à la moyenne. Par « économies émergentes », on entend généralement les marchés des pays en phase de
Domicile du fonds		Luxembourg No ISIN	LU0950588334
No valeur suisse21 797 810
Lancement	13 décembre 2013 Fin de l'exercice		Juin
Frais courants	1.84%
Frais de gestion	1.00%
développement vers des états industriels modernes et qui recèlent donc des potentiels, mais aussi des risques élevés.
Performance nette (en USD) au 31.05.2021
180 64
160 48
La commission de performance
0%
140	32
Monnaie de compte	USD
Distribution	Aucune (réinvestissant)
120	16
100	0
Commission de souscription
max. 3.00%
80	-16
2016	2017	2018	2019	2020	2021
Frais de sortie	0.0%
Structure juridique	SICAV
Émission/rachat	tous les jours
échelle de gauche:	échelle de droite, la performance annuelle en%:
Performance indexée	Fonds 
L'indice de référence correspond à celui indiqué dans le prospectus
MSCI Emerging Markets
Benchmark (BM): MSCI Emerging Markets 
| Classification SFDR |  | Article 8 |  |  | 1 Mois | 3 Mois | YTD | 1 an | 3 ans p.a. | 5 ans p.a. |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  | Fonds | 1.29% | -2.66% | 2.48% | 39.94% | 3.71% | 7.08% |
| Indices statistiques | Fonds | Benchmark |  | BM | 2.32% | 3.28% | 7.26% | 51.00% | 9.65% | 13.88% |
| Volatilité | 20.76% | 19.02% |  |  |  |  |  |  |  |  |
| Corrélation | 0.93 | n.a. |  |  |  |  |  |  |  | Depuis |
| Bêta | 1.01 | n.a. |  |  | 2020 | 2019 | 2018 | 2017 | 2016 | début |
| Ratio de Sharpe | 0.14 | 0.47 |  | Fonds | 5.14% | 9.03% | -11.18% | 27.75% | 12.70% | 18.43% |
| Information Ratio | -0.78 | n.a. |  | BM | 18.31% | 18.44% | -14.58% | 37.28% | 11.19% | 74.41% |
| Jensens Alpha | -6.06% | n.a. |  |  |  |  |  |  |  |  |
| Alpha	-6.07%	n.a.	 Les résultats obtenus par le passé n'offrent aucune garantie quant aux rendements futurs. La performance Tracking Error	7.63%	n.a.	 représentée ne tient pas compte de commissions et de coûts éventuels prélevés lors de la souscription |

Les indices statistiques sont calculés sur la base des mois précédents (36 mois, base USD). Taux d'intérêt exempt de risque: 0.77%
et du rachat de parts.
Profil de risque et de rendement
revenus
| Les dix principales positions |  |
| --- | --- |
| TAIWAN SEMICONDUCTOR-SP ADR | 7.84% |
| SAMSUNG ELECTR-GDR REG S | 7.06% |
| TENCENT HOLDINGS LTD | 6.09% |
| BANCO BRADESCO-ADR | 4.81% |
| ALIBABA GROUP HOLDING-SP ADR | 4.72% |
| INFOSYS LTD-SP ADR | 4.09% |
| AMBEV SA-ADR | 3.92% |
| NASPERS LTD-N SHS SPON ADR | 3.71% |
| UNITED MICROELECTRON-SP ADR | 3.68% |
| FOMENTO ECONOMICO MEX-SP ADR | 3.65% |
| Répartition géographique |  |

revenus
potentiellement faibles
potentiellement
élevés
risques faibles	risques élevés
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

1 | JSS Sustainable Equity - Systematic Emerging Markets \nC USD acc
La catégorie de risque et de rendement mentionnée repose sur des données historiques et ne saurait constituer un indicateur fiable du profil de risque futur du Fonds. La classification du Fonds peut évoluer dans le temps et ne saurait être garantie.