Always dreamed of being flexible? Good thing you met us, because at Monocle, we are flexible.

Monocle Fund

49% Max equities, 51% Min fixed income products.

Originally created to manage Charles Monot's assets, the fund responds to a challenge: remaining opportunistic while preserving assets. The fund does not use complex products or leverage and invests in the European and American markets.

2025-06-02 00:00:00
Part A – High Net Worth & Institutionnel

NAV: 1.968,28 €
No entry or exit fees. Fixed management fee: 0.95%.
Minimum investment: €100,000

As of: 02 Jun 2025
Net Asset Value

1.968,28€

Performance

2.03%YTD

2.64%3 year (annualized)

4.08%5 year (annualized)

Volatility

8.67%3 year (annualized)

8.19%5 year (annualized)

Annual Performance

As of: 31 May 2025

Past performance is not a reliable indicator of future performance and is net of fees.

Monthly Performance

As of: 31 May 2025

Past performance is not a reliable indicator of future performance and is net of fees.

Risks Indicators

As of: 02 Jun 2025

Portfolio breakdown

As of: 31 May 2025

* gross breakdown, excluding derivatives

Equity pocket breakdown

As of: 31 May 2025

Fixed Income pocket breakdown

As of: 31 May 2025

* gross breakdown, excluding derivatives

General features

  • Assets Under Management

    102 M€

  • Creation date

    2015*

  • Net Asset Value

    Daily

  • Recommended Investment Period

    3-5 years

  • Currency

    Euro (€)

  • SFDR Classification

    Article 8

  • Auditor

    Grant Thornton Audit & Assurance

  • Allocation of results

    Market capitalization

  • Investment vehicle

    UCITS IV Luxembourg

  • Depositary

    UBS (Luxembourg)

  • Performance fees

    14.95% once the €STR capitalised threshold is exceeded + 3%**.

  • Chart sources

    www.monocle.lu

*Past performance is based on the performance of the Icefund - Share A fund created on 6 November 2008 and absorbed on 21 July 2015 by Monocle Fund
**Changement de l’indice et de frais de surperformance au 01/01/2024 qui étaient jusqu’alors : 10% à partir du dépassement du seuil Eurozone HICP ex Tobacco +1%

2025-06-02 00:00:00
Part B - Retail

NAV: 1.205,32 €
Pas de frais d’entrée ni de sortie. Frais de gestion fixes : 1,50%
Investissement minimum : 1 000€

As of: 02 Jun 2025
Net Asset Value

1.205,32€

Performance

1.80%YTD

2.08%3 year (annualized)

3.49%5 year (annualized)

Volatility

8.67%3 year (annualized)

8.18%5 year (annualized)

Annual Performance

As of: 31 May 2025

Past performance is not a reliable indicator of future performance and is net of fees.

Risks Indicators

As of: 02 Jun 2025

Portfolio breakdown

As of: 31 May 2025

* gross breakdown, excluding derivatives

Equity pocket breakdown

As of: 31 May 2025

Fixed Income pocket breakdown

As of: 31 May 2025

* gross breakdown, excluding derivatives

General features

  • Assets Under Management

    102 M€

  • Creation date

    2015

  • Net Asset Value

    Daily

  • Recommended Investment Period

    3-5 years

  • Currency

    Euro (€)

  • SFDR Classification

    Article 8

  • Auditor

    Grant Thornton Audit & Assurance

  • Allocation of results

    Market capitalization

  • Investment vehicle

    UCITS IV Luxembourg

  • Depositary

    UBS (Luxembourg)

  • Performance fees

    14.95% à partir du dépassement du seuil €STR capitalisé + 3% **

*Past performance is based on the performance of the Icefund - Share A fund created on 6 November 2008 and absorbed on 21 July 2015 by Monocle Fund
**Changement de l’indice et de frais de surperformance au 01/01/2024 qui étaient jusqu’alors : 10% à partir du dépassement du seuil Eurozone HICP ex Tobacco +1%

How to invest?

Insurance companies

Axa

France

A Share

B Share

Coralis

Check

Cardif

FranceLuxembourg

A Share

B Share

Elite

Check

Multi-Plus

Check

Assurance - Epargne - Pension (AEP)

CheckCheck

Generali

FranceLuxembourg

A Share

B Share

Duo Fede

Check

Exaelidia

Check

Himalia

Check

Octuor

Check

PER Generali Patrimoine

Check

Primavalis

Check

Xaelidia

Check

Swisslife

FranceLuxembourg

A Share

B Share

Strategic Premium

Check

PER

Check

La Mondiale

FranceLuxembourg

A Share

B Share

Life Mobility Evolution Vie

CheckCheck

Life Mobility Evolution Capi

CheckCheck

Nortia

France

A Share

B Share

Nortia Invest (Compte-titres)

CheckCheck

Nortia SAS (Compte-titres)

CheckCheck

Bourse Direct

France

A Share

B Share

Compte-titres

Check

Lombard International

Luxembourg

A Share

B Share

Contrats FAS - FID

CheckCheck

Liberté

Check

Liberté Capitalisation

Check

One Life

Luxembourg

A Share

B Share

Contrats FAS

CheckCheck

Wealins

Luxembourg

A Share

B Share

Contrats FAS

CheckCheck

Contrats FID

CheckCheck

APICIL

France

A Share

B Share

Tous contrats

Check

Opportunism necessitates preparation

What is Monocle Fund?

It is a fund originally created to manage the assets of Charles Monot, Founder and CEO of the structure with a strategy that is discretionary, flexible and diversified.

The Fund has a maximum 49% equity limit, minimum 51% fixed income floor. Monocle Fund does not use complex products or leverage and is invested in the European and US markets.

We work to identify assets at strategic points in their journey and use our cash & cash equivalent from our fixed income pocket to capture these opportunities. We call this the reserve strategy.

How do we select our opportunities?

Stock selection is based on a rigorous investment process, combining a Bottom-Up conviction approach with a Top-Down control approach.

We analyse and select our stocks independently, without external research, using tools developed in-house. These tools allow us to retrieve all the elements necessary for an in-depth analysis of the company and the construction of a thorough investment thesis.