Note

Thank you very much for your interest in our website.

Since 01/12/16 Microsoft no longer provides security updates or technical support for old versions of Internet Explorer. Regular security updates contribute to the protection.

https://www.microsoft.com/en-us/microsoft-365/windows/end-of-ie-support

We recommend that you update your browser to view our website in full, e.g. with Google Chrome, Mozilla Firefox or Apple Safari.

If you would like to continue using Internet Explorer, please note that the content may not be displayed correctly due to lack of support.

Thank you for your understanding,
Your MainFirst Team

Verstanden, Seite trotzdem benutzen
True

MainFirst –
Euro Value Stars

As a European equity fund, MainFirst Euro Value Stars invests in eurozone companies with sound fundamentals that are clearly undervalued (hidden champions), but stand out thanks to their management and solid business models. The aim is to achieve long-term capital growth while maintaining an appropriate level of risk diversification.

Learn more

MainFirst –
Euro Value Stars

As a European equity fund, MainFirst Euro Value Stars invests in eurozone companies with sound fundamentals that are clearly undervalued (hidden champions), but stand out thanks to their management and solid business models. The aim is to achieve long-term capital growth while maintaining an appropriate level of risk diversification.

Learn more

MainFirst – Euro Value Stars

More about the fund

This equity fund invests in eurozone companies that the fund management team believes to be trading at a sizeable discount to their intrinsic value. The team selects companies with sound fundamentals, solid business models and strong management. The equity fund combines a broad range of value-oriented strategies, including conventional value-oriented investment, an event-driven and a contrarian approach. The strategy also includes companies with substantial valuation discounts relative to their peers (deep value).

MainFirst Euro Value Stars pursues a value investing approach. This means that the fund management team invests primarily in undervalued companies with a solid business model and management that focuses on sustainability. What is important: There has to be a real chance of revaluation in order to generate a reasonable return. The process involved in selecting suitable companies takes both qualitative and quantitative factors into account. MainFirst Euro Value Stars invests in companies that are currently undervalued, the aim being to achieve capital growth in the medium to long term.

The fund management team consists of Thomas Meier and Christos Sitounis.

Opportunities

  • Flexible investment policy without benchmarking
  • Equity funds: price increases based on market, sector and company developments
  • Foreign exchange gains, if applicable                                                                                

Risks

  • Equity funds: price reductions based on market, sector and company developments
  • Generally: country risk, solvency and/or credit risks of issuers and/or counterparties
  • Use of derivative financial instruments, if applicable
  • Foreign exchange risks, if applicable
  • The share value may drop below the purchase price the customer paid for the share at any
    time.

For detailed information on opportunities and risks, please refer to the current sales prospectus.

UNPRI

MainFirst is committed to the Principles for Responsible Investment (UNPRI) for all investments.

ESG risk analysis
For us, sustainable investing means incorporating ESG risks as a key aspect of the investment process into our investment decisions. During this process, the companies in the MainFirst Euro Value Stars are also checked for existing ESG risks using the database of the external rating agency Sustainalytics. This is primarily a qualitative process.

active dialogue
We engage in an active dialogue with the representatives of the companies in our portfolio positions. This facilitates a constructively critical exchange on strategic and sustainability-oriented topics. Through this commitment, we aim to achieve an improvement in the ESG profile at company level. Companies with serious risks ("Severe Risk") are assessed separately and their management is approached individually to remedy and improve the relevant issues. For us, this also includes actively exercising voting rights and carrying out regular performance reviews.

SECTOR EXCLUSIONs (PRODUcT ENGAGEMENT)

In addition, the fund management team wants to make the world a better place by actively investing sustainably. Therefore, we strengthen the sustainability approach of the MainFirst Euro Value Stars by excluding other sectors:

 

Energy & Environment:

    • Nuclear power
    • Coal

 

Value-based sectors:

    • Adult entertainment

 

Defence & Military:

    • Armaments


GLOBAL STANDARDS

The exclusion of companies that do not meet the criteria of human rights, labour rights, environment or anti-corruption according to the Global Standards of the UN Global Compact is also a basic requirement of the investment.

European SRI Transparency logo           

The European SRI Transparency logo signifies that the MainFirst Affiliated Fund Managers (Deutschland) GmbH commits to provide accurate, adequate and timely information to enable stakeholders, in particular consumers, to understand the Socially Responsible Investment (SRI) policies and practices relating to the fund. Detailed information about the European SRI Transparency Guidelines can be found on www.eurosif.org. The Transparency Guidelines are managed by Eurosif, an independent organisation. The European SRI Transparency Logo reflects the fund manager’s commitment as detailed above and should not be taken as an endorsement of any particular company, organisation or individual.

The current European Transparency Code of the fund can be found here

 

Profile Selection Fund Purchases Sales contact

Legal notices

This is a marketing communication addressed exclusively to professional and/or eligible counterparties in accordance with the MiFID II Directive (2014/65/EU).

