ETHENEA Independent Investors Ethna-AKTIV is an active multi-asset fund from ETHENEA Independent Investors, ISIN LU0666480289.
Active
Multi-Asset
Global
Fund size (GBP) £1.8B
The investment objective of the Ethna-AKTIV is to achieve reasonable capital growth in euros, whilst taking into account the criteria of sustainability, value stability, capital security and the liquidity of the fund's assets. The fund is actively managed. The fund manager determines the composition of the portfolio exclusively in accordance with the criteria defined in the investment objectives and investment policy, reviews it regularly and adjusts it where necessary. The fund is not managed using an index as a benchmark.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
0.0%Q1
1 year return
+16.8%Q1
3 year return
+29.7%Q1
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−3.2%
3 months−6.6%
Volatility, 3 years8.9%
Ongoing charge (OCF)
Fund size (GBP)£1.8B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Communications22.4%
Financials13.6%
Utilities13.3%
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
USA54.5%
Europe38.9%
Asia2.0%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Global Fixed Interest54.3%
International Equities42.4%
Money Market2.5%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
1. EUROPEAN UNION (10.2039)4.5%
2. NVIDIA CORPORATION4.5%
3. EUROPEAN UNION (12.2040)3.7%
4. EUROPEAN UNION (10.2045)3.6%
5. META PLATFORMS, INC.3.6%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years8.9%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.34
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−9.3%
Alpha, 3 years (FE)
−2.29
Beta, 3 years (FE)
1.53
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 6 Jul 2026.
Regulatory risk rating (SRRI)4 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
LU0666480289
Fund manager
Pesarini, Barthels
Management company
ETHENEA Independent Investors S.A.
Depositary
DZ PRIVATBANK AG, Niederlassung Luxemburg
Benchmark
60% IBOXX (EUR) OA TR, 40% STOXX Europe 600 ( Net Return ) EUR
Ongoing charge
Share class launch date
4 Oct 2012
Domicile
LU
Fund type
open-ended fund
SRRI
4 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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