Specialist in active fund management

DNCA Finance is an asset management company that offers:

- mutual funds;

- arbitrage mandates as part of life assurance contracts;

- portfolio management mandates.

Our management PHILOSOPHY is based on stock-picking and non-index based management which follows a structured and rigorous investment process, the main aim of which is to optimise the risk/return pairing. Only active management which goes beyond being index based enables long-term performance while reducing risks linked to market volatility. Consistently seeking the best opportunities within the limit of acceptable risks summarizes our philosophy.

A management of convictions...

Focused Portfolio

DNCA Finance's management is based on a long experience of markets and companies. The portfolio construction does not only rely on a consensus of opinions, but on the fruits of the work and convictions of DNCA portfolio managers, who follow a rigorous and structured investment process. The portfolios consist of a small number of securities (30 to 50); this requirement leads us to select only our strongest convictions. Our management style ignores both fashions and benchmarks, seeking absolute performance, with risk control as a major concern.

...based on robust fundamentals

A question of good sens

Working according to a strict process, we look for quality companies that are well managed, whose valuation is attractive considering their fundamentals and their outlook. Once an equity appears to us to have reached its upside potential, it is gradually sold.

Our expertise: Long experience in selecting stocks “stock-picking”

Portfolio management

How precisely does portfolio management work at DNCA Finance?
The managers carefully select securities the market; this is called "stock-picking". These securities are selected from companies that are good quality, transparent and respectful of shareholder interests.
Stock-picking is done with the help of the best analysts within each business sector.
The managers select the securities according to their intrinsic qualities and their valuations, whether they belong to an index or not. In doing this, the team – which is both united and experienced – jointly approves every investment decision.

Our world of investigation

Stock-Picking Process

An aversion to high risk

«Prudent and Responsible» management

The investment philosophy arises out of a prudent approach exclusively based on active management, i.e., a free management style, that selects stocks for their fundamental qualities. This philosophy is constantly seeking the best opportunities within the limits of acceptable risks. This defensive «prudent and responsible» bias is obtained thanks to the large safety margins that surround our stock-picking. Companies must have a sound balance sheet and market positions that are well established and reasonably protected. Such «precautions» reduce the risks that are inherent in any stock investment, while procuring the advantage of a valuation potential that is undervalued versus the market.

Teamwork

The strength of a complementary and efficient team

Our management style is first and foremost based on team spirit. The managers all share the same investment philosophy and the same concern for the client. Our investment policy is the result of a permanent brainstorming. With this spirit,which is DNCA Finance's backbone,we do our atmost to offer you the performance that you expect and deserve.