This marketing communication is for information purposes only and provides the addressee with guidance on our products, concepts and ideas. This does not form the basis for any purchase, sale, hedging, transfer or mortgaging of assets. None of the information contained herein constitutes an offer to buy or sell any financial instrument nor is it based on a consideration of the personal circumstances of the addressee. It is also not the result of an objective or independent analysis. MainFirst makes no express or implied warranty or representation as to the accuracy, completeness, suitability, or marketability of any information provided to the addressee in webinars, podcasts or newsletters. The addressee acknowledges that our products and concepts may be intended for different categories of investors. The criteria are based exclusively on the currently valid sales prospectus. This marketing communication is not intended for a specific group of addressees. Each addressee must therefore inform themselves individually and under their own responsibility about the relevant provisions of the currently valid sales documents, on the basis of which the purchase of shares is exclusively based. Neither the content provided nor our marketing communications constitute binding promises or guarantees of future results. No advisory relationship is established either by reading or listening to the content. All contents are for information purposes only and cannot replace professional and individual investment advice. The addressee has requested the newsletter, has registered for a webinar or podcast, or uses other digital marketing media on their own initiative and at their own risk. The addressee and participant accept that digital marketing formats are technically produced and made available to the participant by an external information provider that has no relationship with MainFirst. Access to and participation in digital marketing formats takes place via internet-based infrastructures. MainFirst accepts no liability for any interruptions, cancellations, disruptions, suspensions, non-fulfilment, or delays related to the provision of the digital marketing formats. The participant acknowledges and accepts that when participating in digital marketing formats, personal data can be viewed, recorded, and transmitted by the information provider. MainFirst is not liable for any breaches of data protection obligations by the information provider. Digital marketing formats may only be accessed and visited in countries in which their distribution and access is permitted by law.

For detailed information on the opportunities and risks associated with our products, please refer to the current sales prospectus. The statutory sales documents (sales prospectus, key investor information documents (KIIDs), semi-annual and annual reports), which provide detailed information on the purchase of units and the associated risks, form the sole authoritative and binding basis for the purchase of units. The aforementioned sales documents in German (as well as in unofficial translations in other languages) can be found at www.mainfirst.com and are available free of charge from the investment company MainFirst Affiliated Fund Managers S.A. and the custodian bank, as well as from the respective national paying or information agents and from the representative in Switzerland. These are:

Austria: Raiffeisen Bank International, Am Stadtpark 9, A-1030 Wien, Österreich; Belgium: ABN AMRO, Kortijksesteenweg 302, 9000 Gent, Belgium; Finland: Skandinaviska Enskilda Banken P.O. Box 630, FI-00101 Helsinki, Finland; France: Société Générale Securities Services, Société anonyme, 29 boulevard Haussmann, 75009 Paris, France; Germany: MainFirst Affiliated Fund Managers (Deutschland) GmbH, Kennedyallee 76, D-60596 Frankfurt am Main, Deutschland; Italy: Allfunds Bank Milan, Via Bocchetto, 6, 20123 Milano MI, Italy; Lichtenstein: Bendura Bank AG, Schaaner Strasse 27, 9487 Gamprin-Bendern, Lichtenstein; Luxembourg: DZ PRIVATBANK S.A., 4, rue Thomas Edison | L-1445 Strassen; Portugal: BEST - Banco Eletronico de Servico Toal S.A., Praca Marques de Pombal, 3A,3,Lisbon; Spain: Societe Generale Sucursal en Espana, Calle Cardenal Marcelo Spinola 8. 4t planta. 28016 Madrid, Spain; Sweden: MFEX Mutual Funds Exchange AB, Grev Turegatan 19, Box 5378, SE-102 49, Stockholm, Sweden; Switzerland: UBS Fund Management AG, Aeschenplatz 6, 4052 Basel, Switzerland; UK: Société Générale Securities Services, Société Anonyme (UK Branch), 5 Devonshire Square, Cutlers Gardens, London EC2M 4TL, United Kingdom.

The investment company may terminate existing distribution agreements with third parties or withdraw distribution licences for strategic or statutory reasons, subject to compliance with any deadlines. Investors can obtain information about their rights from the website www.mainfirst.com and from the sales prospectus. The information is available in both German and English, as well as in other languages in individual cases. Explicit reference is made to the detailed risk descriptions in the sales prospectus.

This publication is subject to copyright, trademark and intellectual property rights. Any reproduction, distribution, provision for downloading or online accessibility, inclusion in other websites, or publication in whole or in part, in modified or unmodified form, is only permitted with the prior written consent of MainFirst.

Copyright © 2021 MainFirst Group (consisting of companies belonging to MainFirst Holding AG, herin „MainFirst“). All rights reserved.